Rithm Capital Corp
Real Estate
Rithm Capital Corp (RITM) Stock News
The latest RITM headlines and market coverage — 4 recent stories, updated throughout the day.
- Zacks Investment Research·Neutral
Rithm (RITM) Declines More Than Market: Some Information for Investors
Rithm (RITM) declined 2.08% to $8.93, underperforming the S&P 500's 0.25% loss. The stock has fallen 7.79% over the past month, lagging the Finance sector. Despite a projected 33.3% revenue increase, earnings are expected to decline 5.56% year-over-year. The company holds a Zacks Rank #2 (Buy) with a Forward P/E of 4.04, trading at a discount to its industry average of 11.02.
- Zacks Investment Research·Neutral
Wall Street Bulls Look Optimistic About Rithm (RITM): Should You Buy?
While Wall Street analysts maintain a bullish stance on Rithm (RITM) with an average brokerage recommendation of 1.36 (Strong Buy/Buy), the article cautions that brokerage recommendations often suffer from positive bias due to vested interests. The Zacks Rank assigns RITM a #3 (Hold) rating based on unchanged earnings estimates of $2.26, suggesting the stock may perform in line with the broader market in the near term.
- Zacks Investment Research·Neutral
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).
- Zacks Investment Research·
Rithm (RITM) Registers a Bigger Fall Than the Market: Important Facts to Note
Rithm (RITM) declined 1.29% to $9.95, underperforming the S&P 500's 0.58% loss. The real estate investment trust faces a projected 5.56% EPS decline for the upcoming quarter, though revenue is expected to rise 33.3% year-over-year. The stock holds a Zacks Rank #3 (Hold) with a Forward P/E of 4.46, trading at a discount to its industry average of 11.91.