
RC Stock Forecast & Price Target
RC Analyst Ratings
Bulls say
Ready Capital Corp has demonstrated its ability to generate significant liquidity, evidenced by the August sale of $494 million in multifamily bridge loans, resulting in net proceeds of $85 million after repaying leverage on the portfolio. Despite a rise in non-accrual loans to 5.2% from 3.7% last quarter, the company notes improving conditions for increased loan originations, highlighting selective opportunities within the market. The substantial revenue generated from the LMM Commercial Real Estate segment positions Ready Capital favorably as it continues to manage and grow its portfolio in a recovering environment.
Bears say
Ready Capital Corp has experienced a notable decline in cash yield, decreasing to 5.3% from 5.7% in the previous quarter, which could impact the company's revenue generation capabilities. The tangible book value (TBV) is projected to fall from $10.14 in the second quarter to $9.40 by year-end 2025, reflecting a 20% year-over-year decline and suggesting continued financial strain. Additionally, the company faces several risks, including credit deterioration, reduced financing availability, and lower-than-expected loan originations, all of which contribute to an overall negative outlook.
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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