Ready Capital Corp RC

Morningstar Rating
$7.31 −0.07 (0.95%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

RC is trading at a 491% premium.
Price
$7.29
Fair Value
$3.84
Uncertainty
Very High
1-Star Price
$98.77
5-Star Price
$6.50
Economic Moat
Dkck
Capital Allocation

News

Trading Information

Previous Close Price
$7.38
Day Range
$7.237.46
52-Week Range
$7.2311.67
Bid/Ask
$7.30 / $7.33
Market Cap
$1.23 Bil
Volume/Avg
2.1 Mil / 1.8 Mil

Key Statistics

Price/Earnings (Normalized)
20.11
Price/Sales
14.71
Dividend Yield (Trailing)
15.73%
Dividend Yield (Forward)
15.73%
Total Yield
18.92%

Company Profile

Ready Capital Corp is a real estate finance company. It acquires, manages, originates, and finances small-balance commercial loans to purchase small multi-family, office, retail, mixed-use, or warehouse properties. The company's segments consist of LMM Commercial Real Estate and Small Business Lending. It generates the majority of its revenue from LMM Commercial Real Estate.
Sector
Real Estate
Industry
REIT - Mortgage
Stock Style Box
Small Value
Total Number of Employees
374

Comparables

Valuation

Metric
RC
GOOD
CMTG
Price/Earnings (Normalized)
20.11894.15
Price/Book Value
0.564.520.44
Price/Sales
14.714.434.31
Price/Cash Flow
5.4310.417.22
Price/Earnings
RC
GOOD
CMTG

Financial Strength

Metric
RC
GOOD
CMTG
Quick Ratio
0.08
Current Ratio
0.19
Interest Coverage
1.30
Quick Ratio
RC
GOOD
CMTG

Profitability

Metric
RC
GOOD
CMTG
Return on Assets (Normalized)
0.33%2.52%−0.99%
Return on Equity (Normalized)
1.73%17.84%−3.45%
Return on Invested Capital (Normalized)
6.53%
Return on Assets
RC
GOOD
CMTG

REIT - Mortgage Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Annaly Capital Management Inc
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AGNC Investment Corp
AGNC
Bycb$8.1 Bil
Starwood Property Trust Inc
STWD
Prvh$6.7 Bil
Rithm Capital Corp
RITM
Wwd$5.6 Bil
Blackstone Mortgage Trust Inc A
BXMT
Qwkpp$3.1 Bil
Arbor Realty Trust Inc
ABR
Mnrw$2.8 Bil
Ladder Capital Corp Class A
LADR
Fnfn$1.5 Bil
Two Harbors Investment Corp
TWO
Wmhln$1.4 Bil
MFA Financial Inc
MFA
Frhq$1.2 Bil
PennyMac Mortgage Investment Trust
PMT
Tty$1.2 Bil

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