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Ready Capital Corporation (RC)

Real Estate | REIT - Mortgage | New York, United States | NYSE
1.61 USD -0.04 (-2.424%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 1.62 +0.01 (0.609%) ⇧ (July 13, 2026, 7:51 p.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:★☆☆☆☆
Hot Take | July 11, 2026, 3:03 a.m. EDT

The investment case for Ready Capital is fundamentally broken. The company is reporting negative revenue and negative earnings, trading at a negative price-to-book ratio, which suggests the market has already priced in a complete loss of equity value. The balance sheet is precarious, with debt nearly 33 times the book value of equity. While the recent price action shows a slight bounce off the lows, the underlying business metrics—negative operating cash flow relative to debt service needs and a history of collapsing share prices over the last decade—make this a dangerous speculative vehicle rather than an investment. The options market confirms this fear, with traders aggressively buying insurance against further declines. Even though a private equity firm recently invested, the public equity remains a value trap where the fundamentals are deteriorating faster than the price can fall.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.114976
AutoARIMA0.148422
AutoETS0.148895
MSTL0.149408
MSTL_550.155114
MSTL_1260.173135
MSTL_55_1260.180473

Forecast horizon: 60 days | Selected: AutoTheta

Forecast Reliability
Score 39%
H-stat 0.32
Ljung-Box p 0.000
Jarque-Bera p 0.004
Excess Kurtosis 1.37
Attribute Value
Sector Real Estate
Ex Dividend Date 2026-06-29
Last Dividend Date 2026-06-29
Debt to Equity Ratio 324.322
Revenue per Share -1.451
Market Cap 266,517,904
Forward P/E -2.76
Beta 1.49
Website https://www.readycapital.com

As of July 11, 2026, 3:03 a.m. EDT: Speculators are overwhelmingly positioning for downside protection rather than upside participation. Put open interest significantly exceeds call open interest across all expirations, with deep out-of-the-money puts holding massive volume relative to their tiny premiums. This indicates a strong consensus among retail traders that the stock will trade lower, despite the presence of some speculative call buying at distant strikes.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.57% 4.88% 10.19% 11.62%
Dividend History
Date Dividend Yield %
2026-06-30 0.010 0.571429
2026-03-31 0.010 0.617284
2025-12-31 0.010 0.458716
2025-09-30 0.125 3.229974
2025-06-30 0.125 2.860412
2025-03-31 0.125 2.455796
2024-12-31 0.250 3.665689
2024-09-30 0.250 3.276540
2024-06-28 0.300 3.667482
2024-03-27 0.300 3.359462
2023-12-28 0.300 2.849003
2023-09-28 0.360 3.546798
2023-06-29 0.140 1.241135
2023-05-26 0.260 2.471483
2023-03-30 0.400 4.073320
2022-12-29 0.400 3.577817
2022-09-29 0.420 4.307692
2022-06-29 0.420 3.553300
2022-03-30 0.420 2.750491
2021-12-30 0.420 2.707930
2021-09-29 0.420 2.866894
2021-06-29 0.420 2.673456
2021-04-01 0.100 0.738007
2021-03-12 0.300 2.008032
2020-12-30 0.350 2.838605
2020-09-29 0.300 2.742230
2020-06-29 0.250 2.844141
2020-03-30 0.400 5.917160
2019-12-30 0.400 2.605863
2019-09-27 0.400 2.512563
2019-06-27 0.400 2.710027
2019-03-27 0.400 2.663116
2018-12-28 0.400 2.883922
2018-09-27 0.400 2.416919
2018-06-28 0.400 2.453988
2017-12-28 0.370 2.426230
2017-09-28 0.370 2.341772
2017-06-28 0.370 2.491582
2017-03-29 0.370 2.551724
2016-12-28 0.350 2.621723
2016-09-28 0.400 2.762431
2016-06-28 0.400 2.923977
2016-03-29 0.400 2.680965
2015-12-29 0.400 2.650762
2015-09-28 0.400 2.980626
2015-06-26 0.400 2.415459
2015-03-27 0.400 2.257336
2014-12-29 0.400 2.274019
2014-09-26 0.400 2.302821
2014-06-26 0.400 2.463054
2014-03-27 0.400 2.408188
2013-12-27 0.950 5.882353
2013-09-26 0.500 2.878526
2013-07-05 0.450 2.595156
2013-05-22 0.220 1.113924
Additional Data
dividendRate 0.04
dividendYield 2.42
exDividendDate 2026-06-30
trailingAnnualDividendRate 0.27
trailingAnnualDividendYield 0.16363637
lastDividendValue 0.01
lastDividendDate 2026-06-30
dividendDate 2026-07-31

