Rithm Capital (RITM) Expected to Announce Quarterly Earnings on Friday

Rithm Capital (NYSE:RITM - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Friday, April 25th. Analysts expect Rithm Capital to post earnings of $0.46 per share and revenue of $1.27 billion for the quarter.

Rithm Capital (NYSE:RITM - Get Free Report) last announced 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 net margin of 17.79% and a return on equity of 18.15%. On average, analysts expect Rithm Capital to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Rithm Capital Trading Up 0.2 %

NYSE RITM traded up $0.02 during trading on Wednesday, reaching $10.33. 5,355,044 shares of the stock traded hands, compared to its average volume of 3,887,569. Rithm Capital has a fifty-two week low of $9.13 and a fifty-two week high of $12.20. The company has a quick ratio of 1.35, a current ratio of 1.09 and a debt-to-equity ratio of 1.74. The firm has a market cap of $5.48 billion, a price-to-earnings ratio of 6.19 and a beta of 1.36. The stock's 50-day moving average price is $11.24 and its 200 day moving average price is $11.09.

Rithm Capital Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 9.68%. The ex-dividend date of this dividend is Monday, March 31st. Rithm Capital's dividend payout ratio (DPR) is 59.88%.

Analyst Ratings Changes

RITM has been the topic of several recent analyst reports. JMP Securities reiterated a "market outperform" rating and set a $12.50 target price on shares of Rithm Capital in a report on Thursday, January 23rd. Piper Sandler boosted their price objective on Rithm Capital from $11.50 to $12.50 and gave the company a "neutral" rating in a research report on Friday, February 7th. B. Riley raised Rithm Capital to a "strong-buy" rating in a research note on Tuesday, January 7th. UBS Group cut their price target on shares of Rithm Capital from $14.00 to $13.00 and set a "buy" rating on the stock in a research note on Wednesday, April 16th. Finally, Wedbush reissued an "outperform" rating and set a $14.00 price objective on shares of Rithm Capital in a research report on Friday, March 28th. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Rithm Capital presently has an average rating of "Buy" and an average price target of $13.21.

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.