B. Riley Has Bearish Outlook for Ready Capital Q2 Earnings

Ready Capital Co. (NYSE:RC) – B. Riley lowered their Q2 2025 earnings per share (EPS) estimates for Ready Capital in a research note issued on Thursday, May 15th. B. Riley analyst R. Binner now anticipates that the real estate investment trust will earn $0.05 per share for the quarter, down from their prior forecast of $0.16. The consensus estimate for Ready Capital’s current full-year earnings is $0.93 per share. B. Riley also issued estimates for Ready Capital’s Q3 2025 earnings at $0.10 EPS, Q4 2025 earnings at $0.14 EPS, FY2025 earnings at $0.20 EPS and FY2026 earnings at $0.50 EPS.

Several other analysts have also commented on the company. UBS Group decreased their price objective on Ready Capital from $5.00 to $4.75 and set a “neutral” rating for the company in a report on Wednesday, April 16th. Citizens Jmp downgraded Ready Capital from an “outperform” rating to a “market perform” rating in a research report on Monday, March 3rd. Keefe, Bruyette & Woods cut their target price on Ready Capital from $4.00 to $3.75 and set an “underperform” rating on the stock in a research report on Tuesday, May 13th. Finally, Wedbush reissued a “neutral” rating and issued a $6.00 target price (down from $8.00) on shares of Ready Capital in a research report on Tuesday, March 4th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company. According to MarketBeat, Ready Capital has an average rating of “Hold” and an average target price of $7.00.

Ready Capital Stock Performance

Shares of RC opened at $4.53 on Monday. Ready Capital has a 12 month low of $3.93 and a 12 month high of $9.54. The stock has a fifty day moving average price of $4.65 and a 200-day moving average price of $6.08. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 0.54. The firm has a market cap of $771.54 million, a PE ratio of -6.46 and a beta of 1.45.

Ready Capital (NYSE:RC) last issued its quarterly earnings data on Thursday, May 8th. The real estate investment trust reported ($0.09) EPS for the quarter, missing the consensus estimate of $0.12 by ($0.21). Ready Capital had a negative net margin of 11.65% and a positive return on equity of 7.53%. The business had revenue of $40.24 million for the quarter, compared to analysts’ expectations of $212.33 million.

Hedge Funds Weigh In On Ready Capital

A number of institutional investors have recently modified their holdings of RC. Charles Schwab Investment Management Inc. boosted its holdings in shares of Ready Capital by 21.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,266,585 shares of the real estate investment trust’s stock worth $15,458,000 after purchasing an additional 398,005 shares during the last quarter. Barclays PLC raised its position in Ready Capital by 205.9% in the third quarter. Barclays PLC now owns 484,986 shares of the real estate investment trust’s stock valued at $3,699,000 after purchasing an additional 326,467 shares during the period. Vanguard Group Inc. increased its position in shares of Ready Capital by 7.3% during the fourth quarter. Vanguard Group Inc. now owns 11,366,828 shares of the real estate investment trust’s stock worth $77,522,000 after acquiring an additional 768,891 shares during the period. GraniteShares Advisors LLC purchased a new stake in shares of Ready Capital during the fourth quarter worth $2,480,000. Finally, JPMorgan Chase & Co. increased its position in shares of Ready Capital by 50.5% during the third quarter. JPMorgan Chase & Co. now owns 336,773 shares of the real estate investment trust’s stock worth $2,570,000 after acquiring an additional 112,934 shares during the period. Hedge funds and other institutional investors own 55.87% of the company’s stock.

Insider Buying and Selling at Ready Capital

In related news, insider Adam Zausmer acquired 10,000 shares of Ready Capital stock in a transaction on Friday, March 7th. The stock was acquired at an average price of $5.42 per share, for a total transaction of $54,200.00. Following the purchase, the insider now owns 301,105 shares of the company’s stock, valued at approximately $1,631,989.10. This represents a 3.44% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.10% of the company’s stock.

Ready Capital Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 11.05%. Ready Capital’s payout ratio is currently -28.74%.

About Ready Capital

Ready Capital Corporation operates as a real estate finance company in the United States. It operates through two segments: LMM Commercial Real Estate and Small Business Lending. 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, and mortgage-backed securities collateralized primarily by LLM loans, or other real estate-related investments.