Analysts Offer Predictions for Rithm Capital FY2025 Earnings

Rithm Capital Corp. (NYSE:RITM) – Equities research analysts at B. Riley increased their FY2025 earnings per share (EPS) estimates for shares of Rithm Capital in a research report issued on Wednesday, February 26th. B. Riley analyst R. Binner now forecasts that the real estate investment trust will post earnings of $2.00 per share for the year, up from their previous forecast of $1.96. B. Riley currently 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) last released its quarterly earnings data on Thursday, February 6th. The real estate investment trust reported $0.60 EPS for the quarter, topping 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%.

Several other equities research analysts have also issued reports on the stock. JMP Securities reissued a “market outperform” rating and set a $12.50 target price on shares of Rithm Capital in a research note on Thursday, January 23rd. Wedbush reiterated an “outperform” rating and set a $14.00 price target on shares of Rithm Capital in a research report on Thursday, November 7th. Piper Sandler boosted their price objective on Rithm Capital from $11.50 to $12.50 and gave the company a “neutral” rating in a research report on Friday, February 7th. Keefe, Bruyette & Woods increased their target price on Rithm Capital from $13.00 to $13.50 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $13.00 price target on shares of Rithm Capital in a research note on Thursday, November 21st. One investment analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $13.07.

Rithm Capital Stock Performance

Shares of NYSE RITM opened at $12.07 on Thursday. Rithm Capital has a 1 year low of $10.38 and a 1 year high of $12.18. The company has a debt-to-equity ratio of 1.74, a quick ratio of 1.35 and a current ratio of 1.09. The company’s fifty day moving average price is $11.36 and its 200 day moving average price is $11.20. The company has a market capitalization of $6.28 billion, a PE ratio of 7.22 and a beta of 1.79.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RITM. SeaCrest Wealth Management LLC grew its holdings in shares of Rithm Capital by 1.0% during the fourth quarter. SeaCrest Wealth Management LLC now owns 94,566 shares of the real estate investment trust’s stock worth $1,024,000 after buying an additional 951 shares in the last quarter. 1620 Investment Advisors Inc. grew its stake in Rithm Capital by 2.1% during the 4th quarter. 1620 Investment Advisors Inc. now owns 46,035 shares of the real estate investment trust’s stock valued at $499,000 after acquiring an additional 960 shares in the last quarter. Summit Trail Advisors LLC raised its holdings in Rithm Capital by 2.0% in the 4th quarter. Summit Trail Advisors LLC now owns 49,380 shares of the real estate investment trust’s stock valued at $547,000 after acquiring an additional 967 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its stake in Rithm Capital by 2.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 35,792 shares of the real estate investment trust’s stock worth $388,000 after purchasing an additional 1,016 shares in the last quarter. Finally, Vident Advisory LLC boosted its holdings in shares of Rithm Capital by 7.3% during the 4th quarter. Vident Advisory LLC now owns 15,509 shares of the real estate investment trust’s stock worth $168,000 after purchasing an additional 1,051 shares during the last quarter. Hedge funds and other institutional investors own 44.92% of the company’s stock.

Rithm Capital Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 8.29%. The ex-dividend date of this dividend was Tuesday, December 31st. Rithm Capital’s payout ratio is 59.88%.

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.