Advertisement
Advertisement
U.S. markets closed
Advertisement
Advertisement
Advertisement
Advertisement

Ready Capital Corporation (RC-PC)

NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
25.10+0.01 (+0.04%)
At close: 3:56PM EDT
Advertisement
Sign in to post a message.
  • D
    David
    I bought 10,000 shares about two months ago @ 14.80 average. So far this is going well, loving the divy too , buy and hold
  • A
    Al
    NEW YORK, Oct. 14, 2021 /PRNewswire/ -- Ready Capital Corporation (NYSE: RC) ("Ready Capital" or the "Company") today announced that the Company has surpassed $1 billion in SBA 7(a) Loans since it began issuing these loans under this government sponsored program. Ready Capital has grown to become the second-largest non-bank SBA lender in the United States.
  • A
    Anonymous
    Nice dip to add more… dividend is worth the investment!
    Holding enough to make 10k/year in dividends (do the math) GLTA
  • J
    JOHN
    picked up 4000 shares today. feel good about the price and the divi...
  • J
    JOHN
    bought more thank you. today is exdiv date, nice gift.
  • P
    Perry
    Next dividend announcement coming up soon. Buy now or pay a higher price later.
    Bullish
  • E
    Edward
    I've been waiting for the dividend drop rebound
  • J
    JOHN
    gos Lowe today will buy more. bring it!
  • J
    JOHN
    thumbs down and no comment...Take off.
  • A
    Al
    Ready Capital Corporation Announces Securitization of $652.5 Million in Bridge Loans
    NEW YORK, Sept. 2, 2021 /PRNewswire/ -- Ready Capital Corporation (NYSE: RC) ("Ready Capital" or the "Company") today announced the closing of a $652.5 million commercial mortgage collateralized loan obligation ("CRE CLO") with the limited right to acquire all or part of $87.8 million in future funding participation interests.
  • E
    Edward
    Should have liquidated at 16. No choice but to hold now
  • P
    Perry
    I’m loading up on the dips again.
    Bullish
  • S
    Stone Cold
    Just announced
  • L
    Lord Help Us
    Buy, Buy, Buy
  • J
    John
    Down almost two bucks over the last month or so. Any idea why?
  • T
    Tim
    Dividend increase!!

    “Ready Capital Corporation (NYSE:RC) announced that its Board of Directors declared a quarterly cash dividend of $0.35 per share of common stock and Operating Partnership unit for the quarter ended December 31, 2020. This dividend is payable on January 29, 2021 to shareholders of record as of the close of business on December 31, 2020.”
    Bullish
  • B
    Be_Positive
    RC should be getting at least $2 per share from the PPP lending as loan origination fee from SBA. That should cover the dividend for the entire year.
    How? PPP loan generation of $2.7 Bil with SBA paying loan origination fee of 5% - amounts to about $135 Mil in fee. This works out to $2.45 per share for this quarter. I am conservatively assuming $2. So, the dividend of $1.60 for this year is safe. Let us see how rest of the business performs.
    Bullish
  • J
    Jacob
    Core earnings $.70. GAAP earnings $.62. $5 million share buyback.
  • S
    Small Business Owner
    So Ready did at least 2 billion in PPP loans. And with Lendio who appears to be using Ready exclusively they claim 5.9 billion in loans. Mostly small ones. So at 5% that is 100M of fees to them for Q2. And with the next batch of PPP funding coming up I think they will do a ton more. I"m guessing 200 to 400 Million in fees they will be generating from these loans.
  • L
    Levi
    Is it possible this ever goes up to about 30?
    Or does that not happen with REIT’s?
Advertisement
Advertisement