Rithm (RITM) Dips More Than Broader Market: What You Should Know

Rithm (RITM) declined 2.05% to $9.57 in the latest session, underperforming the S&P 500's 0.45% loss. The real estate investment trust has lost 4.78% over the past month. While revenue is expected to grow 33.3% year-over-year, EPS is forecasted to decline 5.56%. The stock trades at a Forward P/E of 4.32, below the industry average of 11.74, and carries a Zacks Rank of #3 (Hold).