| Bronstein, Gewirtz & Grossman, LLC Encourages Ready Capital Corporation (RC) Investors to Inquire about Securities Investigation |
NEW YORK CITY, NY / ACCESS Newswire / May 15, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Ready Capital Corporation ("Ready Capital" or "the Company") (NYSE:RC). Investors who purchased Ready Capital securities prior to November 7, 2024, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/RC. |
accessnewswire.com |
2025-05-15 14:00:00 |
Czytaj oryginał (ang.) |
| Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Ready Capital Corporation (RC) And Encourages Investors to Reach Out |
NEW YORK CITY, NY / ACCESS Newswire / May 13, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Ready Capital Corporation ("Ready Capital" or "the Company") (NYSE:RC). Investors who purchased Ready Capital securities prior to November 7, 2024, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/RC. |
accessnewswire.com |
2025-05-13 14:00:00 |
Czytaj oryginał (ang.) |
| Ready Capital: Chasing Income - Losing Value |
Ready Capital stock has tanked as bad underwriting has come back to bite. The stock trades at a 50% plus discount to tangible book value. The preferred shares yield over 10% and unsecured bonds yield even more. |
seekingalpha.com |
2025-05-12 15:52:33 |
Czytaj oryginał (ang.) |
| Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Ready Capital Corporation (RC) And Encourages Stockholders to Reach Out |
NEW YORK CITY, NY / ACCESS Newswire / May 11, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Ready Capital Corporation ("Ready Capital" or "the Company") (NYSE:RC). Investors who purchased Ready Capital securities prior to November 7, 2024, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/RC. |
accessnewswire.com |
2025-05-11 14:00:00 |
Czytaj oryginał (ang.) |
| Ready Capital Corporation (RC) Q1 2025 Earnings Call Transcript |
Ready Capital Corporation (NYSE:RC ) Q1 2025 Earnings Conference Call May 9, 2025 8:30 AM ET Company Participants Thomas Edward Capasse - Chairman, Chief Executive Officer and Chief Investment Officer Andrew Ahlborn - Chief Financial Officer Adam Zausmer - Chief Credit Officer Conference Call Participants Doug Harter - UBS Crispin Love - Piper Sandler Christopher Nolan - Ladenburg Thalmann Jade Rahmani - KBW Operator Greetings. Welcome to Ready Capital's First Quarter 2025 Earnings Conference Call. |
seekingalpha.com |
2025-05-09 16:03:15 |
Czytaj oryginał (ang.) |
| Here's What Key Metrics Tell Us About Ready Capital (RC) Q1 Earnings |
Although the revenue and EPS for Ready Capital (RC) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2025-05-09 01:30:33 |
Czytaj oryginał (ang.) |
| Ready Capital (RC) Reports Break-Even Earnings for Q1 |
Ready Capital (RC) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.12. This compares to earnings of $0.29 per share a year ago. |
zacks.com |
2025-05-09 00:10:37 |
Czytaj oryginał (ang.) |
| Ready Capital Corporation Reports First Quarter 2025 Results |
- GAAP EARNINGS PER COMMON SHARE FROM CONTINUING OPERATIONS OF $0.47 - - DISTRIBUTABLE LOSS PER COMMON SHARE OF $(0.09) - - DISTRIBUTABLE EARNINGS PER COMMON SHARE BEFORE REALIZED LOSSES OF $0.00 - NEW YORK, May 08, 2025 (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 lower-to-middle-market (“LMM”) investor and owner-occupied commercial real estate loans, today reported financial results for the quarter ended March 31, 2025. “Market volatility, tariff implementations, declining consumer confidence and increased recession expectations provide headwinds for our business”, said Thomas Capasse, Ready Capital's Chairman and Chief Executive Officer. |
globenewswire.com |
2025-05-08 21:00:00 |
Czytaj oryginał (ang.) |
| Bronstein, Gewirtz & Grossman, LLC Is Investigating Ready Capital Corporation (RC) And Encourages Stockholders to Connect |
