RC Ready Capital Corp

Price (delayed)

$5.01

Market cap

$817.39M

P/E Ratio

N/A

Dividend/share

$1.1

EPS

-$2.63

Enterprise value

$8.28B

Ready Capital Corporation is a multi-strategy real estate finance company that originates, acquires, finances and services small to medium balance commercial loans. Ready Capital specializes in loans backed by commercial ...

Highlights
The debt is down by 16% year-on-year and by 6% since the previous quarter
Ready Capital's revenue has shrunk by 142% QoQ and by 131% YoY
Ready Capital's gross profit has shrunk by 142% QoQ and by 131% YoY

Key stats

What are the main financial stats of RC
Market
Shares outstanding
163.15M
Market cap
$817.39M
Enterprise value
$8.28B
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
0.46
Price to sales (P/S)
N/A
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
N/A
Earnings
Revenue
-$194M
Gross profit
-$194M
Operating income
-$460.01M
Net income
-$443.75M
EBIT
-$554.4M
EBITDA
-$554.4M
Free cash flow
$274.82M
Per share
EPS
-$2.63
EPS diluted
-$2.63
Free cash flow per share
$1.63
Book value per share
$10.91
Revenue per share
-$1.15
TBVPS
$59.21
Balance sheet
Total assets
$10.14B
Total liabilities
$8.2B
Debt
$7.64B
Equity
$1.84B
Working capital
N/A
Liquidity
Debt to equity
4.16
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-13.47
Margins
EBITDA margin
N/A
Gross margin
N/A
Net margin
N/A
Operating margin
N/A
Efficiency
Return on assets
-4%
Return on equity
-20.6%
Return on invested capital
-2.9%
Return on capital employed
N/A
Return on sales
N/A
Dividend
Dividend yield
21.96%
DPS
$1.1
Payout ratio
N/A

RC stock price

How has the Ready Capital stock price performed over time
Intraday
-2.34%
1 week
1.21%
1 month
-25.11%
1 year
-42.94%
YTD
-26.54%
QTD
-26.54%

Financial performance

How have Ready Capital's revenue and profit performed over time
Revenue
-$194M
Gross profit
-$194M
Operating income
-$460.01M
Net income
-$443.75M
Gross margin
N/A
Net margin
N/A
Ready Capital's revenue has shrunk by 142% QoQ and by 131% YoY
Ready Capital's gross profit has shrunk by 142% QoQ and by 131% YoY

Growth

What is Ready Capital's growth rate over time

Valuation

What is Ready Capital stock price valuation
P/E
N/A
P/B
0.46
P/S
N/A
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
N/A
The P/B is 34% below the 5-year quarterly average of 0.7 and 23% below the last 4 quarters average of 0.6
The equity has declined by 28% year-on-year and by 18% since the previous quarter
Ready Capital's revenue has shrunk by 142% QoQ and by 131% YoY

Efficiency

How efficient is Ready Capital business performance
Ready Capital's return on invested capital has shrunk by 190% QoQ

Dividends

What is RC's dividend history
DPS
$1.1
Dividend yield
21.96%
Payout ratio
N/A
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Ready Capital financials performed over time
The total assets is 24% greater than the total liabilities
The total assets has declined by 18% year-on-year and by 10% since the previous quarter
RC's total liabilities is down by 16% year-on-year and by 8% since the previous quarter
The equity has declined by 28% year-on-year and by 18% since the previous quarter
The debt is down by 16% year-on-year and by 6% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified. Data from and Sharadar.