Ready Capital Corp (RC)

Last Closing Price: 4.19 (2025-05-23)

Company Description

Ready Capital Corporation is a publicly-traded mortgage REIT and is externally managed by Waterfall Asset Management LLC. The company provides non-bank real estate and small business. It lends primarily to multifamily and commercial real estate, delivering value-add bridge loans and fixed rate financings for stabilized assets. The company approved Freddie Mac Small Balance Loan lender and provides residential mortgage lending through its wholly-owned subsidiary GMFS Inc. Ready Capital Corporation, formerly known as Sutherland Asset Management Corporation, is based in New York, United States.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $896.97M
Net Income (Most Recent Fiscal Year) $-435.76M
PE Ratio (Current Year Earnings Estimate) 15.91
PE Ratio (Trailing 12 Months) 7.62
PEG Ratio (Long Term Growth Estimate) --
Price to Sales Ratio (Trailing 12 Months) 0.87
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 0.37
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 3.01
Pre-Tax Margin (Trailing 12 Months) -40.69%
Net Margin (Trailing 12 Months) -34.40%
Return on Equity (Trailing 12 Months) 5.53%
Return on Assets (Trailing 12 Months) 1.06%
Current Ratio (Most Recent Fiscal Quarter) 1.78
Quick Ratio (Most Recent Fiscal Quarter) 1.78
Debt to Common Equity (Most Recent Fiscal Quarter) 0.77
Inventory Turnover (Trailing 12 Months) --
Book Value per Share (Most Recent Fiscal Quarter) $11.32
Earnings per Share (Most Recent Fiscal Quarter) $0.00
Earnings per Share (Most Recent Fiscal Year) $0.97
Diluted Earnings per Share (Trailing 12 Months) $-1.74
Stock
Exchange NYSE
Sector Real Estate
Industry REIT - Mortgage
Common Shares Outstanding 170.51M
Free Float 168.63M
Market Capitalization $714.42M
Average Volume (Last 20 Days) 2.81M
Beta (Past 60 Months) 1.45
Percentage Held By Insiders (Latest Annual Proxy Report) 1.10%
Percentage Held By Institutions (Latest 13F Reports) 55.87%
Annual Dividend (Based on Last Quarter) $0.50
Dividend Yield (Based on Last Quarter) 11.93%