Ready Capital Corp

NYSE:RC  
4.44
-0.15 (-3.27%)
6:41:35 PM EDT: $4.50 +0.06 (+1.35%)
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Market Cap (Intraday)732.30M
Current PEN/A
Forward PE 11.38
2yr Forward PE 7.93
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Estimates Current Quarter
Revenue$75.55 Million
Adjusted EPS-$0.04
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10-Day MA$4.51
50-Day MA$4.31
200-Day MA$5.68
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Ready Capital Corp Stock, NYSE:RC

1251 Avenue of the Americas, 50th floor, New York, New York 10020-1104
United States of America
Phone: +1.212.257.4600
Number of Employees: 475

Description

Ready Capital Corp. is a real estate finance company, which engages in acquiring, managing, and financing small balance commercial loans. It operates through the following segments: SBC Lending and Acquisitions, Small Business Lending, and Residential Mortgage Banking. The SBC Lending and Acquisitions segment is involved in the SBC loans across the full life-cycle of an SBC property including construction, bridge, stabilized, and agency loan origination channels through wholly-owned subsidiary, ReadyCap Commercial, LLC. The Small Business Lending segment acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program through wholly-owned subsidiary, ReadyCap Lending, LLC. The Residential Mortgage Banking segment focuses on the residential mortgage loan origination segment through wholly-owned subsidiary, GMFS, LLC. The company was founded in November 2011 and is headquartered in New York, NY.