Ready Capital (RC)

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Ready Capital: Chasing Income - Losing Value
Seeking Alpha· 2025-05-12 15:52
Take advantage of the currently offered discount on annual memberships and give CIP a try. The offer comes with a 11-month money guarantee , for first time members.Conservative Income Portfolio targets the best value stocks with the highest margins of safety. The volatility of these investments is further lowered using the best priced options. Our Enhanced Equity Income Solutions Portfolio is designed to reduce volatility while generating 7-9% yields.Ready Capital Corporation (NYSE: RC ) has been a quintess ...
Ready Capital (RC) - 2025 Q1 - Quarterly Report
2025-05-09 20:49
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 Commission File Number: 001-35808 READY CAPITAL CORPORATION (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisdiction of Incorporation or Organization) (IRS Employer Identification No.) Maryland 90-0729143 1251 Avenue of the Americas, 50th Floor, New York, NY 10020 (Add ...
Ready Capital (RC) - 2025 Q1 - Earnings Call Transcript
2025-05-09 13:30
Ready Capital (RC) Q1 2025 Earnings Call May 09, 2025 08:30 AM ET Speaker0 Greetings. Welcome to Ready Capital's First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. Please note this conference is being recorded. I'll now turn the conference over to Andrew Alborne, Chief Financial Officer. Mr. Alborne, you may begin your presentation. Speaker1 Thank you, operator, and good morni ...
Ready Capital (RC) - 2025 Q1 - Earnings Call Presentation
2025-05-09 12:33
SUPPLEMENTAL FINANCIAL DATA All material presented is compiled from sources believed to be reliable and current, but accuracy cannot be guaranteed. All data is as of March 31, 2025, unless otherwise noted. 2 Q1 2025 Disclaimer This presentation contains statements that constitute "forward-looking statements," as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by t ...
Here's What Key Metrics Tell Us About Ready Capital (RC) Q1 Earnings
ZACKS· 2025-05-09 01:30
For the quarter ended March 2025, Ready Capital (RC) reported revenue of $14.5 million, down 70.1% over the same period last year. EPS came in at $0.00, compared to $0.29 in the year-ago quarter.The reported revenue represents a surprise of -73.83% over the Zacks Consensus Estimate of $55.4 million. With the consensus EPS estimate being $0.12, the EPS surprise was -100.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...
Ready Capital (RC) Reports Break-Even Earnings for Q1
ZACKS· 2025-05-09 00:10
Ready Capital (RC) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.12. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.21 per share when it actually produced earnings of $0.23, delivering a surprise of 9.52%.Over the last four quarters, the company ...
Ready Capital Corporation Reports First Quarter 2025 Results
GlobeNewswire· 2025-05-08 21:00
- GAAP EARNINGS PER COMMON SHARE FROM CONTINUING OPERATIONS OF $0.47 -- DISTRIBUTABLE LOSS PER COMMON SHARE OF $(0.09) -- DISTRIBUTABLE EARNINGS PER COMMON SHARE BEFORE REALIZED LOSSES OF $0.00 - NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services lower-to-middle-market (“LMM”) investor and owner-occupied commercial real estate loans, today reported f ...
Ready Capital (RC) - 2025 Q1 - Quarterly Results
2025-05-08 20:36
Exhibit 99.1 READY CAPITAL CORPORATION REPORTS FIRST QUARTER 2025 RESULTS Use of Non-GAAP Financial Information In addition to the results presented in accordance with U.S. GAAP, this press release includes distributable earnings, formerly referred to as core earnings, which is a non-U.S. GAAP financial measure. The Company defines distributable earnings as net income adjusted for unrealized gains and losses related to certain mortgage backed securities ("MBS") not retained by us as part of our loan origina ...
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Ready Capital Corporation (RC) Shareholders
GlobeNewswire News Room· 2025-05-05 17:51
NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Ready Capital Corporation ("Ready Capital" or the "Company") (NYSE: RC) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Ready Capital investors who were adversely affected by alleged securities fraud between August 8, 2024 and March 2, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/ready-capital- ...
Can Ready Capital (RC) Keep the Earnings Surprise Streak Alive?
ZACKS· 2025-05-05 17:10
Core Viewpoint - Ready Capital (RC) is positioned to continue its earnings-beat streak, having surpassed earnings estimates consistently in recent quarters [1][5]. Earnings Performance - In the last reported quarter, Ready Capital achieved earnings of $0.23 per share, exceeding the Zacks Consensus Estimate of $0.21 per share, resulting in a surprise of 9.52% [2]. - In the previous quarter, the company was expected to report earnings of $0.23 per share but delivered $0.25 per share, leading to a surprise of 8.70% [2]. Earnings Estimates and Predictions - Estimates for Ready Capital have been trending higher, influenced by its history of earnings surprises [5]. - The stock has a positive Zacks Earnings ESP of +8.33%, indicating that analysts have recently become more optimistic about the company's earnings prospects [8]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a strong possibility of another earnings beat in the upcoming report [8]. Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7].