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RCReady Capital Corporation
$0.85$141M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
RC logo

Ready Capital Corporation

RC
NYSE · Mortgage REITs
$0.85
At close - Nov 6, 4:00 PM EST - USD
Market Cap$141M
P/E-0.2x
52W High$2.98
Volume7.56M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Halved Balance Sheet Masks Dividend Distress Signal

Ready Capital's balance sheet has contracted roughly 47% over ten quarters, with total assets falling to $6.3B from $12.0B and equity halving to $1.2B, pushing debt-to-equity to 3.45 despite debt reduction to $4.7B.

GrowthMixed
ProfitabilityWeak
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

RC price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

4/12 Beats

EPS beat 4 of last 12 quarters

02

Valuation risk

-102% Peers

P/E is 102% below peer median

03

Market leadership

RS 10 · Lag

Laggard (Underperforming 90% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Feb 5

Market performance

Price History →

Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
RC-58.80%
S&P 500 (^GSPC)+7.63%
1-Year Return
RC-70.18%
S&P 500 (^GSPC)+9.69%
3-Year Return
RC-73.17%
S&P 500 (^GSPC)+61.58%
5-Year Return
RC-63.08%
S&P 500 (^GSPC)+52.57%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
-0.2x
Forward P/E
N/A
EV/EBITDA
N/A
FCF YieldCash Flow
390.9%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-0.2x
7.4x
0th· Low
EV/EBITDA
N/A
21.6x
N/A
Price/FCF
0.3x
46.1x
0th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$499M+1726.0% YoY
Net income FY25
-$229M+47.5% YoY
Free cash flow FY25
-$203M-297.3% YoY
Operating margin FY25
24.2%
ROIC (FY25)1.2%
Avg ROIC 5Y1.2%
ROE (TTM)-42.2%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate4/12 (33%)
Revenue Beat Rate6/12 (50%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Nov 5, 2026
-$0.53-25.7%
vs -$0.42
$25M+9.6%
vs $23M
Q3 2026
Aug 6, 2026
-$0.47+2.5%
vs -$0.48
$14M-184.3%
vs $16M
Q2 2026
May 7, 2026
-$1.00-400.0%
vs -$0.20
$63M-191.9%
vs $69M
Q1 2026
Feb 26, 2026
-$0.43-290.9%
vs -$0.11
$14M-116.8%
vs $84M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Seeking Alpha·1d ago
Ready Capital Corporation (RC) Q3 2026 Earnings Call Transcript

Ready Capital Corporation ( RC ) Q3 2026 Earnings Call November 6, 2026 8:30 AM EST Company Participants Andrew Ahlborn - CFO & Secretary Thomas Capasse - Chairman, CEO & Chief Investment Officer Dominick D. Scali - Chief Credit Officer, MD & Co-Head of Bridge Lending Conference Call Participants Christopher Nolan - Ladenburg Thalmann & Co. Inc., Research Division Jade Rahmani - Keefe, Bruyette, & Woods, Inc., Research Division Christopher Muller - Citizens JMP Securities, LLC, Research Division Gabriel Poggi - Raymond James & Associates, Inc., Research Division Presentation Operator Greetings, and welcome to the Ready Capital Third Quarter 2026 Earnings Call.

Zacks Investment Research·2d ago
Compared to Estimates, Ready Capital (RC) Q3 Earnings: A Look at Key Metrics

The headline numbers for Ready Capital (RC) give insight into how the company performed in the quarter ended September 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

GlobeNewsWire·2d ago
Ready Capital Corporation Reports Third Quarter 2026 Results

NEW YORK, Nov. 05, 2026 (GLOBE NEWSWIRE) -- Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services lower-to-middle-market (“LMM”) investor and owner-occupied commercial real estate loans, today reported financial results for the quarter ended September 30, 2026.

Seeking Alpha·2d ago
Bristol Gate Canadian Equity Strategy Q3 2026 Investor Letter

During the third quarter, the Canadian Equity Strategy lagged the S&P/TSX Composite Total Return Index in a market led by a handful of large stocks. The index's gain came from very few places. Sector allocation and stock selection detracted in roughly equal measure.

Filtered for Ready Capital CorporationMore Headlines
04

Compare before deciding

Benchmark RC against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Ready Capital Corporation (RC)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
RC logoRCReady Capital CorporationCurrent
$0.85$140.72M-0.241725.96%-228.91%-42.2%79.55%
ACRE logoACREAres Commercial Real Estate Corporation
$3.65$202.51M214.7122.54%1.13%0.19%19.47%
BXMT logoBXMTBlackstone Mortgage Trust, Inc.
$11.16$1.88B-5.00-13.96%-24.87%-11.52%16.92%
TRTX logoTRTXTPG RE Finance Trust, Inc.
$6.75$518.19M11.37-5.23%13.13%4.33%14.64%
GPMT logoGPMTGranite Point Mortgage Trust Inc.
$3.34$16.1M-0.11-25.45%-131.14%-28.29%64.86%
KREF logoKREFKKR Real Estate Finance Trust Inc.
$5.66$363.94M-1.63-22.72%-52.69%-18.4%17.68%

Compare RC vs Peers

Ready Capital Corporation (RC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ACRE

Most directly comparable listed peer for RC.

Scale Benchmark

vs CBRE

Larger-name benchmark to compare RC against a more recognizable public peer.

Peer Set

Compare Top 5

vs ACRE, BXMT, TRTX, GPMT

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

RC SEC Filings & Documents

Ready Capital Corporation (RC) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 6, 2026·SEC

Material company update

Jul 23, 2026·SEC

Material company update

May 7, 2026·SEC

10-K Annual Reports

4
FY 2026

Mar 2, 2026·SEC

FY 2025

Mar 3, 2025·SEC

FY 2024

Feb 28, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 7, 2026·SEC

FY 2026

May 8, 2026·SEC

FY 2025

Nov 7, 2025·SEC

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RC Frequently Asked Questions

Ready Capital Corporation (RC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Ready Capital Corporation's revenue?

Ready Capital Corporation (RC) reported $263.7M in revenue over the trailing twelve months. Revenue was $499.5M in fiscal year 2025. That is 1943% more than the $24.4M of fiscal year 2012.

How fast is Ready Capital Corporation growing?

Ready Capital Corporation (RC) grew revenue by 84.6% over the trailing twelve months, compared with the twelve months before.

Is RC profitable?

No. Ready Capital Corporation (RC) reported a net loss of $603.6M over the trailing twelve months.

Dividend & Returns
Does RC pay dividends?

Yes. Ready Capital Corporation (RC) pays a dividend that yields 79.55% at the current price, a high yield.

What is RC's return on equity?

Ready Capital Corporation (RC) had a return on equity (ROE) of -42.2% over the trailing twelve months. A negative ROE means the company lost money over the period.

Industry Metrics
What is Ready Capital Corporation's FFO?

Ready Capital Corporation (RC) generated Funds From Operations (FFO) of $-597.1M in the trailing twelve months. FFO is the primary profitability metric for REITs.

Is RC a good dividend stock?

Ready Capital Corporation (RC) offers a 79.55% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

What if you invested $1,000 in RC back in 2012?

Total return calculator · dividends reinvested · 14+ years of data

See returns →