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Ready Capital - RC Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $10.93
  • Forecasted Upside: 22.93%
  • Number of Analysts: 6
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$8.89 As of 04/26/2024 04:29 PM ET
▲ +0.19 (2.18%)

This chart shows the closing price for RC by one month, three months, or twelve months.

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Analyst Price Target for RC

Analyst Price Target is $10.93
▲ +22.93% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Ready Capital in the last 3 months. The average price target is $10.93, with a high forecast of $14.00 and a low forecast of $8.00. The average price target represents a 22.93% upside from the last price of $8.89.

This chart shows the closing price for RC for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 6 polled investment analysts is to hold stock in Ready Capital. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
11/2/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
1/31/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
5/1/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
7/30/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
10/28/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
1/26/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
4/25/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/17/2024BTIG ResearchLower TargetBuy ➝ Buy$12.00 ➝ $10.00N/A
3/20/2024UBS GroupLower TargetNeutral ➝ Neutral$10.50 ➝ $9.50Low
3/4/2024B. RileyReiterated RatingBuy ➝ Buy$13.00 ➝ $12.00Low
3/4/2024Keefe, Bruyette & WoodsReiterated RatingMarket Perform ➝ Underperform$10.00 ➝ $8.00Low
12/18/2023Raymond JamesDowngradeOutperform ➝ Market PerformLow
12/6/2023UBS GroupReiterated RatingNeutral$10.50Low
11/14/2023Keefe, Bruyette & WoodsLower TargetMarket Perform ➝ Market Perform$10.50 ➝ $10.00Low
10/17/2023WedbushInitiated CoverageNeutral$11.00Low
8/28/2023B. RileyReiterated RatingBuy ➝ Buy$13.00Low
8/23/2023Raymond JamesLower TargetOutperform ➝ Outperform$13.00 ➝ $12.00Low
8/8/2023JMP SecuritiesLower Target$15.00 ➝ $14.00Low
4/13/2023Keefe, Bruyette & WoodsLower TargetMarket Perform$12.00 ➝ $10.50Low
3/14/2023Keefe, Bruyette & WoodsLower TargetMarket Perform$13.00 ➝ $12.00Low
2/28/2023Piper SandlerLower TargetNeutral$13.00 ➝ $12.50Low
12/21/2022UBS GroupBoost TargetNeutral$11.00 ➝ $11.50Low
12/15/2022Keefe, Bruyette & WoodsDowngradeOutperform ➝ Market Perform$13.00Low
11/17/2022Raymond JamesBoost TargetOutperform$13.50 ➝ $14.00Low
11/15/2022BTIG ResearchLower Target$15.50Low
10/20/2022UBS GroupInitiated CoverageNeutral$11.00Low
10/3/2022Piper SandlerLower TargetNeutral$15.00 ➝ $12.00Low
9/8/2022B. RileyLower TargetBuy$18.00 ➝ $16.00Low
8/31/2022JMP SecuritiesLower TargetMarket Outperform$18.00 ➝ $16.00Low
6/28/2022Piper SandlerLower TargetNeutral$16.00 ➝ $14.00Low
12/3/2021B. RileyBoost TargetBuy ➝ Buy$17.00 ➝ $18.00Medium
11/9/2021Raymond JamesBoost TargetOutperform$16.50 ➝ $18.00Low
7/8/2021Piper SandlerDowngradeOverweight ➝ Neutral$15.50High
7/6/2021BTIG ResearchBoost TargetBuy$16.50 ➝ $18.50Low
6/25/2021JMP SecuritiesBoost TargetMarket Outperform$15.00 ➝ $17.50Medium
5/28/2021B. RileyBoost TargetBuy$16.50 ➝ $17.00Medium
4/27/2021Keefe, Bruyette & WoodsUpgradeMarket Perform ➝ Outperform$15.50N/A
4/21/2021Keefe, Bruyette & WoodsUpgradeMarket Perform ➝ Outperform$15.50Low
4/19/2021B. RileyReiterated RatingBuyLow
3/12/2021BTIG ResearchBoost TargetBuy$14.00 ➝ $15.50High
2/2/2021BTIG ResearchInitiated CoverageBuy$14.00Medium
11/24/2020B. RileyBoost TargetBuy$12.00 ➝ $14.50High
11/20/2020Raymond JamesBoost TargetOutperform$12.50 ➝ $14.25Low
9/30/2020Piper SandlerBoost TargetOverweight$12.00 ➝ $13.00Low
9/25/2020B. RileyBoost Target$11.00 ➝ $12.00Low
9/16/2020Raymond JamesBoost TargetOutperform$11.50 ➝ $12.50High
8/7/2020LADENBURG THALM/SH SHUpgradeNeutral ➝ BuyHigh
6/18/2020JMP SecuritiesBoost TargetMarket Outperform$10.00 ➝ $11.00Low
6/16/2020B. RileyBoost TargetBuy$8.50 ➝ $9.00High
6/11/2020Raymond JamesBoost TargetOutperform$7.50 ➝ $11.50Medium
5/13/2020Raymond JamesLower TargetOutperform$8.00 ➝ $7.50High
5/12/2020LADENBURG THALM/SH SHDowngradeBuy ➝ NeutralHigh
4/20/2020Raymond JamesLower TargetOutperform$17.00 ➝ $8.00Low
1/13/2020B. RileyReiterated RatingBuyLow
12/23/2019Sandler O'NeillUpgradeHold ➝ Buy$17.50Low
12/5/2019B. RileyReiterated RatingBuy$17.00Medium
11/8/2019Compass PointDowngradeBuy ➝ Neutral$16.50Medium
9/3/2019Cantor FitzgeraldLower TargetMarket Outperform$17.00 ➝ $16.50Medium
(Data available from 4/26/2019 forward)

