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

Rithm Capital Corp. (NYSE:RITM) – Wedbush reduced their Q1 2025 earnings 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 forecast 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 released its quarterly earnings data on Thursday, February 6th. The real estate investment trust reported $0.60 EPS for the quarter, beating the consensus estimate of $0.44 by $0.16. Rithm Capital had a net margin of 17.79% and a return on equity of 18.15%.

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

Rithm Capital Trading Down 0.1 %

Shares of RITM opened at $11.44 on Monday. The company has a current ratio of 1.09, a quick ratio of 1.35 and a debt-to-equity ratio of 1.74. The company has a market cap of $5.95 billion, a P/E ratio of 6.85 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 company’s fifty day simple moving average is $11.69 and its 200-day simple moving average is $11.23.

Institutional Investors Weigh In On Rithm Capital

Several hedge funds and other institutional investors have recently made changes to their positions in RITM. SeaCrest Wealth Management LLC lifted its holdings in shares of Rithm Capital by 1.0% in the 4th quarter. SeaCrest Wealth Management LLC now owns 94,566 shares of the real estate investment trust’s stock valued at $1,024,000 after purchasing an additional 951 shares during the last quarter. 1620 Investment Advisors Inc. boosted its holdings in shares of Rithm Capital by 2.1% in the fourth 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 increased its stake in shares of Rithm Capital by 2.0% during the fourth quarter. Summit Trail Advisors LLC now owns 49,380 shares of the real estate investment trust’s stock worth $547,000 after acquiring an additional 967 shares during the period. Steward Partners Investment Advisory LLC raised its holdings in Rithm Capital by 2.9% during the fourth 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 lifted its position in Rithm Capital by 7.3% in the fourth quarter. Vident Advisory LLC now owns 15,509 shares of the real estate investment trust’s stock valued at $168,000 after purchasing an additional 1,051 shares during the period. Institutional investors and hedge funds own 44.92% of the company’s stock.

Rithm Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 8.75%. The ex-dividend date of this dividend is Monday, March 31st. Rithm Capital’s dividend payout ratio (DPR) is presently 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.