Ready Capital (RC)

• Market cap: $772M
• 1 day: 2.72%
• 5 days: 6.59%
• 1 month: 7.86%
• 3 months: -33.87%
• 6 months: -37.00%
• Year to date: -34.16%
• 1 year: -47.69%
• 5 years: -20.53%
• 10 years: -64.39%
• Sector: Real Estate
• Industry: Mortgage REIT

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 disclosures by fund managers ($100M+ AUM)

13% more repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 86

9% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 34

0.79% more ownership

Funds ownership: 58.78% [Q3] → 59.57% (+0.79%) [Q4]

0% less funds holding

Funds holding: 273 [Q3] → 272 (-1) [Q4]

9% less capital invested

Capital invested by funds: $755M [Q3] → $687M (-$68.5M) [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: $3.75 17% downside
• Avg. target: $4.25 6% downside
• High target: $4.75 5% upside

2 analyst ratings

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

Keefe, Bruyette & Woods Jade Rahmani 83% 1-year accuracy 5 / 6 met price target	17% downside $3.75	Underperform Maintained	13 May 2025
UBS Douglas Harter 66% 1-year accuracy 23 / 35 met price target	5% upside $4.75	Neutral Maintained	16 Apr 2025