Ready Capital: Bonds Delivering Value While Equity Evaporates
2026-07-01 12:35:41 ET
Ready Capital ( RC ) has received a substantial amount of coverage from us without ever getting a buy rating. Underlying the large discount to NAV was a set of deteriorating financials and equity value that gave us all the nausea of a triplet-bearing mom in her first trimester. Last time around, though, we did give investors something that they could buy if that finger just got extra itchy....
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Ready Capital: Bonds Delivering Value While Equity EvaporatesNASDAQ: RC
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