Rithm Capital Corp. (RITM) Q1 2026 Earnings Call Transcript
Rithm (RITM) came out with quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.52 per share a year ago.
The consensus price target hints at a 37.6% upside potential for Rithm (RITM). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
RITM reports Q1 2026 earnings on April 28, with revenue expected to rise 65% but asset management income projected to plunge 73.6%.
Rithm (RITM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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.