B. Riley Has Negative Forecast for Ready Capital Q3 Earnings

Ready Capital Corp (NYSE:RC) – Analysts at B. Riley cut their Q3 2025 earnings per share (EPS) estimates for shares of Ready Capital in a research note issued on Monday, August 11th. B. Riley analyst R. Binner now expects that the real estate investment trust will post earnings of ($0.21) per share for the quarter, down from their prior forecast of $0.08. B. Riley has a “Neutral” rating and a $4.00 price objective on the stock. The consensus estimate for Ready Capital’s current full-year earnings is $0.93 per share. B. Riley also issued estimates for Ready Capital’s Q4 2025 earnings at ($0.05) EPS, FY2025 earnings at ($0.50) EPS and FY2026 earnings at $0.30 EPS.

Other analysts also recently issued reports about the company. UBS Group reduced their target price on Ready Capital from $4.75 to $4.50 and set a “neutral” rating for the company in a report on Wednesday, May 21st. Keefe, Bruyette & Woods reduced their target price on Ready Capital from $4.25 to $3.75 and set an “underperform” rating for the company in a report on Tuesday. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $5.96.

Ready Capital Stock Down 1.7%

Shares of NYSE RC opened at $3.86 on Thursday. Ready Capital has a 1 year low of $3.77 and a 1 year high of $8.64. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.61 and a quick ratio of 1.78. The company has a market capitalization of $633.49 million, a price-to-earnings ratio of -2.08 and a beta of 1.47. The business has a 50-day moving average of $4.36 and a two-hundred day moving average of $4.88.

Ready Capital (NYSE:RC) last announced its quarterly earnings results on Thursday, August 7th. The real estate investment trust reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.13). The business had revenue of ($9.77) million for the quarter, compared to analysts’ expectations of $167.26 million. Ready Capital had a positive return on equity of 3.76% and a negative net margin of 40.59%.

Ready Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Monday, June 30th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $0.50 annualized dividend and a yield of 13.0%. Ready Capital’s dividend payout ratio is currently -27.03%.

Institutional Trading of Ready Capital

Several institutional investors and hedge funds have recently added to or reduced their stakes in RC. Private Management Group Inc. purchased a new stake in Ready Capital during the 1st quarter valued at approximately $8,235,000. Marshall Wace LLP purchased a new stake in Ready Capital during the 2nd quarter valued at approximately $6,542,000. Nexpoint Asset Management L.P. purchased a new stake in Ready Capital during the 1st quarter valued at approximately $4,444,000. Hudson Bay Capital Management LP purchased a new stake in Ready Capital during the 4th quarter valued at approximately $4,393,000. Finally, Invesco Ltd. raised its stake in Ready Capital by 16.1% during the 1st quarter. Invesco Ltd. now owns 3,618,181 shares of the real estate investment trust’s stock valued at $18,417,000 after acquiring an additional 502,162 shares during the last quarter. 55.87% of the stock is owned by hedge funds and other institutional investors.

Ready Capital Company Profile

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.