Ready Capital Corp Stock Analysis
RC Stock | USD 7.25 0.05 0.69% |
Ready Capital Corp is undervalued with Real Value of 8.5 and Target Price of 12.17. The main objective of Ready Capital stock analysis is to determine its intrinsic value, which is an estimate of what Ready Capital Corp is worth, separate from its market price. There are two main types of Ready Capital's stock analysis: fundamental analysis and technical analysis.
The Ready Capital stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Ready Capital's ongoing operational relationships across important fundamental and technical indicators.
Ready |
Ready Stock Analysis Notes
About 61.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.57. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Ready Capital Corp has Price/Earnings To Growth (PEG) ratio of 0.45. The entity recorded a loss per share of 0.72. The firm last dividend was issued on the 30th of September 2024. Ready Capital Corporation operates as a real estate finance company in the United States. Ready Capital Corporation was founded in 2007 and is headquartered in New York, New York. Ready Capital operates under REITMortgage classification in the United States and is traded on New York Stock Exchange. It employs 600 people. To find out more about Ready Capital Corp contact Thomas Capasse at 212 257 4600 or learn more at https://www.readycapital.com.Ready Capital Corp Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Ready Capital's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Ready Capital Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Ready Capital Corp generated a negative expected return over the last 90 days | |
Ready Capital Corp has a frail financial position based on the latest SEC disclosures | |
About 61.0% of the company shares are owned by institutional investors | |
On 31st of October 2024 Ready Capital paid $ 0.25 per share dividend to its current shareholders | |
Latest headline from news.google.com: UBS Group Lowers Ready Capital Price Target to 7.50 - MarketBeat |
Ready Capital Corp Upcoming and Recent Events
Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Ready Capital previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
26th of February 2024 Upcoming Quarterly Report | View | |
13th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
26th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Ready Largest EPS Surprises
Earnings surprises can significantly impact Ready Capital's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2024-05-08 | 2024-03-31 | 0.26 | 0.29 | 0.03 | 11 | ||
2017-11-08 | 2017-09-30 | 0.35 | 0.4 | 0.05 | 14 | ||
2014-08-12 | 2014-06-30 | 0.41 | 0.36 | -0.05 | 12 |
Ready Capital Environmental, Social, and Governance (ESG) Scores
Ready Capital's ESG score is a quantitative measure that evaluates Ready Capital's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Ready Capital's operations that may have significant financial implications and affect Ready Capital's stock price as well as guide investors towards more socially responsible investments.
Ready Capital Thematic Classifications
In addition to having Ready Capital stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
TradingUSA Equities from Trading industry as classified by Fama & French |
Ready Stock Institutional Investors
Shares | Clear Harbor Asset Management, Llc | 2024-09-30 | 1.4 M | Van Eck Associates Corporation | 2024-06-30 | 1.3 M | Ramsey Quantitative Systems Inc | 2024-09-30 | 1.3 M | Quadrant Private Wealth Management, Llc | 2024-09-30 | 1.3 M | First Trust Advisors L.p. | 2024-06-30 | 1.3 M | Schechter Investment Advisors, Llc | 2024-06-30 | 1.2 M | Bank Of New York Mellon Corp | 2024-06-30 | 1.2 M | Soltis Investment Advisors, Llc | 2024-06-30 | 1.2 M | Parallel Advisors, Llc | 2024-06-30 | 913.2 K | Blackrock Inc | 2024-06-30 | 26.6 M | Vanguard Group Inc | 2024-09-30 | 10.6 M |
Ready Market Capitalization
The company currently falls under 'Mid-Cap' category with a market capitalization of 1.23 B.Ready Profitablity
The company has Net Profit Margin (PM) of (0.85) %, which may indicate that it does not properly execute on its own pricing strategies. This is way below average. Likewise, it shows Net Operating Margin (NOM) of (1.62) %, which signifies that for every 100 dollars of sales, it has a net operating loss of $1.62.Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.03 | 0.03 | |
Return On Capital Employed | 0.07 | 0.08 | |
Return On Assets | 0.03 | 0.03 | |
Return On Equity | 0.13 | 0.13 |
Management Efficiency
The current year's Return On Capital Employed is expected to grow to 0.08, whereas Return On Tangible Assets are forecasted to decline to 0.03. At present, Ready Capital's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 2 B, whereas Non Currrent Assets Other are projected to grow to (6.9 B). Ready Capital's management efficiency ratios could be used to measure how well Ready Capital manages its routine affairs as well as how well it operates its assets and liabilities.Last Reported | Projected for Next Year | ||
