
RC Stock Forecast & Price Target
RC Analyst Ratings
Bulls say
Ready Capital Corp has demonstrated significant revenue generation potential, as evidenced by the successful sale of $494 million in multifamily bridge loans, which resulted in net proceeds of $85 million. Despite a noted increase in non-accrual loans to 88.4% from the prior quarter, the company identifies improving conditions in the market, suggesting opportunities for increased loan origination. The overall outlook remains positive, driven by these strategic loan sales and the recognition of select opportunities within the real estate financing landscape.
Bears say
Ready Capital Corp's stock outlook is negatively impacted by a decline in cash yield, which fell to 5.3% from 5.7% in the previous quarter, indicating decreasing revenue efficiency. Additionally, projections estimate a decline in tangible book value (TBV) to $9.40 by year-end 2025, down from $10.14 in the second quarter, reflecting a downward trend in financial stability with a year-over-year decrease of 20%. Furthermore, various risk factors, including credit deterioration and higher financing costs, contribute to a challenging operational environment that could impede revenue growth and profitability.
This aggregate rating is based on analysts' research of Ready Capital Corp and is not a guaranteed prediction by Public.com or investment advice.
RC Analyst Forecast & Price Prediction
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