RC: Ready Capital Corp Company Profile & Statistics

About

Ready Capital Corporation is a publicly-traded mortgage REIT and is externally managed by Waterfall Asset Management LLC. The company provides non-bank real estate and small business. It lends primarily to multifamily and commercial real estate, delivering value-add bridge loans and fixed rate financings for stabilized assets. The company approved Freddie Mac Small Balance Loan lender and provides residential mortgage lending through its wholly-owned subsidiary GMFS Inc. Ready Capital Corporation, formerly known as Sutherland Asset Management Corporation, is based in New York, United States.

Info & Links

CEO

Thomas E. Capasse

Headquarters

1251 AVENUE OF THE AMERICAS, 50TH FLOOR
NEW YORK, NY 10020, UNITED STATES

Auditor

Deloitte & Touche LLP

Share holders

895

Employees

374

Ready Capital Corp Statistics

Valuation Measures

Market Capitalization²

1.20B

Enterprise Value

4.38B

Enterprise Value/EBITDA(ttm)

4.35

Price to Earnings Ratio(ttm)

8.56

Price to Sales(ttm)

1.33

Price to Book(mrq)

0.56

Price to Cash(ytd)

5.10

Profitability

Gross Margin(ttm)

0.00%

Operating Margin(ttm)

18.79%

Profit Margin(ttm)

-12.74%

Return on Equity(ttm)

7.53%

Return on Invested Capital(ttm)

-2.52%

Return on Assets(ttm)

1.49%

Income Statement

Revenue(ttm)

943.14M

Revenue Per Share(ttm)

5.60

Gross Profit(ttm)

0.00

EBITDA(ttm)³

1.01B

Net Income Available to Common(ttm)

-117.85M

Diluted EPS(ttm)

-0.70

Share Statistics

Beta (5Y Monthly)

1.43

52-Week Change

-23.30%

S&P 500 52-Week Change

24.49%

S&P 500 Member

Yes

Stock Optionable

Yes

Total Shares Outstanding¹

168.53M

Dividend Yield

13.42%

Float⁴

166.69M

% Held by Insiders

1.09%

% Held by Institutions

55.87%

Balance Sheet

Total Cash(mrq)

212.65M

Total Cash Per Share(mrq)

1.26

Total Debt(mrq)

3.39B

Total Debt/Equity(mrq)

144.99%

Current Ratio(mrq)

Quick Ratio(mrq)

1.67%

Book Value Per Share(mrq)

13.88

Cash Flow

Operating Cash Flow Per Share(ytd)

1.45

Free Cash Flow(ytd)

302.42M

Table Key

mrq = Most Recent Quarter

ttm = Trailing Twelve Months

ytd = Year To Date

Footnotes

Data provided by Zacks Investment Research or calculated by FXEmpire. All numbers are rounded to the closest decimal.

1 Total Shares outstanding is taken from the most recently filed quarterly or annual report.
2 Market Cap is calculated using total shares outstanding and the most recent share price.
3 EBITDA is calculated using methodology that may differ from that used by a company in its reporting.
4 The float is a measure of the number of shares available for trading by the public. It's calculated by taking the number of issued and outstanding shares minus any restricted stock, which might not be publicly traded.

RC

Ready Capital Corp

Ready Capital Corp Profile