Ready Capital (RC)

• Market cap: $826M
• 1 day: -0.20%
• 5 days: -0.78%
• 1 month: -23.10%
• 3 months: -32.08%
• 6 months: -34.37%
• Year to date: -26.45%
• 1 year: -43.21%
• 5 years: -52.89%
• 10 years: -60.22%
• Sector: Financials
• Industry: Real Estate Investment Trusts

About: Ready Capital Corp is a real estate finance company. It acquires, manages, originates, and finances small-balance commercial loans to purchase small multi-family, office, retail, mixed-use, or warehouse properties. The company's segments consist of LMM Commercial Real Estate and Small Business Lending. It generates the majority of its revenue from LMM Commercial Real Estate.

Employees: 475

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

13% more repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 86

12% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 33

0.6% more ownership

Funds ownership: 58.98% [Q3] → 59.58% (+0.6%) [Q4]

0% more funds holding

Funds holding: 273 [Q3] → 273 (+0) [Q4]

9% less capital invested

Capital invested by funds: $758M [Q3] → $687M (-$70.8M) [Q4]

20% less funds holding in top 10

Funds holding in top 10: 5 [Q3] → 4 (-1) [Q4]

45% less call options, than puts

Call options by funds: $2.58M | Put options by funds: $4.65M

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $4 21% downside
• Avg. target: $7 38% upside
• High target: $10 98% upside

2 analyst ratings

• positive: 0 0%
• neutral: 1 50%
• negative: 1 50%

Keefe, Bruyette & Woods Jade Rahmani 44% 1-year accuracy 15 / 34 met price target	21% downside $4	Underperform Maintained	5 Mar 2025
B. Riley Securities Matt Howlett 40% 1-year accuracy 6 / 15 met price target	98% upside $10	Neutral Downgraded	7 Jan 2025