Book Value Per Share | 18.02 | 11.25 | |
Tangible Book Value Per Share | 16.94 | 9.50 | |
Enterprise Value Over EBITDA | 9.57 | 9.09 | |
Price Book Value Ratio | 0.59 | 0.56 | |
Enterprise Value Multiple | 9.57 | 9.09 | |
Price Fair Value | 0.59 | 0.56 | |
Enterprise Value | 8.6 B | 9 B |
Ready Capital showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Dividend Yield 0.1591 | Operating Margin (1.62) | Profit Margin (0.85) | Forward Dividend Yield 0.1591 | Beta 1.482 |
Technical Drivers
As of the 22nd of November, Ready Capital holds the Risk Adjusted Performance of (0.08), coefficient of variation of (932.68), and Variance of 2.8. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ready Capital, as well as the relationship between them.Ready Capital Corp Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Ready Capital middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Ready Capital Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Ready Capital Corp Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Ready Capital insiders, such as employees or executives, is commonly permitted as long as it does not rely on Ready Capital's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Ready Capital insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Ready Capital Outstanding Bonds
Ready Capital issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Ready Capital Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Ready bonds can be classified according to their maturity, which is the date when Ready Capital Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Ready Capital Predictive Daily Indicators
Ready Capital intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Ready Capital stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Ready Capital Corporate Filings
10Q | 12th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 7th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 9th of August 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 7th of August 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 30th of July 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
14th of June 2024 Other Reports | ViewVerify | |
F4 | 29th of May 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 10th of May 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Ready Capital Forecast Models
Ready Capital's time-series forecasting models are one of many Ready Capital's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Ready Capital's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Ready Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Ready Capital prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Ready shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Ready Capital. By using and applying Ready Stock analysis, traders can create a robust methodology for identifying Ready entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.31 | 0.47 | |
Operating Profit Margin | 0.77 | 0.81 | |
Net Profit Margin | 0.30 | 0.42 | |
Gross Profit Margin | 0.96 | 0.59 |
Current Ready Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Ready analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Ready analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
12.17 | Buy | 9 | Odds |
Most Ready analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Ready stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ready Capital Corp, talking to its executives and customers, or listening to Ready conference calls.
Ready Stock Analysis Indicators
Ready Capital Corp stock analysis indicators help investors evaluate how Ready Capital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Ready Capital shares will generate the highest return on investment. By understating and applying Ready Capital stock analysis, traders can identify Ready Capital position entry and exit signals to maximize returns.
Begin Period Cash Flow | 273.6 M | |
Long Term Debt | 7.1 B | |
Common Stock Shares Outstanding | 148.6 M | |
Total Stockholder Equity | 2.5 B | |
Tax Provision | 6.3 M | |
Quarterly Earnings Growth Y O Y | 3.053 | |
Property Plant And Equipment Net | 2.5 M | |
Cash And Short Term Investments | 141.6 M | |
Cash | 138.5 M | |
Accounts Payable | 41.6 M | |
Net Debt | 7.1 B | |
50 Day M A | 7.3154 | |
Total Current Liabilities | 345.1 M | |
Other Operating Expenses | 94.3 M | |
Non Current Assets Total | 7.8 B | |
Forward Price Earnings | 9.7276 | |
Non Currrent Assets Other | -7.2 B | |
Stock Based Compensation | 7.5 M |
Complementary Tools for Ready Stock analysis
When running Ready Capital's price analysis, check to measure Ready Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ready Capital is operating at the current time. Most of Ready Capital's value examination focuses on studying past and present price action to predict the probability of Ready Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ready Capital's price. Additionally, you may evaluate how the addition of Ready Capital to your portfolios can decrease your overall portfolio volatility.
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