Ready Capital Corporation operates as a real estate finance company in the United States.
Ready Capital stock last closed at $8.87, up 1.84% from the previous day, and has decreased 14.63% in one year. It has underperformed other stocks in the REIT - Mortgage industry by 0.13 percentage points. Ready Capital stock is currently +7.52% from its 52-week low of $8.25, and -25.9% from its 52-week high of $11.97.
At the moment, there are 172.55M RC shares outstanding. The market value of RC is $1.53B. In the past 24 hours, 1.07M RC shares were traded.
How to Buy Ready Capital Stock
Wondering how to invest in Ready Capital stock? Here's how.
Choose where to buy Ready Capital stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Ready Capital stock.
Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
Deposit funds into your investment account: Pick your payment method and add your information.
Research Ready Capital stock: The Ready Capital ticker symbol is RC. Is Ready Capital stock a good investment? Should you buy shares of RC? How do RC's underlying business fundamentals look? Do top analysts think Ready Capital is a good buy? Why has RC's stock price moved recently? (Hint: Our stock research website can help you understand if RC is a good stock to buy).
Place your RC purchase: Decide if you will purchase RC shares at the current market price or use a limit order to purchase RC shares at a specific price.
Keep tabs on your RC position: Create a watchlist to important updates regarding your investment in Ready Capital shares.
Step 1: Choose where to buy Ready Capital stock
You need an online brokerage account in order to access the NYSE market and buy RC shares.
A brokerage account is an investment account that allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.
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Step 2: Create a brokerage account
Now that you've picked the best brokerage, you need to fill out some personal details so you are able to invest in RC stock today.
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Step 4: Research Ready Capital stock
Once you have selected the best place to buy Ready Capital stock, it's crucial to evaluate their stock before you invest, so you can understand the risk as well as the upside.
Ready Capital stock at a glance
RC Price
$8.87
1w %
6.48%
1y %
-14.63%
5y %
-40.27%
P/E
3.94x
P/B
0.6x
P/S
2.07x
PEG
1.32x
Revenue
$630.58M
Earnings
$323.46M
Fore. Rev. Growth
-56.32%
Fore. Earn. Growth
N/A
Market Cap
$1.53B
Next Earnings
May 6, 2024
Next Dividend
Apr 30, 2024
RC Fundamentals
WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on RC's stock page.
How is RC stock valued?
You can use many financial metrics, analyses, models, and charts to gauge RC's true value.
Using relative valuations measures:
RC could be undervalued based on its P/E ratio of 3.94x, relative to REIT - Mortgage industry P/E ratio of 37.68x
RC may be undervalued based on its P/B ratio of 0.6x, relative to REIT - Mortgage industry P/B ratio of 0.72x
RC could be overvalued based on its PEG ratio of 1.32x
Last year, RC earnings were $323.46M. Over the past five year, RC's earnings have gone up by 4.11% per year. This was faster than the REIT - Mortgage industry average of -10.98%.
Last year, RC revenue was $630.58M. During the past five year, RC's revenue has gone up by 25.02% per year. This was faster than the REIT - Mortgage industry average of 5.8%.
Ready Capital pays a dividend of 15.33%, compared to the REIT - Mortgage industry's average dividend yield of 13.57%. If you owned $1,000 of RC stock, you would have received $153.33 in the past year.
Ready Capital dividend payments have not consistently grown over the past decade and have not remained stable.
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Step 5: Place your RC purchase
You have two main types of orders:
Market order: A market order is an order to buy or sell a security at the best possible price. Market orders are usually the easiest way to buy.
Limit order: A limit order allows you to buy or sell a stock at a specific price (or better). If you want to make sure you're buying or selling at a given dollar amount limit, use a limit order.
Press the Open button and your broker will execute the order.
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How much does it cost to buy one Ready Capital share?
As of Apr 23, 2024, it costs $8.87 to buy one share of Ready Capital stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $4, you can buy 0.451 shares of RC.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.