With 1.83 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.73 million shares. During the session, the REIT – Mortgage company that operates in wider Real Estate sector, reached to the highest price of $7.39 whereas the lowest price it dropped to was $7.18. The 52-week range on RC shows that it touched its highest point at $11.67 and its lowest point at $6.65 during that stretch. It currently has a 1-year price target of $8.79. With its current market cap of 1.23 billion, RC has annualized dividend of $1.15 while the current yield stands at 15.71%. Beta for the stock currently stands at 1.46.
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 -1.35%, but this was up by 7.96% over a month. Three-month performance dropped to -7.69% while six-month performance fell -13.48%. The stock lost -30.42% in the past year, while it has lost -28.59% so far this year. A look at the trailing 12-month EPS for RC yields -0.73 with Next year EPS estimates of 1.06. For the next quarter, that number is 0.24. This implies an EPS growth rate of -37.71% for this year and 44.81% 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, 168.53 million RC shares are outstanding with a float of 166.89 million shares on hand for trading. On 2024-11-15, short shares totaled 19.95 million, which was 1184.0 higher than short shares on 1728950400. 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 0.61403 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 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With RC analysts setting a high price target of 12.0 and a low target of 6.75, the average target price over the next 12 months is 8.79167. Based on these targets, RC could surge 63.93% to reach the target high and fall by -7.79% to reach the target low. Reaching the average price target will result in a growth of 20.1% from current levels.
Analysts have provided yearly estimates in a range of $0.75869 being high and $0.68756 being low. For RC, this leads to a yearly average estimate of $0.73498. The surprise factor in the prior quarter was $0.26. Based on analyst estimates, the high estimate for the next quarter is $0.32 and the low estimate is $0.16. The average estimate for the next quarter is thus $0.25.
