Ready Capital Corporation Statistics
Share Statistics
Ready Capital Corporation has 168.53M shares outstanding. The number of shares has increased by -2.27% in one year.
| Shares Outstanding | 168.53M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 0.07% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 166.90M |
| Failed to Deliver (FTD) Shares | 80.61K |
| FTD / Avg. Volume | 4.69% |
Short Selling Information
The latest short interest is 19.27M, so 11.43% of the outstanding shares have been sold short.
| Short Interest | 19.27M |
| Short % of Shares Out | 11.43% |
| Short % of Float | 11.55% |
| Short Ratio (days to cover) | 12.7 |
Valuation Ratios
The PE ratio is 4.43 and the forward PE ratio is 7.12.
| PE Ratio | 4.43 |
| Forward PE | 7.12 |
| PS Ratio | 1.31 |
| Forward PS | 1.3 |
| PB Ratio | 0.59 |
| P/FCF Ratio | 27.84 |
| PEG Ratio | n/a |
Enterprise Valuation
Ready Capital Corporation has an Enterprise Value (EV) of 10.56B.
| EV / Earnings | 31.11 |
| EV / Sales | 9.22 |
| EV / EBITDA | 11.74 |
| EV / EBIT | 12.01 |
| EV / FCF | 195.34 |
Financial Position
The company has a current ratio of 0.79, with a Debt / Equity ratio of 2.84.
| Current Ratio | 0.79 |
| Quick Ratio | 0.79 |
| Debt / Equity | 2.84 |
| Total Debt / Capitalization | 73.95 |
| Cash Flow / Debt | 0.01 |
| Interest Coverage | 1.23 |
Financial Efficiency
Return on equity (ROE) is 0.13% and return on capital (ROIC) is 8.71%.
| Return on Equity (ROE) | 0.13% |
| Return on Assets (ROA) | 0.03% |
| Return on Capital (ROIC) | 8.71% |
| Revenue Per Employee | 3.27M |
| Profits Per Employee | 969.86K |
| Employee Count | 350 |
| Asset Turnover | 0.09 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | 7.17M |
| Effective Tax Rate | 0.02 |
Stock Price Statistics
The stock price has increased by -31.65% in the last 52 weeks. The beta is 1.48, so Ready Capital Corporation's price volatility has been higher than the market average.
| Beta | 1.48 |
| 52-Week Price Change | -31.65% |
| 50-Day Moving Average | 7.17 |
| 200-Day Moving Average | 8.19 |
| Relative Strength Index (RSI) | 51.97 |
| Average Volume (20 Days) | 1.72M |
Income Statement
In the last 12 months, Ready Capital Corporation had revenue of $1.15B and earned $339.45M in profits. Earnings per share was $2.26.
| Revenue | 1.15B |
| Gross Profit | 1.09B |
| Operating Income | 879.33M |
| Net Income | 339.45M |
| EBITDA | 899.56M |
| EBIT | 879.33M |
| Earnings Per Share (EPS) | 2.26 |
Balance Sheet
The company has $138.53M in cash and $7.24B in debt, giving a net cash position of -$7.11B.
| Cash & Cash Equivalents | 138.53M |
| Total Debt | 7.24B |
| Net Cash | -7.11B |
| Retained Earnings | 124.41M |
| Total Assets | 11.25B |
| Working Capital | -256.37M |
Cash Flow
In the last 12 months, operating cash flow was $51.13M and capital expenditures $0, giving a free cash flow of $54.06M.
| Operating Cash Flow | 51.13M |
| Capital Expenditures | 0 |
| Free Cash Flow | 54.06M |
| FCF Per Share | 0.37 |
Margins
Gross margin is 94.8%, with operating and profit margins of 76.77% and 29.64%.
| Gross Margin | 94.8% |
| Operating Margin | 76.77% |
| Pretax Margin | 31.29% |
| Profit Margin | 29.64% |
| EBITDA Margin | 78.54% |
| EBIT Margin | 76.77% |
| FCF Margin | 4.72% |
Dividends & Yields
RC pays an annual dividend of $1.25, which amounts to a dividend yield of 17.03%.
| Dividend Per Share | $1.25 |
| Dividend Yield | 17.03% |
| Dividend Growth (YoY) | -16.67% |
| Payout Ratio | -173.61% |
| Earnings Yield | 30.34% |
| FCF Yield | 4.31% |
Analyst Forecast
The average price target for RC is $8.5, which is 14.1% higher than the current price. The consensus rating is "Hold".
| Price Target | $8.5 |
| Price Target Difference | 14.1% |
| Analyst Consensus | Hold |
| Analyst Count | 10 |
Scores
| Altman Z-Score | 0.25 |
| Piotroski F-Score | 5 |