Rithm Capital Corp. (RITM)
NYSE: RITM · IEX Real-Time Price · USD
10.73
+0.15 (1.42%)
At close: Jul 2, 2024, 4:00 PM
10.67
-0.06 (-0.56%)
After-hours: Jul 2, 2024, 7:57 PM EDT
Rithm Capital Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Rithm Capital stock have an average target of 12.35, with a low estimate of 11 and a high estimate of 14. The average target predicts an increase of 15.10% from the current stock price of 10.73.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 14, 2024.
Analyst Ratings
The average analyst rating for Rithm Capital stock from 10 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 4 | 4 | 4 | 4 |
| Buy | 4 | 4 | 4 | 5 | 5 | 5 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 7 | 8 | 9 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $11 → $13 | Hold | Maintains | $11 → $13 | +16.50% | May 14, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $13 → $14 | Strong Buy | Reiterates | $13 → $14 | +30.48% | May 10, 2024 |
| Wedbush | Wedbush | Buy Reiterates $13 | Buy | Reiterates | $13 | +21.16% | May 9, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $12 → $13 | Buy | Maintains | $12 → $13 | +16.50% | May 2, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $11 | Buy | Reiterates | $11 | +2.52% | Apr 19, 2024 |
Financial Forecast
Revenue This Year
2.00B
from 3.69B
Decreased by -45.91%
Revenue Next Year
2.08B
from 2.00B
Increased by 4.06%
EPS This Year
1.79
from 1.10
Increased by 62.37%
EPS Next Year
1.85
from 1.79
Increased by 3.43%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.2B | 2.6B | 1.8B |
| Avg | 2.0B | 2.1B | 1.7B |
| Low | 1.8B | 1.7B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -40.8% | 28.8% | -14.7% |
| Avg | -45.9% | 4.1% | -17.1% |
| Low | -52.1% | -13.8% | -20.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.99 | 2.07 | 2.26 |
| Avg | 1.79 | 1.85 | 2.06 |
| Low | 1.59 | 1.45 | 1.85 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 81.4% | 15.8% | 22.2% |
| Avg | 62.4% | 3.4% | 11.5% |
| Low | 44.3% | -18.8% | 0.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.