Ready Capital Reports Book Value of $8.79 per Share by December 31, 2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Should l Buy RC?
Book value of $8.79 per share of common stock as of December 31, 2025. "We continue to execute on our liquidity plan with a focus on meeting our corporate obligations and repositioning the Company's equity away from Covid-vintage production", said Thomas Capasse, Ready Capital's Chairman and Chief Executive Officer. "The equity drawdown associated with these actions is significant but represents an important step toward addressing the financial pressure experienced since the onset of the commercial real estate cycle. We believe the execution of our plan will improve our liquidity profile and support greater financial stability going forward."
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Analyst Views on RC
Wall Street analysts forecast RC stock price to rise
3 Analyst Rating
0 Buy
2 Hold
1 Sell
Moderate Sell
Current: 1.850
Low
2.05
Averages
2.43
High
2.75
Current: 1.850
Low
2.05
Averages
2.43
High
2.75
About RC
Ready Capital Corporation is a multi-strategy real estate finance company that originates, acquires, finances and services lower-to-middle-market investor and owner-occupied commercial real estate loans. The Company specializes in loans backed by commercial real estate, including agency multifamily, investor, construction, and bridge as well as U.S. Small Business Administration loans under its Section 7(a) program. Its segments include LMM Commercial Real Estate and Small Business Lending. The LMM Commercial Real Estate segment originates lower-to-middle-market commercial real estate (LMM) loans across the full life cycle of an LMM property, including construction, bridge, stabilized and agency loan origination channels through its subsidiary, ReadyCap Commercial, LLC. The Small Business Lending segment acquires, originates and services owner-occupied loans guaranteed by the SBA under the SBA Section 7(a) Program through its subsidiary, ReadyCap Lending, LLC.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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- Executive Changes: Dominick Scali has been promoted to Chief Credit Officer and Co-President of CRE operations, leveraging his 24 years of CRE lending experience to drive the company's focus on capital-light business lines, while Gary Taylor transitions to President of ReadyCap Lending, reflecting the company's strategic shift.
- Financial Performance: The company reported a GAAP loss of $1.46 per share for Q4, with distributable earnings at a loss of $0.43 per share, indicating ongoing financial pressures due to realized losses on asset sales and increased operating expenses, although management remains confident in executing its liquidity plan.
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See More
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- Liquidity Crunch Intensifies: The tightening liquidity issues faced by the company could impair its operational capabilities, particularly in the current economic climate where restricted financing channels may put the company at a competitive disadvantage.
- Negative Market Reaction: Due to the earnings miss and liquidity concerns, Ready Capital's stock price may come under pressure, prompting investors to monitor subsequent market developments and the company's response strategies to assess its long-term investment value.
See More
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- Operational Management Changes: Gary Taylor has stepped down as Chief Operating Officer but will remain CEO of ReadyCap Lending, with operational responsibilities transitioning to other management members, including Matt Cohen, who has been promoted to Head of Operations and CTO, likely enhancing operational efficiency through technological innovations.
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See More
