The market doesn’t care for shares of RC-E (RC.PE) lately. Share prices are: Down since the start of March 2023. Roughly flat since late March 2023 That’s particularly interesting because the common stock for Ready Capital (RC) has beaten several peers. For instance, you can see how RC recently outperformed AGNC Investment (AGNC) and the VanEck Mortgage REIT income ETF (MORT):
What's Wrong With the 9% Yield From RC-E?
Thank you for the summary!