Rithm Capital Corp. (NYSE:RITM – Free Report) – Research analysts at B. Riley decreased their FY2026 EPS estimates for Rithm Capital in a research report issued on Monday, April 21st. B. Riley analyst R. Binner now expects that the real estate investment trust will earn $2.10 per share for the year, down from their previous estimate of $2.15. B. Riley has a “Strong-Buy” rating on the stock. The consensus estimate for Rithm Capital’s current full-year earnings is $1.93 per share.
Rithm Capital (NYSE:RITM – Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The real estate investment trust reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.16. Rithm Capital had a return on equity of 18.15% and a net margin of 17.79%.
Check Out Our Latest Research Report on Rithm Capital
Rithm Capital Stock Performance
Shares of NYSE:RITM opened at $10.39 on Wednesday. The business has a fifty day moving average of $11.20 and a 200-day moving average of $11.08. The company has a debt-to-equity ratio of 1.74, a quick ratio of 1.35 and a current ratio of 1.09. Rithm Capital has a twelve month low of $9.13 and a twelve month high of $12.20. The firm has a market cap of $5.51 billion, a PE ratio of 6.22 and a beta of 1.36.
Rithm Capital Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 9.62%. The ex-dividend date of this dividend is Monday, March 31st. Rithm Capital’s payout ratio is 59.88%.
Institutional Investors Weigh In On Rithm Capital
A number of institutional investors have recently made changes to their positions in the stock. SeaCrest Wealth Management LLC grew its position in shares of Rithm Capital by 1.0% during the 4th quarter. SeaCrest Wealth Management LLC now owns 94,566 shares of the real estate investment trust’s stock worth $1,024,000 after buying an additional 951 shares during the period. 1620 Investment Advisors Inc. grew its holdings in Rithm Capital by 2.1% during the fourth quarter. 1620 Investment Advisors Inc. now owns 46,035 shares of the real estate investment trust’s stock valued at $499,000 after purchasing an additional 960 shares during the period. Summit Trail Advisors LLC increased its stake in Rithm Capital by 2.0% in the fourth quarter. Summit Trail Advisors LLC now owns 49,380 shares of the real estate investment trust’s stock valued at $547,000 after purchasing an additional 967 shares in the last quarter. Fourth Dimension Wealth LLC raised its holdings in Rithm Capital by 50.0% in the first quarter. Fourth Dimension Wealth LLC now owns 3,000 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 1,000 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its position in shares of Rithm Capital by 2.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 35,792 shares of the real estate investment trust’s stock worth $388,000 after purchasing an additional 1,016 shares in the last quarter. 44.92% of the stock is owned by institutional investors and hedge funds.
Rithm Capital Company Profile
Rithm Capital Corp. operates as an asset manager focused on real estate, credit, and financial services. It operates through Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable, and Asset Management segments. Its investment portfolio primarily comprises of mortgage servicing rights (MSR), and MSR financing receivables, title, appraisal and property preservation, excess MSRs, and services advance investments; real estate securities, call rights, SFR properties, and residential mortgage loans; consumer and business purpose loans; and asset management related investments.
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