Ready Capital Corporation
RC

$1.18 B
Marketcap
$7.02
Share price
Country
$-0.23
Change (1 day)
$11.67
Year High
$6.99
Year Low
Categories

Ready Capital Corporation operates as a real estate finance company in the United States. The company acquires, originates, manages, services, and finances small to medium balance commercial (SBC) loans, small business administration (SBA) loans, residential mortgage loans, and mortgage backed securities collateralized primarily by SBC loans, or other real estate-related investments. It operates through three segments: SBC Lending and Acquisitions; Small Business Lending; and Residential Mortgage Banking. The SBC Lending and Acquisitions segment, through its subsidiary, ReadyCap Commercial, LLC, originate SBC loans secured by stabilized or transitional investor properties using various loan origination channels. The Small Business Lending segment, through its subsidiary, ReadyCap Lending, LLC, acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program. The Residential Mortgage Banking segment, through its subsidiary, GMFS, LLC, originates residential mortgage loans. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Sutherland Asset Management Corporation and changed its name to Ready Capital Corporation in September 2018. Ready Capital Corporation was founded in 2007 and is headquartered in New York, New York.

marketcap

P/E ratio for Ready Capital Corporation (RC)

P/E ratio as of 2023: 4.43

According to Ready Capital Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.43. At the end of 2022 the company had a P/E ratio of 6.13.

P/E ratio history for Ready Capital Corporation from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 4.43
2022 6.13
2021 6.79
2020 14.91
2019 8.88
2018 7.49
2017 10.97
2016 7.29
2015 -333.70
2014 18.00
2013 61.15
2012 27.96
2011 0.00