Rithm Capital Corp. (NYSE:RITM - Free Report) - Research analysts at B. Riley cut their Q3 2025 EPS estimates for shares of Rithm Capital in a note issued to investors on Monday, July 28th. B. Riley analyst R. Binner now anticipates that the real estate investment trust will post earnings per share of $0.50 for the quarter, down from their prior forecast of $0.52. The consensus estimate for Rithm Capital's current full-year earnings is $1.93 per share.
Rithm Capital (NYSE:RITM - Get Free Report) last issued its earnings results on Monday, July 28th. The real estate investment trust reported $0.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.51 by $0.03. The company had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.18 billion. Rithm Capital had a net margin of 16.72% and a return on equity of 19.07%.
A number of other brokerages have also issued reports on RITM. Keefe, Bruyette & Woods lifted their target price on shares of Rithm Capital from $13.50 to $14.00 and gave the company an "outperform" rating in a research note on Tuesday, July 29th. UBS Group reaffirmed a "buy" rating and issued a $14.00 price objective (up previously from $13.00) on shares of Rithm Capital in a research note on Tuesday, July 15th. BTIG Research reaffirmed a "buy" rating and issued a $16.00 price objective on shares of Rithm Capital in a research note on Friday, April 25th. Royal Bank Of Canada lifted their price objective on shares of Rithm Capital from $13.00 to $14.00 and gave the company an "outperform" rating in a research note on Friday. Finally, Wedbush reaffirmed an "outperform" rating and issued a $14.00 price objective on shares of Rithm Capital in a research note on Monday, May 19th. Eight equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Buy" and an average price target of $14.00.
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Rithm Capital Stock Up 0.2%
Shares of NYSE:RITM traded up $0.02 during trading on Wednesday, reaching $12.05. 4,239,371 shares of the company traded hands, compared to its average volume of 4,076,078. The firm has a fifty day simple moving average of $11.57 and a 200 day simple moving average of $11.39. The firm has a market cap of $6.39 billion, a P/E ratio of 9.27 and a beta of 1.25. Rithm Capital has a 1-year low of $9.13 and a 1-year high of $12.59. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 1.68.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC bought a new position in shares of Rithm Capital during the 2nd quarter worth about $96,027,000. Norges Bank acquired a new stake in shares of Rithm Capital during the 4th quarter valued at about $76,082,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Rithm Capital during the 2nd quarter valued at about $24,938,000. Balyasny Asset Management L.P. boosted its position in shares of Rithm Capital by 48.6% during the 4th quarter. Balyasny Asset Management L.P. now owns 6,535,525 shares of the real estate investment trust's stock valued at $70,780,000 after acquiring an additional 2,136,342 shares in the last quarter. Finally, Mackenzie Financial Corp boosted its position in shares of Rithm Capital by 288.6% during the 1st quarter. Mackenzie Financial Corp now owns 2,725,392 shares of the real estate investment trust's stock valued at $31,206,000 after acquiring an additional 2,024,090 shares in the last quarter. Institutional investors own 44.92% of the company's stock.
Rithm Capital Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Monday, June 30th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 8.3%. The ex-dividend date was Monday, June 30th. Rithm Capital's dividend payout ratio (DPR) is 76.92%.
Rithm Capital Company Profile
(
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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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