Info Dump

Attribute Value
52 Week Change -0.62068963
Address1 1,251 Avenue of the Americas
Address2 50th Floor
All Time High 21.0
All Time Low 1.5
Ask 0.0
Ask Size 13,000
Audit Risk 5
Average Analyst Rating 3.2 - Hold
Average Daily Volume10 Day 1,425,920
Average Daily Volume3 Month 1,625,567
Average Volume 1,625,567
Average Volume10Days 1,425,920
Beta 1.485
Bid 0.0
Bid Size 10,700
Board Risk 8
Book Value 7.432
City New York
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 1.61
Current Ratio 4.963
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 1.68
Day Low 1.6
Debt To Equity 324.322
Display Name Ready Capital
Dividend Date 1,785,456,000
Dividend Rate 0.04
Dividend Yield 2.42
Earnings Call Timestamp End 1,778,243,400
Earnings Call Timestamp Start 1,778,243,400
Earnings Timestamp 1,778,184,000
Earnings Timestamp End 1,786,046,400
Earnings Timestamp Start 1,786,046,400
Ebitda Margins 0.0
Enterprise To Revenue -20.906
Enterprise Value 4,979,671,552
Eps Current Year -1.91
Eps Forward -0.5825
Eps Trailing Twelve Months -3.04
Esg Populated 0
Ex Dividend Date 1,782,777,600
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 1.7594
Fifty Day Average Change -0.1494
Fifty Day Average Change Percent -0.08491531
Fifty Two Week Change Percent -62.068962
Fifty Two Week High 4.58
Fifty Two Week High Change -2.9699998
Fifty Two Week High Change Percent -0.6484716
Fifty Two Week Low 1.5
Fifty Two Week Low Change 0.110000014
Fifty Two Week Low Change Percent 0.073333345
Fifty Two Week Range 1.5 - 4.58
Financial Currency USD
First Trade Date Milliseconds 1,360,333,800,000
Five Year Avg Dividend Yield 14.14
Float Shares 145,642,263
Forward Eps -0.5825
Forward P E -2.7639487
Full Exchange Name NYSE
Full Time Employees 400
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.0
Gross Profits -279,287,008
Has Pre Post Market Data 1
Held Percent Insiders 0.10582
Held Percent Institutions 0.60971
Implied Shares Outstanding 165,539,076
Industry REIT - Mortgage
Industry Disp REIT - Mortgage
Industry Key reit-mortgage
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,782,777,600
Last Dividend Value 0.01
Last Fiscal Year End 1,767,139,200
Long Business Summary Ready Capital Corporation operates as a real estate finance company in the United States. The company operates through two segments: LMM Commercial Real Estate and Small Business Lending. Its LMM Commercial Real Estate segment originates LLM loans across the full life-cycle of an LLM property, including construction, bridge, stabilized, and agency loan origination channels. The Small Business Lending segment acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program; and originates, and services USDA loans, as well as small business loans. The company originates, acquires, finances, and services lower-to-middle-market (LLM) commercial real estate loans, small business administration (SBA) loans, residential mortgage loans, construction loans, USDA loans, and mortgage-backed securities collateralized primarily by LLM loans, or other real estate-related investments. It has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Sutherland Asset Management Corporation and changed its name to Ready Capital Corporation in September 2018. Ready Capital Corporation was founded in 2007 and is headquartered in New York, New York.
Long Name Ready Capital Corporation
Market us_market
Market Cap 266,517,904
Market State PREPRE
Max Age 86,400
Message Board Id finmb_59235375
Most Recent Quarter 1,774,915,200
Net Income To Common -513,884,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 272,611,467
Number Of Analyst Opinions 2
Open 1.65
Operating Cashflow 913,836,992
Operating Margins 1.6265199
Overall Risk 8
Payout Ratio 0.9128
Peg Ratio 2.74
Phone 212 257 4600
Post Market Change 0.009799957
Post Market Change Percent 0.608693
Post Market Price 1.6198
Post Market Time 1,783,986,668
Previous Close 1.65
Price Eps Current Year -0.842932
Price Hint 4
Price To Book 0.21663079
Price To Sales Trailing12 Months -1.1188875
Profit Margins 0.0
Quick Ratio 4.04
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 3.16667
Region US
Regular Market Change -0.04
Regular Market Change Percent -2.42424
Regular Market Day High 1.68
Regular Market Day Low 1.6
Regular Market Day Range 1.6 - 1.68
Regular Market Open 1.65
Regular Market Previous Close 1.65
Regular Market Price 1.61
Regular Market Time 1,783,972,803
Regular Market Volume 939,900
Return On Assets -0.06118
Return On Equity -0.28491
Revenue Per Share -1.451
Sand P52 Week Change 0.20847368
Sector Real Estate
Sector Disp Real Estate
Sector Key real-estate
Share Holder Rights Risk 9
Shares Outstanding 165,219,071
Shares Percent Shares Out 0.1453
Shares Short 24,004,044
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 22,446,169
Short Name Ready Capital Corporation
Short Percent Of Float 0.14770001
Short Ratio 14.0
Source Interval 15
State NY
Symbol RC
Target High Price 2.0
Target Low Price 1.4
Target Mean Price 1.7
Target Median Price 1.7
Total Cash 205,338,000
Total Cash Per Share 1.243
Total Debt 4,698,455,040
Total Revenue -238,199,008
Tradeable 0
Trailing Annual Dividend Rate 0.27
Trailing Annual Dividend Yield 0.16363637
Trailing Eps -3.04
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.2075
Two Hundred Day Average Change -0.59749997
Two Hundred Day Average Change Percent -0.27066815
Type Disp Equity
Volume 939,900
Website https://www.readycapital.com
Zip 10,020