Ready Capital Corporation Provides Business Update
Ready Capital Corporation has provided a business update on its de-leveraging strategy and balance sheet strengthening actions. The company completed the sale of 47 commercial real estate loans totaling $943 million in unpaid principal balance and collapsed its remaining two Collateralized Loan Obligations. Additionally, it issued a redemption notice for its 6.20% Senior Unsecured Notes due July 2026 and signed a $1 billion arrangement for off-balance sheet commercial real estate loan originations.
Ready Capital sheds $943M in CRE loans, lines up $1B funding
Ready Capital (NYSE: RC) has updated its de-leveraging strategy, completing 47 sales of commercial real estate (CRE) loans totaling $943 million in unpaid principal balance (UPB) and generating $177 million in net proceeds in Q1 2026. The company also received $444 million from principal payoffs and resolved two remaining CLOs. Furthermore, Ready Capital has signed an arrangement to fund up to $1 billion in new off-balance sheet CRE loan originations, and plans to redeem $67 million of 6.20% notes on April 22, 2026.
Ready Capital Corp (NYSE:RC) to Issue Quarterly Dividend of $0.01
Ready Capital Corp (NYSE:RC) announced a quarterly dividend of $0.01 per share, equating to a 2.6% yield, with the ex-dividend date set for March 31st. The company, a real estate investment trust, recently reported Q4 EPS of -$0.09, beating estimates, and analysts anticipate future EPS ranging from $0.93 to $1.05. Despite trading near its 52-week low, the dividend is well-covered by earnings, with a payout ratio of 7.1%.
Vanguard realigns reporting, shows 0 shares of Ready Capital (RC)
The Vanguard Group has filed an amended Schedule 13G/A report for Ready Capital Corp (RC), stating a 0% beneficial ownership of common stock. This change is due to an internal realignment on January 12, 2026, which disaggregated reporting by certain Vanguard subsidiaries, as explained in reliance on SEC Release No. 34-39538. The filing indicates a change in reporting structure rather than an economic change in ownership of Ready Capital.
Ready Capital Redeems 6.20% Senior Notes Due 2026
Ready Capital Corporation announced it will redeem all of its outstanding 6.20% Senior Notes due 2026 on April 22, 2026, using available cash. This early redemption aims to reduce interest expenses and refine the company's capital structure. TipRanks' AI Analyst, Spark, rates RC as Neutral due to weak financial performance, despite improved 2025 cash generation and management's remediation plan.
Ready Capital to redeem all 6.20% Senior Notes due 2026 for 100% of principal
Ready Capital announced its decision to redeem all outstanding 6.20% Senior Notes due 2026 on April 22, 2026. Holders will receive 100% of the principal amount along with accrued interest. The redemption will be funded using available cash, thereby reducing the company's outstanding debt.
Ready Capital (NYSE: RC) sets April 22, 2026 redemption for 6.20% notes
Ready Capital Corporation (NYSE: RC) has announced its plan to redeem all of its outstanding 6.20% Senior Notes due 2026. The redemption is scheduled for April 22, 2026, at 100% of the principal amount plus accrued and unpaid interest, funded by available cash. This action was reported in an 8-K filing on March 23, 2026.
Lost Money on Ready Capital Corporation(RC)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky
Levi & Korsinsky LLP has announced a class action securities lawsuit against Ready Capital Corporation (NYSE:RC), alleging securities fraud between November 7, 2024, and March 2, 2025. The lawsuit claims that Ready Capital concealed significant non-performing loans in its commercial real estate portfolio, misrepresenting its financial health and prospects. Shareholders who suffered losses during this period are encouraged to join the suit to seek recovery.
Ready Capital Corp (NYSE:RC) Receives Consensus Recommendation of "Reduce" from Brokerages
Ready Capital Corp (NYSE:RC) has received a "Reduce" consensus rating from six brokerages, with an average 12-month price target of $2.8125. This comes despite the company beating Q-earning and revenue estimates, as it still shows negative ROE/net margin and trades near a 52-week low. Insider activity includes a director purchasing 30,000 shares, increasing his holdings by 16.10%.
Book value per share of Ready Capital Corporation – SWB:0SZ
This page provides financial information for Ready Capital Corporation (SWB:0SZ) listed on the Stuttgart Stock Exchange. It specifically focuses on the book value per share. The content appears to be a financial data portal displaying key metrics for the company.
