Real Estate -
REIT - Mortgage - NYSE - US
$ 4.43
-2.21 %
$ 755 M
Market Cap
-2.75
P/E
1. INTRINSIC VALUE
Balance Sheet
Ready Capital Corporation
| Current Assets | 0 |
| Cash & Short-Term Investments | 0 |
| Receivables | 248 M |
| Other Current Assets | -248 M |
| Non-Current Assets | 0 |
| Long-Term Investments | 288 M |
| PP&E | 7.36 M |
| Other Non-Current Assets | -296 M |
| Current Liabilities | 0 |
| Accounts Payable | 53.3 M |
| Short-Term Debt | 317 M |
| Other Current Liabilities | -370 M |
| Non-Current Liabilities | 0 |
| Long-Term Debt | 5.72 B |
| Other Non-Current Liabilities | -5.72 B |
EFFICIENCY
Earnings Waterfall
Ready Capital Corporation
| Revenue | 27.4 M |
| Cost Of Revenue | 0 |
| Gross Profit | 27.4 M |
| Operating Expenses | 27.4 M |
| Operating Income | 0 |
| Other Expenses | 412 M |
| Net Income | -412 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Ready Capital Corporation
| Net Income | -412 M |
| Depreciation & Amortization | 0 |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 8.12 M |
| Change in Working Capital | -135 M |
| Others | 677 M |
| Free Cash Flow | 275 M |
Wall Street Analysts Price Targets
Ready Capital Corporation
Wall Street analysts predict an average 1-year price target for RC of $7.5 , with forecasts ranging from
a
low of
$5.5 to a high of $9 .
RC Lowest Price Target
Wall Street Target
5.5 USD
24.15%
RC Average Price Target
Wall Street Target
7.5 USD
69.30%
RC Highest Price Target
Wall Street Target
9 USD
103.16%
4. DIVIDEND
ANALYSIS
5.24%
DIVIDEND YIELD
0.125 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Ready Capital Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
704 K USD 6
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
BRMK INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Broadmark Realty Capital Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Broadmark Realty Capital Inc. (“Broadmark” or “the Company”) (NYSE: BRMK), Ready Capital Corporation ("Ready Capital") (NYSE: RC), and certain officers.
globenewswire.com
- 1 week ago
Ditch Mortgage REITs? These High Yielders Are Crushing It
Mortgage REITs have endured many rough quarters. They are not the only choice for big yields. We will cover a few alternatives that offer big yields with less risk.
seekingalpha.com
- 1 week ago
BRMK INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Broadmark Realty Capital Inc. Shareholders Have Opportunity to Lead Class Action Lawsuit!
NEW YORK CITY, NY / ACCESS Newswire / June 17, 2025 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Broadmark Realty Capital Inc. ("Broadmark" or "the Company") (NYSE:BRMK), Ready Capital Corporation ("Ready Capital") (NYSE:RC), and certain officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that held Broadmark common stock as of the record date of the May 30, 2023 (the "Merger Date") between Broadmark and Ready Capital, were entitled to vote on the merger of Broadmark and Ready Capital, and thus were damaged by defendants' violations of Section 14(a) of the Exchange Act.
accessnewswire.com
- 1 week ago
BRMK SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Broadmark Realty Capital Inc. Investors Have Opportunity to Lead Class Action Lawsuit!
NEW YORK CITY, NY / ACCESS Newswire / June 16, 2025 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Broadmark Realty Capital Inc. ("Broadmark" or "the Company") (NYSE:BRMK), Ready Capital Corporation ("Ready Capital") (NYSE:RC), and certain officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that held Broadmark common stock as of the record date of the May 30, 2023 (the "Merger Date") between Broadmark and Ready Capital, were entitled to vote on the merger of Broadmark and Ready Capital, and thus were damaged by defendants' violations of Section 14(a) of the Exchange Act.
accessnewswire.com
- 2 weeks ago
BRMK SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Broadmark Realty Capital Inc. Shareholders with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
NEW YORK CITY, NY / ACCESS Newswire / June 15, 2025 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Broadmark Realty Capital Inc. ("Broadmark" or "the Company") (NYSE:BRMK), Ready Capital Corporation ("Ready Capital") (NYSE:RC), and certain officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that held Broadmark common stock as of the record date of the May 30, 2023 (the "Merger Date") between Broadmark and Ready Capital, were entitled to vote on the merger of Broadmark and Ready Capital, and thus were damaged by defendants' violations of Section 14(a) of the Exchange Act.
accessnewswire.com
- 2 weeks ago
UPDATE -- Ready Capital Corporation Declares Second Quarter 2025 Dividends
NEW YORK, June 14, 2025 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.125 per share of common stock and Operating Partnership unit for the quarter ended June 30, 2025. This dividend is payable on July 31, 2025, to shareholders of record as of the close of business on June 30, 2025.
