RC

Ready Capital Corp

RC.US readycapital.com
1.64
-0.02 (-1.20%)
USD · NYSE
52-week range
1.39
4.22
Trading at 9% of the 52-week range
Market Cap
274.75M
P/E Ratio
0.00
Forward P/E
7.05
Book Value
6.83
Div. Yield
9.17%
% Institutions
59.10%
% Insiders
10.58%

1 Year

-59.5%

3 Year

-79.3%

10 Year

-63.3%
Description

Ready Capital Corporation operates as a real estate finance company in the United States. The company operates through two segments: LMM Commercial Real Estate and Small Business Lending. Its LMM Commercial Real Estate segment originates LLM loans across the full life-cycle of an LLM property, including construction, bridge, stabilized, and agency loan origination channels. The Small Business Lending segment acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program; and originates, and services USDA loans, as well as small business loans. 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, USDA loans, and mortgage-backed securities collateralized primarily by LLM loans, or other real estate-related investments. It has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Sutherland Asset Management Corporation and changed its name to Ready Capital Corporation in September 2018. Ready Capital Corporation was founded in 2007 and is headquartered in New York, New York.

Company Information

Company Name
Ready Capital Corp
Sector
Real Estate
Industry
REIT - Mortgage
Exchange
NYSE
ISIN: US75574U1016
CIK: 0001527590
CUSIP: 98886K108
Currency: USD
Full Time Employees: 442
Phone: 212 257 4600
Fiscal Year End: December
IPO Date: Feb 08, 2013
Description:

Ready Capital Corporation operates as a real estate finance company in the United States. The company operates through two segments: LMM Commercial Real Estate and Small Business Lending. Its LMM Commercial Real Estate segment originates LLM loans across the full life-cycle of an LLM property, including construction, bridge, stabilized, and agency loan origination channels. The Small Business Lending segment acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program; and originates, and services USDA loans, as well as small business loans. 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, USDA loans, and mortgage-backed securities collateralized primarily by LLM loans, or other real estate-related investments. It has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Sutherland Asset Management Corporation and changed its name to Ready Capital Corporation in September 2018. Ready Capital Corporation was founded in 2007 and is headquartered in New York, New York.

Address:

1251 Avenue of the Americas, New York, NY, United States, 10020

People

Directors & Officers

Name Title Year Born
Mr. Andrew Ahlborn CPA CFO & Secretary 1985
Mr. Thomas Edward Capasse Chairman, CEO & Chief Investment Officer 1957
Mr. Jack Jay Ross CPA President & Director 1957
Mr. Matthew Cohen Head of Operations & CTO NA
Ms. Sue Ianieri Head of Marketing NA
Mr. Thomas Warren, Jr. Head of Human Resources NA
Mr. Alex Ovalle MD & Head of Construction Lending and Syndications NA
Mr. Garrett Thelander Managing Director & Head of Workouts NA
Mr. John Sokolovic Managing Director & CEO of Affordable Multifamily 1963
Ms. Jacqueline Schorr Chief Financial Officer of RCL NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Mar 06, 2026 Gilbert E Nathan N/A Purchase 30.00K $1.95 $58.50K
Mar 05, 2026 Gilbert E Nathan N/A Purchase 10.00K $2.02 $20.20K