News Sentiment Rating

0.82 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 4 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/29/2023
  • 2 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/29/2023
  • 4 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/28/2023
  • 4 very positive mentions
  • 7 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
12/28/2023
  • 4 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/27/2024
  • 8 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/26/2024
  • 14 very positive mentions
  • 8 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
3/27/2024
  • 7 very positive mentions
  • 5 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
4/26/2024

Current Sentiment

  • 7 very positive mentions
  • 5 positive mentions
  • 3 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Ready Capital logo
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. The LMM Commercial Real Estate segment originates LLM loans across the full life-cycle of an LLM property, including construction, bridge, stabilized, and agency loan origination channels. The Small Business Lending segment acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program; and acquires purchased future receivables. The company has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Sutherland Asset Management Corporation and changed its name to Ready Capital Corporation in September 2018. Ready Capital Corporation was founded in 2007 and is headquartered in New York, New York.
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Today's Range

Now: $8.89
Low: $8.75
High: $8.95

50 Day Range

MA: $8.81
Low: $8.29
High: $9.21

52 Week Range

Now: $8.89
Low: $8.25
High: $11.97

Volume

677,274 shs

Average Volume

1,404,819 shs

Market Capitalization

$1.53 billion

P/E Ratio

3.80

Dividend Yield

13.60%

Beta

1.4

Frequently Asked Questions

What sell-side analysts currently cover shares of Ready Capital?

The following Wall Street research analysts have issued reports on Ready Capital in the last twelve months: B. Riley, BTIG Research, JMP Securities, Keefe, Bruyette & Woods, Raymond James, StockNews.com, UBS Group AG, and Wedbush.
View the latest analyst ratings for RC.

What is the current price target for Ready Capital?

7 Wall Street analysts have set twelve-month price targets for Ready Capital in the last year. Their average twelve-month price target is $10.93, suggesting a possible upside of 22.9%. JMP Securities has the highest price target set, predicting RC will reach $14.00 in the next twelve months. Keefe, Bruyette & Woods has the lowest price target set, forecasting a price of $8.00 for Ready Capital in the next year.
View the latest price targets for RC.

What is the current consensus analyst rating for Ready Capital?

Ready Capital currently has 1 sell rating, 3 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in RC, but not buy more shares or sell existing shares.
View the latest ratings for RC.

What other companies compete with Ready Capital?

Other companies that are similar to Ready Capital include Apollo Commercial Real Estate Finance, Two Harbors Investment, PennyMac Mortgage Investment Trust, MFA Financial and Chimera Investment. Learn More about companies similar to Ready Capital.

How do I contact Ready Capital's investor relations team?

Ready Capital's physical mailing address is 1251 AVENUE OF THE AMERICAS 50TH FLOOR, NEW YORK NY, 10020. The real estate investment trust's listed phone number is (212) 257-4600 and its investor relations email address is [email protected]. The official website for Ready Capital is www.sutherlandam.com. Learn More about contacing Ready Capital investor relations.