Ready Capital Corp. | REIT Profile
Symbol: RC
CIK: 0
Exchange: NYSE
Founded: 2007 (19 years)
HQ: New York, NY, United States
Type of REIT: Mortgage REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Mortgage
Internally Managed REIT
REITRating™ Score: 2.0
See RC on Yahoo Finance
See RC on SEC.gov
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Ready Capital is a non-bank real estate and small business lender that has provided over $3 billion in capital nationwide. The company lends up to $35 million on multifamily and commercial real estate, delivering value-add bridge loans and fixed rate financings for stabilized assets. Ready Capital is an approved Freddie Mac Small Balance Loan ("SBL") lender, an SBA Preferred Lender and provides residential mortgage lending though its wholly-owned subsidiary, GMFS Inc. Formed in 2011, Ready Capital is a publicly-traded mortgage REIT (NYSE: RC), and is externally managed by Waterfall Asset Management, LLC., a NY-based SEC registered investment advisor.
Stock Chart
Dividend of Trading Day 2026-04-30
Annualized Dividend: $0.04*
Dividend Yield (TTM): 14.2%
Annualized Dividend (TTM): $0.27
Ex-Dividend Date: 2026-03-31
Dividend Date: 2026-04-30
Dividend Frequency: Quarterly
*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.
Latest REIT Press Releases
- Ready Capital - Ready Capital Corporation Declares First Quarter 2026 Dividends - Fri, 13 Mar 2026 20:15:38 UTC
- Ready Capital - Ready Capital Corporation Reports Fourth Quarter 2025 Results - Thu, 26 Feb 2026 21:45:39 UTC
- Ready Capital - Ready Capital Corporation Announces Leadership Changes - Thu, 26 Feb 2026 21:25:56 UTC
- Ready Capital - Ready Capital Corporation Declares Fourth Quarter 2025 Dividends - Mon, 15 Dec 2025 21:10:27 UTC
- Ready Capital - Ready Capital Corporation Reports Third Quarter 2025 Results - Thu, 06 Nov 2025 21:45:46 UTC
Key Stats of Trading Day 2026-04-30
EBITDA: N/A [?]
P/E (Price-to-Earnings) Ratio: N/A [?]
PEG (Price/Earnings to Growth) Ratio: 2.74 [?]
Book Value: 8.79 [?]
Dividend Per Share (DPS): $0.39 [?]
Earnings Per Share (EPS): -1.41 [?]
Revenue Per Share (TTM): $-0.35 [?]
Profit Margin: N/A [?]
Operating Margin (TTM): 160.30% [?]
Return on Equity (TTM): -12.00% [?]
Revenue (TTM): $-58,017,000 [?]
Gross Profit (TTM): $-99,275,000 [?]
Diluted EPS (TTM): $-1.41 [?]
Quarterly Earnings Growth YOY: 305.30% [?]
Quarterly Revenue Growth YOY: 1.00% [?]
Trailing P/E: N/A [?]
Forward P/E: 7.05 [?]
Beta: 1.50 [?]
Price-to-Book (P/B): 0.22 [?]
Enterprise Value (EV) to Revenue: 195.24 [?]
EV to EBITDA: 15.96x [?]
Shares Outstanding: 162,879,000 [?]
52 Week High: $4.55 [?]
52 Week Low: $1.49 [?]
50 Day Moving Average: $1.74 [?]
200 Day Moving Average: $2.80 [?]
REIT Simulation
Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.
| With $1,000 USD | With $500 USD | With $250 USD | With $100 USD | With $50 USD | |
|---|---|---|---|---|---|
| Initial investment | @ $4.45 per share you would have been able to buy 224 shares of RC on 2025-05-01 costing $996.80 | @ $4.45 per share you would have been able to buy 112 shares of RC on 2025-05-01 costing $498.40 | @ $4.45 per share you would have been able to buy 56 shares of RC on 2025-05-01 costing $249.20 | @ $4.45 per share you would have been able to buy 22 shares of RC on 2025-05-01 costing $97.90 | @ $4.45 per share you would have been able to buy 11 shares of RC on 2025-05-01 costing $48.95 |
| Current worth | On 2026-04-30 these 224 shares would be worth $424.48 @ $1.90 | On 2026-04-30 these 112 shares would be worth $212.24 @ $1.90 | On 2026-04-30 these 56 shares would be worth $106.12 @ $1.90 | On 2026-04-30 these 22 shares would be worth $41.69 @ $1.90 | On 2026-04-30 these 11 shares would be worth $20.85 @ $1.90 |
| Dividends earned | $60.48 in dividends would have been earned since 2025-05-01 with 224 shares. | $30 in dividends would have been earned since 2025-05-01 with 112 shares. | $15.12 in dividends would have been earned since 2025-05-01 with 56 shares. | $5.94 in dividends would have been earned since 2025-05-01 with 22 shares. | $2.97 in dividends would have been earned since 2025-05-01 with 112 shares. |
| Net (gain / loss)* | -511.84 USD | -255.92 USD | -127.96 USD | -50.27 USD | -25.14 USD |
| ROI** | -51.35% | -51.35% | -51.35% | -51.35% | -51.35% |
*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.
