A new trading day began on Monday, with Ready Capital Corp (NYSE: RC) stock price down -5.57% from the previous day of trading, before settling in for the closing price of $3.77. RC’s price has ranged from $3.70 to $7.64 over the past 52 weeks.
Meanwhile, its annual earnings per share averaged -268.78%. With a float of $151.11 million, this company’s outstanding shares have now reached $164.33 million.
The extent of productivity of a business whose workforce counts for 475 workers is very important to gauge.
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 8.04%, while institutional ownership is 67.85%. 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 9/30/2024, the company reported earnings of -0.28 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 0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -268.78% 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 0.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.90, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach 0.20 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 2.68 million was superior to 2.41 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 6.02%.
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 0.14 in the past 14 days, which was lower than the 0.15 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.10, while its 200-day Moving Average is $5.01. Now, the first resistance to watch is $3.71. This is followed by the second major resistance level at $3.85. The third major resistance level sits at $3.93. If the price goes on to break the first support level at $3.49, it is likely to go to the next support level at $3.41. The third support level lies at $3.27 if the price breaches the second support level.
Ready Capital Corp (NYSE: RC) Key Stats
With a market capitalization of 585.01 million, the company has a total of 164,327K Shares Outstanding. Currently, annual sales are 896,980 K while annual income is -435,760 K. The company’s previous quarter sales were 152,740 K while its latest quarter income was -55,490 K.
