Wedbush Forecasts Rithm Capital’s Q1 Earnings (NYSE:RITM)

Rithm Capital Corp. (NYSE:RITM) – Wedbush dropped their Q1 2025 earnings per share estimates for shares of Rithm Capital in a research report issued to clients and investors on Thursday, March 27th. Wedbush analyst J. Mccanless now forecasts that the real estate investment trust will post earnings per share of $0.46 for the quarter, down from their previous estimate of $0.50. Wedbush currently has a “Outperform” rating and a $14.00 target price on the stock. The consensus estimate for Rithm Capital’s current full-year earnings is $1.93 per share. Wedbush also issued estimates for Rithm Capital’s Q2 2025 earnings at $0.48 EPS, Q3 2025 earnings at $0.49 EPS, Q4 2025 earnings at $0.53 EPS, FY2025 earnings at $1.96 EPS and FY2026 earnings at $2.03 EPS.

Rithm Capital (NYSE:RITM) last posted its earnings results on Thursday, February 6th. The real estate investment trust reported $0.60 earnings per share 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%.

Several other analysts also recently commented on the stock. Keefe, Bruyette & Woods upped their price target on shares of Rithm Capital from $13.00 to $13.50 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. B. Riley raised shares of Rithm Capital to a “strong-buy” rating in a report on Tuesday, January 7th. Piper Sandler increased their target price on shares of Rithm Capital from $11.50 to $12.50 and gave the stock a “neutral” rating in a research note on Friday, February 7th. Finally, JMP Securities restated a “market outperform” rating and issued a $12.50 price target on shares of Rithm Capital in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $13.25.

Rithm Capital Price Performance

Shares of NYSE RITM opened at $11.39 on Monday. The stock has a market cap of $5.93 billion, a P/E ratio of 6.82 and a beta of 1.83. Rithm Capital has a twelve month low of $10.38 and a twelve month high of $12.20. The stock has a 50 day moving average of $11.69 and a two-hundred day moving average of $11.23. The company has a current ratio of 1.09, a quick ratio of 1.35 and a debt-to-equity ratio of 1.74.

Institutional Investors Weigh In On Rithm Capital

Hedge funds have recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Rithm Capital during the 4th quarter worth approximately $76,082,000. JPMorgan Chase & Co. raised its position in Rithm Capital by 119.1% in the third quarter. JPMorgan Chase & Co. now owns 4,608,008 shares of the real estate investment trust’s stock worth $52,301,000 after acquiring an additional 2,504,529 shares in the last quarter. Azora Capital LP lifted its holdings in Rithm Capital by 107.6% in the third quarter. Azora Capital LP now owns 4,383,821 shares of the real estate investment trust’s stock valued at $49,756,000 after acquiring an additional 2,271,671 shares during the period. Balyasny Asset Management L.P. boosted its position in shares of Rithm Capital by 48.6% during the 4th quarter. Balyasny Asset Management L.P. now owns 6,535,525 shares of the real estate investment trust’s stock worth $70,780,000 after purchasing an additional 2,136,342 shares in the last quarter. Finally, Soros Fund Management LLC purchased a new stake in shares of Rithm Capital during the 3rd quarter worth $23,835,000. Institutional investors and hedge funds own 44.92% of the company’s stock.

Rithm Capital Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 8.78%. Rithm Capital’s dividend payout ratio (DPR) is 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.