Ready Capital Corporation

AI Score

XX

Unlock

5.00
0.03 (0.60%)
At close: Mar 31, 2025, 1:08 PM

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
Financial Ratio History

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
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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%
Dividend Details

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
Stock Forecasts

Scores

Altman Z-Score -0.01
Piotroski F-Score 7