Throughout the last three months, 4 analysts have evaluated Ready Capital RC, offering a diverse set of opinions from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 0 | 1 | 1 | 0 |
Last 30D | 1 | 0 | 0 | 1 | 0 |
1M Ago | 1 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 0 | 0 | 1 | 0 | 0 |
Analysts have set 12-month price targets for Ready Capital, revealing an average target of $45.38, a high estimate of $151.00, and a low estimate of $8.00. This current average has decreased by 13.28% from the previous average price target of $52.33.
Decoding Analyst Ratings: A Detailed Look
A comprehensive examination of how financial experts perceive Ready Capital is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Matt Howlett | B. Riley Securities | Lowers | Buy | $12.00 | $13.00 |
Jade Rahmani | Keefe, Bruyette & Woods | Lowers | Underperform | $8.00 | $10.00 |
Patrick Scholes | Truist Securities | Raises | Buy | $151.00 | $134.00 |
Douglas Harter | UBS | Announces | Neutral | $10.50 | - |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Ready Capital. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Ready Capital compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Ready Capital's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Ready Capital's market standing. Stay informed and make well-considered decisions with our Ratings Table.
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Discovering Ready Capital: A Closer Look
Ready Capital Corp is a real estate finance company. It acquires, manages, originates, and finances small-balance commercial loans to purchase small multi-family, office, retail, mixed-use, or warehouse properties. The company's segments consist of LMM Commercial Real Estate and Small Business Lending. It generates the majority of its revenue from LMM Commercial Real Estate.
Ready Capital's Economic Impact: An Analysis
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Negative Revenue Trend: Examining Ready Capital's financials over 3 months reveals challenges. As of 30 September, 2023, the company experienced a decline of approximately -12.55% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.
Net Margin: Ready Capital's net margin excels beyond industry benchmarks, reaching 34.61%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Ready Capital's ROE stands out, surpassing industry averages. With an impressive ROE of 1.76%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.35%, the company showcases effective utilization of assets.
Debt Management: Ready Capital's debt-to-equity ratio is below the industry average at 3.14, reflecting a lower dependency on debt financing and a more conservative financial approach.
What Are Analyst Ratings?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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