RCD
Ready Capital Corporation 9.00% Senior Notes due 2029RCD
RCD
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
0% more funds holding
Funds holding: 1 [Q4 2024] → 1 (+0) [Q1 2025]
0% more ownership
Funds ownership: 0.38% [Q4 2024] → 0.38% (+0%) [Q1 2025]
5% less capital invested
Capital invested by funds: $502K [Q4 2024] → $478K (-$24K) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for RCD.
Financial journalist opinion
Positive
Seeking Alpha
2 weeks ago
Ready Capital: Distress And Opportunity, Why I Bought The Series E Preferreds
I've been accumulating RC's 6.50% Series E Preferreds, amid a significant year-to-date selloff. They're trading for 62 cents on the dollar and offer a 10.5% dividend yield. RC common shares are down 40% year-to-date, while the E preferreds have dipped 16%. I think the selloff is overdone and the preferreds provide a compelling risk-to-reward profile at their current level.
Neutral
Seeking Alpha
3 months ago
Preferreds/Bond Weekly Review: Couple Of New Issues
We take a look at the action in preferreds and baby bonds through the first week of March and highlight some of the key themes we are watching. Most preferreds sectors declined due to rising Treasury yields and wider spreads, reflecting weaker risk sentiment and lower equity prices. PennyMac Mortgage Investment Trust issued a new 9% 2030 bond, trading at an 8.35% yield, offering a stable book value profile.
Negative
Seeking Alpha
3 months ago
RCD: A Baby Bond To Sell, Not To Buy
Ready Capital Corporation's 9.00% Senior Notes due 2029 carry high risk due to poor management and significant equity value destruction over the past decade. Despite the attractive 9% coupon, RCD's high duration and default risk make it an unfavorable investment compared to more stable alternatives. The company's common equity has plunged over 20% year-to-date, and a class action suit further questions management's competence and solvency.
Neutral
Seeking Alpha
3 months ago
8% Or Higher Yields Face Off
Six investments enter, six leave. This isn't a death match. All six have huge yields, but the valuations create some material differences. We've added three more baby bonds to our sector charts.
Negative
Seeking Alpha
5 months ago
RCD: A 9.00% Senior Note IPO From Ready Capital Corporation
Ready Capital Corporation's new senior notes trading under ticker RCD offer a 9.00% annual interest rate but face significant financial challenges, including inconsistent dividends and a high debt-to-equity ratio. The company's recent dividend cut and negative earnings-to-debt payments ratio raise concerns about its ability to cover debt obligations. Compared to other Ready Capital senior notes, RCD is fairly priced but not the best option due to its longer duration and associated risks.
Charts implemented using Lightweight Charts™