globenewswire.com
- 2 weeks ago
Ready Capital Corporation Declares First Quarter 2025 Dividends
NEW YORK, June 13, 2025 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.125 per share of common stock and Operating Partnership unit for the quarter ended June 30, 2025. This dividend is payable on July 31, 2025, to shareholders of record as of the close of business on June 30, 2025.
globenewswire.com
- 2 weeks ago
A Brief Lesson On Huge Yielders
Charts? Dog photos? Me? An Opportunity to learn? So many reasons to like this article. Beware of extremely high return on equity figures. It looks great today, but you need to evaluate the source of the income.
seekingalpha.com
- 2 weeks ago
BRMK INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Broadmark Realty Capital Inc. Stockholders with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
NEW YORK CITY, NY / ACCESS Newswire / June 13, 2025 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Broadmark Realty Capital Inc. ("Broadmark" or "the Company") (NYSE:BRMK), Ready Capital Corporation ("Ready Capital") (NYSE:RC), and certain officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that held Broadmark common stock as of the record date of the May 30, 2023 (the "Merger Date") between Broadmark and Ready Capital, were entitled to vote on the merger of Broadmark and Ready Capital, and thus were damaged by defendants' violations of Section 14(a) of the Exchange Act.
accessnewswire.com
- 2 weeks ago
INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against Broadmark Realty Capital Inc., Ready Capital Corporation, Others and Announces Opportunity for Investors with Substantial Losses to Lead Class Action Lawsuit – BRMK; RC
SAN DIEGO, June 12, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that holders of Broadmark Realty Capital Inc. (NYSE: BRMK) common stock as of the record date of the May 2023 merger between Broadmark and Ready Capital Corporation (NYSE: RC) (the “Merger”), have until Monday, July 28, 2025 to seek appointment as lead plaintiff of the Broadmark class action lawsuit. Captioned Grant v. Broadmark Realty Capital, No. 25-cv-01013 (W.D. Wash.), the Broadmark class action lawsuit charges Broadmark, Ready Capital, certain of Broadmark's and Ready Capital's top executives and directors, as well as Ready Capital's external asset manager with violations of the Securities Exchange Act of 1934.
globenewswire.com
- 2 weeks ago
BRMK INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Broadmark Realty Capital Inc. Shareholders with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
NEW YORK CITY, NY / ACCESS Newswire / June 12, 2025 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Broadmark Realty Capital Inc. ("Broadmark" or "the Company") (NYSE:BRMK), Ready Capital Corporation ("Ready Capital") (NYSE:RC), and certain officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that held Broadmark common stock as of the record date of the May 30, 2023 (the "Merger Date") between Broadmark and Ready Capital, were entitled to vote on the merger of Broadmark and Ready Capital, and thus were damaged by defendants' violations of Section 14(a) of the Exchange Act.
accessnewswire.com
- 2 weeks ago
BRMK INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Broadmark Realty Capital Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
NEW YORK, June 11, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Broadmark Realty Capital Inc. (“Broadmark” or “the Company”) (NYSE: BRMK), Ready Capital Corporation ("Ready Capital") (NYSE: RC), and certain officers.
globenewswire.com
- 2 weeks ago
8. Profile
Summary
Ready Capital Corporation RC
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 755 M
Dividend Yield
5.24%
Description
Ready Capital Corporation operates as a real estate finance company in the United States. The company acquires, originates, manages, services, and finances small to medium balance commercial (SBC) loans, small business administration (SBA) loans, residential mortgage loans, and mortgage backed securities collateralized primarily by SBC loans, or other real estate-related investments. It operates through three segments: SBC Lending and Acquisitions; Small Business Lending; and Residential Mortgage Banking. The SBC Lending and Acquisitions segment, through its subsidiary, ReadyCap Commercial, LLC, originate SBC loans secured by stabilized or transitional investor properties using various loan origination channels. The Small Business Lending segment, through its subsidiary, ReadyCap Lending, LLC, acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program. The Residential Mortgage Banking segment, through its subsidiary, GMFS, LLC, originates residential mortgage loans. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Sutherland Asset Management Corporation and changed its name to Ready Capital Corporation in September 2018. Ready Capital Corporation was founded in 2007 and is headquartered in New York, New York.
Contact
1251 Avenue of the Americas, New York City, NY, 10020
https://www.readycapital.com
IPO
Date
Feb. 8, 2013
Employees
475
Officers
Mr. Andrew Ahlborn CPA
Chief Financial Officer & Secretary
Mr. Brian Dunn
Director of Finance Division
Mr. Alex Ovalle
MD & Head of Construction Lending and Syndications
David A. Cohen
MD & Co-Head of the National Bridge Lending Platform
Mr. Gary T. Taylor
Chief Operating Officer
Mr. Jack Jay Ross CPA
President & Director
Mr. Adam Zausmer
Chief Credit Officer
Mr. Thomas Edward Capasse
Chairman, Chief Executive Officer & Chief Investment Officer