Ready Capital Corp (RC) Stock Forecast & Price Target
Ready Capital Corp · NYSE
$1.71-0.04 (-2.29%)
15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 3 firms covering Ready Capital Corp, 0 rate it Buy or better, 2 sit at Hold, and 1 rate it Sell or worse, a moderate sell consensus. Targets are tightly clustered, $2.00 to $2.50, so the covering firms are broadly aligned. The average target of $2.17 sits 27% above the current $1.71. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.36 next quarter toward $-0.70 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS3 ratings
Moderate Sell
Strong Buy00%
Buy00%
Hold267%
Sell133%
Strong Sell00%
Based on 3 analysts giving stock ratings to Ready Capital Corp.
As of Sep, 0 of 3 firms rate RC a Buy (2 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
RC EPS & revenue forecast
EPS · NEXT QUARTER
$-0.36
Range $-0.59 – $-0.17 · 6 analysts · -15% YoY
Next period, 6 analysts expect Ready Capital Corp to earn $-0.36 a share (range $-0.59 – $-0.17), versus $-0.43 a year earlier. Full-year consensus is $-2.15, growing to $-0.70 the year after.
REVENUE · NEXT QUARTER
$84.5M
Range $64.1M – $123.4M · 6 analysts · -32% YoY
Revenue is expected to reach $84.5M (range $64.1M – $123.4M), -31.8% year-over-year. Full-year consensus is $349.2M, rising to $328.8M next year.
Top analysts covering Ready Capital Corp
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on RC.
#1
Jade Rahmani
Keefe, Bruyette & Woods · Rank #12
Sell
$2.50+46.2% to target
Overall win rate
59%
+ Follow
#2
Crispin Love
Piper Sandler · Rank #198
Hold
$2.00+17.0% to target
Overall win rate
42%
+ Follow
#3
Matt Howlett
B. Riley Securities · Rank #219
Hold
$10.00+484.8% to target
Overall win rate
35%
+ Follow
#4
Douglas Harter
UBS · Rank #257
Hold
$2.00+17.0% to target
Overall win rate
32%
+ Follow
#5
Tom Catherwood
BTIG
Hold
No targeton RC
Coverage
—
+ Follow
RC stock forecast FAQ
What is RC's average 12-month price target?+
The 3 analysts with a live target average $2.17 for Ready Capital Corp over the next 12 months, ranging from a $2.50 high to a $2.00 low.
Is RC stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Sell. Of the 3 analyst ratings, 0 are Buy or Strong Buy, 2 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for RC?+
The Street-high target is $2.50 (Keefe, Bruyette & Woods), and the Street-low is $2.00 (UBS). The average of all 3 active targets is $2.17.
How many Wall Street analysts cover RC?+
3 analysts have an active rating on Ready Capital Corp, and 3 firms carry a live 12-month price target.
Who is the most accurate analyst covering RC?+
Among analysts who currently cover RC, Jade Rahmani of Keefe, Bruyette & Woods has the strongest overall Quantellect track record (Rank #12). Their current call is Sell with a $2.50 target.
What is Ready Capital Corp's projected EPS for next quarter?+
The consensus estimate is $-0.36 per share (range $-0.59 – $-0.17) across 6 analysts. Full-year EPS is projected at $-2.15, rising to $-0.70 the following year.
How much revenue is Ready Capital Corp expected to report next quarter?+
Consensus revenue is $84.5M (range $64.1M – $123.4M). Full-year revenue is projected at $349.2M, growing to $328.8M next year.
Have analysts been upgrading or downgrading RC lately?+
As of Sep, 0 of 3 firms rate RC a Buy (2 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their RC calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