[EFFECT] Ready Capital Corp SEC Filing
This article announces an EFFECT SEC filing by Ready Capital Corp (NYSE: RC). The filing, which received an effectiveness date of March 13, 2026, pertains to a Notice of Effectiveness filing with the SEC. The article also provides an overview of Ready Capital Corp's stock data, recent news, and other SEC filings.
Ready Capital Corporation Declares First Quarter 2026 Dividends
Ready Capital Corporation has declared quarterly cash dividends for the first quarter of 2026 on both its common stock and several series of preferred stock. This move signals the company's financial stability and its commitment to delivering value to shareholders, even amidst economic challenges in the real estate market. The dividends will be payable in April 2026 to shareholders recorded by March 31, 2026.
Ready Capital (RC) Maintains Quarterly Dividend at $0.01 Per Sha
Ready Capital (RC) announced it will maintain its quarterly dividend at $0.01 per share, reflecting a forward yield of 2.3%. The company is undergoing a strategic repositioning to generate $850 million in free cash flow and reduce its commercial real estate portfolio by 60% by 2026. Despite a negative revenue, the company shows a high net margin and free cash flow yield, though its financial health is mixed with a distressed Altman Z-Score and high leverage, signaling potential undervaluation but also risks.
Ready Capital declares $0.01 dividend
Ready Capital (NYSE: RC) declared a quarterly dividend of $0.01 per share. The dividend is payable on April 26, 2026, to shareholders of record as of March 28, 2026. The ex-dividend date is March 27, 2026.
Ready Capital to pay April cash dividends on common and preferred shares
Ready Capital Corporation has declared quarterly cash dividends for the first quarter ended March 31, 2026. This includes a common stock dividend of $0.01 per share and preferred share dividends of $0.390625 for Series C and $0.40625 for Series E. All dividends are payable in April 2026 to shareholders of record as of March 31, 2026.
Ready Capital Corporation Declares First Quarter 2026 Dividends
Ready Capital Corporation has announced its first-quarter 2026 cash dividends for common stock and preferred shares. The company declared dividends of $0.01 per share for common stock, $0.390625 per share for Series C Preferred Stock, and $0.40625 per share for Series E Preferred Stock. These payments underscore the company's financial stability and commitment to shareholder value amidst uncertainties in the commercial real estate market, with dividends payable in late April 2026 to shareholders of record as of March 31, 2026.
READY CAPITAL CORPORATION 6.20% SENIOR NOTES DUE 30/07/2026 USD25 To Go Ex-Dividend On April 15th, 2026 With 0.3875 USD Dividend Per Share
READY CAPITAL CORPORATION 6.20% SENIOR NOTES DUE 30/07/2026 USD25 (RCB.US) will go ex-dividend on April 15th, 2026, with a dividend of 0.3875 USD per share. Shareholders of record on that date will receive the dividend on April 30th, 2026. The article also explains the differences between cash and stock dividends.
Equity grant gives Ready Capital (NYSE: RC) director 58,252 shares
Ready Capital Corp director Marshall Meredith was granted 58,252 shares of restricted common stock on March 5, 2026, under the company's 2023 Equity Incentive Plan. These shares were awarded at no cash cost and will vest in four equal installments throughout 2026. Following this grant, Meredith directly owns a total of 98,346 shares of Ready Capital common stock.
RCC Financials: Income Statement, Balance Sheet & Cash Flow
This article provides a detailed financial overview of Ready Capital Corp (RCC), including its income statement, balance sheet, cash flow statement, and key financial ratios. It highlights a net income of -$430.4M and revenue of $897.0M in fiscal year 2024, alongside a neutral Piotroski F-Score and mixed earnings quality. The data, spanning 13 years of annual and quarterly performance, is derived from SEC filings.
Ready Capital (NYSE: RC) registers $500M shelf; $78.4M ATM common allocation
Ready Capital Corporation has filed a Post-Effective Amendment No. 1 to its Form S-3 shelf registration, allowing it to offer up to $500 million in various securities, with a specific allocation of $78.4 million for common stock through an at-the-market sales agreement. The company expects to no longer be considered a "well-known seasoned issuer" upon filing its 2025 annual report. This filing outlines the types of securities that may be offered, including common and preferred stock, debt securities, warrants, and rights, and details the terms for their potential issuance.
Ready Capital 10-K: $569.2M Interest Income, $(1.44) Diluted EPS
Ready Capital (RC) reported $569.2 million in interest income for the year, alongside a net loss attributable to the company of $236.9 million, resulting in a diluted net loss per common share of $(1.44). The company's 10-K filing details strategic shifts including the sale of its Residential Mortgage Banking segment and acquisitions aimed at expanding its origination and lending platforms. These changes have led to a focus on LMM Commercial Real Estate and Small Business Lending.
