Rithm Capital Corp. (NYSE:RITM – Free Report) – Research analysts at B. Riley cut their FY2026 earnings estimates for shares of Rithm Capital in a note issued to investors 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 prior 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 earnings results on Thursday, February 6th. The real estate investment trust reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.16. Rithm Capital had a return on equity of 18.15% and a net margin of 17.79%.
View Our Latest Research Report on Rithm Capital
Rithm Capital Trading Up 3.5 %
NYSE RITM opened at $10.32 on Wednesday. The business’s fifty day moving average is $11.27 and its 200-day moving average is $11.09. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.09 and a quick ratio of 1.35. The stock has a market capitalization of $5.47 billion, a price-to-earnings ratio of 6.18 and a beta of 1.36. Rithm Capital has a one year low of $9.13 and a one year high of $12.20.
Institutional Trading of Rithm Capital
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Wilmington Savings Fund Society FSB purchased a new position in Rithm Capital during the 3rd quarter valued at about $43,000. Quarry LP grew its stake in Rithm Capital by 47.5% during the fourth quarter. Quarry LP now owns 4,118 shares of the real estate investment trust’s stock valued at $45,000 after acquiring an additional 1,327 shares in the last quarter. Householder Group Estate & Retirement Specialist LLC lifted its stake in Rithm Capital by 86.7% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 4,439 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 2,062 shares in the last quarter. Quadrant Capital Group LLC lifted its stake in Rithm Capital by 35.2% in the 4th quarter. Quadrant Capital Group LLC now owns 4,655 shares of the real estate investment trust’s stock worth $50,000 after purchasing an additional 1,211 shares in the last quarter. Finally, Quent Capital LLC boosted its holdings in Rithm Capital by 58.6% in the 1st quarter. Quent Capital LLC now owns 5,465 shares of the real estate investment trust’s stock valued at $63,000 after purchasing an additional 2,019 shares during the period. 44.92% of the stock is currently owned by institutional investors.
Rithm Capital Announces Dividend
The business 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 dividend on an annualized basis and a dividend yield of 9.69%. The ex-dividend date is Monday, March 31st. Rithm Capital’s payout ratio is currently 59.88%.
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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