Ready Capital Corp RC

Morningstar Rating
$1.10 −0.03 (2.65%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

RC is trading at a LOCK|%?rR^ premium.
Price
$1.10
Fair Value
LOCK|<B^drQ
Uncertainty
LOCK|Lm SYv%l
1-Star Price
LOCK|$WVWSs
5-Star Price
LOCK|j&^Y!n<
Economic Moat
LOCK|%h
Capital Allocation
—

News

Trading Information

Previous Close Price
$1.13
Day Range
$1.08–1.13
52-Week Range
$1.08–3.78
Bid/Ask
$1.11 / $1.13
Shares Outstanding
165.19M
Market Cap
$181.71M
Volume/Avg
2M / 1M

Key Statistics

Price/Earnings (Normalized)
—
Price/Sales
—
Dividend Yield (Trailing)
3.64%
Dividend Yield (Forward)
3.64%
Dividend Payment Schedule
Jan, Apr, Jul, Oct
Total Yield
10.49%

Company Profile

Ready Capital Corp is a real estate finance company that originates, acquires, finances, and services LMM loans, SBA loans, construction loans, USDA loans and, to a lesser extent, MBS collateralized mainly by LMM loans or other real estate-related investments. Its loans are used by businesses to purchase real estate used in their operations or by investors seeking to acquire multi-family, office, retail, mixed use or warehouse properties. It operates through two segments: LMM Commercial Real Estate, which originates LMM loans across the life-cycle of an LMM property including construction, bridge, stabilized and agency loan channels, and Small Business Lending, which acquires, originates and services owner-occupied loans guaranteed by the SBA and also originates and services USDA loans.
Sector
Real Estate
Industry
REIT - Mortgage
Stock Style Box
Small Value
Total Number of Employees
442

Valuation

Metric
RC
Price/Earnings (Normalized)
—
Price/Book Value
0.16
Price/Sales
—
Price/Cash Flow
0.16
Price/Earnings
RC

Financial Strength

Metric
RC
Quick Ratio
—
Current Ratio
—
Interest Coverage
—
Quick Ratio
No chart available

Profitability

Metric
RC
Return on Assets (Normalized)
−7.00%
Return on Equity (Normalized)
−37.13%
Return on Invested Capital (Normalized)
—
Return on Assets
RC

REIT - Mortgage Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Annaly Capital Management Inc
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—LOCK|gr$14B
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—LOCK|ff$10B
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—LOCK|^$Q$5B
Starwood Property Trust Inc
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—LOCK|<%#$5B
Dynex Capital Inc
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—LOCK|dh$3B
ARMOUR Residential REIT Inc
ARR
—LOCK|X>$2B
Blackstone Mortgage Trust Inc Class A
BXMT
—LOCK|!ZN$2B
Ellington Financial Inc
EFC
—LOCK|#>$1B
Ladder Capital Corp Class A
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—LOCK|l!D$1B
Orchid Island Capital Inc
ORC
—LOCK|wx$997M

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