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Upturn AI SWOT - About
RC 
Ready Capital Corp (RC)
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Upturn Advisory Summary
04/01/2025: RC (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -32.15% | Avg. Invested days 28 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 889.48M USD | Price to earnings Ratio - | 1Y Target Price 5.5 |
Price to earnings Ratio - | 1Y Target Price 5.5 | ||
Volume (30-day avg) 3542179 | Beta 1.51 | 52 Weeks Range 4.62 - 8.67 | Updated Date 04/1/2025 |
52 Weeks Range 4.62 - 8.67 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 9.82% | Basic EPS (TTM) -2.52 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) 115.05% |
Management Effectiveness
Return on Assets (TTM) -3.65% | Return on Equity (TTM) -17.95% |
Valuation
Trailing PE - | Forward PE 5000 | Enterprise Value 8684777472 | Price to Sales(TTM) 5.91 |
Enterprise Value 8684777472 | Price to Sales(TTM) 5.91 | ||
Enterprise Value to Revenue 255.92 | Enterprise Value to EBITDA 15.96 | Shares Outstanding 171828000 | Shares Floating 160963230 |
Shares Outstanding 171828000 | Shares Floating 160963230 | ||
Percent Insiders 1.27 | Percent Institutions 61.21 |
Analyst Ratings
Rating 3 | Target Price 8.21 | Buy 1 | Strong Buy - |
Buy 1 | Strong Buy - | ||
Hold 7 | Sell 1 | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Ready Capital Corp
Company Overview
History and Background
Ready Capital Corp was founded in 2011. It is a real estate finance company focused on small balance commercial (SBC) loans, small Business Administration (SBA) loans, and mortgage banking.
Core Business Areas
- SBC Lending: Originates, acquires, and services SBC loans, typically ranging from $1 million to $20 million.
- SBA Lending: Originates, acquires, and services owner-occupied commercial real estate loans guaranteed by the Small Business Administration (SBA).
- Mortgage Banking: Mortgage banking business.
Leadership and Structure
Thomas Capasse is the Chairman and Chief Executive Officer. The company has a typical corporate structure with a board of directors and executive management team overseeing different departments.
Top Products and Market Share
Key Offerings
- Mortgage Banking: Provides mortgage banking services.
- SBA Loans: SBA 7(a) and 504 loans for small businesses, primarily for owner-occupied commercial real estate. Competitors include banks and non-bank lenders participating in SBA programs.
- SBC Loans: Commercial real estate loans ranging from $1 to $20 million. Competitors include banks, credit unions, and other REITs specializing in commercial lending. Market share data is fragmented but Ready Capital is considered a significant player in this niche market.
Market Dynamics
Industry Overview
The commercial real estate lending market is competitive, with a mix of banks, credit unions, private lenders, and REITs. Interest rate fluctuations, economic conditions, and regulatory changes influence market dynamics.
Positioning
Ready Capital focuses on niche segments like SBC and SBA lending, offering specialized expertise and a faster, more flexible approach compared to larger institutions. SBC loan market share is estimated to be around 2% for Ready Capital.
Total Addressable Market (TAM)
The total addressable market for commercial real estate lending in the US is in the trillions of dollars. Ready Capital focuses on niche segments, positioning itself within a smaller portion of the TAM, estimated in the tens of billions for SBC/SBA lending.
Upturn SWOT Analysis
Strengths
- Specialized expertise in SBC and SBA lending
- Established platform for loan origination and servicing
- Diversified funding sources
- Experienced management team
Weaknesses
- Sensitivity to interest rate fluctuations
- Credit risk associated with lending to small businesses
- Reliance on government guarantees for SBA loans
- High operating expense ratio
Opportunities
- Expanding market share in SBC and SBA lending
- Acquiring complementary businesses or loan portfolios
- Developing new lending products and services
- Increased demand for commercial real estate financing
Threats
- Economic downturn impacting borrower repayment ability
- Increased competition from other lenders
- Changes in government regulations affecting SBA programs
- Rising interest rates increasing borrowing costs
Competitors and Market Share
Key Competitors
- BXMT
- ARR
- Ladder Capital Corp (LADR)
Competitive Landscape
Ready Capital's competitive advantages lie in its niche focus and expertise in SBC/SBA lending. Disadvantages may include smaller scale compared to larger REITs and higher sensitivity to interest rate changes.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth analysis requires a dynamic update based on recent SEC filings.
Future Projections: Future projections based on analyst consensus need to be updated with current data. Data can be found on financial news outlets.
Recent Initiatives: Recent Initiatives require a dynamic update based on current company press releases and presentations.
Summary
Ready Capital is a real estate finance company specializing in SBC and SBA lending, leveraging its expertise in these niche markets. Its strengths include a well-established platform and diversified funding sources, but it faces risks associated with interest rate fluctuations and credit quality. Expanding market share and capitalizing on increased commercial real estate financing demand present opportunities, while economic downturns and competition pose threats. Recent financial performance requires dynamic updates to reflect the most current data for an accurate assessment.
Similar Companies
ARR
ARMOUR Residential REIT Inc
ARR
ARMOUR Residential REIT Inc
BXMT
Blackstone Mortgage Trust Inc
BXMT
Blackstone Mortgage Trust Inc
LADR
Ladder Capital Corp Class A
LADR
Ladder Capital Corp Class A
Sources and Disclaimers
Data Sources:
- Company filings (SEC)
- Industry reports
- Analyst estimates (FactSet, Bloomberg)
- Company website
- Financial news outlets
Disclaimers:
This analysis is based on publicly available information and analyst estimates. It is not financial advice. Investment decisions should be based on thorough research and consultation with a financial advisor. Market share data is approximate and may vary across different sources.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Ready Capital Corp
Exchange NYSE | Headquaters New York, NY, United States | ||
IPO Launch date 2013-02-08 | Chairman, CEO & Chief Investment Officer Mr. Thomas Edward Capasse | ||
Sector Real Estate | Industry REIT - Mortgage | Full time employees 475 | Website https://www.readycapital.com |
Full time employees 475 | Website https://www.readycapital.com | ||
Ready Capital Corporation operates as a real estate finance company in the United States. It operates through two segments: LMM Commercial Real Estate and Small Business Lending. The LMM Commercial Real Estate segment originates LLM loans across the full life-cycle of an LLM property, including construction, bridge, stabilized, and agency loan origination channels. The Small Business Lending segment acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program; and acquires, originates, and services USDA loans, as well as originates and services small business loans. It originates, acquires, finances, and services lower-to-middle-market (LLM) commercial real estate loans, small business administration (SBA) loans, residential mortgage loans, construction loans, USDA loans, and mortgage-backed securities collateralized primarily by LLM loans, or other real estate-related investments. The company has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Sutherland Asset Management Corporation and changed its name to Ready Capital Corporation in September 2018. Ready Capital Corporation was founded in 2007 and is headquartered in New York, New York.
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