Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
RC
STRONG SELLReady Capital Corporation · Real Estate · United States · $265M · Avg Vol: $2M/d
COMPANY DESCRIPTION
Ready Capital Corporation is a multi-strategy real estate finance company that originates, acquires, finances, and services small-to-medium balance commercial loans. The company's competitive moat is sustained by its leading market position as a non-bank lender in the Small Balance Commercial (SBC) and SBA 7(a) loan segments. It operates as a specialty finance REIT, generating attractive risk-adjusted returns through a highly diversified, yield-producing loan portfolio and robust servicing platform.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 383.3M | 397.8M | 49.3M | -23.7M | -64.1% | -273.2M | 477.1M | 304.4M | 83.4% |
| EPS | 1.73 | 2.25 | -2.63 | -1.44 | 30.1% | -3.43 | -2.06 | -0.83 | — |
| Shares | 110.5M | 172.3M | 162.8M | 163.0M | +47.5% | 180.2M | — | — | — |
| Debt | 6.7B | 7.2B | 6.0B | 3.5B | -19.2% | 4.7B | — | — | — |
| Equity | 1.8B | 2.5B | 1.8B | 1.5B | -4.8% | — | — | — | — |
| Op CF | 359.1M | 51.1M | 274.8M | 432.1M | 6.4% | 1.1B | — | — | — |
| Inv CF | -1.6B | 1.0B | 1.5B | 1.6B | — | — | — | — | — |
| Fin CF | 1.2B | -1.1B | -1.9B | -2.0B | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of RC are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| RC | Ready Capital Corporation(you) | $265M | 16 | STRONG SELL |
| MITT | TPG Mortgage Investment Trust, Inc. | $230M | 22 | SELL |
| CMTG | Claros Mortgage Trust, Inc. | $306M | 7 | STRONG SELL |
| ACRE | Ares Commercial Real Estate Corporation | $252M | 29 | SELL |
| ACR | ACRES Commercial Realty Corp. | $129M | 23 | SELL |
| SEVN | Seven Hills Realty Trust | $179M | 31 | SELL |
| RWT | Redwood Trust, Inc. | $616M | 23 | SELL |
| FBRT | Franklin BSP Realty Trust, Inc. | $601M | 27 | SELL |
| KREF | KKR Real Estate Finance Trust Inc. | $472M | 33 | SELL |
| BRSP | BrightSpire Capital, Inc. | $681M | 26 | SELL |
Peer medians: ROE 5.0% · P/E 26.5x · Gross margin 67.4%