Ready Capital (RC) Stock Forecast, Price Target & Predictions

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RC Stock Forecast

Ready Capital stock forecast is as follows: an average price target of $8.50 (represents a 17.89% upside from RC’s last price of $7.21) and a rating consensus of 'Hold', based on 5 wall street analysts offering a 1-year stock forecast.

RC Price Target

The average price target for Ready Capital (RC) is $8.50 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $9.00 to $8.00. This represents a potential 17.89% upside from RC's last price of $7.21.

RC Analyst Ratings

Hold

According to 5 Wall Street analysts, Ready Capital's rating consensus is 'Hold'. The analyst rating breakdown for RC stock is 0 'Strong Buy' (0.00%), 2 'Buy' (40.00%), 3 'Hold' (60.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Ready Capital Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Sep 16, 2024	Crispin Love	Piper Sandler	$8.00	$7.71	3.76%	10.96%
Sep 05, 2024	Jay McCanless	Wedbush	$9.00	$8.05	11.73%	24.83%
Feb 29, 2024	Jay McCanless	Wedbush	$11.00	$8.49	29.56%	52.57%

The latest Ready Capital stock forecast, released on Sep 16, 2024 by Crispin Love from Piper Sandler, set a price target of $8.00, which represents a 3.76% increase from the stock price at the time of the forecast ($7.71), and a 10.96% increase from RC last price ($7.21).

Ready Capital Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	3
Avg Price Target	-	-	$9.33
Last Closing Price	$7.21	$7.21	$7.21
Upside/Downside	-100.00%	-100.00%	29.40%

In the current month, the average price target of Ready Capital stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Ready Capital's last price of $7.21. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Sep 16, 2024	Piper Sandler	Neutral	Neutral	Hold
Sep 05, 2024	Keefe, Bruyette & Woods	Market Perform	Market Perform	Hold
Sep 05, 2024	Wedbush	Neutral	Neutral	Hold
Nov 14, 2023	Keefe, Bruyette & Woods	Market Perform	Market Perform	Hold
May 25, 2023	Raymond James	Outperform	Outperform	Hold
Dec 15, 2022	Keefe, Bruyette & Woods		Market Perform	Downgrade
Sep 08, 2022	B. Riley Securities	Buy	Buy	Hold

Ready Capital's last stock rating was published by Piper Sandler on Sep 16, 2024. The company gave RC a "Neutral" rating, the same as its previous rate.

Ready Capital Financial Forecast

Ready Capital Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$60.01M	$126.15M	$95.12M	$77.48M	$91.57M	$128.37M	$111.27M	$129.03M	$103.50M	$104.79M	$91.86M	$90.80M	$73.64M	$82.47M	$93.45M	$22.98M	$52.18M	$37.09M
Avg Forecast	$92.16M	$91.42M	$89.98M	$90.26M	$104.15M	$102.99M	$100.63M	$95.95M	$94.03M	$105.15M	$114.61M	$159.02M	$126.98M	$176.13M	$160.12M	$158.36M	$158.29M	$146.17M	$150.00M	$103.85M	$103.35M	$89.80M	$91.45M	$76.10M	$74.80M	$95.10M	$91.70M	$52.80M	$61.45M	$60.15M
High Forecast	$108.47M	$107.59M	$105.90M	$106.23M	$122.58M	$121.21M	$118.44M	$103.27M	$98.20M	$108.39M	$114.61M	$159.02M	$138.10M	$181.26M	$188.46M	$186.38M	$186.30M	$146.17M	$150.00M	$103.85M	$103.35M	$89.80M	$91.45M	$76.10M	$74.80M	$95.10M	$91.70M	$52.80M	$61.45M	$60.15M
Low Forecast	$66.44M	$65.91M	$64.87M	$65.07M	$75.09M	$74.25M	$72.55M	$87.02M	$90.23M	$101.90M	$114.61M	$159.02M	$117.95M	$171.01M	$115.44M	$114.17M	$114.12M	$146.17M	$150.00M	$103.85M	$103.35M	$89.80M	$91.45M	$76.10M	$74.80M	$95.10M	$91.70M	$52.80M	$61.45M	$60.15M
# Analysts	1	1	1	1	1	1	1	3	4	2	2	2	4	2	2	2	1	1	1	1	2	2	2	2	13	8	8	9	12	7
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.47%	0.72%	0.59%	0.49%	0.58%	0.88%	0.74%	1.24%	1.00%	1.17%	1.00%	1.19%	0.98%	0.87%	1.02%	0.44%	0.85%	0.62%

Ready Capital's average Quarter revenue forecast for Mar 24 based on 2 analysts is $159.02M, with a low forecast of $159.02M, and a high forecast of $159.02M. RC's average Quarter revenue forecast represents a 164.96% increase compared to the company's last Quarter revenue of $60.01M (Dec 23).

