Ready Capital Corporation (RC)

Ready Capital Corp.'s stock price has declined significantly, falling by 53.85% between October 21, 2024, and October 17, 2025, with a six-month price change of -42.83%. Key events include challenging Q2 2025 financial results with a GAAP loss per share of $(0.31) and a distributable loss per share of $(0.14). The company completed strategic initiatives, including $173 million in LMM commercial real estate originations and $359 million in Small Business Lending originations. Ready Capital sold its Residential Mortgage Banking segment and repurchased approximately 8.5 million shares of its common stock at an average price of $4.41 per share. The company issued an additional $50 million in Senior Secured Notes and declared a quarterly cash dividend of $0.125 per share in September 2025. Ready Capital continues to liquidate underperforming assets, including a sale of 21 loans with a carrying value of $494 million for net proceeds of $85 million in August 2025.

Demand for Ready Capital Corp.'s products and services exhibits seasonal patterns. Commercial real estate lending typically sees increased activity in spring and summer, stabilization in fall, and a slowdown in winter. Small businesses with seasonal revenue fluctuations often require flexible credit arrangements to manage cash flow during off-peak seasons.

Ready Capital Corporation is a multi-strategy real estate finance company founded in 2007 and based in New York. It operates in the Financial sector as a publicly-traded mortgage REIT managed by Waterfall Asset Management LLC. The company originates, acquires, finances, and services lower-to-middle-market investor and owner-occupied commercial real estate loans. Its two main segments are LMM Commercial Real Estate, which originates loans across the lifecycle of LMM properties, and Small Business Lending, which acquires, originates, and services owner-occupied loans guaranteed by the SBA.

Ready Capital Corp. primarily operates in the United States, with its headquarters in New York. The company has a national presence and employs approximately 475 to 500 professionals.

Direct information detailing Ready Capital Corp.'s brand reputation, customer satisfaction, or public perception in the past year is not readily available. Financial performance, such as the reported Q2 2025 loss and stock price decline, could indirectly impact investor confidence and perception, but there are no explicit reports on the company's brand reputation with its lending clients or the general public during this period.

Ready Capital Corporation has a diverse ownership structure, including institutional, retail, and individual investors. Institutional investors own approximately 36.25% to 66.34% of the company's stock, with major shareholders including BlackRock, Inc., and Vanguard Group Inc. Insiders own approximately 1.19% to 1.31% of the company's stock. Public companies and individual investors own a substantial portion, ranging from 25.53% to 62.44% of the stock.