(RC) Ready Capital - Ratings and Ratios

Ready Capital Corporation (NYSE:RC) is a real estate finance company specializing in lower-to-middle-market (LMM) commercial real estate loans and small business lending. The company operates through two primary segments: LMM Commercial Real Estate and Small Business Lending. The LMM Commercial Real Estate segment focuses on originating loans across the entire lifecycle of LMM properties, including construction, bridge, stabilized, and agency loan origination channels. This segment provides financing solutions for properties in various stages of development and stabilization, catering to the needs of developers and property owners in the lower-to-middle-market space.

The Small Business Lending segment involves acquiring, originating, and servicing loans guaranteed by the Small Business Administration (SBA) under the SBA Section 7(a) Program, as well as USDA loans. This segment also originates and services small business loans, providing capital to entrepreneurs and small businesses, particularly in rural areas. The companys product offerings include SBA loans, USDA loans, residential mortgage loans, construction loans, and mortgage-backed securities collateralized primarily by LLM loans. This diversified approach allows Ready Capital to address a wide range of financing needs across different markets and industries.

As a real estate investment trust (REIT), Ready Capital is required to distribute at least 90% of its taxable income to shareholders, enabling it to avoid federal corporate income taxes. The company, formerly known as Sutherland Asset Management Corporation, rebranded as Ready Capital Corporation in September 2018. Founded in 2007 and headquartered in New York, New York, Ready Capital has established itself as a key player in the LMM commercial real estate and small business lending sectors. For more information, visit their website at https://www.readycapital.com.

Based on the provided data, Ready Capital Corporation (NYSE:RC) is currently trading at $4.36 with a 20-day average volume of 2,317,600 shares. The stocks short-term moving averages (SMA 20: $4.46, SMA 50: $4.88) suggest recent downward momentum, while the SMA 200 ($6.48) indicates a longer-term downtrend. The Average True Range (ATR) of $0.23 reflects moderate volatility. From a fundamental perspective, the company has a market capitalization of $777.54 million, a forward P/E ratio of 7.05, and a price-to-book (P/B) ratio of 0.45, which may indicate undervaluation relative to its book value. However, the negative return on equity (RoE) of -20.74% raises concerns about profitability. Considering these factors, the stock may face continued pressure in the near term, but the forward P/E suggests potential upside if earnings expectations are met.