B+
Bull case
25%
Probability
Target price
$2.20
Analysis reference price unavailable
Analysis 2026-06-11 · RankAlpha Sentiment Codex
RC
Ready CapitalDNYSE / Financial Services
Last Price
Quote time unavailable
Current thesis
The constructive view is that the market may already discount much of the pain from the balance-sheet repositioning. Management said large-scale asset sales should largely finish by the end of Q2 2026 and that book-value pressure should begin to subside afterward, which could reduce the liquidity overhang if execution holds [#SEC-8K-2026-05-07].
Posture
Defensive
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite.
What can break
Book value pressure remains material after falling to $7.43 per share as of March 31, 2026 from $8.79 at December 31, 2025 [#SEC-8K-2026-05-07] [#SEC-8K-2026-02-26].
Momentum
94
Value
40
Sentiment
50
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $1.30 · Bull $2.20 · Bear $0.80Analysis 2026-06-11; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-10 • Model: HYBRID_IC_RP
AI Memo
As of 2026-06-11 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-09-10
Investment thesis
As of 2026-09-10
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-10. Definitions
Supporting evidence
What
Grade D · Defensive
Confidence Medium · Net Neutral
Target $1.80
Why
Momentum94 · Δ7d -
Value40 · Δ7d -0.1
Sentiment50 · Δ7d -
So what
Weak posture (Net Neutral). Prioritize risk control and patience.
Confirming evidence
- • Sentiment remains the lead driver in the composite.
Contradictions & invalidation
- • Book value pressure remains material after falling to $7.43 per share as of March 31, 2026 from $8.79 at December 31, 2025 [#SEC-8K-2026-05-07] [#SEC-8K-2026-02-26].
- • Credit stress remains elevated because 60+ day core delinquencies increased to 14.8% of the core CRE portfolio, even if management links much of the move to sales and liquidation strategy [#SEC-8K-2026-05-07].
- • The bearish view remains stronger in the current packet: Q1 2026 included a GAAP loss of $(1.25) per share, distributable loss of $(1.00), book value fell to $7.43 from $8.79 at year-end, and 60+ day core delinquencies rose to 14.8%.
Catalyst clock
2026-06-30
End-Q2 asset-sale checkpoint for the last phase of the repositioning plan
Lead driver: Sentiment · See AI snapshot
Momentum
94
9% active weight
Current posture
7d trendTrend unavailable
Trend unavailable
Δ7d
-
Δ21d
-
Value
40
28% active weight
Current posture
7d trendFlat
Δ7d
-0.1
Δ21d
-0.1
Sentiment
50
62% active weight
Current posture
7d trendTrend unavailable
Trend unavailable
Δ7d
-
Δ21d
-
Why this grade
Composite grade D. Momentum 93.7 / Value 40.0 / Sentiment 50.1
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-06-11. Scenario method
Most likely
B
Base case
45%
Probability
Target price
$1.30
Analysis reference price unavailable
Analysis 2026-06-11 · RankAlpha Sentiment Codex
B-
Bear case
30%
Probability
Target price
$0.80
Analysis reference price unavailable
Analysis 2026-06-11 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-08-17
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$280.83M
Beta
1.50
Shares Out
165.19M
P/E (TTM) · Derived
-1.2
P/S (TTM)
0.44
P/FCF (TTM)
0.95
Rev YoY
-60.3%
EPS YoY
+79.7%
Gross Margin
+48.7%
Op Margin
-25.1%
Net Debt
$5.63B
Current Ratio
1.45
As of 2026-09-10 • Updated nightlySource: Internal modelMethods & Data