Ready Capital EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	4	2	2	2	4	2	2	2	1	1	1	1	2	2	2	2	13	8	8	9	12	7
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$24.57M	$37.41M	$254.02M	$52.70M	$171.74M	$183.50M	$147.24M	$142.35M	$117.33M	$102.45M	$85.88M	$87.73M	$68.23M	$78.38M	$82.76M	$-11.46M	$59.44M	$48.85M
Avg Forecast	$53.40M	$52.97M	$52.13M	$52.29M	$60.35M	$59.67M	$58.31M	$55.59M	$54.48M	$60.92M	$66.40M	$92.13M	$73.57M	$102.05M	$92.77M	$91.75M	$88.57M	$70.78M	$72.63M	$50.29M	$50.04M	$43.48M	$44.28M	$36.85M	$36.22M	$46.05M	$44.40M	$-3.72M	$29.75M	$29.12M
High Forecast	$62.85M	$62.34M	$61.36M	$61.55M	$71.03M	$70.23M	$68.62M	$59.84M	$56.90M	$62.80M	$66.40M	$92.13M	$80.02M	$105.02M	$109.19M	$107.99M	$106.29M	$70.78M	$72.63M	$50.29M	$50.04M	$43.48M	$44.28M	$36.85M	$36.22M	$46.05M	$44.40M	$-2.97M	$29.75M	$29.12M
Low Forecast	$38.50M	$38.19M	$37.59M	$37.70M	$43.51M	$43.02M	$42.04M	$50.42M	$52.28M	$59.04M	$66.40M	$92.13M	$68.34M	$99.08M	$66.89M	$66.15M	$70.86M	$70.78M	$72.63M	$50.29M	$50.04M	$43.48M	$44.28M	$36.85M	$36.22M	$46.05M	$44.40M	$-4.46M	$29.75M	$29.12M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.33%	0.37%	2.74%	0.57%	1.94%	2.59%	2.03%	2.83%	2.34%	2.36%	1.94%	2.38%	1.88%	1.70%	1.86%	3.08%	2.00%	1.68%

2 analysts predict RC's average Quarter EBITDA for Mar 24 to be $92.13M, with a high of $92.13M and a low of $92.13M. This is 274.92% upper than Ready Capital's previous annual EBITDA (Dec 23) of $24.57M.

Ready Capital Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	4	2	2	2	4	2	2	2	1	1	1	1	2	2	2	2	13	8	8	9	12	7
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$27.05M	$45.66M	$248.88M	$35.14M	$11.45M	$63.23M	$56.09M	$63.49M	$53.59M	$45.78M	$30.46M	$28.29M	$26.91M	$34.56M	$33.85M	$-50.45M	$20.43M	$12.10M
Avg Forecast	$48.33M	$47.49M	$46.39M	$46.46M	$45.20M	$42.67M	$40.29M	$36.66M	$31.75M	$41.12M	$44.91M	$47.38M	$51.40M	$61.24M	$62.72M	$69.29M	$40.17M	$75.69M	$78.93M	$71.44M	$86.50M	$76.86M	$75.65M	$28.96M	$68.42M	$60.72M	$105.97M	$-89.59M	$68.42M	$67.70M
High Forecast	$59.45M	$58.41M	$57.07M	$57.14M	$55.59M	$52.49M	$49.56M	$45.12M	$39.05M	$50.58M	$44.92M	$47.42M	$53.11M	$61.60M	$77.15M	$85.22M	$48.21M	$75.69M	$78.93M	$85.73M	$86.50M	$76.86M	$75.65M	$34.75M	$68.42M	$60.72M	$105.97M	$-71.67M	$68.42M	$67.70M
Low Forecast	$30.80M	$30.26M	$29.57M	$29.60M	$28.80M	$27.19M	$25.68M	$32.43M	$20.23M	$26.20M	$44.91M	$47.34M	$47.97M	$60.88M	$39.97M	$44.15M	$32.14M	$75.69M	$78.93M	$57.15M	$86.50M	$76.86M	$75.65M	$23.17M	$68.42M	$60.72M	$105.97M	$-107.50M	$68.42M	$67.70M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.53%	0.75%	3.97%	0.51%	0.29%	0.84%	0.71%	0.89%	0.62%	0.60%	0.40%	0.98%	0.39%	0.57%	0.32%	0.56%	0.30%	0.18%

