Jack Ross - Ready Capital President Director

RC Stock  USD 5.07  0.08  1.60%   

President

Mr. Jack J. Ross serves as President and Director of the Company. Mr. Ross serves as our President and as a member of our board of directors. Mr. Ross is a Manager and cofounder of our Manager. Prior to founding our Manager in January 2005, Mr. Ross was the founder of Licent Capital, a specialty broker dealer for intellectual property securitization. From 1987 until 1999, Mr. Ross was employed by Merrill Lynch where he managed the real estate finance and ABS groups. Mr. Ross began his career at Drexel Burnham Lambert where he worked on several of the early ABS transactions and at Laventhol Horwath where he served as a senior auditor since 2016.
Age 62
Tenure 9 years
Address 1251 Avenue of the Americas, New York, NY, United States, 10020
Phone212 257 4600
Webhttps://www.readycapital.com
Ross received a Masters of Business Administration degree in Finance with distinction from the University of Pennsylvania’s Wharton School of Business in 1984 and a BS degree in Accounting, cum laude, from the State University of New York at Buffalo in 1978.

Jack Ross Latest Insider Activity

Tracking and analyzing the buying and selling activities of Jack Ross against Ready Capital stock is an integral part of due diligence when investing in Ready Capital. Jack Ross insider activity provides valuable insight into whether Ready Capital is net buyers or sellers over its current business cycle. Note, Ready Capital insiders must abide by specific rules, including filing SEC forms every time they buy or sell Ready Capital'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Ready Capital Management Efficiency

The company has Return on Asset (ROA) of (0.0365) % which means that for every 100 dollars spent on asset, it generated a loss of $0.0365. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.1795) %, which implies that it produced no returns to current stockholders. Ready Capital's management efficiency ratios could be used to measure how well Ready Capital manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.04. The current year's Return On Capital Employed is expected to grow to -0.04. At present, Ready Capital's Total Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 2 B, whereas Total Assets are forecasted to decline to about 5.1 B.
Ready Capital Corp reports 437.85 M of total liabilities with total debt to equity ratio (D/E) of 4.88, which implies that the company may not be able to produce enough cash to satisfy its debt commitments. Ready Capital Corp has a current ratio of 4.26, indicating that it is in good position to pay out its debt commitments in time. Note however, debt could still be an excellent tool for Ready to invest in growth at high rates of return.

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Ready Capital Corporation operates as a real estate finance company in the United States. Ready Capital Corporation was founded in 2007 and is headquartered in New York, New York. Ready Capital operates under REITMortgage classification in the United States and is traded on New York Stock Exchange. It employs 600 people. Ready Capital Corp (RC) is traded on New York Stock Exchange in USA. It is located in 1251 Avenue of the Americas, New York, NY, United States, 10020 and employs 475 people. Ready Capital is listed under Mortgage Real Estate Investment Trusts (REITs) category by Fama And French industry classification.

Management Performance

Ready Capital Corp Leadership Team

Elected by the shareholders, the Ready Capital's board of directors comprises two types of representatives: Ready Capital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ready. The board's role is to monitor Ready Capital's management team and ensure that shareholders' interests are well served. Ready Capital's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ready Capital's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dominique Mielle, Independent Director
Thomas Capasse, Chairman of the Board, Chief Executive Officer
Jack CPA, President Director
David Holman, Independent Director
Gilbert Nathan, Independent Director
Andrew Ahlborn, Chief Financial Officer
Frank Filipps, Independent Director
Adam Zausmer, Chief Credit Officer
Julius Erving, Director
Alex Ovalle, MD Syndications
David Cohen, MD Platform
Brian Dunn, Director Division
Todd Sinai, Independent Director
Gary Taylor, Chief Operating Officer
J Reese, Independent Director
Thomas Buttacavoli, Chief Investment Officer
Richard Katzenstein, MD Partnerships
Jack Ross, President Director
Andrea Petro, Director
Andrew CPA, CFO Secretary

Ready Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ready Capital a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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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
1.1
Earnings Share
(2.52)
Revenue Per Share
(1.33)
Quarterly Revenue Growth
(0.78)
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.