$6.87
2.62% today
NYSE, Dec 30, 09:48 pm CET
ISIN
US75574U1016
Symbol
RC

Ready Capital Corporation Target price 2024 - Analyst rating & recommendation

Ready Capital Corporation Classifications & Recommendation:

Buy
22%
Hold
67%
Sell
11%

Ready Capital Corporation Price Target

Target Price $8.63
Price $6.87
Potential
Number of Estimates 6
6 Analysts have issued a price target Ready Capital Corporation 2025 . The average Ready Capital Corporation target price is $8.63. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 9 analysts: 2 Analysts recommend Ready Capital Corporation to buy, 6 to hold and 1 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Ready Capital Corporation stock has an average upside potential 2025 of . Most analysts recommend the Ready Capital Corporation stock at Hold.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 1,145.41 118.80
31.28% 89.63%
Net Margin 32.96% -92.48%
13.00% 380.60%

1 Analyst has issued a sales forecast Ready Capital Corporation 2024 . The average Ready Capital Corporation sales estimate is

$119m
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. This is
88.36% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$119m 88.36%
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, the lowest is
$119m 88.36%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $1.1b 31.28%
2024
$119m 89.63%
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2025
$404m 239.86%
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2026
$413m 2.20%
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6 Ready Capital Corporation Analysts have issued a net profit forecast 2024. The average Ready Capital Corporation net profit estimate is

$-110m
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. This is
10.70% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-91.0m 26.02%
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, the lowest is
$-135m 9.59%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $378m 48.34%
2024
$-110m 129.10%
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2025
$125m 213.54%
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2026
$167m 33.73%
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Net Margin

2023 32.96% 13.00%
2024
-92.48% 380.60%
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2025
30.89% 133.40%
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2026
40.42% 30.85%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 2.24 -0.65
48.34% 129.02%
P/E negative
EV/Sales 78.30

6 Analysts have issued a Ready Capital Corporation forecast for earnings per share. The average Ready Capital Corporation <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$-0.65
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. This is
10.96% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$-0.54 26.03%
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, the lowest is
$-0.80 9.59%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $2.24 48.34%
2024
$-0.65 129.02%
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2025
$0.74 213.85%
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2026
$0.99 33.78%
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P/E ratio

Current -9.62 304.25%
2024
-10.81 12.37%
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2025
9.53 188.16%
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2026
7.12 25.29%
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Based on analysts' sales estimates for 2024, the Ready Capital Corporation stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

78.30
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and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of
10.00
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.

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 9.12 11.80%
2024
78.30 758.58%
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2025
23.04 70.58%
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2026
22.54 2.16%
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P/S ratio

Current 1.16 30.52%
2024
10.00 758.91%
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2025
2.94 70.58%
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2026
2.88 2.15%
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