In the most recent trading session, Rithm (RITM) closed at $10.09, indicating a +1.51% shift from the previous trading day.
Rithm Capital (RITM) is transitioning from a mortgage REIT to a diversified financial services and asset management platform, with four distinct operating segments. RITM's EAD yield stands at 23.65% and its conservative 42.56% payout ratio underpins a secure 10%+ dividend yield, offering significant upside potential. The asset management segment, bolstered by Crestline and Sculptor acquisitions, is a key catalyst for multiple expansion and could drive the stock toward a $14 target.
The mean of analysts' price targets for Rithm (RITM) points to a 41.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Rithm (RITM) closed at $9.63 in the latest trading session, marking a +1.69% move from the prior day.
Rithm Capital preferred share RITM-A offers a floating yield of 10.10% at current prices, making it attractive for income-focused investors. RITM-A's yield is tied to short-term rates, with a 5.802% spread over SOFR, appealing if rates remain elevated. Shares trade slightly below the "Buy" range, presenting a viable—though not no-brainer—entry point for those bullish on rates.
Rithm (RITM) closed the most recent trading day at $9.14, moving 1.83% from the previous trading session.
The latest trading day saw Rithm (RITM) settling at $8.77, representing a -2.88% change from its previous close.
Rithm Capital (NYSE:RITM) just crossed $100 billion in investable assets and posted a blowout quarter, yet the stock sits near its 52-week low.
Algert Global LLC grew its holdings in shares of Rithm Capital Corp. (NYSE: RITM) by 92.4% in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,535,938 shares of the real estate investment trust's stock after acquiring an additional 737,708 shares during
The latest trading day saw Rithm (RITM) settling at $9.84, representing a +1.97% change from its previous close.
Rithm Capital (RITM) is executing a successful transition from a mortgage REIT to a diversified global alternative asset manager. RITM delivered a 19% EAD return on equity for FY25, with normalized EPS of $0.74 beating consensus by over 23%. Yet the market still values its book value with a large discount following the traditional mREIT model.
In the latest trading session, Rithm (RITM) closed at $9.95, marking a -1.39% move from the previous day.