NYSE - Delayed Quote • USD Ready Capital Corporation (RC) Follow Compare 6.68 +0.06 +(0.91%) At close: 4:00:02 PM EST 6.68 0.00 (0.00%) After hours: 5:10:01 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Ready Capital Corporation Declares Fourth Quarter 2024 Dividends NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock and Operating Partnership unit for the quarter ended December 31, 2024. This dividend is payable on January 31, 2025, to shareholders of record as of the close of business on December 31, 2024. Additionally, the Company announced that its Board of Directors declared quarterly cash dividends on i NexPoint Comments on Cancellation of United Development Funding IV (UDF IV) 2024 Annual Meeting NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint") today issued a statement regarding the "adjournment" of the United Development Funding IV ("UDF IV" or the "Company") Annual Meeting of Shareholders ("Annual Meeting") due to a lack of quorum and the Company's statement that it will not reconvene the Meeting. 3 US Stocks That Might Be Undervalued By Up To 39.3% As U.S. stock futures inch higher ahead of a key Consumer Price Index inflation report, investors are closely watching how the Federal Reserve's potential interest rate decisions might impact market dynamics. In this environment, identifying undervalued stocks becomes crucial, as these opportunities can offer significant upside potential when market conditions stabilize or improve. Ready Capital Corporation Announces Closing of Public Offering of Senior Notes Due 2029 and Partial Exercise of Over-allotment Option NEW YORK, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE: RC) (“Ready Capital” or the “Company”) today announced that it closed an underwritten public offering of $130 million aggregate principal amount of 9.00% Senior Notes due 2029 (the “Notes”), including $15 million aggregate principal amount relating to the partial exercise of the underwriters’ over-allotment option. The Notes were issued in minimum denominations and integral multiples of $25.00. The Company intends to us NexPoint Comments on United Development Funding IV (UDF IV) Annual Meeting NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint") today announced it will not appear nor vote any proxies at the United Development Funding IV ("UDF IV" or the "Company") Annual Meeting of Shareholders ("Annual Meeting") being held today, December 10, 2024. This REIT Has a 16% Dividend Yield. Beware the Mortgage Lender’s Recent Deal. Ready Capital says it was aware of the legal issue surrounding UDF IV, the company it is seeking to acquire. United Development Funding IV Announces Distributions for Q4 2024 IRVING, Texas, Dec. 04, 2024 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV”) announced today that on November 7, 2024, its board of trustees authorized a cash distribution of $0.065 per share, approximately $2 million in the aggregate, payable on December 31, 2024, to shareholders of record at the close of business on December 24, 2024 (the “Fourth Quarter Distribution”). On December 2, 2024, UDF IV announced that it entered into a definitive merger agreement pursuant to which Ready Ready Capital Corporation Announces Pricing of Public Offering of Senior Notes Due 2029 NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE: RC) ("Ready Capital" or the "Company") today announced that it priced an underwritten public offering of $115.0 million aggregate principal amount of 9.00% Senior Notes due 2029 (the "Notes"). The Notes will be issued in minimum denominations and integral multiples of $25.00. The Company has granted to the underwriters a 30-day over-allotment option to purchase up to an additional $17.25 million aggregate principal amou Ready Capital Corporation Announces Public Offering of Senior Notes Due 2029 NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE: RC) (“Ready Capital” or the “Company”) today announced that it is commencing an underwritten public offering of senior unsecured notes due 2029 (the “Notes”). The Company intends to use the net proceeds from this offering to originate or acquire target assets consistent with its investment strategy and for general corporate purposes. The maturity, interest rate and other terms of the Notes will be determined at the time Ready Capital to Acquire United Development Funding IV Ready Capital (RC) signed a definitive agreement to acquire United Development Funding IV, the compa Ready Capital and United Development Funding IV Announce Definitive Agreement for Ready Capital to Acquire United Development Funding IV Adds scale and extends Ready Capital’s core platform with UDF IV’s proven land development lending platform Diversifies Ready Capital’s portfolio and offers land development solution to borrowers and investors Expected to be accretive to Ready Capital’s earnings and book value in 2025UDF IV shareholders may receive up to $5.89 per UDF share through a combination of: (i) pre-closing distributions of UDF IV’s own cash from its balance sheet valued at up to $75 million, or $2.44 per share, (ii) sha Q3 2024 Ready Capital Corp Earnings Call Q3 2024 Ready Capital Corp Earnings Call Ready Capital Corp (RC) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ... Despite a GAAP loss, Ready Capital Corp (RC) reports record small business lending and strategic portfolio repositioning progress. Here's What Key Metrics Tell Us About Ready Capital (RC) Q3 Earnings Although the revenue and EPS for Ready Capital (RC) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. Ready Capital (RC) Q3 Earnings Surpass Estimates Ready Capital (RC) delivered earnings and revenue surprises of 8.70% and 15.28%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock? Ready Capital Corporation Reports Third Quarter 2024 Results - GAAP LOSS PER COMMON SHARE FROM CONTINUING OPERATIONS OF $(0.07) -- DISTRIBUTABLE EARNINGS PER COMMON SHARE OF $(0.28) -- DISTRIBUTABLE EARNINGS PER COMMON SHARE BEFORE REALIZED LOSSES OF $0.25 - - DISTRIBUTABLE RETURN ON AVERAGE STOCKHOLDERS’ EQUITY BEFORE REALIZED LOSSES OF 8.4% - NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services lo MFA Financial (MFA) Q3 Earnings and Revenues Lag Estimates MFA Financial (MFA) delivered earnings and revenue surprises of -12.20% and 6.25%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock? Franklin BSP (FBRT) Reports Q3 Loss, Lags Revenue Estimates Franklin BSP (FBRT) delivered earnings and revenue surprises of -138.46% and 0.86%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock? Ready Capital Corporation Announces Third Quarter 2024 Results and Webcast Call NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE: RC) (the “Company”) today announced that the Company will release its third quarter 2024 financial results after the New York Stock Exchange closes on Thursday, November 7, 2024. Management will host a webcast and conference call on Friday, November 8, 2024 at 8:30 a.m. Eastern Time to provide a general business update and discuss the financial results for the quarter ended September 30, 2024. Webcast:The Company encour Ready Capital Corporation (RC): Among the Best REIT Stocks To Buy Under $10 We recently compiled a list of the 11 Best REIT Stocks To Buy Under $10. In this article, we are going to take a look at where Ready Capital Corporation (NYSE:RC) stands against the other Best REIT Stocks To Buy Under $10. The Recent Fed Rate Cut: A Relief for REITs? The Federal Reserve finally decided […] Performance Overview Trailing total returns as of 1/15/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return RC S&P 500 YTD +0.91% +0.73% 1-Year -24.02% +24.38% 3-Year -34.58% +27.60%