Ready Capital Corporation (NYSE:RC) is one of the best NYSE penny stocks to invest in right now. On November 14, UBS lowered the firm’s price target on Ready Capital to $2.75 from $3.50 and maintained a Neutral rating on the shares.
Earlier on November 12, Keefe Bruyette cut the price target on Ready Capital to $2.50 from $3.50 and kept an Underperform rating on the shares. Keefe Bruyette remains cautious on the company due to credit uncertainty, as well as limited long-run earnings visibility.
A few days before the announcement of this sentiment, Ready Capital Corp reported its Q3 2025 financial results. The quarter was defined by a decline in core interest income, along with credit uncertainty. Net Interest Income declined to $10.5 million due to a reduction in the loan portfolio and negative credit migration. Indicating potential credit risk, the total loan portfolio’s delinquency rate reached 5.9%.
Discussions regarding the company’s future strategy focused heavily on managing debt and addressing the limited long-run earnings visibility tied to market access and leverage.
Ready Capital Corporation operates as a real estate finance company in the US. It operates through two segments: LMM Commercial Real Estate and Small Business Lending.
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This article is originally published at Insider Monkey.