NEW YORK CITY, NY / ACCESS Newswire / May 8, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Ready Capital Corporation ("Ready Capital" or "the Company") (NYSE:RC). Investors who purchased Ready Capital securities prior to November 7, 2024, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/RC. |
accessnewswire.com |
2025-05-08 14:00:00 |
Czytaj oryginał (ang.) |
| READY CAPITAL ALERT: Bragar Eagel & Squire, P.C. is Investigating Ready Capital Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm |
NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Ready Capital Corporation (NYSE: RC) on behalf of long-term stockholders following a class action complaint that was filed against Ready Capital on March 6, 2025 with a Class Period from November 7, 2024 to March 2, 2025. Our investigation concerns whether the board of directors of Ready Capital have breached their fiduciary duties to the company. |
globenewswire.com |
2025-05-08 01:00:00 |
Czytaj oryginał (ang.) |
| Class Action Filed Against Ready Capital Corporation (RC) - May 5, 2025 Deadline to Join - Contact Levi & Korsinsky |
NEW YORK, NY / ACCESS Newswire / May 5, 2025 / If you suffered a loss on your Ready Capital Corporation (NYSE:RC) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/ready-capital-corporation-lawsuit-submission-form?prid=147031&wire=1 or contact Joseph E. Levi, Esq. |
accessnewswire.com |
2025-05-05 19:15:00 |
Czytaj oryginał (ang.) |
| Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Ready Capital Corporation (RC) Shareholders |
NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Ready Capital Corporation ("Ready Capital" or the "Company") (NYSE: RC) of a class action securities lawsuit. |
globenewswire.com |
2025-05-05 17:51:00 |
Czytaj oryginał (ang.) |
| Can Ready Capital (RC) Keep the Earnings Surprise Streak Alive? |
Ready Capital (RC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. |
zacks.com |
2025-05-05 17:10:36 |
Czytaj oryginał (ang.) |
| RC Investors Have Opportunity to Join Ready Capital Corporation Fraud Investigation with the Schall Law Firm |
LOS ANGELES--(BUSINESS WIRE)--RC Investors Have Opportunity to Join Ready Capital Corporation Fraud Investigation with the Schall Law Firm. |
businesswire.com |
2025-05-05 16:03:00 |
Czytaj oryginał (ang.) |
| RC LAWSUIT ALERT: Levi & Korsinsky Notifies Ready Capital Corporation Investors of a Class Action Lawsuit and Upcoming Deadline |
NEW YORK, NY / ACCESS Newswire / May 5, 2025 / If you suffered a loss on your Ready Capital Corporation (NYSE:RC) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/ready-capital-corporation-lawsuit-submission-form?prid=146980&wire=1 or contact Joseph E. Levi, Esq. |
accessnewswire.com |
2025-05-05 15:15:00 |
Czytaj oryginał (ang.) |
| INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Ready Capital Corporation of Class Action Lawsuit and Upcoming Deadlines - RC |
NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Ready Capital Corporation (“Ready” or the “Company”) (NYSE: RC). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. |
globenewswire.com |
2025-05-05 14:54:00 |
Czytaj oryginał (ang.) |
| Levi & Korsinsky Notifies Ready Capital Corporation Investors of a Class Action Lawsuit and Upcoming Deadline - RC |
NEW YORK, NY / ACCESS Newswire / May 5, 2025 / If you suffered a loss on your Ready Capital Corporation (NYSE:RC) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/ready-capital-corporation-lawsuit-submission-form?prid=146945&wire=1 or contact Joseph E. Levi, Esq. |
accessnewswire.com |
2025-05-05 13:30:00 |
Czytaj oryginał (ang.) |
| RC DEADLINE TODAY: Ready Capital (RC) Investors Alerted to Today's Lead Plaintiff Deadline Securities Class Action |
SAN FRANCISCO, May 05, 2025 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE: RC), a New York-based real estate finance firm, is grappling with intensifying investor scrutiny after being named in two securities class-action lawsuits that have cast a shadow over its financial reporting and sent its stock tumbling. |
globenewswire.com |
2025-05-05 13:05:00 |
Czytaj oryginał (ang.) |
