
Ready Capital Corporation (RC) Shareholder/Analyst Call Prepared Remarks Transcript
Ready Capital Corporation, is a real estate finance company in the United States. The company is headquartered in New York, New York.
| Revenue (TTM) | $-238.20M |
| Gross Profit (TTM) | $-279.29M |
| EBITDA | — |
| Operating Margin | 162.70% |
| Return on Equity | -28.50% |
| Return on Assets | -6.12% |
| Revenue/Share (TTM) | $-1.45 |
| Book Value | $7.43 |
| Price-to-Book | 0.22 |
| Price-to-Sales (TTM) | 5.91 |
| EV/Revenue | 195.24 |
| EV/EBITDA | 15.96 |
| Quarterly Earnings Growth (YoY) | 305.30% |
| Quarterly Revenue Growth (YoY) | 1.00% |
| Shares Outstanding | $180.22M |
| Float | $145.64M |
| % Insiders | 10.58% |
| % Institutions | 61.03% |
Volatility is currently contracting

Ready Capital Corporation (RC) Shareholder/Analyst Call Prepared Remarks Transcript

The Cohen & Steers Infrastructure Fund offers a 7.3% monthly yield by investing in infrastructure equities, currently trading at an 8% discount to NAV and using 28% leverage. UTF's strategy combines stable, hard-asset exposure with a focus on total return, benefiting from secular tailwinds and potential rate advantages if borrowing costs fall. The Rithm Capital Corp. preferred shares yield 7% until 2026, then reset to 5-year Treasury plus 6.223%, offering potential upside to a 10% yield if not called.

Ready Capital NYSE: RC said its first-quarter 2026 results reflected continued pressure from a balance sheet repositioning plan aimed at raising liquidity, reducing leverage and addressing underperforming commercial real estate assets.

Ready Capital Corporation (RC) Q1 2026 Earnings Call Transcript

Ready Capital (RC) came out with a quarterly loss of $0.33 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to break-even earnings per share a year ago.

NEW YORK, May 01, 2026 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE: RC) (the “Company”) today announced that the Company will release its first quarter 2026 financial results after the New York Stock Exchange closes on Thursday, May 7, 2026. Management will host a webcast and conference call on Friday, May 8, 2026 at 8:30 a.m. Eastern Time to provide a general business update and discuss the financial results for the quarter ended March 31, 2026.

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Ready Capital's Series E Preferreds trade at a 54% discount to their redemption value, offering a 14% current yield. RC's common shares have suffered severe losses and dividend cuts, making them unattractive for income investors despite a steep 79% discount to book value. RC maintains sufficient liquidity, with $207.8 million in cash and $8 million in annual preferred coupon obligations, supporting continued preferred payments.

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m.

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m.
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