Ready Net Income from 2010 to 2024

RC Stock  USD 7.42  0.04  0.54%   
Ready Capital's Net Income is increasing over the years with slightly volatile fluctuation. Overall, Net Income is expected to go to about 356.4 M this year. During the period from 2010 to 2024 Ready Capital Net Income annual values regression line had coefficient of variation of  123.85 and r-squared of  0.67. View All Fundamentals
 
Net Income  
First Reported
2012-03-31
Previous Quarter
-38.3 M
Current Value
-24.3 M
Quarterly Volatility
41.6 M
 
Yuan Drop
 
Covid
Check Ready Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ready Capital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.2 M, Interest Expense of 752.3 M or Selling General Administrative of 67.6 M, as well as many indicators such as Price To Sales Ratio of 1.25, Dividend Yield of 0.15 or PTB Ratio of 0.56. Ready financial statements analysis is a perfect complement when working with Ready Capital Valuation or Volatility modules.
  
Check out the analysis of Ready Capital Correlation against competitors.
For information on how to trade Ready Stock refer to our How to Trade Ready Stock guide.

Latest Ready Capital's Net Income Growth Pattern

Below is the plot of the Net Income of Ready Capital Corp over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Ready Capital Corp financial statement analysis. It represents the amount of money remaining after all of Ready Capital Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Ready Capital's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ready Capital's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 351.25 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Ready Net Income Regression Statistics

Arithmetic Mean93,953,382
Coefficient Of Variation123.85
Mean Deviation89,609,069
Median44,870,000
Standard Deviation116,363,926
Sample Variance13540.6T
Range357.7M
R-Value0.82
Mean Square Error4817.1T
R-Squared0.67
Significance0.0002
Slope21,292,646
Total Sum of Squares189567.9T

Ready Net Income History

2024356.4 M
2023339.5 M
2022194.3 M
2021157.7 M
202044.9 M
201973 M
201859.3 M

Other Fundumenentals of Ready Capital Corp

Ready Capital Net Income component correlations

About Ready Capital Financial Statements

Ready Capital stakeholders use historical fundamental indicators, such as Ready Capital's Net Income, to determine how well the company is positioned to perform in the future. Although Ready Capital investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ready Capital's assets and liabilities are reflected in the revenues and expenses on Ready Capital's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ready Capital Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income351.2 M368.8 M
Net Income From Continuing Ops351.2 M368.8 M
Net Income Applicable To Common Shares203.2 M213.4 M
Net Income Per Share 2.31  2.43 
Net Income Per E B T 0.95  0.64 

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Check out the analysis of Ready Capital Correlation against competitors.
For information on how to trade Ready Stock refer to our How to Trade Ready Stock guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Mortgage Real Estate Investment Trusts (REITs) space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ready Capital. If investors know Ready will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ready Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.053
Dividend Share
1.15
Earnings Share
(0.72)
Revenue Per Share
0.76
Quarterly Revenue Growth
(0.81)
The market value of Ready Capital Corp is measured differently than its book value, which is the value of Ready that is recorded on the company's balance sheet. Investors also form their own opinion of Ready Capital's value that differs from its market value or its book value, called intrinsic value, which is Ready Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ready Capital's market value can be influenced by many factors that don't directly affect Ready Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ready Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ready Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ready Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.