In recent trading session, Rithm Capital Corporation (NYSE:RITM) saw 1.36 million shares changing hands at last check today with its beta currently measuring 1.35. Company’s recent per share price level of $10.38 trading at -$0.02 or -0.24% at last check today assigns it a market valuation of $5.50B. That most recent trading price of RITM’s stock is at a discount of -17.44% from its 52-week high price of $12.19 and is indicating a premium of 12.04% from its 52-week low price of $9.13. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.73 million shares which gives us an average trading volume of 4.84 million if we extend that period to 3-months.
For Rithm Capital Corporation (RITM), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.18. Splitting up the data highlights that, out of 6 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.5 in the current quarter.
Rithm Capital Corporation (NYSE:RITM) trade information
Upright in the red during last session for losing -0.24%, in the last five days RITM remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $10.38 price level, adding 2.54% to its value on the day. Rithm Capital Corporation’s shares saw a change of -4.20% in year-to-date performance and have moved 2.32% in past 5-day. Rithm Capital Corporation (NYSE:RITM) showed a performance of -11.02% in past 30-days. Number of shares sold short was 5.13 million shares which calculate 1.19 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 13 to the stock, which implies a rise of 20.15% to its recent value today. Analysts have been projecting 13 as a low price target for the stock while placing it at a high target of 13. It follows that stock’s current price would drop -25.24% in reaching the projected high whereas dropping to the targeted low would mean a loss of -25.24% for stock’s current value.
Rithm Capital Corporation (RITM) estimates and forecasts
This year revenue growth is estimated to rise 4.33% from the last financial year’s standing.
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.3B for the same. And 6 analysts are in estimates of company making revenue of 1.33B in the next quarter. Company posted 1.23B and 619.51M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 4.44% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -4.17% while estimates for its earnings growth in next 5 years are of -1.27%.
RITM Dividends
Rithm Capital Corporation is more likely to be releasing its next quarterly report on 2025-Feb-05 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 9.64%, the share has a forward dividend of 1.00 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 9.99%.
Rithm Capital Corporation (NYSE:RITM)’s Major holders
Insiders are in possession of 0.46% of company’s total shares while institution are holding 49.72 percent of that, with stock having share float percentage of 49.95%. Investors also watch the number of corporate investors in a company very closely, which is 49.72% institutions for Rithm Capital Corporation that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at RITM for having 45.7 million shares of worth $498.63 million. And as of 2024-06-30, it was holding 9.3902 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 26.88 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.5236 of outstanding shares, having a total worth of $293.31 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 16.29 shares of worth $169.79 million or 3.07% of the total outstanding shares. The later fund manager was in possession of 13.24 shares on Dec 31, 2024 , making its stake of worth around $138.01 million in the company or a holder of 2.50% of company’s stock.
