A new trading day began on Friday, with Ready Capital Corp (NYSE: RC) stock price down -0.89% from the previous day of trading, before settling in for the closing price of $2.25. RC’s price has ranged from $2.09 to $7.41 over the past 52 weeks.
Meanwhile, its annual earnings per share averaged -1201.57%. With a float of $145.94 million, this company’s outstanding shares have now reached $161.83 million.
Ready Capital Corp (RC) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Mortgage Industry. The insider ownership of Ready Capital Corp is 9.98%, while institutional ownership is 62.04%. 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 its latest quarterly report, released on 12/31/2024, the company reported earnings of -0.03 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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 -1201.57% per share during the next fiscal year.
Ready Capital Corp (NYSE: RC) Trading Performance Indicators
Here are Ready Capital Corp’s current performance indicators. According to the last quarter’s results, the 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 0.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.96, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.32 in one year’s time.
Technical Analysis of Ready Capital Corp (RC)
Let’s dig in a bit further. During the last 5-days, its volume was 13.87 million. That was better than the volume of 2.74 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 22.65%.
During the past 100 days, Ready Capital Corp’s (RC) raw stochastic average was set at 5.89%, which indicates a significant decrease from 19.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.14 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 $2.77, while its 200-day Moving Average is $3.97. However, in the short run, Ready Capital Corp’s stock first resistance to watch stands at $2.28. Second resistance stands at $2.32. The third major resistance level sits at $2.39. If the price goes on to break the first support level at $2.17, it is likely to go to the next support level at $2.10. The third support level lies at $2.06 if the price breaches the second support level.
Ready Capital Corp (NYSE: RC) Key Stats
With a market capitalization of 361.54 million, the company has a total of 162,126K Shares Outstanding. Currently, annual sales are 896,980 K while annual income is -435,760 K. The company’s previous quarter sales were 137,490 K while its latest quarter income was -18,750 K.
