Stock RC READY CAPITAL CORPORATION
Add to a list
To use this feature you must be a member
Log inSign up

Company Ready Capital Corporation

Equities

RC

US75574U1016

Specialized REITs

Real-time Estimate Cboe BZX
Other stock markets
 02:32:41 2024-05-08 pm EDT 		5-day change 1st Jan Change
8.575 USD -1.21% Intraday chart for Ready Capital Corporation -1.38% -16.59%
Apr. 17 BTIG Adjusts Ready Capital's Price Target to $10 From $12, Keeps Buy Rating MT
Mar. 20 UBS Adjusts Ready Capital Price Target to $9.50 From $10.50, Maintains Neutral Rating MT

Business Summary

Ready Capital Corporation is a multi-strategy real estate finance company that originates, acquires, finances and services small- to medium-sized balance commercial loans. Its segments include LMM Commercial Real Estate and Small Business Lending. The LMM Commercial Real Estate segment originates lower-to-middle-market commercial real estate (LMM) loans across the full life cycle of an LMM property including construction, bridge, stabilized and agency loan origination channels through its wholly owned subsidiary, ReadyCap Commercial, LLC. These originated loans are generally held-for-investment or placed into securitization structures. As part of this segment, it originates and services multi-family loan products under the Freddie Mac SBL program. The Small Business Lending segment acquires, originates and services owner-occupied loans guaranteed by the Small Business Administration (SBA) under its SBA Section 7(a) Program through its wholly owned subsidiary, ReadyCap Lending, LLC.

Number of employees: 374

Sales per Business

USD in Million2022Weight2023Weight Delta
Lower-to-middle-market Commercial Real Estate
68.8 %
633 73.3 % 925 68.8 % +46.16%
Corporate - Other
15.7 %
1 0.1 % 210 15.7 % +25,253.61%
Small Business Lending
15.6 %
163 18.9 % 209 15.6 % +28.65%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
863 100.0 % 1,345 100.0 % +55.85%

Managers

Managers TitleAgeSince
Tom Capasse CEO
 Chief Executive Officer 67 -
Andrew Ahlborn DFI
 Director of Finance/CFO 40 14-12-31
Jack Ross PSD
 President 67 -
Gary Taylor COO
 Chief Operating Officer 65 19-04-02
David Kwitman PRN
 Corporate Officer/Principal - -
Richard Katzenstein PRN
 Corporate Officer/Principal - 21-12-05
Alex Ovalle SAM
 Sales & Marketing - 21-12-05
Adam Zausmer PRN
 Corporate Officer/Principal 46 21-07-14

Members of the board

Members of the board TitleAgeSince
Frank Filipps BRD
 Director/Board Member 77 13-12-31
Kevin Luebbers BRD
 Director/Board Member 57 23-05-30
Dominique Mielle BRD
 Director/Board Member 55 21-03-18
Jack Ross PSD
 President 67 -
Tom Capasse CEO
 Chief Executive Officer 67 -
Daniel Hirsch BRD
 Director/Board Member 50 23-05-30
Gil Nathan BRD
 Director/Board Member 44 19-03-28
J. Reese BRD
 Director/Board Member 65 -
Andrea Petro BRD
 Director/Board Member 72 20-06-30
Todd Sinai BRD
 Director/Board Member 54 15-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 4,600,000 0 0 98.94 %
Stock B 1 168,871,689 167,078,214 ( 98.94 %) 0
Stock C 0 335,000 0 0

Shareholders

NameEquities%Valuation
BlackRock Advisors LLC
15.37 %
26,529,786 15.37 % 242 M $
Vanguard Fiduciary Trust Co.
6.470 %
11,163,763 6.470 % 102 M $
Waterfall Asset Management LLC
4.247 %
7,329,222 4.247 % 67 M $
STATE STREET CORPORATION
3.514 %
6,062,913 3.514 % 55 M $
Waterfall Asset Management LLC
2.265 %
3,908,984 2.265 % 36 M $
Geode Capital Management LLC
2.006 %
3,461,119 2.006 % 32 M $
Invesco Advisers, Inc.
1.512 %
2,608,464 1.512 % 24 M $
Northern Trust Global Investments Ltd.
0.9540 %
1,646,191 0.9540 % 15 M $
Morgan Stanley Investment Management, Inc.
0.8536 %
1,472,940 0.8536 % 13 M $
Ramsey Quantitative Systems, Inc.
0.7753 %
1,337,778 0.7753 % 12 M $
NameEquities%Valuation
Wells Fargo Clearing Services LLC
181.88 %
608,727 181.88 % 12 M $
Merrill Lynch, Pierce, Fenner & Smith, Inc.
64.33 %
215,309 64.33 % 4 M $
UBS Securities LLC
0.7766 %
2,599 0.7766 % 49 511 $
Bartlett & Co. Wealth Management LLC
0.5378 %
1,800 0.5378 % 34 290 $
Boyd Watterson Asset Management LLC
0.0508 %
170 0.0508 % 3 239 $
NameEquities%Valuation
Holbrook Holdings, Inc.
20.48 %
941,916 20.48 % 17 M $

Company contact information

Ready Capital Corp.

1251 Avenue of the Americas 50th floor

10020-1104, New York

+212 257 4600

http://www.readycapital.com
address Ready Capital Corporation(RC)

Group companies

NameCategory and Sector
GMFS LLC
Logo GMFS LLC

GMFS LLC

Finance/Rental/LeasingFinance

GMFS LLC provides mortgage lending services. It offers home purchase, refinance, reverse mortgage and broker channel services. The firm also provides FNMA and freddie seller Services. The company was founded in 1999 and is headquartered in Baton Rouge, LA.

Finance/Rental/Leasing

Sector

Real Estate
Real Estate
Residential & Commercial REITs
Specialized REITs
Mortgage REITs

Sales per Business

Ratings for Ready Capital Corporation

Trading Rating
Investor Rating
ESG Refinitiv
D+
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
8.68 USD
Average target price
10.21 USD
Spread / Average Target
+17.68%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Mortgage REITs

1st Jan change Capi.
READY CAPITAL CORPORATION Stock Ready Capital Corporation
-15.32% 1.5B
ANNALY CAPITAL MANAGEMENT, INC. Stock Annaly Capital Management, Inc.
+1.39% 9.83B
AGNC INVESTMENT CORP. Stock AGNC Investment Corp.
-2.96% 6.86B
STARWOOD PROPERTY TRUST, INC. Stock Starwood Property Trust, Inc.
-6.99% 6.14B
RITHM CAPITAL CORP. Stock Rithm Capital Corp.
+5.90% 5.47B
BLACKSTONE MORTGAGE TRUST, INC. Stock Blackstone Mortgage Trust, Inc.
-15.80% 3.15B
ARBOR REALTY TRUST, INC. Stock Arbor Realty Trust, Inc.
-11.33% 2.54B
APOLLO COMMERCIAL REAL ESTATE FINANCE, INC. Stock Apollo Commercial Real Estate Finance, Inc.
-14.82% 1.42B
LADDER CAPITAL CORP Stock Ladder Capital Corp
-4.34% 1.41B
TWO HARBORS INVESTMENT CORP. Stock Two Harbors Investment Corp.
-6.68% 1.35B
Mortgage REITs
  1. Stock Market
  2. Equities
  3. RC Stock
  4. Company Ready Capital Corporation
-40% Limited Time Offer: Our subscriptions help you unlock hidden opportunities.
SIGN UP NOW