RC Financials: Income Statement, Balance Sheet & Cash Flow
This article provides a detailed financial overview of Ready Capital Corp (RC), presenting its income statement, balance sheet, cash flow statement, and key financial ratios through fiscal year 2025. Derived from SEC filings, the data reveals a decrease in revenue and dividends, negative net income, and a "weak" Piotroski F-Score, indicating financial challenges for the company. The analysis covers profitability, leverage, operating efficiency, and earnings quality, highlighting specific metrics and their year-over-year changes.
Ready Capital’s Financial Update Sparks Investor Interest
Ready Capital Corporation's stock has risen by 13.07% following a better-than-expected Q3 earnings report, where distributable EPS hit $0.43 against an expected $0.14. Despite existing financial strain and high debt, strategic leadership changes and liquidity plans aimed at navigating commercial real estate pressures have fostered positive investor sentiment. The company's strong cash flow from operations suggests a potential to overcome vulnerabilities, with analysts eyeing a near-term price target of $2.50 if operational improvements continue.
Ready Capital Announces Leadership Changes Amid Market Challenges
Ready Capital Corporation (RC) has announced leadership changes and strategic capital maneuvers, leading to a 13.07% stock price increase. Despite past negative profitability metrics and declining revenue, the company's Q3 distributable EPS significantly exceeded expectations, and its book value per share remains robust. These actions indicate a proactive approach to address market challenges and a cautiously optimistic outlook for its future performance.
Ready Capital Corporation (NYSE:RC) Q4 2025 Earnings Call Transcript
Ready Capital Corporation (NYSE:RC) held its Q4 2025 earnings call, discussing a comprehensive balance sheet repositioning strategy with three key priorities: strengthening liquidity, selling underperforming CRE assets, and positioning for future growth. The company aims to generate over $850 million in free cash, reduce its legacy CRE book by 60% to approximately $2 billion, and has made significant leadership changes to support these efforts. Despite a GAAP loss in Q4, management expressed confidence in their liquidity plan, noting substantial progress and strategic asset management decisions aimed at improving earnings capacity and reducing leverage.
Ready Capital Reports $234.2M Quarterly Loss, $228.9M Annual Loss - News and Statistics
Ready Capital Corporation, a New York-based real estate investment trust, announced a significant loss for its fiscal year's final quarter, totaling $234.2 million, or $1.46 per share. For the full fiscal year, the company reported an annual loss of $228.9 million, or $1.44 per share, with annual revenue of $55 million. The quarterly revenue stood at $124 million, with an adjusted revenue of $13.1 million.
Ready Capital Corp (RC) Q4 2025 Earnings Call Highlights: Naviga
Ready Capital Corp (RC) reported a GAAP loss and increased nonaccrual loans in Q4 2025, but is focusing on a strategic liquidity plan to strengthen its financial position. The company aims to generate approximately $380 million in free cash from portfolio sales and asset management resolutions, with a target of an additional $500 million by year-end. This strategy includes repositioning its commercial real estate (CRE) portfolio and increasing capital allocation to its high-ROE SBA business.
Ready Capital (RC) Q4 2025 Earnings Transcript
Ready Capital (RC) provided Q4 2025 earnings, revealing a strategic repositioning to address 2026 debt maturities by generating $380 million in free cash flow and targeting $850 million through CRE asset sales. The company's book value per share decreased by 14% due to increased valuation and CECL reserves. Management announced a 25% operating cost reduction, a shift in capital allocation towards small business lending, and encouraging progress on the Ritz property's sales and hotel performance.
Earnings call transcript: Ready Capital Q4 2025 reveals significant losses
Ready Capital Corporation reported substantial losses in Q4 2025, with GAAP loss at $1.46 per share and distributable earnings loss of $0.43 per share, significantly missing forecasts. The company is actively repositioning its balance sheet by shifting towards SBA lending, generating liquidity through asset sales and runoff, and reducing operating costs to achieve long-term profitability. Despite a negative market reaction with a 3.68% stock price decline, management expressed confidence in their strategy to improve financial performance and meet debt maturities by late 2026.