| Ready Capital Corporation Sued for Securities Law Violations - Contact Levi & Korsinsky Before May 5, 2025 to Discuss Your Rights - RC |
NEW YORK, NY / ACCESS Newswire / May 5, 2025 / If you suffered a loss on your Ready Capital Corporation (NYSE:RC) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/ready-capital-corporation-lawsuit-submission-form?prid=146918&wire=1 or contact Joseph E. Levi, Esq. |
accessnewswire.com |
2025-05-05 12:15:00 |
Czytaj oryginał (ang.) |
| RC DEADLINE TODAY: Lose Money on Ready Capital? Contact BFA Law by Today's May 5 Legal Deadline (NYSE:RC) |
NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that it has filed a lawsuit against Ready Capital Corporation (NYSE: RC) and certain of the Company's senior executives for potential violations of the federal securities laws. If you invested in Ready Capital, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/ready-capital-corporation. |
globenewswire.com |
2025-05-05 11:48:00 |
Czytaj oryginał (ang.) |
| NexPoint Submits Competing Proposal for UDF IV with Improved Shareholder Economics, Awaits Engagement from UDF IV Board of Trustees |
Implores UDF IV Board to Postpone March 4 Special Meeting for One Month to Engage with NexPoint and Appropriately Evaluate Proposal NexPoint Will Not Vote at Special Meeting Without Due Consideration of Proposal DALLAS , Feb. 27, 2025 /PRNewswire/ -- NexPoint Advisors, L.P. (together with its affiliates "NexPoint") today announced NexPoint Real Estate Opportunities, LLC has submitted a competing proposal to the Board of Trustees of United Development Funding IV ("UDF IV" or "the Trust") ahead of the Special Meeting of UDF IV Shareholders (the "Meeting"), scheduled for March 4, 2025, to vote on the proposed merger of UDF IV with Ready Capital (NYSE: RC) (the "Ready Merger"). |
prnewswire.com |
2025-02-27 19:00:00 |
Czytaj oryginał (ang.) |
| Short Duration Debt - The Way We Choose To Invest In Ready Capital |
Ready Capital's short-duration exchange-traded senior notes, RCC and RCB, offer attractive yields of 8.6% and 9.6%, respectively, for the risk they carry. The company has faced challenges post-COVID, with a total return close to zero over the past decade and a recent dividend cut of 17%. Ready Capital's capital structure shows a relatively high debt-to-equity ratio, with recent debt increases and significant interest expenses impacting financial stability. Monitoring of performance is required. |
seekingalpha.com |
2025-02-26 17:18:12 |
Czytaj oryginał (ang.) |
| Ready Capital (RC) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures |
Evaluate the expected performance of Ready Capital (RC) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight. |
zacks.com |
2025-02-26 12:20:44 |
Czytaj oryginał (ang.) |
| Ready Capital Corporation Announces Closing of $220.0 Million of Senior Secured Notes |
NEW YORK, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE: RC) (“Ready Capital” or the “Company”) today announced that on February 21, 2025, ReadyCap Holdings, LLC (“ReadyCap”), an indirect subsidiary of the Company closed a private placement of $220.0 million in aggregate principal amount of its 9.375% Senior Secured Notes due 2028 (the “Notes”). The Notes are senior secured obligations of ReadyCap. Payments of the amounts due on the Notes are fully and unconditionally guaranteed (the “Guarantees”), at issuance, by the Company, Ready Capital Partners I, LLC, Ready Capital Subsidiary REIT II, LLC (“SubREIT II”), RCSR I Investments, LLC (“RCSR I”), RCSR II Investments, LLC (“RCSR II”) and RCSR I Intermediate Holdings, LLC (collectively, the “Guarantors”). ReadyCap's and the Guarantors' respective obligations under the Notes and the Guarantees are secured by a first-priority lien on the assets of RCSR I and RCSR II and the capital stock of RCSR I, RCSR II, SubREIT II and certain other subsidiaries of the Company. |
globenewswire.com |
2025-02-24 18:32:00 |
Czytaj oryginał (ang.) |
