RCA News and Press, Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 From 05/07/21

Ready Capital Corporation (RC) Q1 2021 Earnings Conference Call May 7, 2021 8:30 AM ET Company Participants Andrew Ahlborn – Chief Financial Officer Tom Capasse – Chief Executive Officer Adam Zausmer – Head-Credit Conference Call Participants Tim Hayes – BTIG Steve...

The rally in many high-yield investments is getting out of hand. We’re seeing price-to-book ratios flying well above their normal levels. The increasing prices should cause significant concern, but it appears many investors are feeling complacent about risk after an easy ma...

We’ve got a few larger positions in our portfolio. They are generally in shares where the price is quite steady. One of those positions is in ARR-C. The shares carry a fixed-rate dividend at 7%, which is a material return in a relatively expensive market. The monthly divide...

The stock market today doesn’t have as many bargains. Plenty of amateurs may be hunting for high yields. What do they like besides dividends? Hopefully, some rhymes. It's an opportunity to get educated about mortgage REITs, share issuance, and the impact of interest rates. ...

The market is getting more expensive. There’s no way around it. Investors should be cautious, but most are apathetic. There are still a few mortgage REITs trading at favorable discounts with some upside built in. There aren't many, so buying blindly is an exceptionally poor pla...

The relentless rise in rates has taken a toll on investment grade preferreds. High-yield and limited duration preferreds have fared much better. We review several high-yield and limited duration opportunities from CLO CEFs, mREITs, and new issues from GLP and FTAI in the energy an...

The strongest sectors this week. The best stocks within the best sectors to concentrate on. Over 100 ideas to consider for your watch list. For further details see: The Best Stocks You Can Buy Now

Some mortgage REITs are still attractive, but several are not. We recently warned investors about one of the less attractive deals, down more than 11%. This lesson illustrates the importance of price-to-book ratios, which is a topic we continue drilling into investors. Investors d...

The rally in the mortgage REIT was incredible. It lived up to everything we projected and then delivered a little bit more on top. AGNC delivered 39% in 10 months. With such a large rally in the sector, and in the market overall, there are fewer opportunities. Investors should be will...

NLY and NRZ rallied and reached the neutral ranges. If shares dipped without a decline in fundamentals, they could be appealing again. The emphasis in analysis of mortgage REITs should rely on book value more than the shape of the yield curve. Investors cannot reasonably forecast ...