Ready Capital Corporation Stock News

Ready Capital showed that it was once again ready to cut its distribution, should the occasion call for it. Q3-2023 results showed that the occasion did indeed call for it. We break down the recent re

Each share has a yield of at least 12%, or will after the call date passes. Most are common shares, including one I haven't published anything positive about in a very long time. Discount to book valu

Despite big yields, these shares are still cheap. Fat dividends that grow with short-term rates are a nice hedge. The yields are between 9% and 9.5% today, but they are due for a big dividend increase

Prior to September 30, 2023, my Readers mentioned 36 equities in their comments on my articles. Some bad-news investments (Rogues) mixed with (mostly) Favorites. Thus, these are ReFa/Ro. Ten analyst-t

Mortgage REITs and BDCs had varying performances in Q3 2023, with agency mortgage REITs performing the worst and BDCs performing the best. Originator/servicer mREITs and RC outperformed their peers in

Ready Capital Corporation (RC) Q3 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Ready Capital (RC) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics c

NEW YORK, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE: RC) (the “Company”) today announced that the Company will release its third quarter 2023 financial results after the Ne

Ready Capital (RC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The house that Mickey Mouse built may be down, but it certainly doesn't look like it has been knocked out. An AI-powered disruptor in the insurance industry is taking a bit longer than hoped to turn i

Ready Capital Corporation has cut its distribution, but the reduction was less than what we expected. We go over three reasons why bears should exercise caution at these levels. We also tell you which

Rising interest rates pose challenges for many REITs by impacting debt rollovers and investor alternatives. Higher rates will add around $2 billion to the national debt over the next decade. Even more

Ready Capital is paying out a 14.5% dividend yield. The mREIT is also currently trading for 76 cents on the dollar following its merger with Broadmark Realty. There is some dividend uncertainty as its

PennyMac Mortgage Trust caused confusion with their announcement on fixed-to-floating shares, requiring re-examination of these shares. Some REITs have stated they will use 3-month Term SOFR + 26.161

Ready Capital reported Q2-2023 results with a higher provision for credit losses. Distributable income fell short of actual distributions, again. Q3-2023 should see a further drop and we tell you how