|Bid||13.51 x 1000|
|Ask||13.85 x 800|
|Day's Range||12.80 - 13.72|
|52 Week Range||3.92 - 14.90|
|Beta (5Y Monthly)||1.17|
|PE Ratio (TTM)||19.36|
|Earnings Date||Mar 11, 2021|
|Forward Dividend & Yield||1.40 (10.23%)|
|Ex-Dividend Date||Mar 12, 2021|
|1y Target Est||13.93|
Ready Capital Corporation (NYSE: RC) (the "Company") today announced that the Company will release its fourth quarter 2020 financial results after the New York Stock Exchange closes on Thursday, March 11, 2021. Management will host a webcast and conference call on Friday, March 12, 2021 at 8:30 am eastern time to provide a general business update and discuss the financial results for the quarter ended December 31, 2020.
Ready Capital (RC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ready Capital Corporation (NYSE: RC) ("Ready Capital" or the "Company") announced that its board of directors declared a prorated dividend of $0.30 per share of common stock and operating partnership unit (the "Prorated Dividend"). The Prorated Dividend is payable on March 18, 2021 to common stockholders and operating partnership unitholders of record as of the close of business on March 15, 2021. The Prorated Dividend was declared by the board of directors in accordance with the Agreement and Plan of Merger, dated as of December 6, 2020 (the "Merger Agreement"), by and among Ready Capital, RC Merger Subsidiary, LLC and Anworth Mortgage Asset Corporation ("Anworth") relating to the previously announced merger of Ready Capital and Anworth. Pursuant to the terms of the Merger Agreement, the Prorated Dividend was calculated by multiplying Ready Capital's fourth quarter dividend of $0.35 per share of common stock and operating partnership unit by the number of days elapsed since December 31, 2020 through March 18, 2021 (the day prior to the expected closing date of the merger), and divided by the number of days in the first quarter. The board of directors of Ready Capital may consider declaring an additional first quarter dividend to cover the period from March 19, 2021 through March 31, 2021 or to distribute amounts in excess of what is contractually required under the Merger Agreement.