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Ready Capital Corporation (RC)
NYSE:RC
Total Valuation
Ready Capital has a market cap or net worth of $761.20M. The enterprise value is $9.40B.
Market Cap$761.20M
Enterprise Value$9.40B
Share Statistics
Ready Capital has 171.83M shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding171.83M
Owened by Insiders1.32%
Owened by Instutions9.90%
Financial Efficiency
Ready Capital’s return on equity (ROE) is -0.24 and return on invested capital (ROIC) is -62.44%.
Return on Equity (ROE)-24.14%
Return on Assets (ROA)-4.38%
Return on Invested Capital (ROIC)-62.44%
Return on Capital Employed (ROCE)-4.25%
Revenue Per Employee$1,274,313.684
Profits Per Employee-$958,656.842
Employee Count475
Asset Turnover-0.01
Inventory Turnover0.00
Valuation Ratios
The current PE Ratio of Ready Capital is -2.60. Ready Capital’s PEG ratio is 0.01.
PE Ratio-2.60
PS Ratio-11.33
PB Ratio0.63
Price to Fair Value0.63
Price to FCF4.03
Price to Operating Cash Flow4.03
PEG Ratio0.01
Income Statement
In the last 12 months, Ready Capital had revenue of $605.30M and earned -$455.36M in profits. Earnings per share was -$2.71.
Revenue$605.30M
Gross Profit$536.47M
Operating Income-$65.43M
Pretax Income-$516.51M
Net Income-$455.36M
EBITDA-93.98M
Earnings Per Share (EPS)-2.71
Cash Flow
In the last 12 months, operating cash flow was $317.44M and capital expenditures $0.00, giving a free cash flow of $317.44M billion.
Operating Cash Flow$317.44M
Free Cash Flow$317.44M
Free Cash Flow per Share$1.85
Dividends & Yields
Ready Capital pays an annual dividend of $0.13, resulting in a dividend yield of 20.88%
Dividend Per Share$0.13
Dividend Yield20.88%
Payout Ratio1850.00%
Free Cash Flow Yield24.83%
Earnings Yield-38.48%
Stock Price Statistics
Beta0.98
52-Week Price Change-39.81%
50-Day Moving Average5.55
200-Day Moving Average6.76
Relative Strength Index (RSI)46.13
Average Volume (3m)3.83M
Important Dates
Ready Capital upcoming earnings date is May 1, 2025, After Close.
Last Earnings DateMar 3, 2025
Next Earnings DateMay 1, 2025
Ex-Dividend DateMar 31, 2025
Financial Position
Ready Capital as a current ratio of 0.33, with Debt / Equity ratio of 0.24
Current Ratio0.33
Quick Ratio0.33
Debt to Market Cap0.27
Net Debt to EBITDA0.00
Interest Coverage Ratio-0.59
Taxes
In the past 12 months, Ready Capital has paid -$104.51M in taxes.
Income Tax-$104.51M
Effective Tax Rate20.23%
Enterprise Valuation
Ready Capital EV to EBITDA ratio is 0.00, with an EV/FCF ratio of 5.05.
EV to Sales-14.22
EV to EBITDA0.00
EV to Free Cash Flow5.05
EV to Operating Cash Flow5.05
Balance Sheet
Ready Capital has $143.80M in cash and marketable securities with $437.85M in debt, giving a net cash position of $294.04M billion.
Cash & Marketable Securities$143.80M
Total Debt$437.85M
Net Cash$294.04M
Net Cash Per Share$1.71
Tangible Book Value Per Share$10.18
Margins
Gross margin is 100.00%, with operating margin of 404.85%, and net profit margin of 436.05%.
Gross Margin100.00%
Operating Margin404.85%
Pretax Margin507.55%
Net Profit Margin436.05%
EBITDA Margin0.00%
EBIT Margin-176.82%
Analyst Forecast
The average price target for Ready Capital is $6.00, which is 11.43% higher than the current price. The consensus rating is Hold
Price Target$6.00
Price Target Upside35.44%
Analyst ConsensusHold
Analyst Count6
Revenue Growth Forecast-24.40%
EPS Growth Forecast-210.65%