Ready Capital Q3 loss per share at $0.13

Reuters
Nov 07, 2025
Ready Capital Q3 loss per share at $0.13

Overview

  • Ready Capital Q3 GAAP loss per share at $0.13, with a distributable loss of $0.94

  • Company completed sales of 217 loans, netting $109 mln in proceeds

  • Ready Capital repurchased 2.5 mln shares at $4.17 each

Outlook

  • Company focuses on restoring financial health through strategic exits and risk management

Result Drivers

  • LOAN ORIGINATIONS - Co originated $139 mln in LMM commercial real estate and $283 mln in small business lending, including SBA and USDA loans

  • PORTFOLIO SALES - Co completed sales of 217 loans with unpaid principal balance of $758 mln, netting $109 mln in proceeds

  • STOCK REPURCHASE - Co acquired 2.5 mln shares at an average price of $4.17 per share as part of stock repurchase program

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 EPS

-$0.13

Q3 Net Income

-$16.74 mln

Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"

  • The average consensus recommendation for the specialized reits peer group is "buy."

  • Wall Street's median 12-month price target for Ready Capital Corp is $4.00, about 24% above its November 5 closing price of $3.04

Press Release: ID:nGNX1shs3q

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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