Ready Capital Corporation Stock News

Ready Capital reported another poor quarter with negative distributable earnings. Loans that are more than 60 days delinquent rose once again. The company borrowed more funds to buyback shares.

Ready Capital continues to face portfolio distress, despite progress in the transition. Old assets have run off or are disposed of with losses, and reinvested into RC's new focus. The dividend has endured many cuts, and continued losses make it unsustainable in my view. One bright side has been a share repurchase campaign at steep discounts to book value.

A surprising solid REIT earnings season wrapped up this week. Of the 100 equity REITs that provide full-year FFO guidance, 62% raised their outlook - above the historical 55% average. Disinflation was a surprisingly common thread across second-quarter results, with the majority of the upside revisions being driven by improved expense expectations - the highest quantity of expense reductions eve...

Ready Capital Corporation (NYSE:RC ) Q3 2025 Earnings Conference Call August 8, 2025 8:30 AM ET Company Participants Adam Zausmer - Chief Credit Officer Andrew Ahlborn - CFO & Secretary Thomas Edward Capasse - Chairman, CEO & Chief Investment Officer Conference Call Participants Christopher Whitbread Patrick Nolan - Ladenburg Thalmann & Co. Inc., Research Division Crispin Elliot Love - Piper Sa...

- GAAP LOSS PER COMMON SHARE FROM CONTINUING OPERATIONS OF $(0.31) -  - DISTRIBUTABLE LOSS PER COMMON SHARE OF $(0.14) -  - DISTRIBUTABLE LOSS PER COMMON SHARE BEFORE REALIZED LOSSES OF $(0.10) -

NEW YORK, July 31, 2025 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE: RC) (the “Company”) today announced that the Company will release its second quarter 2025 financial results after the New York Stock Exchange closes on Thursday, August 7, 2025. Management will host a webcast and conference call on Friday, August 8, 2025 at 8:30 a.m. Eastern Time to provide a general business update an...

Similar preferred shares trade at materially different prices. One of these preferred shares is surprisingly expensive. One of the best BDCs is nearing an incredibly rare threshold.

Many investors go for big yield with bigger risk. Barf. This report was recently sent to our members. We picked up shares with a 9.5% yield.