Ready Capital Corp. (RC)
NYSEReal EstateReit - MortgageSnapshot 2026-11-05
$1.07-6.14%
Close 2026-11-05 · 1-day change
NYSEReal EstateReit - MortgageSnapshot 2026-11-05
QuarterlyIQ Insights · RC
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -71.5% |
| Our one-year growth estimate | diamond | -65.3% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-05.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 6.2 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Elevated risk of a next-quarter earnings miss: this name has been missing across recent quarters and operates in a high-miss-rate industry. A fundamental tilt, not a price call.
Model as of 2026-11-05 · Compared with 26 industry peers
RC — private placement
Dated 2026-09-28
Other Events. As previously disclosed in its Current Report on Form 8-K filed on September 18, 2026, Ready Capital Corporation (the “ Company ”), through its subsidiary ReadyCap Holdings II, LLC (the “ Issuer ”), priced a private placement of $225.0 million in aggregate principal amount of the Issuer's 10.00% Senior Secured Notes due 2031 (the “ New Notes ”). On September 28, 2026, the Issuer closed the offering of the New Notes on the terms previously disclosed. On September 28, 2026, ReadyC…
Why it matters: Q1 delinquencies reached 14.8% after loan sales and asset work. A lower rate would show credit stress is easing.
Supportive ifThe reported rate of delinquencies lasting 60 days or more in the core CRE portfolio falls below 14.8%.
Worry ifThe reported rate of delinquencies lasting 60 days or more stays at or above 14.8%.
Why it matters: Management plans to shift from raising cash to growing its lending businesses. Higher originations would show that shift is underway.
Supportive ifQuarterly loan originations exceed Q2's $278.8 million, with new CRE and SBA 7(a) loans reported.
Worry ifQuarterly loan originations drop below $278.8 million. Or, management says CRE and SBA lending have not restarted.
Why it matters: Condo sales can add cash as Ready Capital shifts toward lending growth. Q2 sales had reached 38% of the units.
Supportive ifThe next results report more than 50 Ritz-Carlton condo units sold, above the 50 reported in Q2.
Worry ifThe next results report 50 or fewer units sold, with the sold share still at or below 38%.
Why it matters: Management said this is its last 2026 corporate debt payment. Paying it from cash would finish a key balance sheet step.
Supportive ifA company filing confirms repayment of the $100 million note at maturity in November 2026. The company used cash on hand.
Worry ifThe company reports it did not repay the $100 million note at maturity, or used new debt to pay it.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$245 on $10,000 · ±2.5% | How much price usually moves either way. |
| Bad day | $704 loss on $10,000 · 7.0% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $6,642 loss on $10,000 · 66.4% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.