Ready Capital Shares Plunge 8.47% on Earnings Loss

Ready Capital (RC) shares fell 1.34% today, marking the second consecutive day of decline, with a total drop of 8.47% over the past two days. The share price hit its lowest level since April 2020, experiencing an intraday decline of 4.68%.

Ready Capital's recent financial performance has been a significant factor in the stock's decline. On March 3, 2025, the company announced a substantial financial loss, reporting a loss of $1.80 per share in the fourth quarter of 2024. This news has raised concerns among investors about the company's financial health and future prospects.

Additionally, Ready Capital's negative Price to Earnings (P/E) ratio of -6.44 further complicates its stock valuation. A negative P/E ratio indicates that the company is not generating earnings, making it difficult to compare its valuation to the broader market. This financial metric has contributed to the downward pressure on the stock price, as investors seek more stable and profitable investments.