| NexPoint Provides Update on UDF IV's Proposed Merger with Ready Capital, Plans to Submit Competing Proposal |
NexPoint is Deferring its Vote, Encourages Shareholders to Take No Action on Merger Voteto Compel Board to Properly Review Any Competing Proposal Calls for UDF IV Board to Postpone March 4 Special Meeting by 30 Days and Engage withNexPoint to Ensure Best Outcome for Shareholders DALLAS , Feb. 21, 2025 /PRNewswire/ -- NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint") today provided an update on its intentions with respect to its investment in United Development Funding IV ("UDF IV" or "the Trust") ahead of the Special Meeting of UDF IV Shareholders (the "Meeting"), scheduled for March 4, 2025, to vote on the proposed merger of UDF IV with Ready Capital (NYSE: RC) (the "Ready Merger"). NexPoint has significant and growing concerns about the Ready Merger, which was first announced days ahead of the Annual Meeting and Board of Trustees election in December 2024. |
prnewswire.com |
2025-02-21 11:00:00 |
Czytaj oryginał (ang.) |
| Ready Capital Corporation Announces Fourth Quarter and Full Year 2024 Results and Webcast Call |
NEW YORK, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE: RC) (the “Company”) today announced that the Company will release its fourth quarter and full year 2024 financial results before the New York Stock Exchange opens on Monday, March, 3, 2025. Management will host a webcast and conference call on that same day at 8:30 a.m. Eastern Time to provide a general business update and discuss the financial results for the quarter and year ended December 31, 2024. |
globenewswire.com |
2025-02-14 18:15:00 |
Czytaj oryginał (ang.) |
| Past Time To Take Gains On These Big Yielders |
Past Time To Take Gains On These Big Yielders |
seekingalpha.com |
2025-01-23 20:48:10 |
Czytaj oryginał (ang.) |
| Ready Capital Corporation Announces New Share Repurchase Program |
NEW YORK, Jan. 16, 2025 (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 lower-to-middle-market investor- and owner-occupied commercial real estate loans, today announced that its Board of Directors approved a stock repurchase program authorizing the repurchase of up to $150.0 million of the Company's common stock. Repurchases under the stock repurchase program may be made at management's discretion from time to time on the open market, in privately negotiated transactions or otherwise, in each case subject to compliance with all Securities and Exchange Commission rules and other legal requirements, and may be made in part under one or more Rule 10b5-1 and Rule 10b-18 plans, which permit stock repurchases at times when the Company might otherwise be precluded from doing so. |
globenewswire.com |
2025-01-16 18:15:00 |
Czytaj oryginał (ang.) |
| High Yield REITs Whacked By Higher Rates |
High Yield REITs Whacked By Higher Rates |
seekingalpha.com |
2025-01-15 19:53:18 |
Czytaj oryginał (ang.) |
| RCD: A 9.00% Senior Note IPO From Ready Capital Corporation |
Ready Capital Corporation's new senior notes trading under ticker RCD offer a 9.00% annual interest rate but face significant financial challenges, including inconsistent dividends and a high debt-to-equity ratio. The company's recent dividend cut and negative earnings-to-debt payments ratio raise concerns about its ability to cover debt obligations. Compared to other Ready Capital senior notes, RCD is fairly priced but not the best option due to its longer duration and associated risks. |
seekingalpha.com |
2024-12-27 10:00:00 |
Czytaj oryginał (ang.) |
| 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. |
globenewswire.com |
2024-12-13 18:15:00 |
Czytaj oryginał (ang.) |
| Huge Yields, Brief Notes |
Preferred shares rallied, as predicted. Finding value is getting much harder. There are some common shares trading at discounts. Some big, some tiny. I would be interested in a few of the agency mortgage REITs, but the ones I would prefer remain unavailable. The valuation between those good ones and some of the weaker ones (as measured by things like destruction of shareholder wealth and me not liking them) is still small sometimes. |
