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Ready Capital Corporation Notes -15.12.29

Data quality: 100%
Oversold
RCD
NYSE Real Estate REIT - Mortgage
$19.57
▲ $0.17 (0.88%)
Mkt Cap: 3.17B
Day Range
$19.57 $19.79
52-Week Range
$19.57 $24.45
Volume
20,598
50D / 200D Avg
$21.33 / $22.81
Prev Close
$19.40

Quick Summary

Price History

Financial Trends

Peer Comparison

vs Real Estate sector median (361 peers)

Metric Stock Sector Median
P/E -13.9 11.2
P/B 2.0 0.8
ROE % -13.5 6.1
Net Margin % -45.8 19.9
Rev Growth 5Y % 13.9 7.0
D/E 3.8 0.9

Analyst Price Target

No analyst coverage available

Earnings Estimates

Period EPS Est. Revenue Est. Analysts
FY2027 -$0.28
-$0.28 – -$0.28
 362.30M 1
FY2026 -$0.51
-$0.51 – -$0.51
 300.25M 1

Earnings Surprises

Last 8 quarters
Quarter Est. EPS Actual EPS Surprise
2026-02-26 -$0.14 -$1.45 -945.3%
2025-11-06 -$0.24 -$0.11 +53.5%
2025-08-07 -$0.05 -$0.14 -160.4%
2025-05-08 $0.12 -$0.09 -175.0%
2025-03-03 $0.21 $0.23 +9.5%
2024-11-08 $0.23 $0.25 +8.7%
2024-08-07 $0.26 $0.07 -73.1%
2024-05-08 $0.28 $0.29 +3.6%

Dividend History

1 yr streak

Yield

0.32%

Payout Ratio

-0.50%

Growth (3Y)

N/A

Growth (5Y)

N/A

Ex-Date Payment Date Amount Yield
Feb 27, 2026 Mar 16, 2026 $0.56 10.74%
Dec 01, 2025 Dec 15, 2025 $0.56 9.90%
Aug 29, 2025 Sep 15, 2025 $0.56 7.36%
May 30, 2025 Jun 16, 2025 $0.56 5.05%
Feb 28, 2025 Mar 17, 2025 $0.59 2.40%

Key Takeaways

Revenue grew 13.94% annually over 5 years — strong growth
Debt/Equity of 3.78 — high leverage
Negative free cash flow of -203.48M
PEG of 0.03 suggests growth is underpriced
Revenue growth is accelerating — 1Y growth exceeds 5Y average by 1712.02%
Capital efficient — spends only 0.00% of revenue on capex

Growth

Revenue Growth (5Y)
13.94%
Revenue (1Y)1725.96%
Earnings (1Y)N/A
FCF Growth (3Y)N/A

Quality

Return on Equity
-13.50%
ROIC1.22%
Net Margin-45.83%
Op. Margin24.22%

Safety

Debt / Equity
3.78
Current Ratio1.04
Interest Coverage0.24

Valuation

P/E Ratio
-13.86
Forward P/EN/A
P/B Ratio2.04
EV/EBITDA72.65
Dividend Yield0.32%

All Fundamental Metrics

Growth
Revenue Growth (1Y) 1725.96% Revenue Growth (3Y) 13.18%
Earnings Growth (1Y) N/A Earnings Growth (3Y) N/A
Revenue Growth (5Y) 13.94% Earnings Growth (5Y) N/A
Profitability
Revenue (TTM) 499.47M Net Income (TTM) -228.92M
ROE -13.50% ROA -2.95%
Gross Margin 87.67% Operating Margin 24.22%
Net Margin -45.83% Free Cash Flow (TTM) -203.48M
ROIC 1.22% FCF Growth (3Y) N/A
Safety
Debt / Equity 3.78 Current Ratio 1.04
Interest Coverage 0.24
Dividends
Dividend Yield 0.32% Payout Ratio -0.50%
Dividend Growth (3Y) N/A Dividend Growth (5Y) N/A
Consecutive Div Years 1 yrs
Valuation
P/E Ratio -13.86 Forward P/E N/A
P/B Ratio 2.04 P/S Ratio 6.35
PEG Ratio 0.03 Forward PEG N/A
EV/EBITDA 72.65 Fwd EV/EBITDA 340.97
Forward P/S 10.57 Fwd Earnings Yield N/A
FCF Yield -6.41%
Market Cap 3.17B Enterprise Value 8.79B

Income Statement

Annual, most recent first

Income statement data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue 499.47M 27.35M 389.94M 383.33M 296.34M
Net Income -228.92M -435.76M 339.45M 194.26M 157.74M
EPS (Diluted) -1.44 -2.63 2.23 1.51 1.54
Gross Profit 437.87M 27.35M 389.94M 383.33M 296.34M
Operating Income 120.96M 0.0 0.0 0.0 0.0

Balance Sheet

Annual, most recent first

Balance sheet data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 7.77B 10.14B 12.44B 11.62B 9.53B
Total Liabilities 6.12B 8.21B 9.79B 9.72B 8.25B
Shareholders' Equity 1.55B 1.84B 2.55B 1.80B 1.28B
Total Debt 5.86B 6.04B 7.24B 9.34B 7.92B
Cash & Equivalents 247.59M 143.80M 138.53M 163.04M 229.53M
Current Assets 207.84M 0.0 272.89M 289.93M 237.40M
Current Liabilities 200.13M 0.0 345.13M 457.75M 655.96M