The time has not yet come to remove your chips from the table: Ready Capital Corp (RC)

With 1.31 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.78 million shares. During the session, the REIT – Mortgage company that operates in wider Real Estate sector, reached to the highest price of $6.84 whereas the lowest price it dropped to was $6.64. The 52-week range on RC shows that it touched its highest point at $10.02 and its lowest point at $6.45 during that stretch. It currently has a 1-year price target of $8.12. With its current market cap of 1.13 billion, RC has annualized dividend of $1.10 while the current yield stands at 16.47%. RC paid its most recent dividend on 1735603200, while the ex-dividend date for that was 1735603200. Beta for the stock currently stands at 1.47.

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 -2.62%, but this was down by -8.99% over a month. Three-month performance dropped to -7.09% while six-month performance fell -27.86%. The stock lost -33.93% in the past year, while it has lost -2.05% so far this year. A look at the trailing 12-month EPS for RC yields -0.73 with Next year EPS estimates of 0.96. For the next quarter, that number is 0.18. This implies an EPS growth rate of -63.30% for this year and 122.51% for next year.

Float and Shares Shorts:

At present, 168.53 million RC shares are outstanding with a float of 166.90 million shares on hand for trading. On 2024-12-31, short shares totaled 22.01 million, which was 1305.9999999999998 higher than short shares on 1732838400. 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 0.61487 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 10.0 and a low target of 6.25, the average target price over the next 12 months is 8.125. Based on these targets, RC could surge 49.7% to reach the target high and fall by -6.44% to reach the target low. Reaching the average price target will result in a growth of 21.63% from current levels.

Analysts have provided yearly estimates in a range of $0.44708 being high and $0.40517 being low. For RC, this leads to a yearly average estimate of $0.43311. Based on analyst estimates, the high estimate for the next quarter is $0.32 and the low estimate is $0.23. The average estimate for the next quarter is thus $0.27.