seekingalpha.com |
2024-12-13 00:42:33 |
Czytaj oryginał (ang.) |
| NexPoint Comments on Cancellation of United Development Funding IV (UDF IV) 2024 Annual Meeting |
UDF IV's Plan "Not to Reconvene the Annual Meeting" is Unacceptable Outcome for Shareholders NexPoint Urges UDF IV to Reconvene Meeting Following Full Disclosure of Ready Capital Transaction Details and to Disclose Amount of Shareholder Funds Used on Advisors for an Annual Meeting it has Failed to Hold DALLAS , Dec. 12, 2024 /PRNewswire/ -- 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. NexPoint provided the following comment: "We are deeply alarmed by UDF IV's announcement that it will not reconvene the Annual Meeting after failing to meet the quorum threshold. |
prnewswire.com |
2024-12-12 20:38:00 |
Czytaj oryginał (ang.) |
| 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 use the net proceeds from this offering to originate or acquire target assets consistent with its investment strategy and for general corporate purposes. Morgan Stanley & Co. LLC, Piper Sandler & Co., RBC Capital Markets, LLC, UBS Investment Bank and Wells Fargo Securities, LLC served as book-running managers for the offering. |
globenewswire.com |
2024-12-10 19:44:00 |
Czytaj oryginał (ang.) |
| NexPoint Comments on United Development Funding IV (UDF IV) Annual Meeting |
Declines to Appear at Annual Meeting, Calls for Adjournment of Meeting Until UDF IV Provides Proper Disclosure on Recently Announced Merger with Ready Capital DALLAS , Dec. 10, 2024 /PRNewswire/ -- 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. NexPoint remains concerned about the Company's planned acquisition by Ready Capital (NYSE:RC), which UDF IV announced last week in an apparent attempt to influence today's vote at the Annual Meeting. |
prnewswire.com |
2024-12-10 11:00:00 |
Czytaj oryginał (ang.) |
| Ready Capital: 9% Senior Notes Might Be Worth Pursuing |
Ready Capital's Q3 2024 showed another decrease in book value. Q3 2024 actually had negative distributable earnings. The company made an acquisition and offered to place debt at a 9% yield. |
seekingalpha.com |
2024-12-04 12:52:18 |
Czytaj oryginał (ang.) |
| 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 amount of the Notes at the public offering price, less the underwriting discount. 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. Morgan Stanley & Co. LLC, Piper Sandler & Co., RBC Capital Markets, LLC, UBS Investment Bank and Wells Fargo Securities, LLC served as book-running managers for the offering. |
globenewswire.com |
2024-12-03 19:05:00 |
Czytaj oryginał (ang.) |
| 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 of pricing the offering. Morgan Stanley & Co. LLC, Piper Sandler & Co., RBC Capital Markets, LLC, UBS Investment Bank and Wells Fargo Securities, LLC are serving as book-running managers for the offering. |
globenewswire.com |
2024-12-03 10:55:00 |
Czytaj oryginał (ang.) |
| 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 2025 UDF 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) shares issued at closing by Ready Capital for UDF IV shares valued at $94 million, or $3.07 per share, and (iii) contingent value rights with estimated future value of up to $12 million, or $0.38 per share NEW YORK and IRVING, Texas, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) ("Ready Capital"), 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, and United Development Funding IV (“UDF IV” or the “Trust”), a real estate investment trust providing capital solutions to residential real estate developers and regional homebuilders, announced today that they have entered into a definitive merger agreement pursuant to which Ready Capital will acquire UDF IV. Upon completion of the transaction, Ready Capital is anticipated to have a pro forma equity capital base in excess of $2.2 billion. |
