Ready Capital Corporation (RC)
Ready Capital Statistics
Share Statistics
Ready Capital has 171.83M shares outstanding. The number of shares has increased by -2.33% in one year.
Shares Outstanding | 171.83M |
Shares Change (YoY) | -2.33% |
Shares Change (QoQ) | 0.19% |
Owned by Institutions (%) | 59.65% |
Shares Floating | 169.44M |
Failed to Deliver (FTD) Shares | 565 |
FTD / Avg. Volume | 0.02% |
Short Selling Information
The latest short interest is 22.24M, so 13.2% of the outstanding shares have been sold short.
Short Interest | 22.24M |
Short % of Shares Out | 13.2% |
Short % of Float | 13.33% |
Short Ratio (days to cover) | 9.72 |
Valuation Ratios
The PE ratio is -2.6 and the forward PE ratio is 6.91. Ready Capital's PEG ratio is 0.01.
PE Ratio | -2.6 |
Forward PE | 6.91 |
PS Ratio | -11.33 |
Forward PS | 2.3 |
PB Ratio | 0.63 |
P/FCF Ratio | 4.03 |
PEG Ratio | 0.01 |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for Ready Capital Corporation.
EV / Earnings | n/a |
EV / Sales | n/a |
EV / EBITDA | n/a |
EV / EBIT | n/a |
EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.33, with a Debt / Equity ratio of 0.24.
Current Ratio | 0.33 |
Quick Ratio | 0.33 |
Debt / Equity | 0.24 |
Total Debt / Capitalization | 19.24 |
Cash Flow / Debt | 0.65 |
Interest Coverage | -0.59 |
Financial Efficiency
Return on equity (ROE) is -0.24% and return on capital (ROIC) is -13.85%.
Return on Equity (ROE) | -0.24% |
Return on Assets (ROA) | -0.04% |
Return on Capital (ROIC) | -13.85% |
Revenue Per Employee | $-214,242.11 |
Profits Per Employee | $-934,212.63 |
Employee Count | 475 |
Asset Turnover | -0.01 |
Inventory Turnover | n/a |
Taxes
Income Tax | -104.51M |
Effective Tax Rate | 0.2 |
Stock Price Statistics
The stock price has increased by -45.67% in the last 52 weeks. The beta is 1.51, so Ready Capital's price volatility has been higher than the market average.
Beta | 1.51 |
52-Week Price Change | -45.67% |
50-Day Moving Average | 6.08 |
200-Day Moving Average | 7.38 |
Relative Strength Index (RSI) | 34.3 |
Average Volume (20 Days) | 2.68M |
Income Statement
In the last 12 months, Ready Capital had revenue of -101.77M and earned -443.75M in profits. Earnings per share was -2.62.
Revenue | -101.77M |
Gross Profit | -101.77M |
Operating Income | -412M |
Net Income | -443.75M |
EBITDA | 0 |
EBIT | -412M |
Earnings Per Share (EPS) | -2.62 |
Balance Sheet
The company has 143.8M in cash and 437.85M in debt, giving a net cash position of -294.04M.
Cash & Cash Equivalents | 143.8M |
Total Debt | 437.85M |
Net Cash | -294.04M |
Retained Earnings | -505.09M |
Total Assets | 10.14B |
Working Capital | -294.04M |
Cash Flow
In the last 12 months, operating cash flow was 286.4M and capital expenditures 0, giving a free cash flow of 286.4M.
Operating Cash Flow | 286.4M |
Capital Expenditures | 0 |
Free Cash Flow | 286.4M |
FCF Per Share | 1.69 |
Margins
Gross margin is 100%, with operating and profit margins of 404.85% and 436.05%.
Gross Margin | 100% |
Operating Margin | 404.85% |
Pretax Margin | 507.55% |
Profit Margin | 436.05% |
EBITDA Margin | n/a |
EBIT Margin | 404.85% |
FCF Margin | -281.43% |
Dividends & Yields
RC pays an annual dividend of $0.93, which amounts to a dividend yield of 18.61%.
Dividend Per Share | $0.93 |
Dividend Yield | 18.61% |
Dividend Growth (YoY) | -58.33% |
Payout Ratio | -36.71% |
Earnings Yield | -52.82% |
FCF Yield | 33.57% |
Analyst Forecast
The average price target for RC is $8.5, which is 71.4% higher than the current price. The consensus rating is "Hold".
Price Target | $8.5 |
Price Target Difference | 71.4% |
Analyst Consensus | Hold |
Analyst Count | 8 |
Scores
Altman Z-Score | -0.01 |
Piotroski F-Score | 7 |