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Financials
| Curr Year EPS Estimate | 1.55 |
| Next Quarter EPS Estimate | 0.37 |
| Profit Margin | 0.11 |
| Return on Assets | 0.01 |
| Return on Equity | 0.05 |
| Revenue | 394,328,000 |
| Earnings Per Share | 0.81 |
| Revenue Per Share | 7.34 |
| Gross Profit | 248,962,000 |
| Quarterly Revenue Growth | 0.61 |
General
| Name | Ready Capital Corporation |
| Ticker | RC |
| Exchange | NYSE |
| Sector | Real Estate |
| Industry | REIT-Mortgage |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 500 |
About Ready Capital Corporation
Ready Capital Corporation operates as a real estate finance company in the United States. The company originates, acquires, finances, and services small balance commercial (SBC) loans, small business administration (SBA) loans, and residential mortgage loans, as well as mortgage backed securities collateralized primarily by SBC loans, or other real estate-related investments. It operates through four segments: Acquisitions; SBC Originations; SBA Originations, Acquisitions and Servicing; and Residential Mortgage Banking. The Acquisitions segment acquires performing and non-performing SBC loans. The SBC Originations segment originates SBC loans secured by stabilized or transitional investor properties using various loan origination channels; and originates and services multi-family loan products. The SBA Originations, Acquisitions and Servicing segment acquires, originates, and services owner-occupied loans guaranteed by the SBA. The Residential Mortgage Banking segment originates residential mortgage loans through retail, correspondent, and broker channels. The company qualifies as a real estate investment trust for federal income tax purposes. It generally 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.
Dividend
Ready Capital Corporation pays out a dividend of $1.30 per share, with a dividend yield of 12.19%.
RC's last dividend payment was made to shareholders on March 18, 2021.
They pay out 67.04% of their earnings out as a dividend.
Recent Dividends
| Apr 30, 2024 | $0.30 |
| Jan 31, 2024 | $0.30 |
| Oct 31, 2023 | $0.36 |
| Jul 31, 2023 | $0.14 |
| Jun 15, 2023 | $0.26 |
| Apr 28, 2023 | $0.40 |
| Jan 31, 2023 | $0.40 |
| Oct 31, 2022 | $0.42 |
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