Rithm Capital Corp. (RITM)

NYSE: RITM · IEX Real-Time Price · USD
8.91
+0.04 (0.51%)
Dec 7, 2022 10:50 AM EST - Market open
0.51%
Market Cap 4.20B
Revenue (ttm) 4.89B
Net Income (ttm) 943.48M
Shares Out 467.97M
EPS (ttm) 1.95
PE Ratio 4.57
Forward PE 6.36
Dividend $1.00 (11.22%)
Ex-Dividend Date Oct 3, 2022
Volume 790,543
Open 8.79
Previous Close 8.86
Day's Range 8.75 - 8.91
52-Week Range 6.86 - 11.75
Beta 1.74
Analysts Buy
Price Target 11.58 (+30.0%)
Earnings Date Nov 2, 2022

About RITM

Rithm Capital Corp. provides capital and services to the real estate and financial services sectors in the United States. Its investment portfolio comprises mortgage servicing related assets, residential securities and loans, and consumer loans. It qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as New Residential Investment Corp. and ch... [Read more]

Industry REIT-Mortgage
Founded 2011
CEO Michael Nierenberg
Employees 7,330
Stock Exchange NYSE
Ticker Symbol RITM
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for RITM stock is "Buy." The 12-month stock price forecast is 11.58, which is an increase of 29.97% from the latest price.

Price Target
$11.58
(29.97% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Why Is Rithm Capital's Dividend So High?

The mortgage REIT has a fat dividend yield, but is it sustainable?

5 hours ago - The Motley Fool

Rithm Capital Corp. (RITM) Is a Trending Stock: Facts to Know Before Betting on It

Recently, Zacks.com users have been paying close attention to Rithm (RITM). This makes it worthwhile to examine what the stock has in store.

1 week ago - Zacks Investment Research

Investors Heavily Search Rithm Capital Corp. (RITM): Here is What You Need to Know

Zacks.com users have recently been watching Rithm (RITM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

3 weeks ago - Zacks Investment Research

3 Passive Income Machines to Fund Your Retirement

These dividend stocks can supply their investors with lots of income in retirement.

Other symbols: GTYWPC
3 weeks ago - The Motley Fool

Here's Why Rithm Capital Is Outperforming Its Peers by Leaps and Bounds

This diversified mortgage REIT has outperformed its origination and mortgage REIT peers.

4 weeks ago - The Motley Fool

3 Under-the-Radar Dividend Stocks That Could Make You Richer

Buying these stocks before they become mainstream increases your chances of getting richer.

Other symbols: BXHASI
1 month ago - The Motley Fool

Rithm (RITM) Tops Q3 Earnings and Revenue Estimates

Rithm (RITM) delivered earnings and revenue surprises of 28% and 5.89%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Rithm Capital Corp. Announces Third Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. Announces Third Quarter 2022 Results

1 month ago - Business Wire

Rithm Capital (RITM) to Post Q3 Earnings: Here's What to Expect

Rithm Capital's (RITM) third-quarter results are likely to reflect a significant increase in net servicing revenues.

1 month ago - Zacks Investment Research

Analysts Estimate Rithm (RITM) to Report a Decline in Earnings: What to Look Out for

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.

1 month ago - Zacks Investment Research

These 2 Double-Digit Mortgage Trusts Hit Their 52 Week Lows - Will REITs See A Rally?

When assessing mortgage real estate investment trusts (REITs), one factor to consider is the stock price should never trade at a premium to the book value more than its dividend yield.

Other symbols: BXMT
1 month ago - Benzinga

Here is What to Know Beyond Why Rithm Capital Corp. (RITM) is a Trending Stock

Rithm (RITM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

1 month ago - Zacks Investment Research

Rithm Capital Corp. Schedules Third Quarter 2022 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. Schedules Third Quarter 2022 Earnings Release and Conference Call for November 2, 2022

1 month ago - Business Wire

These 3 Stocks Underperformed the Market This Year. Is Now the Time to Buy?

The mortgage REIT sector has been beaten up badly. The sector will be investible soon.

Other symbols: AGNCNLY
1 month ago - The Motley Fool

Want $500 in Passive Income? Invest $10,000 in These 3 Warren Buffett Dividend Stocks and Wait 3 Years

These Buffett stocks are beaten down for bad reasons.

Other symbols: LOBMPW
2 months ago - The Motley Fool

What Does the Housing Recession Mean for Rithm Capital?

The real estate market seems to be cooling down, and this could affect earnings.

2 months ago - The Motley Fool

Rithm Capital Corp. Declares Third Quarter 2022 Common and Preferred Dividends

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. Declares Third Quarter 2022 Common and Preferred Dividends

2 months ago - Business Wire

Burford Capital Appoints Jordan Licht as Chief Financial Officer

GUERNSEY / ACCESSWIRE / September 6, 2022 / Burford Capital Limited, the leading global finance and asset management firm focused on law, today announces that Jordan Licht has been appointed as its Chie...

Other symbols: BUR
3 months ago - Accesswire

3 Under-the-Radar Dividend Stocks With Yields of 5% or More

With these stocks, you can have your cake and eat it, too.

Other symbols: EPRMPW
3 months ago - The Motley Fool

Rithm Capital Rings in Rebrand with NYSE Opening Bell

NEW YORK--(BUSINESS WIRE)--The Rithm Capital team rang the NYSE opening bell in celebration of its recent rebrand.

3 months ago - Business Wire

This High-Yield Dividend Stock Has a New Name -- Here's What You Need to Know

This high yielder is preparing for a tougher origination environment

3 months ago - The Motley Fool

Rithm Capital Corp. Announces Second Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--Rithm Capital Announces Second Quarter 2022 Results

4 months ago - Business Wire