With 1.12 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.81 million shares. During the session, the REIT – Mortgage company that operates in wider Real Estate sector, reached to the highest price of $7.88 whereas the lowest price it dropped to was $7.75. The 52-week range on RC shows that it touched its highest point at $11.67 and its lowest point at $7.52 during that stretch. It currently has a 1-year price target of $9.29. With its current market cap of 1.32 billion, RC has annualized dividend of $1.26 while the current yield stands at 16.09%. Beta for the stock currently stands at 1.44.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RC was down-trending over the past week, with a drop of -6.23%, but this was down by -6.12% over a month. Three-month performance dropped to -6.67% while six-month performance fell -12.32%. The stock lost -24.49% in the past year, while it has lost -23.61% so far this year. A look at the trailing 12-month EPS for RC yields -0.40 with Next year EPS estimates of 1.19. For the next quarter, that number is 0.26. This implies an EPS growth rate of -14.18% for this year and 17.72% for next year. EPS is expected to grow by 14.21% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.07%.
Float and Shares Shorts:
At present, 172.28 million RC shares are outstanding with a float of 166.58 million shares on hand for trading. On 2024-09-13, short shares totaled 17.69 million, which was 1051.00006 higher than short shares on 1723680000. In addition to Mr. Andrew Ahlborn CPA as the firm’s CFO & Secretary, Mr. Gary T. Taylor serves as its Chief Operating Officer.
Institutional Ownership:
Through their ownership of 0.58164 of RC’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RC since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