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 14.50M Mar 31, 2026 8.78% $0.00 -1.80%
UBS Group AG 11.29M Mar 31, 2026 6.83% $0.00 257.70%
Private Management Group Inc 7.24M Mar 31, 2026 4.38% $0.34 50.70%
Vanguard Capital Management, LLC 6.51M Mar 31, 2026 3.94% $0.00 0.00%
Mason Capital Management LLC 4.32M Jun 30, 2026 2.62% $1.25 0.00%
Waterfall Asset Management, LLC 3.91M Jun 30, 2026 2.37% $4.19 0.00%
Geode Capital Management, LLC 3.74M Mar 31, 2026 2.27% $0.00 0.44%
State Street Corp 3.39M Mar 31, 2026 2.05% $0.00 -13.10%
Charles Schwab Investment Management Inc 3.23M Mar 31, 2026 1.96% $0.00 -0.50%
Jane Street Group LLC 2.53M Mar 31, 2026 1.53% $0.00 -37.92%
The Goldman Sachs Group Inc 2.08M Mar 31, 2026 1.26% $0.00 169.84%
Marshall Wace Asset Management Ltd 1.80M Mar 31, 2026 1.09% $0.00 48.80%
Morgan Stanley - Brokerage Accounts 1.70M Mar 31, 2026 1.03% $0.00 -30.61%
AQR Capital Management LLC 1.63M Mar 31, 2026 0.99% $0.00 2,022.28%
Northern Trust Corp 1.47M Mar 31, 2026 0.89% $0.00 -2.84%
Qube Research & Technologies 1.39M Mar 31, 2026 0.84% $0.00 19.96%
Ramsey Quantitative Systems Inc 1.25M Jun 30, 2026 0.76% $1.96 0.00%
Tudor Investment Corp Et AL 1.22M Mar 31, 2026 0.74% $0.00 25.58%
XTX Topco Ltd 1.20M Mar 31, 2026 0.73% $0.03 230.02%
Vanguard Portfolio Management, LLC 1.11M Mar 31, 2026 0.67% $0.00 0.00%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Vanguard MStar Total Stk Mkt Idx Invest 4.57M 2.77% ▲ 0.00% Jul 31, 2026
2 iShares Russell 2000 ETF 3.72M 2.25% ▼ 0.57% Aug 31, 2026
3 iShares Mortgage Real Estate Capped ETF 1.80M 1.09% ▲ 0.00% Aug 31, 2026
4 Vanguard Institutional Extnd Mkt Idx Tr 1.77M 1.07% ▲ 0.00% Jul 31, 2026
5 Fidelity Small Cap Index 1.60M 0.97% ▲ 7.41% Jun 30, 2026
6 Schwab Fundamental U.S. Small CompanyETF 1.36M 0.82% ▲ 0.00% Aug 29, 2026
7 iShares Russell 2000 Value ETF 1.31M 0.79% ▼ 0.23% Aug 31, 2026
8 State St Russell Sm/Mid Cp® Indx SL Cl I 962.26K 0.58% ▲ 0.00% Jul 31, 2026
9 Russell 2000 Equity Index Fund B 908.27K 0.55% ▼ 0.19% Jun 30, 2026
10 Russell 2000 Index Non-Lendable Fund 908.27K 0.55% ▼ 0.19% Jun 30, 2026

Financial Highlights

Market Cap: $274.75M
PEG Ratio: $2.74
Book Value: $6.83
Dividend/Share: $0.16
Dividend Yield: 9.17%
Earnings/Share: $-3.43
Profit Margin: 0.00%
Operating Margin: 349.97%
ROA (TTM): -7.05%
ROE (TTM): -33.45%
Revenue (TTM): $-270.31M
Revenue/Share (TTM): $-1.65
Earnings Growth (YOY): 305.30%
Revenue Growth (YOY): 1.00%

Valuation Metrics

Enterprise Value: $5.11B
Trailing P/E: 0.00
Forward P/E: 7.05

Shares Statistics

Shares Outstanding: 165.19M
Shares Float: 145.61M
% Insiders: 10.58%
% Institutions: 59.10%
Short % Float: 11.27%

Stock Price History

1 Year Price History

3 Years Price History

10 Years Price History

Financial Charts

Revenue, Net Income & Operating Cash Flow (Yearly)

Revenue, Net Income & Operating Cash Flow (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$499.47M
Cost of Goods Sold
adjust
$-61.61M
Gross Profit
subtotal
$437.87M
SG&A
adjust
$-107.41M
Other Operating Expense
adjust
$-209.49M
Operating Income
subtotal
$120.96M
Other / Non-Operating Items
adjust
$-349.88M
Net Income
subtotal
$-228.92M

Earnings Per Share (EPS) History

Financial Ratios

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