Ready Capital Stock Fair Value Calculator – Analysts Give Ready Capital Co. an Average Rating of ‘Hold’
December 20, 2023
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Ready Capital ($NYSE:RC) Co. has recently been assigned an average rating of “Hold” by a number of analysts. This means that the stock is not expected to significantly increase or decrease in value in the near future. Ready Capital Co. is a real estate investment trust (REIT) that specializes in providing financing solutions for small balance commercial loans, primarily in the multifamily sector. It operates across the US, with a focus on select regional markets, including Texas, California, Florida, and the Midwest.
Ready Capital Co. has been successful in providing competitive financing solutions for a variety of borrowers, allowing them to build and expand their businesses. With its experienced team of executives, experienced loan origination team, and strong balance sheet, Ready Capital Co. is well-positioned to continue providing financing solutions while managing its portfolio of loans.
Price History
On Tuesday, the stock opened at $10.8 and closed at $10.9, up by 1.4% from the previous closing price of $10.8. This slight increase in stock price indicates that investors remain bullish on the stock, despite the average rating from analysts. However, analysts do not recommend buying the stock at current levels, due to its recent performance. Despite this, investors are optimistic that Ready Capital can continue to provide strong returns in the future. 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 |
| 450.86 | 333.14 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ready Capital. More…
| Operations | Investing | Financing |
| 297.77 | 617.31 | -922.39 |
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 |
| 12.8k | 10.1k | 14.42 |
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 |
| – | – | – |
Analysis – Ready Capital Stock Fair Value Calculator
At GoodWhale, we have conducted an analysis of READY CAPITAL‘s finances and have come to the conclusion that the intrinsic value of their share is around $9.4. This value was calculated using our proprietary Valuation Line. Currently, READY CAPITAL stock is being traded at around $10.9. We believe that this is a fair price, albeit overvalued by 15.7%. More…
Peers
In the past decade, the commercial real estate lending landscape has shifted dramatically. New players have emerged and old ones have fallen by the wayside. Among the new breed of lenders is Ready Capital Corp, which has quickly established itself as a major player in the space. Ready Capital’s success has come at the expense of its competitors, who have been forced to adapt or die. Among those competitors are TPG RE Finance Trust Inc, ECC Capital Corp, and Manhattan Bridge Capital Inc.
– TPG RE Finance Trust Inc ($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
READY Capital is currently rated “Hold” by analysts. Investing in the company requires careful analysis and consideration of the company’s financials, industry, and competitive landscape. Investors should look at the company’s balance sheet to gauge financial health, revenues and profits, cash flow, and other indicators. They should also assess the company’s competitive position within the industry, considering factors such as market share and customer loyalty.
Additionally, investors should research the potential for improvements and advancements within the industry that could lead to better financial performance for READY Capital. Investors should also analyze the company’s management team to determine whether they have the necessary experience and qualifications to lead the company’s growth. Finally, investors should review the company’s risk profile, determining the potential for outperforming or underperforming the market. Taking these factors into consideration can help investors make an informed decision about whether READY Capital is a suitable investment.
