Real Estate [ 4/13 ] | REIT - Mortgage [ 34/164 ]
NYSE | Common Stock
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 company originates, acquires, finances, and services lower-to-middle-market (LLM) commercial real estate loans, small business administration (SBA) loans, residential mortgage loans, construction loans, and mortgage-backed securities collateralized primarily by LLM loans, or other real estate-related investments.
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 purchased future receivables.
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.
| Reported date | EPSChange YoY | EstimateSurprise |
|---|---|---|
| May 8, 24 | 0.29 Decreased by -3.33% | 0.26 Increased by +11.54% |
| Feb 27, 24 | 0.26 Decreased by -38.10% | 0.32 Decreased by -18.75% |
| Nov 7, 23 | 0.28 Decreased by -36.36% | 0.36 Decreased by -22.22% |
| Aug 7, 23 | 0.35 Decreased by -23.91% | 0.37 Decreased by -5.41% |
| May 8, 23 | 0.30 Decreased by -42.31% | 0.41 Decreased by -26.83% |
| Feb 27, 23 | 0.42 Decreased by -37.31% | 0.43 Decreased by -2.33% |
| Nov 7, 22 | 0.44 Decreased by -31.25% | 0.45 Decreased by -2.22% |
| Aug 4, 22 | 0.46 Decreased by -11.54% | 0.46 |
| Fiscal ending date | RevenueChange YoY | IncomeChange YoY | ProfitChange YoY |
|---|---|---|---|
| Mar 31, 24 | 270.36 M Increased by +248.95% | -74.28 M Decreased by -311.38% | Decreased by -27.48% Decreased by -160.58% |
| Dec 31, 23 | 316.35 M Increased by +245.48% | 9.76 M Decreased by -14.76% | Increased by +3.09% Decreased by -75.33% |
| Sep 30, 23 | 126.15 M Decreased by -1.73% | 45.66 M Decreased by -25.43% | Increased by +36.20% Decreased by -24.11% |
| Jun 30, 23 | 95.12 M Decreased by -14.52% | 248.88 M Increased by +360.11% | Increased by +261.65% Increased by +438.25% |
| Mar 31, 23 | 77.48 M Decreased by -39.95% | 35.14 M Decreased by -42.85% | Increased by +45.36% Decreased by -4.82% |
| Dec 31, 22 | 91.57 M Decreased by -11.52% | 11.45 M Decreased by -78.48% | Increased by +12.51% Decreased by -75.67% |
| Sep 30, 22 | 128.37 M Increased by +22.50% | 61.23 M Increased by +33.75% | Increased by +47.70% Increased by +9.19% |
| Jun 30, 22 | 111.27 M Increased by +21.13% | 54.09 M Increased by +77.58% | Increased by +48.61% Increased by +46.61% |