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Ready Capital Corporation - RC STOCK NEWS

Welcome to our dedicated news page for Ready Capital Corporation (Ticker: RC), a resource for investors and traders seeking the latest updates and insights on Ready Capital Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ready Capital Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ready Capital Corporation's position in the market.

Rhea-AI Summary
Ready Capital Corporation (NYSE: RC) will release its Q3 2023 financial results on November 7, 2023. A webcast and conference call will be held on November 8, 2023, to discuss the results. The webcast can be accessed on the company's website, and the conference call can be accessed by dialing the provided numbers. A replay of the call will be available on the website.
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Rhea-AI Sentiment
End-of-Day
1.4%
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Rhea-AI Summary
Ready Capital Corporation announces new financing products following a successful merger with Broadmark Realty Capital. The Small Balance Construction and Residential Finance program provides loans from $5 million to $20 million for multifamily, Build-to-Rent, and lot development projects. The program will focus on high-growth target markets in the Sun Belt, Midwest, and Pacific Northwest.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.19%
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Rhea-AI Summary
Waterfall Asset Management is expanding its insurance asset management business, forming a dedicated team to provide tailored investment solutions to insurers. The expansion will be overseen by Leo Wong and Tim Nabors, who brings over 25 years of experience in managing investments in the mortgage securities and whole loan spaces for US-based insurance companies.
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End-of-Day
0.64%
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Rhea-AI Summary
Ready Capital Corporation declares quarterly cash dividends for common stock and preferred stock.
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Rhea-AI Summary
Ready Capital Corporation reported financial results for Q2 2023, with GAAP earnings per common share of $1.87 and distributable earnings per common share of $0.36. The company completed a merger with Broadmark Realty Capital, resulting in the creation of the 4th largest commercial mortgage REIT. They also announced a $100 million stock repurchase program and declared dividends of $0.40 per share in cash. Net book value per share of common stock was $14.52 as of June 30, 2023.
Rhea-AI Impact
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End-of-Day
-0.71%
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Rhea-AI Sentiment
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-2.25%
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Rhea-AI Summary
Ready Capital partners with Esusu to offer rent reporting services to borrowers and tenants, benefiting renters and property owners.
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1.57%
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-1.76%
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0.81%
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7.55%
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buyback
Ready Capital Corporation

NYSE:RC

RC Rankings

RC Stock Data

1.46B
170.93M
1.06%
57.83%
6.3%
Other Financial Vehicles
Finance and Insurance
Link
United States of America
NEW YORK

About RC

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: acquisitions; sbc originations; sba originations, acquisitions and servicing; and residential mortgage banking. the 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 reside