Ready Capital Corp (NYSE: RC) kicked off on Tuesday, down -2.78% from the previous trading day, before settling in for the closing price of $2.52. Over the past 52 weeks, RC has traded in a range of $2.52-$7.64.
While this was happening, its average annual earnings per share was recorded -975.73%. With a float of $146.15 million, this company’s outstanding shares have now reached $161.83 million.
Ready Capital Corp (RC) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the REIT – Mortgage Industry. The insider ownership of Ready Capital Corp is 9.86%, while institutional ownership is 62.11%. The most recent insider transaction that took place on Mar 12 ’25, was worth 50,395. In this transaction Chief Financial Officer of this company bought 10,000 shares at a rate of $5.04, taking the stock ownership to the 310,808 shares. Before that another transaction happened on Mar 10 ’25, when Company’s Director bought 5,000 for $5.12, making the entire transaction worth $25,590. This insider now owns 118,106 shares in total.
Ready Capital Corp (RC) Latest Financial update
In the latest quarterly report, which was put into the public domain on 12/31/2024, the organization reported -0.03 earnings per share (EPS), lower than consensus estimate (set at 0.21) by -0.24. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -975.73% per share during the next fiscal year.
Ready Capital Corp (NYSE: RC) Trading Performance Indicators
Take a look at Ready Capital Corp’s (RC) current performance indicators. Last quarter, stock had a quick ratio of 1.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.96, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.17 in one year’s time.
Technical Analysis of Ready Capital Corp (RC)
The latest stats from [Ready Capital Corp, RC] show that its last 5-days average volume of 3.09 million was superior to 2.45 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 8.58%.
During the past 100 days, Ready Capital Corp’s (RC) raw stochastic average was set at 0.00%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.16 in the past 14 days, which was higher than the 0.14 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.45, while its 200-day Moving Average is $4.41. Now, the first resistance to watch is $2.50. This is followed by the second major resistance level at $2.56. The third major resistance level sits at $2.58. If the price goes on to break the first support level at $2.42, it is likely to go to the next support level at $2.40. The third support level lies at $2.34 if the price breaches the second support level.
Ready Capital Corp (NYSE: RC) Key Stats
The company with the Market Capitalisation of 397.21 million has total of 162,126K Shares Outstanding. Its annual sales at the moment are 896,980 K in contrast with the sum of -435,760 K annual income. Company’s last quarter sales were recorded 137,490 K and last quarter income was -18,750 K.
