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

Rithm Capital Corp. (NYSE:RITM - Free Report) - Investment analysts at Wedbush dropped their Q1 2025 earnings per share (EPS) estimates for shares of Rithm Capital in a research report issued to clients and investors on Thursday, March 27th. Wedbush analyst J. Mccanless now expects 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.

A number of other brokerages have also commented on RITM. B. Riley upgraded shares of Rithm Capital to a "strong-buy" rating in a report on Tuesday, January 7th. Piper Sandler upped their price target on Rithm Capital from $11.50 to $12.50 and gave the company a "neutral" rating in a research report on Friday, February 7th. Finally, JMP Securities reissued a "market outperform" rating and issued a $12.50 price target on shares of Rithm Capital in a research note on Thursday, January 23rd. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $13.25.

Rithm Capital Trading Down 2.5 %

RITM traded down $0.29 during trading on Monday, reaching $11.26. 5,327,016 shares of the company's stock were exchanged, compared to its average volume of 3,606,397. The company has a current ratio of 1.09, a quick ratio of 1.35 and a debt-to-equity ratio of 1.74. Rithm Capital has a one year low of $10.38 and a one year high of $12.20. The firm has a fifty day moving average price of $11.70 and a two-hundred day moving average price of $11.23. The stock has a market capitalization of $5.86 billion, a PE ratio of 6.74 and a beta of 1.83.

Rithm Capital (NYSE:RITM - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The real estate investment trust reported $0.60 earnings per share for the quarter, topping 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%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Versant Capital Management Inc acquired a new stake in Rithm Capital during the first quarter worth approximately $98,000. Wellington Management Group LLP increased its stake in shares of Rithm Capital by 0.9% in the 4th quarter. Wellington Management Group LLP now owns 3,600,461 shares of the real estate investment trust's stock valued at $38,993,000 after acquiring an additional 32,544 shares in the last quarter. California State Teachers Retirement System lifted its position in shares of Rithm Capital by 5.3% during the 4th quarter. California State Teachers Retirement System now owns 486,434 shares of the real estate investment trust's stock valued at $5,268,000 after acquiring an additional 24,542 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in Rithm Capital by 830.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 168,999 shares of the real estate investment trust's stock worth $1,830,000 after acquiring an additional 150,832 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Rithm Capital in the fourth quarter worth $4,528,000. 44.92% of the stock is owned by institutional investors.

Rithm Capital Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be issued 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 yield of 8.88%. Rithm Capital's payout ratio is currently 59.88%.

About Rithm Capital

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.