Ready Capital Corporation Stock News

Big dividends sound great, but how about big losses? Since Q2 2025 began, book values got smacked. Not talking about share prices. You can tell if the share price declined (hopefully). That would be a worthless article. One of these high-yield sectors has been doing much better than the others.

I've been accumulating RC's 6.50% Series E Preferreds, amid a significant year-to-date selloff. They're trading for 62 cents on the dollar and offer a 10.5% dividend yield. RC common shares are down 40% year-to-date, while the E preferreds have dipped 16%. I think the selloff is overdone and the preferreds provide a compelling risk-to-reward profile at their current level.

Ready Capital stock has tanked as bad underwriting has come back to bite. The stock trades at a 50% plus discount to tangible book value. The preferred shares yield over 10% and unsecured bonds yield even more.

Ready Capital Corporation (NYSE:RC ) Q1 2025 Earnings Conference Call May 9, 2025 8:30 AM ET Company Participants Thomas Edward Capasse - Chairman, Chief Executive Officer and Chief Investment Officer Andrew Ahlborn - Chief Financial Officer Adam Zausmer - Chief Credit Officer Conference Call Participants Doug Harter - UBS Crispin Love - Piper Sandler Christopher Nolan - Ladenburg Thalmann Jade...

- GAAP EARNINGS PER COMMON SHARE FROM CONTINUING OPERATIONS OF $0.47 - - DISTRIBUTABLE LOSS PER COMMON SHARE OF $(0.09) - - DISTRIBUTABLE EARNINGS PER COMMON SHARE BEFORE REALIZED LOSSES OF $0.00 - NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, a...

NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Ready Capital Corporation (NYSE: RC) on behalf of long-term stockholders following a class action complaint that was filed against Ready Capital on March 6, 2025 with a Class Period from November 7, 2024 to March 2, 2025. Our inve...

NEW YORK , May 5, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Ready Capital Corporation (NYSE: RC). Shareholders who purchased shares of RC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.

RC Investors with Losses Encouraged to Contact the Firm Before May 5th Deadline RC Investors with Losses Encouraged to Contact the Firm Before May 5th Deadline