Brown Advisory Buys 478328 Shares of Ready Capital Co.
December 23, 2022
Trending News ☀️
Ready Capital Stock Fair Value – READY CAPITAL ($NYSE:RC) is a publicly traded real estate finance company that focuses on originating, acquiring, and managing a diversified portfolio of structured finance assets. With a portfolio of over $4 billion, READY CAPITAL has become a leader in the real estate finance industry. Brown Advisory is an investment firm that specializes in asset management, advising, and private equity investments. This purchase of 478328 shares of Ready Capital by Brown Advisory is a strong indicator of the confidence they have in Ready Capital’s ability to continue to be successful and profitable. This purchase is a testament to the strength of the company and its potential for growth in the future.
The decision by Brown Advisory to purchase shares of Ready Capital further strengthens their relationship with the company and provides an additional source of capital for Ready Capital to use in its operations. This capital will allow Ready Capital to expand its portfolio and create new opportunities for investors. Overall, the purchase of 478328 shares of Ready Capital by Brown Advisory Inc. is a sign of confidence in the company’s future prospects. The purchase is also a signal of continued trust between the two companies, which will be beneficial to both parties in the long run.
Market Price
Prior to this purchase, media exposure for Ready Capital Co. has been mostly positive. With the recent purchase from Brown Advisory Inc., the stock of Ready Capital Co. opened on Monday at $12.2 and closed at $12.0, down by 0.9% from the previous closing price of 12.1. Despite the slight dip in the share price, Ready Capital Co. still stands as a strong investment for those looking to expand their portfolio. The company is well-established in a number of industries and has an impressive track record of success.
Brown Advisory Inc.’s purchase of Ready Capital Co.’s stock is an indication that they believe in the potential of the company. With a large number of shares bought, it’s clear that they have a positive outlook on the future of Ready Capital Co. While there was a slight dip in the share price on Monday, the overall potential of Ready Capital Co. remains strong and is an attractive investment opportunity for those looking to diversify their portfolio. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ready Capital. More…
| Total Revenues | Net Income | Net Margin |
| 472.17 | 228.03 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ready Capital. More…
| Operations | Investing | Financing |
| 188.28 | -1.85k | 1.7k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ready Capital. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 11.86k | 9.88k | 15.4 |
Key Ratios Snapshot
Some of the financial key ratios for Ready Capital are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
VI Analysis – Ready Capital Stock Fair Value
Ready Capital Corporation is a real estate finance company whose fundamentals reflect its long-term potential. An analysis of the company’s performance and financials conducted through the VI app reveals that the fair value of their stock is estimated to be around $10.7. However, the current market price of the shares stands at $12.0, indicating that the stock is currently overvalued by 12%. This overvaluation could be attributed to the company’s strong balance sheet and steady cash flows. The company’s strong balance sheet is further evidenced by its low level of debt and strong liquidity position. Overall, Ready Capital Corporation appears to be a financially sound company that has the potential to outperform its peers in the long run. Despite the stock being slightly overvalued in the current market, investors should consider buying on dips as it may be a good long-term investment option. More…
VI Peers
In the past decade, the commercial real estate lending landscape has shifted dramatically. New players have emerged and old ones have fallen by the wayside. Among the new breed of lenders is Ready Capital Corp, which has quickly established itself as a major player in the space. Ready Capital’s success has come at the expense of its competitors, who have been forced to adapt or die. Among those competitors are TPG RE Finance Trust Inc, ECC Capital Corp, and Manhattan Bridge Capital Inc.
– TPG RE Finance Trust Inc ($NYSE:TRTX)
TPG RE Finance Trust Inc is a publicly traded real estate investment trust that focuses on originating and acquiring senior loans collateralized by commercial real estate properties. The company’s portfolio includes office, retail, hospitality, industrial, and other types of commercial real estate properties. TPG RE Finance Trust Inc is headquartered in New York, New York.
– ECC Capital Corp ($OTCPK:ECRO)
ECC Capital Corp is a specialty finance company that provides financing solutions to small and medium-sized businesses in the United States. The company has a market cap of $7.81 million as of February 2022. ECC Capital Corp is headquartered in New York, New York.
– Manhattan Bridge Capital Inc ($NASDAQ:LOAN)
Manhattan Bridge Capital Inc is a real estate finance company that originates, services, and manages a portfolio of first mortgage loans. The Company operates in the New York metropolitan area. It offers short-term secured, non-banking loans to real estate investors to fund their acquisition, renovation, or rehabilitation of properties located in the New York metropolitan area.
Summary
Investing in Ready Capital is an attractive option for investors looking to diversify their portfolio and capitalize on attractive returns. The company has a strong presence in the commercial real estate loan space and has a solid track record of success in the industry.
In addition, Ready Capital has a robust operating platform that provides access to a variety of loan products and services. Ready Capital’s portfolio is well diversified across various markets and asset classifications, including multifamily, retail, office, industrial and hospitality properties. This allows it to leverage its financial strength and expertise to provide attractive returns for its shareholders.
Additionally, Ready Capital offers investors access to a variety of financing sources, including bridge loans, permanent loans, and mezzanine loans. As the company continues to expand its loan products and services, investors are likely to benefit from its continued success. Ready Capital’s management team is experienced and well-regarded in the industry and has a reputation for delivering strong results. Furthermore, the company’s commitment to responsible lending practices and risk management policies ensure that it maintains its position as an industry leader. Overall, investing in Ready Capital is an attractive option for investors looking to capitalize on attractive returns while diversifying their portfolios. With a solid track record of success, a diversified portfolio, and an experienced management team, Ready Capital provides investors with an attractive opportunity for long-term growth.
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