Ready Capital Corp. Appoints Dominick Scali as Chief Credit Officer
Ready Capital Corporation (NYSE: RC) has appointed Dominick Scali as its Chief Credit Officer and Co-President of ReadyCap Commercial, LLC. Additionally, David Cohen has been elevated to Co-President of ReadyCap Commercial, LLC. These appointments aim to help the company navigate current challenges in the commercial real estate business and capitalize on new opportunities, as noted by CEO Thomas Capasse.
Ready Capital (NYSE:RC) Issues Earnings Results, Beats Estimates By $0.02 EPS
Ready Capital (NYSE:RC) reported Q4 earnings of ($0.09) per share, surpassing analyst estimates by $0.02, with revenue of $207.55 million also exceeding expectations. Despite beating estimates, the company's profitability metrics remain weak, showing a negative return on equity and net margin. Ready Capital also announced a significant cut in its quarterly dividend to $0.01 and its stock is trading near its 1-year low, with analysts maintaining a "Reduce" rating and lowered price targets.
Ready Capital names new executives, chief credit officer steps down
Ready Capital Corporation announced significant leadership changes, including the appointment of Dominick Scali and David Cohen as Co-Presidents of ReadyCap Commercial, LLC, and Matt Cohen as Head of Operations and Chief Technology Officer. Gary Taylor stepped down as COO but remains CEO of ReadyCap Lending, LLC, while Adam Zausmer resigned as Chief Credit Officer. These changes occur as the company navigates challenges, with its stock near a 52-week low, but InvestingPro analysis suggests it is undervalued with a dividend yield of 2.41%.
Real estate lender Ready Capital reshuffles top roles amid CRE challenges
Ready Capital Corporation announced significant leadership changes, appointing Dominick Scali as Chief Credit Officer and Co-President of ReadyCap Commercial, and elevating David Cohen to Co-President of ReadyCap Commercial. Gary Taylor stepped down as COO, with Matt Cohen promoted to Head of Operations and CTO, and Adam Zausmer resigned as Chief Credit Officer. These adjustments are intended to help the company navigate current challenges in the commercial real estate (CRE) business and capitalize on new opportunities.
Ready Capital Corporation - Corporate Bond (RCD) Price Target Increased by 25.05% to 42.39
The average one-year price target for Ready Capital Corporation - Corporate Bond (NYSE: RCD) has been increased by 25.05% to $42.39 per share, up from $33.90. This new target represents a 96.91% increase from its last reported closing price of $21.53. The article also details institutional ownership changes, highlighting key funds holding positions in RCD.
Ready Capital (NYSE:RC) Share Price Crosses Below Two Hundred Day Moving Average - Time to Sell?
Ready Capital (NYSE:RC) shares recently dropped below their 200-day moving average, trading as low as $1.6650. Several analysts have downgraded the stock and cut price targets, leading to a "Reduce" consensus rating with an average target of $3.55. The company exhibits weak fundamentals including a negative P/E ratio, and recently reduced its quarterly dividend, prompting concerns about its future performance.
Ready Capital Corporation Announces Fourth Quarter and Full Year 2025 Results and Webcast Call
Ready Capital Corporation (NYSE: RC) is scheduled to release its fourth quarter and full year 2025 financial results after the NYSE closes on Thursday, February 26, 2026. The company will host a webcast and conference call on Friday, February 27, 2026, at 8:30 a.m. ET to discuss these results and provide a business update for the period ended December 31, 2025. A replay of the call will be available until March 13, 2026.
Ready Capital Corporation Announces Fourth Quarter and Full Year 2025 Results and Webcast Call
Ready Capital Corporation (NYSE: RC) has announced that it will release its fourth quarter and full year 2025 financial results on Thursday, February 26, 2026, after the New York Stock Exchange closes. Following the release, management will host a webcast and conference call on Friday, February 27, 2026, at 8:30 a.m. Eastern Time to discuss these results and provide a general business update. The company encourages participants to use the webcast, which will be available on its website, due to potential extended wait times for the dial-in conference call.
Ready Capital Corp Announces Quarterly Dividend of $0.01 (NYSE:RC)
Ready Capital Corp (NYSE:RC) declared a quarterly dividend of $0.01 per share, payable on January 30th to shareholders of record by December 31st. The real estate investment trust has seen its dividend payment slightly decrease over the last three years and currently has an 89.3% payout ratio, though future earnings are expected to cover this at a 47.6% payout ratio. The company's stock recently traded down to $2.21, reflecting a negative net margin and EPS of -$0.10 for the last quarter.
