Wedbush Issues Positive Forecast for Rithm Capital Earnings

Rithm Capital Corp. (NYSE:RITM) – Equities research analysts at Wedbush boosted their Q1 2025 earnings per share (EPS) estimates for shares of Rithm Capital in a research report issued on Thursday, November 7th. Wedbush analyst J. Mccanless now forecasts that the real estate investment trust will post earnings per share of $0.50 for the quarter, up from their prior estimate of $0.47. Wedbush has a “Outperform” rating and a $14.00 price target on the stock. The consensus estimate for Rithm Capital’s current full-year earnings is $1.85 per share. Wedbush also issued estimates for Rithm Capital’s Q2 2025 earnings at $0.45 EPS, Q3 2025 earnings at $0.46 EPS, Q4 2025 earnings at $0.49 EPS and FY2026 earnings at $1.95 EPS.

Rithm Capital (NYSE:RITM) last announced its quarterly earnings data on Tuesday, October 29th. The real estate investment trust reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.12. The business had revenue of $619.51 million for the quarter, compared to analyst estimates of $1.11 billion. Rithm Capital had a net margin of 14.99% and a return on equity of 17.54%. During the same quarter in the previous year, the firm posted $0.58 earnings per share.

Other research analysts have also recently issued reports about the company. Royal Bank of Canada reissued an “outperform” rating and set a $13.00 price target on shares of Rithm Capital in a research report on Tuesday, August 13th. JMP Securities increased their price objective on Rithm Capital from $11.00 to $12.50 and gave the company a “market outperform” rating in a report on Friday, July 19th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $12.78.

Rithm Capital Trading Up 1.0 %

Shares of NYSE:RITM opened at $10.78 on Friday. The company’s 50-day moving average price is $11.08 and its two-hundred day moving average price is $11.16. Rithm Capital has a one year low of $9.68 and a one year high of $12.02. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.35 and a quick ratio of 0.49. The stock has a market capitalization of $5.60 billion, a PE ratio of 10.89 and a beta of 1.80.

Institutional Trading of Rithm Capital

Several hedge funds and other institutional investors have recently modified their holdings of RITM. AQR Capital Management LLC raised its holdings in Rithm Capital by 4.1% in the 2nd quarter. AQR Capital Management LLC now owns 29,848 shares of the real estate investment trust’s stock valued at $326,000 after acquiring an additional 1,183 shares during the period. Empowered Funds LLC increased its stake in shares of Rithm Capital by 8.3% during the third quarter. Empowered Funds LLC now owns 15,824 shares of the real estate investment trust’s stock worth $176,000 after purchasing an additional 1,216 shares during the period. Founders Financial Alliance LLC lifted its holdings in Rithm Capital by 2.6% during the 2nd quarter. Founders Financial Alliance LLC now owns 50,942 shares of the real estate investment trust’s stock worth $556,000 after purchasing an additional 1,286 shares during the last quarter. Abich Financial Wealth Management LLC boosted its stake in Rithm Capital by 56.8% in the 1st quarter. Abich Financial Wealth Management LLC now owns 4,031 shares of the real estate investment trust’s stock valued at $45,000 after purchasing an additional 1,461 shares during the period. Finally, Atomi Financial Group Inc. grew its holdings in Rithm Capital by 6.4% in the 3rd quarter. Atomi Financial Group Inc. now owns 24,711 shares of the real estate investment trust’s stock valued at $280,000 after buying an additional 1,481 shares in the last quarter. Institutional investors own 44.92% of the company’s stock.

Rithm Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 1st were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 9.28%. The ex-dividend date of this dividend was Tuesday, October 1st. Rithm Capital’s dividend payout ratio is 101.01%.

About Rithm Capital

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.