Dividend History
Below are the most recent cash dividends paid by RC. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.
| Symbol | Ex Date | Cash Amount | Change in Dividend | Declaration Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| RC | 2026-03-31 | 0.010 | --- | 2026-03-13 | 2026-03-31 | 2026-04-30 |
| RC | 2025-12-31 | 0.010 | -92.00% | 2025-12-15 | 2025-12-31 | 2026-01-30 |
| RC | 2025-09-30 | 0.125 | --- | 2025-09-15 | 2025-09-30 | 2025-10-31 |
| RC | 2025-06-30 | 0.125 | --- | 2025-06-13 | 2025-06-30 | 2025-07-31 |
| RC | 2025-03-31 | 0.125 | -50.00% | 2025-03-03 | 2025-03-31 | 2025-04-30 |
| RC | 2024-12-31 | 0.250 | --- | 2024-12-13 | 2024-12-31 | 2025-01-31 |
| RC | 2024-09-30 | 0.250 | -16.67% | 2024-09-13 | 2024-09-30 | 2024-10-31 |
| RC | 2024-06-28 | 0.300 | --- | 2024-06-14 | 2024-06-28 | 2024-07-31 |
| RC | 2024-03-27 | 0.300 | --- | 2024-03-15 | 2024-03-28 | 2024-04-30 |
| RC | 2023-12-28 | 0.300 | -16.67% | 2023-12-14 | 2023-12-29 | 2024-01-31 |
| RC | 2023-09-28 | 0.360 | 157.14% | 2023-09-15 | 2023-09-29 | 2023-10-31 |
| RC | 2023-06-29 | 0.140 | -46.15% | 2023-05-15 | 2023-06-30 | 2023-07-31 |
Financial Statements Overview
Balance Sheet | Quarterly
| Assets | 2025-12-31 | 2025-09-30 | QoQ |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents at Carrying Value | 247,587,000 | 147,505,000 | |
| Short-Term Investments | 0 | 0 | |
| Cash and Short Term Investments | 247,587,000 | 147,505,000 | |
| Current Net Receivables | 96,173,000 | 180,715,000 | |
| Inventory | 0 | 0 | |
| Other Current Assets | -39,746,000 | 0 | |
| Total Current Assets | 207,841,000 | 147,505,000 | 40.9% |
| Non-Current Assets | |||
| Property Plant Equipment | 0 | 0 | |
| Accumulated Depreciation Amortization PPE | 0 | 0 | |
| Long-Term Investments | 275,812,000 | 302,477,000 | |
| Investments | 0 | 0 | |
| Intangible Assets Excluding Goodwill | 126,279,000 | 165,834,000 | |
| Goodwill | 49,501,000 | 49,501,000 | |
| Intangible Assets | 126,279,000 | 165,834,000 | |
| Other Non-Current Assets | 0 | 0 | |
| Total Non-Current Assets | 0 | 0 | 0.0% |
| Total Assets | 7,769,796,000 | 8,332,101,000 | -6.7% |
| Liabilities | |||
| Current Liabilities | |||
| Current Accounts Payable | 59,694,000 | 60,928,000 | |
| Deferred Revenue | 0 | 0 | |
| Current Debt | 0 | 0 | |
| Short-Term Debt | 722,729,000 | 721,151,000 | |
| Current Long-Term Debt | 385,116,000 | 418,219,000 | |
| Short Long-Term Debt Total | 5,863,018,000 | 6,126,608,000 | |
| Other Current Liabilities | -458,542,000 | 26,882,000 | |
| Total Current Liabilities | -264,187,000 | 721,151,000 | -136.6% |
| Non-Current Liabilities | |||
| Long-Term Debt Noncurrent | 0 | 0 | |
| Long-Term Debt | 3,130,708,000 | 3,350,423,000 | |
| Capital Lease Obligations | 8,565,000 | 8,509,000 | |
| Other Non-Current Liabilities | 0 | 0 | |
| Total Non-Current Liabilities | 6,042,854,000 | 5,727,391,000 | |
| Total Liabilities | 6,042,854,000 | 6,448,542,000 | -6.3% |
| Shareholders' Equity | |||
| Common Stock | 17,000 | 17,000 | |
| Common Stock Shares Outstanding | 164,450,230 | 167,790,240 | |
| Treasury Stock | 0 | 0 | |
| Retained Earnings | -807,522,000 | -569,709,000 | |
| Total Shareholder Equity | 1,552,393,000 | 1,783,029,000 | -12.9% |
Amounts in USD ($)
Income Statement | Quarterly
| 2025-12-31 | 2025-09-30 | QoQ | |
|---|---|---|---|
| Total Revenue | 566,965,000 | -623,000 | -91,105.6% |
| Cost of Revenue | 9,148,000 | 14,927,000 | |
| Cost of Goods and Services Sold | 9,148,000 | 14,927,000 | |
| Gross Profit | 125,317,000 | -15,550,000 | -905.9% |
| Research and Development | 0 | 0 | |
| Selling General and Administrative | 12,973,000 | 6,008,000 | |
| Depreciation | 0 | 0 | |
| Depreciation and Amortization | 0 | 1,100,000 | |
| Operating Expenses | 261,884,000 | 37,910,000 | |
| Operating Income | -136,567,000 | -16,947,000 | 705.8% |
| EBIT (Earnings Before Interest and Tax) | 0 | -26,882,000 | |
| Investment Income Net | 0 | 0 | |
| Net Interest Income | 13,122,000 | 10,520,000 | |
| Interest Income | 123,973,000 | 137,491,000 | |
| Interest Expense | 110,851,000 | 126,971,000 | |
| Interest and Debt Expense | 0 | 0 | |
| Non Interest Income | 0 | 0 | |
| Other Non Operating Income | 0 | 0 | |
| Income Before Tax | -264,187,000 | -26,882,000 | 882.8% |
| Income Tax Expense | -31,622,000 | -9,935,000 | |
| Net Income from Continuing Operations | -232,565,000 | -16,947,000 | |
| Net Income | -234,184,000 | -18,745,000 | 1,149.3% |
| Comprehensive Income Net of Tax | 0 | 0 | |
| EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) | -153,336,000 | -25,782,000 |
Amounts in USD ($)