READY CAPITAL CORP (RC)
Financials · Real estate finance / Commercial mortgage REIT · NYSE
A multi-strategy real estate finance REIT that originates and acquires lower-middle-market commercial loans, SBA small business loans, and construction loans with $3.3B in loan assets under management.
What READY CAPITAL CORP does
Ready Capital is a multi-strategy real estate finance company and REIT that originates, acquires, finances, and services lower-middle-market (LMM) loans, Small Business Administration (SBA) loans, construction loans, and USDA loans, typically in the $1–$40 million range. The company operates through two segments: LMM Commercial Real Estate (including Freddie Mac Small Balance Loan program originations and affordable housing financing) and Small Business Lending (SBA-guaranteed owner-occupied loans). Ready Capital is externally managed by Waterfall, an SEC-registered investment adviser, and operates through an umbrella partnership REIT structure.
Themes: commercial real estate financing, small business lending / SMB credit, lower-middle-market loans, SBA loan programs, non-performing loan acquisition, mortgage servicing, real estate-backed securitization, affordable housing finance
Fundamentals
- Price$1.88 as of 2026-08-21 close
- Market cap$311M as of 2026-08-21
- 1-year return-49.3% 2025-08-21 close $3.71 → 2026-08-21 close $1.88
- P/En/a negative earnings
- Net margin-76.8% as of 2026-08-24
- Gross margin+18.1% as of 2026-08-24
- ROE-31.3% as of 2026-08-24
- Debt / equity3.46 as of 2026-08-24
- Revenue growth (YoY)-15.6% as of 2026-08-24
- Beta1.59 as of 2026-08-24
- Last reported earnings2026-08-06 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +14.3%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
How RC compares in its sector
- net profit marginbottom 10% 538 covered Financials peers, as of 2026-08-24
- operating marginbottom 10% 534 covered Financials peers, as of 2026-08-24
- gross marginbottom 10% 176 covered Financials peers, as of 2026-08-24
- return on equitybottom 10% 575 covered Financials peers, as of 2026-08-24
- indicated dividend yieldtop 10% 453 covered Financials peers, as of 2026-08-24
Position among covered Financials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, RC's dividend was covered by reported results (operating-cash-flow payout 26%). This describes past coverage, not a forecast.
- Earnings payoutnot assessable earnings not reported
- Operating-cash-flow payout26% dividends / operating cash flow — capital spending was not reported, so this does not subtract it
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How READY CAPITAL CORP looks technically
READY CAPITAL CORP (RC) is trading 3.5% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average has held below its 200-day average for at least 1101 trading days — a long-sustained "death cross", a bearish long-term signal. A strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 26, with buyers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 62, neither overbought (above 70) nor oversold (below 30). It made a new 20-day high about 2 trading days ago. It is 57.9% below its highest point of the past year.
Trend
7
| Distance from the 200-day | it is trading 3.5% below its 200-day average, the long-term trend line — a long-term downtrend | -3.5% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $1.66 | $1.66 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $1.95 | $1.95 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing high 10 calendar days ago — the swings before that are what the structure reading is measured on | 10 sessions |
| Since the 50/200 cross | its 50-day average has held below its 200-day average for at least 1101 trading days — a long-sustained "death cross", a bearish long-term signal | at least 1,101 sessions |
| Trend strength (14-day ADX) | a strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 26, with buyers in control | 26.3 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 62, neither overbought (above 70) nor oversold (below 30) | 62.2 |
|---|---|---|
| Position in its 14-day range | it is trading near the top of its 14-day range ($1.51 to $1.95) — its "stochastic" reading is 84 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 84.1 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 14 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $4.47 | $4.47 |
|---|---|---|
| From the 52-week high | it is 57.9% below its 52-week high (its highest price of the past year) | -57.9% |
| Above the 52-week low | it is 35.3% above its 52-week low (its lowest price of the past year) | +35.3% |
| Below the 52-week high | it is 57.9% below its highest point of the past year | 57.9% |
| Since a 20-day breakout | it made a new 20-day high about 2 trading days ago | 2 sessions |
| Since a 55-day breakout | it made a new 55-day high about 2 trading days ago | 2 sessions |
| All-time high | its highest closing price on record is $21.00 (set on 2013-04-09) | $21.00 |
| Given back of the 52-week move | over the past year its closes ranged ($1.43 to $4.38), and it has recovered roughly a quarter of its fall from last year’s high — 15% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $3.25 to $3.35. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 15.3% |
| From the all-time high | it is 91.0% below its all-time high | -91.0% |
| Nearest price level | it is trading 0.7% below a resistance level at $1.89 — a price it turned at twice since 2026-05-26, most recently on 2026-08-11. Since 2024-08-21 it has 3 such levels below the current price and 15 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +0.7% |
| All-time low | its lowest closing price on record is $1.39 (set on 2026-07-31) | $1.39 |
| Above the all-time low | it is 35.3% above its all-time low | +35.3% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually wide versus its own recent history (wider than about 88% of the past ~6 months) | 88th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.1004 between its high and its low — about 5.3% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.1004 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $1.34 and $1.97 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $1.34 – $1.66 – $1.97 |
| Typical daily range (% of price) | its price moves about 5.3% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 5.3% |
| Stretch from the 200-day average | it is trading 0.7 daily ranges below its 200-day average price (3.6% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 0.7 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.94× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Price gaps
2
| Gap at the open | it opened on 2026-08-21 at essentially the same price it closed at the session before — no meaningful overnight gap | 0.0% |
|---|---|---|
