Rithm Capital Corp.·Real Estate

In the most recent trading session, Rithm (RITM) closed at $10.09, indicating a +1.51% shift from the previous trading day.

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE:RITM, “Rithm Capital,” “Rithm” or the “Company”) announced today that it will release its first quarter 2026 financial results for the period ended March 31, 2026 on Tuesday, April 28, 2026 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on that same day at 8:00 a.m. Eastern Time. A copy of the earnings release will be posted to the Investors – Events & Presentations section of the.

Rithm Capital (RITM) is transitioning from a mortgage REIT to a diversified financial services and asset management platform, with four distinct operating segments. RITM's EAD yield stands at 23.65% and its conservative 42.56% payout ratio underpins a secure 10%+ dividend yield, offering significant upside potential. The asset management segment, bolstered by Crestline and Sculptor acquisitions, is a key catalyst for multiple expansion and could drive the stock toward a $14 target.

The mean of analysts' price targets for Rithm (RITM) points to a 41.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Rithm (RITM) closed at $9.63 in the latest trading session, marking a +1.69% move from the prior day.

Rithm Capital preferred share RITM-A offers a floating yield of 10.10% at current prices, making it attractive for income-focused investors. RITM-A's yield is tied to short-term rates, with a 5.802% spread over SOFR, appealing if rates remain elevated. Shares trade slightly below the "Buy" range, presenting a viable—though not no-brainer—entry point for those bullish on rates.
Rithm Capital Corp. provides capital and services to the real estate and financial services sectors in the United States. Its investment portfolio comprises mortgage servicing related assets, residential securities and loans, and consumer loans. It qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as New Residential Investment Corp. and changed its name to Rithm Capital Corp. in August 2022. Rithm Capital Corp. was incorporated in 2011 and is headquartered in New York, New York.
Real Estate
REIT - Mortgage
6,045
2013-05-02
1.19