Ready Capital's average Quarter net income forecast for Mar 24 is $47.38M, with a range of $47.34M to $47.42M. RC's average Quarter net income forecast represents a 75.17% increase compared to the company's last Quarter net income of $27.05M (Dec 23).

Ready Capital SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	4	2	2	2	4	2	2	2	1	1	1	1	2	2	2	2	13	8	8	9	12	7
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$16.00M	$27.87M	$30.21M	$27.46M	$29.61M	$34.05M	$33.36M	$34.49M	$27.23M	$34.98M	$31.09M	$29.86M	$25.05M	$34.11M	$36.30M	$24.48M	$22.01M	$18.40M
Avg Forecast	$28.76M	$28.53M	$28.08M	$28.16M	$32.50M	$32.14M	$31.40M	$29.94M	$29.34M	$32.81M	$35.76M	$49.62M	$39.62M	$54.96M	$49.97M	$49.42M	$20.56M	$45.56M	$46.76M	$32.37M	$32.22M	$27.99M	$28.51M	$27.81M	$23.32M	$29.64M	$28.58M	$38.92M	$19.15M	$18.75M
High Forecast	$33.85M	$33.57M	$33.05M	$33.15M	$38.25M	$37.82M	$36.96M	$32.23M	$30.64M	$33.82M	$35.76M	$49.62M	$43.10M	$56.56M	$58.81M	$58.16M	$24.67M	$45.56M	$46.76M	$32.37M	$32.22M	$27.99M	$28.51M	$33.37M	$23.32M	$29.64M	$28.58M	$46.70M	$19.15M	$18.75M
Low Forecast	$20.73M	$20.57M	$20.24M	$20.31M	$23.43M	$23.17M	$22.64M	$27.15M	$28.16M	$31.80M	$35.76M	$49.62M	$36.81M	$53.36M	$36.02M	$35.63M	$16.44M	$45.56M	$46.76M	$32.37M	$32.22M	$27.99M	$28.51M	$22.25M	$23.32M	$29.64M	$28.58M	$31.13M	$19.15M	$18.75M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.40%	0.51%	0.60%	0.56%	1.44%	0.75%	0.71%	1.07%	0.85%	1.25%	1.09%	1.07%	1.07%	1.15%	1.27%	0.63%	1.15%	0.98%

Ready Capital's average Quarter SG&A projection for Mar 24 is $49.62M, based on 2 Wall Street analysts, with a range of $49.62M to $49.62M. The forecast indicates a 210.19% rise compared to RC last annual SG&A of $16.00M (Dec 23).

Ready Capital EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	4	2	2	2	4	2	2	2	1	1	1	1	2	2	2	2	13	8	8	9	12	7
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	$0.25	$1.87	$0.33	$0.08	$0.53	$0.47	$0.70	$0.72	$0.64	$0.43	$0.50	$0.50	$0.63	$0.63	$-0.97	$0.44	$0.27
Avg Forecast	$0.29	$0.28	$0.27	$0.27	$0.27	$0.25	$0.24	$0.22	$0.19	$0.24	$0.26	$0.28	$0.30	$0.36	$0.37	$0.41	$0.42	$0.45	$0.47	$0.58	$0.51	$0.46	$0.45	$0.43	$0.41	$0.36	$0.63	$0.38	$0.41	$0.40
High Forecast	$0.35	$0.34	$0.34	$0.34	$0.33	$0.31	$0.29	$0.27	$0.23	$0.30	$0.26	$0.28	$0.31	$0.36	$0.46	$0.50	$0.52	$0.45	$0.47	$0.58	$0.51	$0.46	$0.45	$0.43	$0.41	$0.36	$0.63	$0.38	$0.41	$0.40
Low Forecast	$0.18	$0.18	$0.17	$0.17	$0.17	$0.16	$0.15	$0.19	$0.12	$0.15	$0.26	$0.28	$0.28	$0.36	$0.24	$0.26	$0.27	$0.45	$0.47	$0.58	$0.51	$0.46	$0.45	$0.43	$0.41	$0.36	$0.63	$0.38	$0.41	$0.40
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.00%	0.69%	5.05%	0.81%	0.19%	1.18%	1.00%	1.20%	1.40%	1.40%	0.96%	1.16%	1.23%	1.75%	1.00%	-2.58%	1.08%	0.67%

