1. United States of America Stocks

  2. •

    Real Estate

  3. •

    REIT - Mortgage
Ready Capital Corporation

Ready Capital Corporation

RC-PC
Ready Capital CorporationUS flagNew York Stock Exchange
11.55
USD
-0.46
- -
242.31MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
17
87
122
125
194
180
198
385
296
383
398
49
-24
-30
Operating Margin (%)
56.65
11.27
-26.09
-0.24
-12.86
-67.31
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
1
1
- -
- -
- -
- -
- -
- -
- -
- -
3
6
Net Income, GAAP
7
29
40
49
43
59
73
45
158
194
339
-436
-229
-510
Effective Tax Rate (%)
- -
2.47
14.67
14.8
3.86
2.21
- -
15.4
11.24
8.84
2
- -
- -
- -
Profit Margin (%)
38.89
33.55
33.03
39.35
22.37
32.83
36.88
11.67
53.23
50.68
85.32
-883.42
965.85
1,674.87
Working Capital
48
26
3
318
-5
1,403
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
55
356
1,136
891
1,138
1,472
2,746
2,754
4,460
6,345
7,094
5,718
3,139
2,354
Total Equity
178
193
480
552
555
564
845
834
1,281
1,890
2,638
1,936
1,643
1,440
Return on Invested Capital (%)
6.54
2.21
-2.31
-0.01
-1.28
-5.63
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
12.39
9.57
4.13
3.56
3.06
10.56
- -
1.37
3.76
3.1
4.57
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
1,040.47
- -
- -
2,737.01
512.16
- -
- -
- -

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
418
385
358
LT Borrowings
3,350
3,131
2,346
LT Finance Leases
9
9
8
Preferred Equity and Hybrid Capital
111
111
111
Shares Outstanding
162
163
165
Market Capitalization
- -
- -
- -

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
148
208
201
Accounts Receivable, Net
181
96
77
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
139
115
97
ST Debt
418
385
358
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.46%
19.79%
-15.11%
Free Cash Flow
91.07%
-180.06%
57.24%
Net Income, GAAP
10.49%
14.72%
-47.47%
Sales/Revenue/Turnover
-7.11%
-45.09%
-148.05%
Total Cash Common Dividend
17.39%
23.95%
-46.82%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-67
-25
62
58
49
2025
-74
-6
44
13
-24
2026
-81
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Thomas Edward Capasse
Full Time Employees
475
Sector
Real Estate
Industry
REIT - Mortgage
Address
1251 Avenue of the Americas New York City NY United States of America 10020
IPO Date
Mar 23, 2021
CIK
0001527590
Website
readycapital.com
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Business
Ready Capital Corporation operates as a dynamic real estate finance company across the United States. This multi-strategy commercial mortgage real estate investment trust (REIT) engages in originating, acquiring, managing, financing, and servicing a diverse portfolio of commercial real estate loans, government-guaranteed small business loans, and related securities. Its offerings specifically target lower-to-middle-market (LMM) commercial properties, encompassing various stages such as construction, bridge, stabilized, and agency multifamily financing, alongside U.S. Small Business Administration (SBA) 7(a) loans and USDA loans. The company conducts its operations through two primary segments: LMM Commercial Real Estate and Small Business Lending. The LMM Commercial Real Estate segment, largely through its subsidiary ReadyCap Commercial, LLC, focuses on originating a full spectrum of LMM commercial real estate loans. The Small Business Lending segment, primarily through ReadyCap Lending, LLC, specializes in acquiring, originating, and servicing owner-occupied loans guaranteed by the SBA 7(a) Program, in addition to USDA loans. Ready Capital stands as a prominent non-bank lender within the SBA 7(a) program. Notably, the company completed the sale of its Residential Mortgage Banking segment in the second quarter of 2025, strategically narrowing its focus to its core commercial real estate and small business platforms. As an elected REIT, Ready Capital Corporation generally avoids federal corporate income taxes by distributing at least 90% of its taxable income to its shareholders. The firm was established in 2007, previously known as Sutherland Asset Management Corporation before adopting the Ready Capital Corporation name in September 2018, and maintains its headquarters in New York, New York. It is externally managed by Waterfall Asset Management, LLC.