Ready Capital Corp (RC) Stock Forecast & Price Target
Ready Capital Corp · NYSE
$1.46-0.01 (-1.02%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 4 firms covering Ready Capital Corp, 0 rate it Buy or better, 3 sit at Hold, and 1 rate it Sell or worse, a moderate sell consensus. Targets range widely, $2.00 to $4.00 (about 2.0x), a sign of real disagreement on valuation. The average target of $2.63 sits 80% above the current $1.46. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.40 next quarter toward $-0.57 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS4 ratings
Moderate Sell
Strong Buy00%
Buy00%
Hold375%
Sell125%
Strong Sell00%
Based on 4 analysts giving stock ratings to Ready Capital Corp.
As of Jul, 0 of 4 firms rate RC a Buy (3 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
RC EPS & revenue forecast
EPS · NEXT QUARTER
$-0.40
Range $-0.67 – $-0.16 · 5 analysts · -58% YoY
Next period, 5 analysts expect Ready Capital Corp to earn $-0.40 a share (range $-0.67 – $-0.16), versus $-0.94 a year earlier. Full-year consensus is $-2.01, growing to $-0.57 the year after.
REVENUE · NEXT QUARTER
$103.9M
Range $58.4M – $194.5M · 5 analysts · -24% YoY
Revenue is expected to reach $103.9M (range $58.4M – $194.5M), -24.4% year-over-year. Full-year consensus is $401.2M, rising to $299.9M 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
Jay McCanless
Wedbush · Rank #7
Hold
$9.00+518.6% to target
Overall win rate
65%
+ Follow
#2
Jade Rahmani
Keefe, Bruyette & Woods · Rank #8
Sell
$2.50+71.8% to target
Overall win rate
59%
+ Follow
#3
Douglas Harter
UBS · Rank #153
Hold
$2.00+37.5% to target
Overall win rate
39%
+ Follow
#4
Crispin Love
Piper Sandler · Rank #163
Hold
$2.00+37.5% to target
Overall win rate
43%
+ Follow
#5
Matt Howlett
B. Riley Securities · Rank #198
Hold
$10.00+587.3% to target
Overall win rate
34%
+ Follow
RC stock forecast FAQ
What is RC's average 12-month price target?+
The 4 analysts with a live target average $2.63 for Ready Capital Corp over the next 12 months, ranging from a $4.00 high to a $2.00 low.
Is RC stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Sell. Of the 4 analyst ratings, 0 are Buy or Strong Buy, 3 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for RC?+
The Street-high target is $4.00 (B. Riley Securities), and the Street-low is $2.00 (UBS). The average of all 4 active targets is $2.63.
How many Wall Street analysts cover RC?+
4 analysts have an active rating on Ready Capital Corp, and 4 firms carry a live 12-month price target.
Who is the most accurate analyst covering RC?+
Among analysts who currently cover RC, Jay McCanless of Wedbush has the strongest overall Quantellect track record (Rank #7). Their current call is Hold with a $9.00 target.
What is Ready Capital Corp's projected EPS for next quarter?+
The consensus estimate is $-0.40 per share (range $-0.67 – $-0.16) across 5 analysts. Full-year EPS is projected at $-2.01, rising to $-0.57 the following year.
How much revenue is Ready Capital Corp expected to report next quarter?+
Consensus revenue is $103.9M (range $58.4M – $194.5M). Full-year revenue is projected at $401.2M, growing to $299.9M next year.
Have analysts been upgrading or downgrading RC lately?+
As of Jul, 0 of 4 firms rate RC a Buy (3 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.