| Gap filled | a 2.4% gap up opened on 2026-06-18 has been "filled" 43 sessions ago — price traded back through the level the gap left behind, and it took 1 session to close | 43 sessions ago |
Price streaks
1
| Closing streak | it closed lower in its latest session, after a session that did not close lower — a single down day rather than a run | 1 session down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 19.7 percentage points (the stock gained 22.1% while the market gained 2.3%) | +19.8% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 1.5 percentage points (the stock gained 1.6% while the market gained 3.1%) | -1.5% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 4.2 percentage points (the stock gained 6.8% while the market gained 11.1%) | -4.3% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 69.8 percentage points (the stock lost 49.3% while the market gained 20.5%) | -69.8% |
Signal agreement
2
| Bullish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bullish state: a strong uptrend, with buyers in control, a fresh 20-day high, MACD momentum is positive, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 4 of 9 |
|---|---|---|
| Bearish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, lagging the market over 6 months, near the top of its 14-day range (overbought) — these describe past price behaviour, not a forecast | 4 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 0.8% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is thick, spanning 8.2% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | +0.8% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 2% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $1.84 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP. | +2.1% |
|---|---|---|
| Vs the average paid since it last reported | the price is 6% above the average price paid since it last reported on 2026-08-06 (its 8-K), so the typical buyer over that stretch is showing a gain. That average is $1.78 — a volume-weighted average of daily closes over 12 sessions, not a true tick-by-tick VWAP. | +5.7% |
Price levels it has turned at before
RC last closed at $1.88 on 2026-08-21. Since 2024-08-21 it has turned at 3 prices below its last close and 15 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $1.89 | Resistance | 0.7% above the last close | turned there twice · 2026-05-26 to 2026-08-11 |
| $1.86 | Support | 1.1% below the last close | turned there twice · 2026-06-08 to 2026-07-02 |
| $1.65 | Support | 12.5% below the last close | turned there twice · 2026-02-12 to 2026-05-15 |
| $2.17 | Resistance | 15.2% above the last close | turned there twice · 2026-03-04 to 2026-05-07 |
| $1.54 | Support | 17.8% below the last close | turned there three times · 2026-02-27 to 2026-06-03 |
| $4.06 | Resistance | 116.0% above the last close | turned there twice · 2025-05-22 to 2025-09-10 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · Broke out to a new 20-day high · in a strong, established uptrend (ADX) · At the top of its 14-day range (stochastic above 80) · Trading above the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingHold (3.14 mean, 1=Strong Buy…5=Strong Sell) — 3 analysts
- Mean price target$1.80 range $1.40 – $2.00; median $2.00
Analyst estimates, as of 2026-08-23. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for RC
- Consensus EPS estimate-$0.3821 next reporting period, as of 2026-08-23
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Severe revenue decline (-15.62% YoY) with deteriorating net margins (-76.75%) and unprofitable operations; Q1 2026 operating loss of $216.8M with negative net interest income of -$15.1M and large provision for loan losses of $70.9M","Significant credit deterioration: large realized losses on financial instruments and real estate owned (-$60.1M in Q1 2026) and substantial valuation allowances on held-for-sale loans ($74.3M); portfolio stress evident in shift from interest income gains to large loss provisions","Equity capital erosion: stockholders' equity declined from $1.64B (Dec 2025) to $1.44B (Mar 2026) with accumulated deficit reaching -$1.01B; stock price down 62.3% over one year, creating pressure on dividend sustainability and capital raising capacity"]
Insider activity (SEC Form 4)
1 open-market purchase and 2 open-market sales by insiders in the last 90 days.
- Last 90 days1 buy ($5094) · 2 sells ($5066) — 1 buying, 1 selling insiders
- Last 180 days3 buys ($83704) · 2 sells ($5066) — 2 buying, 1 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-05-29. As of 2026-08-24.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about RC's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Short interest (FINRA)
RC had 22,706,971 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
RC had 13.7% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 19.91 days to cover at the same settlement.
- Reported short interest (shares) 22,706,971
- Short interest (% of shares outstanding) 13.7%
- Prior settlement (shares) 23,047,554
- Reported change -1.48%
- Days to cover (reported) 19.91
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Blackstone Mortgage Trust
- Invesco Mortgage Capital (IVR)
- Apollo Residential Mortgage (AMTX)
- Chimera Investment (CIM)
- New York Mortgage Trust (NYMT)
- Ladder Capital (LADR)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does READY CAPITAL CORP (RC) do?
Ready Capital is a multi-strategy real estate finance company and REIT that originates, acquires, finances, and services lower-middle-market (LMM) loans, Small Business Administration (SBA) loans, construction loans, and USDA loans, typically in the $1–$40 million range. The company operates through two segments: LMM Commercial Real Estate (including Freddie Mac Small Balance Loan program originations and affordable housing financing) and Small Business Lending (SBA-guaranteed owner-occupied…
What sector is READY CAPITAL CORP (RC) in?
READY CAPITAL CORP (RC) is classified in the Financials sector. Its industry is Real estate finance / Commercial mortgage REIT. It trades on NYSE.
Does RC pay a dividend?
Yes — READY CAPITAL CORP (RC) pays a dividend, with an indicated yield of about 14.34% and 1-year non-decreasing per-share dividend streak (SEC EDGAR XBRL) (market data, as of 2026-08-24). Informational only — not financial advice.
Who are READY CAPITAL CORP's (RC) competitors?
Notable peers of READY CAPITAL CORP (RC) include Blackstone Mortgage Trust, Invesco Mortgage Capital, Apollo Residential Mortgage, Chimera Investment and New York Mortgage Trust. This peer set is informational only — not financial advice.
Is READY CAPITAL CORP (RC) overbought or oversold right now?
READY CAPITAL CORP (RC) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 62, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on RC come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.