EPS growth is an important number as it indicates the future prospects of Ready Capital Corporation. It is typically displayed as a percentage and called the EPS growth rate, which at this time is hard to estimate, but revenue growth has been -6.00 % over the last twelve months. EPS growth is a vital measure of execution of the strategy for Ready Capital Corporation since it indicates how well the business is allocating resources to benefit shareholders.
Ready Capital Corporation trades as part of the REITs industry and real estate sector. The company CEO is Thomas E. Capasse. Sutherland Asset Management Corp is a real estate finance company that acquires, originates, manages, services and finances small balance commercial loans, Small Business Administration loans, residential mortgage loans, and mortgage-backed securities.
Previous Intraday Performance:
The RC shares had a previous change of -0.40% which opened at 15.13 and closed at 14.94. It moved to an intraday high of 15.13 and a low of 14.52.
Over the last five trading days, RC shares returned -1.39% and in the past 30 trading days it returned -9.73%. Over three months, it changed -6.69%. In one year it has changed 9.55% and within that year its 52-week high was 17.30 and its 52-week low was 13.55. RC stock is 10.26% above its 52 Week Low.
Our calculations result in a 200 day moving average of 14.97 and a 50 day moving average of 16.01. Right now, RC stock is trading -0.18% below its 200 day moving average and may be a great opportunity to buy, but should check other technical indicators to confirm a buy signal.
The company has a market cap of $478.9m with 32.1m shares outstanding and a float of 31.4m shares. Trading volume was 106,463 shares and has experienced an average volume of 43,344 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.
The last annual reported EPS for Ready Capital Corporation was 1.38 which ended on 31st of December 2017, which according to the previous close, that is a PE of 10.83. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.40. The trailing twelve month EPS is 1.68, which comes to a trailing twelve month PE of 8.89.
Below was the last reported quarterly earnings per share:
09-30-2018: 0.40 (estimated)
The dividend per share is currently 1.60, which is a dividend yield of 10.71%.
Base on our calculations, the intrinsic value per share is 22.75, which means it might be undervalued and has a margin of safety of 34.34%
Indicators Also to Watch:
Based on the latest filings, there is 12.60% of institutional ownership. Short-interest was 125,632, which was 0.39% of shares outstanding. The short-interest ratio or days-to-cover ratio was 2.29. This stock has some short interest, but it might be normal and no need to worry if long the position.
I calculated the beta to be 0.64
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Based on last reported financials, the company’s return on equity is 10.47%, return on assets is 2.15%, price-to-sales is 13.30 and price-to-book is 0.88.
Company Score Card:
Results are out of six:
1 : Growth Expectations Result
2 : Financial Safety Result
1 : Past Performance Result
4 : Valuation Result
3 : Dividend Safety Result
2 : Overall Result