Key Details
Price
$11.53Last Dividend
$0.25Annual ROE
8.82%Beta
0.73Events Calendar
Next earnings date:
Feb 06, 2025Recent quarterly earnings:
Oct 29, 2024Recent annual earnings:
Feb 07, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Dec 31, 2024Next split:
N/ARecent split:
Oct 20, 2014Analyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
Cash Flow
Institutional Ownership
Rithm Capital is a varied mREIT that has a strong presence in the real estate market, concentrating on origination, servicing, and investment areas. As of now, Rithm Capital is considered a hold based on its intrinsic value, mainly due to the significant influence of outside factors. Even with the risks from interest rates, Rithm's internal protections and diverse income streams offer stability, achieving around 25% operating margins after adjustments.
In the latest trading session, Rithm (RITM) finished at $11.34, showing a decrease of 0.61% compared to the day before.
Rithm (RITM) has received a Zacks Rank #1 (Strong Buy), indicating increased confidence in the company's potential earnings. This could lead to a rise in the stock price soon.
NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE:RITM) has announced that it will share its financial results for the fourth quarter and full year 2024 on Thursday, February 6, 2025, before the New York Stock Exchange opens. Additionally, the management team will hold a conference call on the same day at 8:00 A.M. Eastern Time. The earnings release will be available in the Investors – News section.
On January 16, 2025, RITM, SSTK, and TSN were included in the Zacks Rank #1 (Strong Buy) list of income stocks.
Rithm (RITM) finished the last trading day at $10.96, which is a decrease of 0.36% compared to the day before.
Rithm (RITM) has a strong track record of surprising with its earnings and currently has the right factors that suggest it may exceed expectations in its upcoming quarterly report.
Rithm Capital provides a strong 9% dividend yield, distributing less than half of its available profits, which makes it appealing for those seeking passive income. The trust specializes in Mortgage Servicing Rights, which increase in value when interest rates go up, fitting well with the central bank's gradual approach to rate cuts. Additionally, Rithm Capital's expansion into asset management and acquisitions, such as Sculptor Capital Management, boosts its growth opportunities and lessens its dependence on mortgage investments.
Rithm Capital has been recognized as one of the Top 10 Real Estate Investment Trusts (REITs) by Dividend Channel in their latest "DividendRank" report. The report highlighted that RITM shares have appealing valuation and strong profitability indicators compared to other REITs.
This article looks at RITM's latest dividend per share rates, yield percentages, and various measures of dividend sustainability in comparison to 19 other mREIT companies. It also examines RITM's quarterly core earnings and earnings available for distribution (EAD), which are important for understanding the company's ability to maintain its dividends. Additionally, the article forecasts RITM's dividend sustainability for the first and second quarters of 2025.
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