Is Ready Capital Corp (NYSE: RC) Proving The Doubters Wrong?

Ready Capital Corp (RC) concluded trading on Thursday at a closing price of $4.13, with 3.04 million shares of worth about $12.55 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -42.56% during that period and on May 22, 2025 the price saw a loss of about -0.24%. Currently the company’s common shares owned by public are about 172.51M shares, out of which, 168.14M shares are available for trading.

Stock saw a price change of -6.35% in past 5 days and over the past one month there was a price change of -7.40%. Year-to-date (YTD), RC shares are showing a performance of -39.44% which decreased to -51.86% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.92 but also hit the highest price of $9.53 during that period. The average intraday trading volume for Ready Capital Corp shares is 3.16 million. The stock is currently trading -5.50% below its 20-day simple moving average (SMA20), while that difference is down -10.50% for SMA50 and it goes to -37.14% lower than SMA200.

Ready Capital Corp (NYSE: RC) currently have 172.51M outstanding shares and institutions hold larger chunk of about 64.13% of that.

The stock has a current market capitalization of $704.19M and its 3Y-monthly beta is at 1.51. It has posted earnings per share of -$1.78 in the same period. It has a debt-to-equity ratio of 3.83. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RC, volatility over the week remained 2.60% while standing at 2.60% over the month.

Stock’s fiscal year EPS is expected to rise by 461.90% while it is estimated to increase by 41.54% in next year.

Coverage by B. Riley Securities stated Ready Capital Corp (RC) stock as a Neutral in their note to investors on January 07, 2025, suggesting a price target of $10 for the stock. Stock get an Underperform rating from Keefe Bruyette on March 04, 2024.

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