Currently, there are 168.53M common shares owned by the public and among those 166.33M shares have been available to trade.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The company’s stock has a 5-day price change of -24.33% and -31.30% over the past three months. RC shares are trading -25.66% year to date (YTD), with the 12-month market performance down to -40.28% lower. It has a 12-month low price of $6.39 and touched a high of $9.53 over the same period. RC has an average intraday trading volume of 2.02 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -23.83%, -25.59%, and -34.19% respectively.
Institutional ownership of Ready Capital Corp (NYSE: RC) shares accounts for 62.22% of the company’s 168.53M shares outstanding.
It has a market capitalization of $854.45M and a beta (3y monthly) value of 1.48. The earnings-per-share (ttm) stands at -$2.68. The company has a debt-to-equity ratio at 4.14. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.93% over the week and 3.34% over the month.
Earnings per share for the fiscal year are expected to increase by 919.82%, and 6.09% over the next financial year.
B. Riley Securities coverage for the Ready Capital Corp (RC) stock in a research note released on January 07, 2025 offered a Neutral rating with a price target of $10. Keefe Bruyette on their part issued Underperform rating on March 04, 2024.
