Ready Capital Corp [NYSE: RC] gained 1.61% or 0.08 points to close at $5.05 with a heavy trading volume of 3068118 shares.
The daily chart for RC points out that the company has recorded -36.56% loss over the past six months.
If we look at the average trading volume of 2.66M shares, RC reached to a volume of 3068118 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Ready Capital Corp [RC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RC shares is $5.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RC stock is a recommendation set at 3.22. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citizens JMP have made an estimate for Ready Capital Corp shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on March 03, 2025. While these analysts kept the previous recommendation, B. Riley Securities dropped their target price from $12 to $10. The new note on the price target was released on January 07, 2025, representing the official price target for Ready Capital Corp stock.
The Average True Range (ATR) for Ready Capital Corp is set at 0.21, with the Price to Sales ratio for RC stock in the period of the last 12 months amounting to 0.95. The Price to Book ratio for the last quarter was 0.48, with the Price to Cash per share for the same quarter was set at 1.01.
Trading performance analysis for RC stock
Ready Capital Corp [RC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.59. With this latest performance, RC shares dropped by -26.71% in over the last four-week period, additionally sinking by -36.56% over the last 6 months – not to mention a drop of -44.87% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RC stock in for the last two-week period is set at 36.13, with the RSI for the last a single of trading hit 39.70, and the three-weeks RSI is set at 35.38 for Ready Capital Corp [RC]. The present Moving Average for the last 50 days of trading for this stock 6.11, while it was recorded at 4.99 for the last single week of trading, and 7.40 for the last 200 days.
Ready Capital Corp [RC]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Ready Capital Corp go to 119.55%.
An analysis of Institutional ownership at Ready Capital Corp [RC]
There are presently around $61.21%, or 62.00%% of RC stock, in the hands of institutional investors. The top three institutional holders of RC stocks are: BLACKROCK INC. with ownership of 26.65 million shares, which is approximately 15.8007%. VANGUARD GROUP INC, holding 10.76 million shares of the stock with an approximate value of $$87.98 million in RC stocks shares; and VANGUARD GROUP INC, currently with $$51.09 million in RC stock with ownership which is approximately 3.504%.
