Analysts’ Weekly Ratings Changes for Ready Capital (RC)

A number of firms have modified their ratings and price targets on shares of Ready Capital (NYSE: RC) recently:

• 3/14/2025 – Ready Capital had its price target lowered by analysts at UBS Group AG from $7.00 to $5.00. They now have a “neutral” rating on the stock.
• 3/5/2025 – Ready Capital had its price target lowered by analysts at Keefe, Bruyette & Woods from $6.25 to $4.00. They now have an “underperform” rating on the stock.
• 3/4/2025 – Ready Capital had its “neutral” rating reaffirmed by analysts at Wedbush. They now have a $6.00 price target on the stock, down previously from $8.00.
• 3/3/2025 – Ready Capital was downgraded by analysts at Citizens Jmp from an “outperform” rating to a “market perform” rating.

Ready Capital Stock Performance

NYSE:RC opened at $5.08 on Wednesday. The stock has a 50-day simple moving average of $6.35 and a two-hundred day simple moving average of $6.99. Ready Capital Co. has a 52-week low of $4.74 and a 52-week high of $9.54. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.67 and a current ratio of 1.67. The firm has a market capitalization of $828.15 million, a PE ratio of -7.25 and a beta of 1.43.

Ready Capital Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be given a $0.125 dividend. The ex-dividend date is Monday, March 31st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 9.85%. Ready Capital’s dividend payout ratio is currently -18.94%.

Insider Buying and Selling

In related news, insider Adam Zausmer acquired 10,000 shares of the firm’s stock in a transaction on Friday, March 7th. The shares were acquired at an average cost of $5.42 per share, for a total transaction of $54,200.00. Following the completion of the transaction, the insider now directly owns 301,105 shares in the company, valued at approximately $1,631,989.10. This trade represents a 3.44 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.09% of the stock is owned by company insiders.

Institutional Investors Weigh In On Ready Capital

Several hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. grew its stake in Ready Capital by 7.3% in the fourth quarter. Vanguard Group Inc. now owns 11,366,828 shares of the real estate investment trust’s stock worth $77,522,000 after purchasing an additional 768,891 shares in the last quarter. Hudson Bay Capital Management LP bought a new position in Ready Capital in the fourth quarter worth approximately $4,393,000. Charles Schwab Investment Management Inc. grew its stake in Ready Capital by 21.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,266,585 shares of the real estate investment trust’s stock worth $15,458,000 after purchasing an additional 398,005 shares in the last quarter. Marshall Wace LLP boosted its position in Ready Capital by 3,049.5% during the 4th quarter. Marshall Wace LLP now owns 392,559 shares of the real estate investment trust’s stock valued at $2,677,000 after acquiring an additional 380,095 shares in the last quarter. Finally, GraniteShares Advisors LLC bought a new stake in Ready Capital during the 4th quarter valued at $2,480,000. 55.87% of the stock is currently owned by hedge funds and other institutional investors.

Ready Capital Corporation operates as a real estate finance company in the United States. It operates through two segments: LMM Commercial Real Estate and Small Business Lending. The company originates, acquires, finances, and services lower-to-middle-market (LLM) commercial real estate loans, small business administration (SBA) loans, residential mortgage loans, construction loans, and mortgage-backed securities collateralized primarily by LLM loans, or other real estate-related investments.