Ready Capital Corporation

NYSE RC

Ready Capital Corporation Free Cash Flow Per Share for the Trailing 12 Months (TTM) ending September 30, 2024: USD 1.54

Ready Capital Corporation Free Cash Flow Per Share is USD 1.54 for the Trailing 12 Months (TTM) ending September 30, 2024, a -31.57% change year over year. Free cash flow per share is the free cash flow generated per share. Indicates investment potential based on cash flow generation.
  • Ready Capital Corporation Free Cash Flow Per Share for the Trailing 12 Months (TTM) ending September 30, 2023 was USD 2.26, a 29.16% change year over year.
  • Ready Capital Corporation Free Cash Flow Per Share for the Trailing 12 Months (TTM) ending September 30, 2022 was USD 1.75, a 1,072.32% change year over year.
  • Ready Capital Corporation Free Cash Flow Per Share for the Trailing 12 Months (TTM) ending September 30, 2021 was USD -0.18, a -176.20% change year over year.
  • Ready Capital Corporation Free Cash Flow Per Share for the Trailing 12 Months (TTM) ending September 30, 2020 was USD 0.24, a 115.65% change year over year.
Key data
Date Free Cash Flow Per Share Return on Assets (ROA) Return on Equity (ROE) Return on Capital Employed (ROCE)
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NYSE: RC

Ready Capital Corporation

CEO Mr. Thomas Edward Capasse
IPO Date Feb. 8, 2013
Location United States
Headquarters 1251 Avenue of the Americas
Employees 350
Sector Real Estate
Industries
Description

Ready Capital Corporation operates as a real estate finance company in the United States. The company acquires, originates, manages, services, and finances small to medium balance commercial (SBC) loans, small business administration (SBA) loans, residential mortgage loans, and mortgage backed securities collateralized primarily by SBC loans, or other real estate-related investments. It operates through three segments: SBC Lending and Acquisitions; Small Business Lending; and Residential Mortgage Banking. The SBC Lending and Acquisitions segment, through its subsidiary, ReadyCap Commercial, LLC, originate SBC loans secured by stabilized or transitional investor properties using various loan origination channels. The Small Business Lending segment, through its subsidiary, ReadyCap Lending, LLC, acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program. The Residential Mortgage Banking segment, through its subsidiary, GMFS, LLC, originates residential mortgage loans. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Sutherland Asset Management Corporation and changed its name to Ready Capital Corporation in September 2018. Ready Capital Corporation was founded in 2007 and is headquartered in New York, New York.

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StockViz Staff

January 15, 2025

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