B. Riley Has Negative Outlook for Ready Capital Q2 Earnings

Ready Capital Corp (NYSE:RC) – Research analysts at B. Riley reduced their Q2 2025 earnings per share estimates for Ready Capital in a report released on Monday, July 14th. B. Riley analyst R. Binner now anticipates that the real estate investment trust will post earnings of $0.02 per share for the quarter, down from their prior forecast of $0.05. 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 $0.08 EPS and FY2025 earnings at $0.15 EPS.

Ready Capital (NYSE:RC) last released its earnings results 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). The company had revenue of $40.24 million for the quarter, compared to analyst estimates of $212.33 million. Ready Capital had a positive return on equity of 5.53% and a negative net margin of 34.40%.

A number of other research analysts also recently commented on RC. Keefe, Bruyette & Woods increased their price objective on Ready Capital from $3.75 to $4.25 and gave the company an “underperform” rating in a report on Thursday, July 10th. UBS Group dropped their price target on shares of Ready Capital from $4.75 to $4.50 and set a “neutral” rating on the stock in a research note on Wednesday, May 21st. One equities 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. Based on data from MarketBeat.com, Ready Capital currently has a consensus rating of “Hold” and a consensus target price of $7.04.

Ready Capital Stock Performance

Shares of Ready Capital stock opened at $4.23 on Tuesday. The business has a 50-day simple moving average of $4.41 and a 200-day simple moving average of $5.27. The company has a market cap of $721.94 million, a PE ratio of -2.43 and a beta of 1.43. Ready Capital has a one year low of $3.93 and a one year high of $9.54. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.78 and a current ratio of 1.78.

Ready Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Monday, June 30th will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 11.81%. The ex-dividend date of this dividend is Monday, June 30th. Ready Capital’s dividend payout ratio is currently -28.74%.

Hedge Funds Weigh In On Ready Capital

A number of hedge funds have recently modified their holdings of RC. Shorepoint Capital Partners LLC raised its stake in Ready Capital by 2.4% during the 4th quarter. Shorepoint Capital Partners LLC now owns 64,500 shares of the real estate investment trust’s stock valued at $440,000 after acquiring an additional 1,500 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Ready Capital by 18.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 15,193 shares of the real estate investment trust’s stock valued at $104,000 after purchasing an additional 2,328 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Ready Capital by 6.1% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 45,288 shares of the real estate investment trust’s stock worth $231,000 after purchasing an additional 2,606 shares during the period. HighTower Advisors LLC grew its position in Ready Capital by 3.9% in the 4th quarter. HighTower Advisors LLC now owns 76,803 shares of the real estate investment trust’s stock valued at $524,000 after buying an additional 2,917 shares during the last quarter. Finally, Spire Wealth Management increased its stake in Ready Capital by 4.6% in the 1st quarter. Spire Wealth Management now owns 95,283 shares of the real estate investment trust’s stock valued at $485,000 after buying an additional 4,157 shares during the period. 55.87% of the stock is currently owned by hedge funds and other institutional investors.

Ready Capital Company Profile

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.