Tampa hotel gets $20 million in financing
Linchris Hotel Corp., owner of the Sheraton Tampa Brandon Hotel, has secured $20.07 million in financing through Ready Capital, with JLL Capital Markets representing Linchris. The 266-unit hotel, purchased by Linchris in 2016 for $15.84 million, features extensive meeting space and is the company's only Florida property. The terms and purpose of the financing were not disclosed.
Ready Capital (RC) Closes Broadmark Merger, Ups CRE Lending
Ready Capital (RC) has completed its merger with Broadmark Realty Capital, enhancing its position as a non-bank lender in the commercial real estate market and becoming the fourth-largest commercial mortgage REIT. The integration expands its CRE lending platform to include residential and commercial construction loans, offering broader geographic reach and diverse product offerings. This strategic move is expected to immediately de-leverage RC's portfolio, generate mid-teen returns from deploying Broadmark's capital, and be accretive to earnings in 2024 through operational efficiencies.
Ready Capital Corporation Stockholders Approve Issuance of Common Stock in Merger with Broadmark Realty Capital Inc.
Ready Capital Corporation stockholders have approved the issuance of common stock for its merger with Broadmark Realty Capital Inc. The merger is expected to close on May 31, 2023, with Broadmark stockholders receiving 0.47233 shares of Ready Capital common stock for each share owned. This strategic move aims to combine the two real estate finance companies.
'We've seen this movie before,' says Waterfall Asset co-founder on trouble in commercial real estate
Tom Capasse, co-founder of Waterfall Asset Management, anticipates a wave of distress in the U.S. commercial real-estate market due to rising interest rates and tighter credit. Despite the challenges, his firm has closed a new $485 million Atlas Fund to invest in commercial real estate, distressed loans, and bonds. Capasse suggests that while the situation is concerning, it's a familiar scenario for experienced distressed property investors.
Ready Capital Saves Broadmark Realty From Collapse (NYSE:BRMK)
Ready Capital (RC) is merging with Broadmark Realty (BRMK) in an all-stock transaction where Broadmark shareholders will receive 0.47233 shares of Ready Capital per Broadmark share. This acquisition is seen as a rescue for Broadmark, whose distributable earnings and monthly dividend payouts were significantly declining. The deal is expected to have an immediate deleveraging effect on Ready Capital's balance sheet.
Ready Capital Corporation Announces Growth in Origination Activity and Expanded Access to Capital
Ready Capital Corporation reported strong origination activity in Q2 2022, reaching $1.2 billion in commercial real estate and small business lending. The company also successfully raised capital through securitizations, including a $754.2 million CRE CLO and a $276.8 million fixed-rate securitization, and sold $120 million in senior notes. CEO Thomas Capasse highlighted that these capital resources provide a significant advantage in challenging market conditions and anticipate a healthy deal flow for their lending programs.
Small and mid-balance commercial property loans drive Ready Capital’s $276.8 million offering
Ready Capital is launching its seventh mortgage trust, offering $276.8 million in commercial mortgage-backed securities (CMBS) backed by 30 small- and mid-balance loans. The portfolio consists of seasoned collateral, with half of the loans originated before Q1 2020. The offering includes retail, industrial, office, and multifamily properties, with anticipated ratings ranging from 'AAA' to 'B-' by KBRA and 'Aaa' to 'A3' by Moody's.
Ready Capital Acquires Red Stone
Ready Capital Corp. has acquired Red Stone and its affiliates to expand its footprint in the affordable housing sector. The acquisition involved cash, stock, and the assumption of certain Red Stone guarantees, with Red Stone's management team joining Ready Capital. This move aims to boost Ready Capital's affordable housing business and benefit its shareholders by diversifying its portfolio into a sector with low correlation to its existing businesses.
Ready Capital Acquires Red Stone
Ready Capital Corp. (NYSE:RC) has acquired Red Stone, an affordable housing finance firm, and its affiliates. This acquisition is expected to diversify Ready Capital’s business and expand its presence in the affordable housing sector, with Red Stone's management team and employees joining Ready Capital. Red Stone, known for providing mortgage capital for tax-exempt and taxable bond-financed properties, has financed over $4.6 billion in mortgage debt and equity capital for affordable and mixed-income rental properties since 2002.
Ready Capital Corp. Appoints Adam Zausmer as Chief Credit Officer
Ready Capital Corporation (NYSE: RC) has appointed Adam Zausmer as its new Chief Credit Officer. Zausmer, who joined Ready Capital's manager in 2013, brings extensive experience in commercial real estate and credit. The company's CEO, Thomas Capasse, anticipates his leadership will be crucial for the company's future growth and success.