According to 2 Wall Street analysts, Ready Capital's projected average Quarter EPS for Mar 24 is $0.28, with a low estimate of $0.28 and a high estimate of $0.28. This represents a 139650.00% increase compared to RC previous annual EPS of - (Dec 23).

Ready Capital Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
NYMT	New York Mortgage Trust	$6.37	$12.25	92.31%	Hold
ARI	Apollo Commercial Real Estate Finance	$9.06	$13.50	49.01%
EARN	Ellington Residential Mortgage REIT	$6.56	$8.00	21.95%	Buy
KREF	KKR Real Estate Finance Trust	$10.85	$13.00	19.82%	Buy
RC	Ready Capital	$7.49	$8.50	13.48%	Hold
EFC	Ellington Financial	$12.28	$13.50	9.93%	Buy
IVR	Invesco Mortgage Capital	$8.49	$8.00	-5.77%	Hold
ARR	ARMOUR Residential REIT	$19.03	$11.50	-39.57%	Hold
CIM	Chimera Investment	$14.86	$7.25	-51.21%	Hold

RC Forecast FAQ

Is Ready Capital a good buy?

No, according to 5 Wall Street analysts, Ready Capital (RC) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 40.00% of RC's total ratings.

What is RC's price target?

Ready Capital (RC) average price target is $8.5 with a range of $8 to $9, implying a 17.89% from its last price of $7.21. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Ready Capital stock go up soon?

According to Wall Street analysts' prediction for RC stock, the company can go up by 17.89% (from the last price of $7.21 to the average price target of $8.5), up by 24.83% based on the highest stock price target, and up by 10.96% based on the lowest stock price target.

Can Ready Capital stock reach $11?

RC's average twelve months analyst stock price target of $8.5 does not support the claim that Ready Capital can reach $11 in the near future.

What are Ready Capital's analysts' financial forecasts?

Ready Capital's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $403.72M (high $465.51M, low $308.91M), average EBITDA is $233.91M (high $269.72M, low $178.98M), average net income is $164.82M (high $202.76M, low $114.1M), average SG&A $125.98M (high $145.26M, low $96.4M), and average EPS is $0.972 (high $1.2, low $0.673). RC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $363.81M (high $428.19M, low $262.29M), average EBITDA is $210.79M (high $248.09M, low $151.97M), average net income is $188.68M (high $232.08M, low $120.23M), average SG&A $113.53M (high $133.62M, low $81.85M), and average EPS is $1.11 (high $1.37, low $0.709).

Did the RC's actual financial results beat the analysts' financial forecasts?

Based on Ready Capital's last annual report (Dec 2023), the company's revenue was $408.47M, which missed the average analysts forecast of $621.59M by -34.29%. Apple's EBITDA was $351.24M, missing the average prediction of $360.15M by -2.47%. The company's net income was $331.45M, beating the average estimation of $244.63M by 35.49%. Apple's SG&A was $34.74M, missing the average forecast of $193.97M by -82.09%. Lastly, the company's EPS was $0.0022, missing the average prediction of $1.44 by -99.85%. In terms of the last quarterly report (Dec 2023), Ready Capital's revenue was $60.01M, missing the average analysts' forecast of $126.98M by -52.74%. The company's EBITDA was $24.57M, missing the average prediction of $73.57M by -66.60%. Ready Capital's net income was $27.05M, missing the average estimation of $51.4M by -47.38%. The company's SG&A was $16M, missing the average forecast of $39.62M by -59.63%. Lastly, the company's EPS was $0.0002, missing the average prediction of $0.303 by -99.93%