Rithm Property Trust (NYSE:RPT) Downgraded by Wall Street Zen to "Strong Sell"

Key Points

• Wall Street Zen downgraded Rithm Property Trust (RPT) from "sell" to "strong sell", and Weiss Ratings also began coverage with a "sell (d)", leaving a MarketBeat consensus rating of "Sell".
• The company is a small-cap REIT (market cap ~$113.1M) with a negative P/E (-50.90), modest recent results (Q1 EPS ($0.04) slightly beat estimates on $2.85M revenue), and tight liquidity/leverage (current ratio 1.13, quick ratio 0.90, debt/equity 0.93).

Rithm Property Trust (NYSE:RPT - Get Free Report) was downgraded by analysts at Wall Street Zen from a "sell" rating to a "strong sell" rating in a research report issued on Saturday.

Separately, Weiss Ratings began coverage on shares of Rithm Property Trust in a research report on Wednesday, April 8th. They set a "sell (d)" rating on the stock. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Rithm Property Trust presently has a consensus rating of "Sell".

Rithm Property Trust Stock Performance

Rithm Property Trust stock opened at $14.76 on Friday. The company has a quick ratio of 0.90, a current ratio of 1.13 and a debt-to-equity ratio of 0.93. Rithm Property Trust has a 1 year low of $12.88 and a 1 year high of $17.94. The company has a market capitalization of $113.06 million, a P/E ratio of -50.90 and a beta of 1.25.

Rithm Property Trust (NYSE:RPT - Get Free Report) last released its quarterly earnings data on Friday, April 24th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.02. Rithm Property Trust had a net margin of 5.52% and a return on equity of 1.27%. The company had revenue of $2.85 million during the quarter. Equities research analysts expect that Rithm Property Trust will post 0.08 earnings per share for the current fiscal year.

Rithm Property Trust Company Profile

Rithm Property Trust Inc is a real estate investment trust (REIT) externally managed by an affiliate of Rithm Capital Corp. (Rithm). The company focuses on commercial real estate-focused investment, including originating, acquiring and managing portfolios of CMBS, commercial real property, commercial mortgage loans and other CRE investments. It has two reportable operating segments: Residential and Commercial. The majority of the company's revenue is derived from the Residential segment, which is focused on managing a portfolio that includes residential mortgage assets, including whole mortgage loans, RMBS and beneficial interests.

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