READY CAPITAL CORP - RC 7 08/15/23 (RCA) Forecast, Price Target & Analyst Ratings

NYSE:RCA • US75574U2006

Current stock price

24.97 USD
0 (0%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for READY CAPITAL CORP - RC 7 08/15/23 (RCA).

Forecast Snapshot

Consensus Price Target

Price Target
$28.16
+ 12.77% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Nov 6, 2023
Period
Q3 / 2023
EPS Estimate
$0.41
Revenue Estimate
105.38M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
81.25%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$28.16
Upside
+ 12.77%
From current price of $24.97 to mean target of $28.16, Based on 16 analyst forecasts
Low
$22.85
Median
$28.57
High
$33.94

Price Target Revisions

1 Month
-11.43%
3 Months
-12.93%

Price Target Summary

16 Wall Street analysts provided a forecast for the next 12 months for RCA. The average price target is 28.16 USD. This implies a price increase of 12.77% is expected in the next year compared to the current price of 24.97.
The average price target has been revised downward by 12.93% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

RCA Current Analyst RatingRCA Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

RCA Historical Analyst RatingsRCA Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15

Analyst Ratings Consensus

ChartMill Buy Consensus
81.25%
RCA was analyzed by 16 analysts. The buy percentage consensus is at 81. So analysts seem to be very confident about RCA.
In the previous month the buy percentage consensus was at a similar level.
RCA was analyzed by 16 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

Next Earnings Forecast Details

Next Earnings Details

Release Date
Nov 6, 2023
Period
Q3 / 2023
EPS Estimate
$0.41
Revenue Estimate
105.38M
Revenue Q2Q
-50.81%
EPS Q2Q
-7.53%
Number of Analysts
11

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-8.44%
EPS (1 Month)
0.00%
EPS (3 Months)
-1.56%

Next Earnings Summary

RCA is expected to report earnings on 11/6/2023. The consensus EPS estimate for the next earnings is 0.41 USD and the consensus revenue estimate is 105.38M USD.
The next earnings revenue estimate has been revised downward by 8.44% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2023 - 2025

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2020 2021 2022 2023 2024 2025
Revenue
YoY % growth
RCA revenue by date.RCA revenue by date.
300.2M
24.56%		549.802M
83.15%		745.899M
35.67%		369.21M
-50.50%		459.27M
24.39%		484.31M
5.45%
EBITDA
YoY % growth
RCA ebitda by date.RCA ebitda by date.
N/AN/AN/AN/AN/AN/A
EBIT
YoY % growth
RCA ebit by date.RCA ebit by date.
71.8M
184.92%		90.458M
25.99%		117.185M
29.55%		N/AN/AN/A
Operating Margin
RCA operating margin by date.RCA operating margin by date.
23.92%16.45%15.71%N/AN/AN/A
EPS
YoY % growth
RCA eps by date.RCA eps by date.
1.79
16.23%		2.24
25.14%		1.84
-17.86%		1.54
-16.51%		1.65
7.50%		1.60
-3.33%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q3 / 23 Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25
EPS
Q2Q % growth		0.41
-7.53%		0.42
0.24%		0.40
33.90%		0.41
17.13%		0.41
1.77%		0.43
1.77%		0.38
-5.13%		0.38
-7.04%		0.38
-7.96%		0.39
-8.65%
Revenue
Q2Q % growth		105.38M
-50.81%		106.91M
-52.98%		109.76M
-55.50%		112.03M
-57.13%		114.36M
8.52%		123.12M
15.16%		N/AN/AN/AN/A
EBITDA
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

RCA Yearly Revenue VS EstimatesRCA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M
RCA Yearly EPS VS EstimatesRCA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5 2

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
-4.62%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
18.17%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

READY CAPITAL CORP - RC 7 08/15/23 / RCA Forecast FAQ

What is the price target for RCA stock?

16 analysts have analysed RCA and the average price target is 28.16 USD. This implies a price increase of 12.77% is expected in the next year compared to the current price of 24.97.

When does READY CAPITAL CORP - RC 7 08/15/23 (RCA) report earnings?

READY CAPITAL CORP - RC 7 08/15/23 (RCA) will report earnings on 2023-11-06, before the market open.

What are the consensus estimates for READY CAPITAL CORP - RC 7 08/15/23 (RCA) next earnings?

The consensus EPS estimate for the next earnings of READY CAPITAL CORP - RC 7 08/15/23 (RCA) is 0.41 USD and the consensus revenue estimate is 105.38M USD.

How many analysts cover READY CAPITAL CORP - RC 7 08/15/23 (RCA) stock?

The number of analysts covering READY CAPITAL CORP - RC 7 08/15/23 (RCA) is 16.