globenewswire.com |
2024-12-02 10:30:00 |
Czytaj oryginał (ang.) |
| 3 High Yield October Dividend Payers: Blackstone, Ready Capital And Medical Property Trust |
My portfolio, Rose's Income Garden (RIG), is highly diversified with 84 investments across all 11 sectors, ensuring resilience against market fluctuations. Despite three dividend cuts in October, I retain Medical Properties Trust, Blackstone Mortgage Trust, and Ready Capital due to their high yields and recovery potential. High-yield investments can be risky but rewarding; my portfolio's value is up 15.54% YTD, close to the DOW, and has a 5.4% yield. |
seekingalpha.com |
2024-11-14 01:32:30 |
Czytaj oryginał (ang.) |
| Ready Capital Corporation (RC) Q3 2024 Earnings Call Transcript |
Ready Capital Corporation (NYSE:RC ) Q3 2024 Earnings Conference Call November 8, 2024 8:30 AM ET Company Participants Andrew Ahlborn - Chief Financial Office Thomas Capasse - Chief Executive Officer Andrew Ahlborn - Chief Credit Officer Adam Zausmer - Chief Credit Officer Conference Call Participants Crispin Love - Piper Sandler Douglas Harter - UBS Jade Rahmani - KBW Stephen Laws - Raymond James Christopher Nolan - Landenburg Thalmann Matt Howlett - B. Riley Securities Operator Greetings, and welcome to the Ready Capital Third Quarter 2024 Earnings Call. |
seekingalpha.com |
2024-11-08 13:43:45 |
Czytaj oryginał (ang.) |
| 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. |
zacks.com |
2024-11-07 22:31:26 |
Czytaj oryginał (ang.) |
| Ready Capital (RC) Q3 Earnings Surpass Estimates |
Ready Capital (RC) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.28 per share a year ago. |
zacks.com |
2024-11-07 21:45:21 |
Czytaj oryginał (ang.) |
| 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. |
globenewswire.com |
2024-10-31 18:19:00 |
Czytaj oryginał (ang.) |
| 3 Shares Yielding Over 9% |
We've got three shares where big yields are offset by one flaw or another. I recently closed out my position in one of these shares for a gain of more than 40%. Great choice about 17 months ago. Not as great today. I'll include an alternative from my portfolio that still offers an attractive yield for investors. |
seekingalpha.com |
2024-10-17 22:13:09 |
Czytaj oryginał (ang.) |
| Readers Identify 25 Ideal September Dividend Buys Out Of 39 Picks |
Since May 2017, any dividend-paying stock mentioned by readers is included in my reader favorite listings, highlighting potential opportunities and risks. My stock lists aim to identify promising dividend stocks, using a contrarian investing strategy, primarily for new buyers seeking high-yield opportunities. Reader feedback is crucial for correcting errors and refining strategies, including suggestions for buy-and-hold stocks and option strategies for monthly dividends. |
seekingalpha.com |
2024-10-17 17:39:40 |
Czytaj oryginał (ang.) |
| Ready Capital: When Is The Final Dividend Cut? |
Ready Capital's dividend cut to $0.25 per share marks a significant sequential reduction, with a current yield of 14%, significantly above pre-pandemic levels. RC's net book value has declined to $12.97 per share with the commons trading at a 45% discount. The mREIT plans to bridge dividend coverage by focusing on small business loans, exiting residential mortgage banking, and increasing leverage. |
seekingalpha.com |
2024-10-16 13:59:59 |
Czytaj oryginał (ang.) |
| Is the Options Market Predicting a Spike in Ready Capital (RC) Stock? |
Investors need to pay close attention to Ready Capital (RC) stock based on the movements in the options market lately. |
zacks.com |
2024-10-04 14:25:23 |
Czytaj oryginał (ang.) |
| 5 Shares Yielding 8% To 11% |
We've got 5 shares in here plus a bonus. It's like 6, but easier to click. Some of these deals look better than others. Ex-dividend dates are coming up pretty soon for a few of them. |
seekingalpha.com |
2024-09-25 11:01:00 |
Czytaj oryginał (ang.) |