Ready Capital Corp RC

Morningstar Rating
$1.71 −0.01 (0.58%)
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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 within a range we consider fairly valued.
Price
$1.71
Fair Value
$5.35
Uncertainty
Very High
1-Star Price
$5.42
5-Star Price
$3.22
Economic Moat
Gtbmw
Capital Allocation

News

Trading Information

Previous Close Price
$1.72
Day Range
$1.691.75
52-Week Range
$1.504.75
Bid/Ask
$1.71 / $1.75
Shares Outstanding
165.22M
Market Cap
$282.52M
Volume/Avg
1M / 2M

Key Statistics

Price/Earnings (Normalized)
Price/Sales
Dividend Yield (Trailing)
15.79%
Dividend Yield (Forward)
2.34%
Total Yield
33.55%

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
0.23
Price/Sales
Price/Cash Flow
0.26
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)
−5.61%
Return on Equity (Normalized)
−29.72%
Return on Invested Capital (Normalized)
Return on Assets
RC

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