
RC Stock Forecast & Price Target
RC Analyst Ratings
Bulls say
Ready Capital Corp has demonstrated a strong performance through significant loan sales, having sold $494 million of multifamily bridge loans in August, which resulted in net proceeds of $85 million. The company notes an improving environment for increased originations, suggesting potential growth in the LMM Commercial Real Estate segment, which is its primary revenue generator. Despite a rise in non-accrual loans, the overall outlook remains positive as the market conditions reveal select opportunities for growth.
Bears say
Ready Capital Corp is experiencing a decline in cash yield, dropping to 5.3% from 5.7% in the previous quarter, indicating potential challenges in its revenue generation capacity. The company's tangible book value (TBV) is projected to decrease to $9.40 by year-end 2025, a decline from $10.14 in the second quarter, reflecting a 2% quarter-over-quarter and a significant 20% year-over-year drop. Additionally, the company's earnings estimates falling below its dividend commitments pose substantial risks, compounded by potential credit deterioration, increased financing costs, and lower-than-expected loan origination rates.
This aggregate rating is based on analysts' research of Ready Capital Corp and is not a guaranteed prediction by Public.com or investment advice.
RC Analyst Forecast & Price Prediction
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