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Upturn AI SWOT - About
Ready Capital Corporation (RCB)
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Upturn Advisory Summary
04/01/2025: RCB (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
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 3.05% | Avg. Invested days 84 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.74B USD | Price to earnings Ratio 15.61 | 1Y Target Price - |
Price to earnings Ratio 15.61 | 1Y Target Price - | ||
Volume (30-day avg) 108706 | Beta - | 52 Weeks Range 23.06 - 24.84 | Updated Date 04/1/2025 |
52 Weeks Range 23.06 - 24.84 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 6.55% | Basic EPS (TTM) - |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) - | Return on Equity (TTM) 14.26% |
Valuation
Trailing PE 15.61 | Forward PE - | Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value - | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating - |
Shares Outstanding - | Shares Floating - | ||
Percent Insiders - | Percent Institutions - |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Ready Capital Corporation
Company Overview
History and Background
Ready Capital Corporation was founded in 2011. It is a real estate finance company that focuses on originating, acquiring, financing and servicing small-balance commercial (SBC) loans. The company evolved through acquisitions and organic growth, expanding its service offerings within the commercial real estate sector.
Core Business Areas
- Small Balance Commercial (SBC) Lending: Originates and services loans secured by stabilized income-producing properties, typically ranging from $1 million to $10 million.
- Small Business Administration (SBA) Lending: Originates and services SBA 7(a) loans, catering to small businesses.
- Residential Mortgage Banking: Originates and acquires residential mortgage loans.
- Investment Management: Manages capital for third-party investors in various real estate credit strategies.
Leadership and Structure
Thomas Capasse serves as the Chairman and Chief Executive Officer. The company has a typical corporate structure with various departments overseeing lending, servicing, finance, and operations. Ready Capital operates through its internal management team and several subsidiaries.
Top Products and Market Share
Key Offerings
- Small Balance Commercial (SBC) Loans: SBC loans are Ready Capital's primary product, targeting properties that require financing between $1 million and $10 million. Competitors include banks, credit unions, and other specialty finance companies. Market share data for SBC lending is fragmented, with Ready Capital holding a notable, but not dominant, position. Revenue generated from SBC lending constitutes a significant portion of Ready Capital's total revenue.
- SBA 7(a) Loans: SBA 7(a) loans are government-backed loans to small businesses. Competitors in the SBA lending market include banks, credit unions, and other SBA-approved lenders. Market share is competitive and varies year to year. Revenue from SBA loans contributes to Ready Capital's overall revenue stream, though generally less than SBC.
- Residential Mortgage Loans: Ready Capital originates and acquires residential mortgage loans. Competitors include Rocket Mortgage, United Wholesale Mortgage, and large banks. Market share is smaller compared to SBC and SBA lending.
Market Dynamics
Industry Overview
The commercial real estate finance industry is influenced by factors such as interest rates, economic growth, and property values. There is significant capital flowing through both the SBA and SBC lending markets.
Positioning
Ready Capital positions itself as a specialist in small-balance commercial lending and SBA lending, focusing on underserved segments of the market. Its competitive advantages include expertise in these niches and a vertically integrated platform for origination, servicing, and asset management.
Total Addressable Market (TAM)
The total addressable market for small balance commercial lending is estimated in the tens of billions of dollars annually. Ready Capital is positioned to capture a portion of this market through its specialized lending programs, estimating its share of the TAM to be around 5%.
Upturn SWOT Analysis
Strengths
- Specialized expertise in SBC and SBA lending
- Vertically integrated platform
- Diversified revenue streams
- Strong relationships with borrowers and brokers
Weaknesses
- Sensitivity to interest rate fluctuations
- Reliance on external funding sources
- Credit risk associated with lending
- Dependence on economic conditions
Opportunities
- Expansion into new geographic markets
- Increased demand for SBC and SBA loans
- Strategic acquisitions
- Technological advancements in lending processes
Threats
- Increased competition
- Economic downturn
- Changes in government regulations
- Rising interest rates
Competitors and Market Share
Key Competitors
- Starwood Property Trust (STWD)
- Arbor Realty Trust (ABR)
- Ladder Capital Corp (LADR)
Competitive Landscape
Ready Capital's competitive advantage lies in its focus on small-balance commercial lending, a niche that larger REITs may overlook. However, it faces competition from other specialized lenders and larger REITs with greater access to capital.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth trends are not included. Please find those in a SEC financial filing.
Future Projections: Future growth projections based on analyst estimates are not included. Please find those in a SEC financial filing.
Recent Initiatives: Recent initiatives are not included. Please find those in a SEC financial filing.
Summary
Ready Capital is a real estate finance company specializing in SBC and SBA lending. Their focus on niche markets and vertically integrated platform are strengths. They face challenges from interest rate fluctuations and economic conditions. The fragmented market offers growth opportunities, but also intense competition.
Similar Companies
- STWD
- ABR
- LADR
Sources and Disclaimers
Data Sources:
- Ready Capital Corporation Investor Relations
- SEC Filings
- Industry Reports
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market share estimates are based on publicly available information and may not be precise.
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 Corporation
Exchange NYSE | Headquaters - | ||
IPO Launch date 2019-07-25 | CEO - | ||
Sector Other | Industry Other | Full time employees 400 | Website |
Full time employees 400 | Website | ||
Ready Capital Corporation operates as a real estate finance company in the United States. The company originates, acquires, finances, and services small balance commercial (SBC) loans, small business administration (SBA) loans, and residential mortgage loans, as well as mortgage backed securities collateralized primarily by SBC loans, or other real estate-related investments. It operates through four segments: Loan Acquisitions; SBC Originations; SBA Originations, Acquisitions and Servicing; and Residential Mortgage Banking. The Loan Acquisitions segment acquires performing and non-performing SBC loans. The SBC Originations segment originates SBC loans secured by stabilized or transitional investor properties using various loan origination channels; and originates and services multi-family loan products. The SBA Originations, Acquisitions and Servicing segment acquires, originates, and services owner-occupied loans guaranteed by the SBA. The Residential Mortgage Banking segment originates residential mortgage loans through retail, correspondent, and broker channels. The company qualifies as a real estate investment trust for federal income tax purposes. It generally 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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