#3 - Rithm Capital Corp. (NYSE:RITM)
If you think Robinhood investors are only looking for growth stocks, think again. Real estate investment trust Rithm Capital Corp. (NYSE: RITM) screams value stock but still managed to crack the list of the top 100 trending stocks on the platform.
To be fair, RITM stock may be appealing to traders more than investors, but it’s still a notable stock to watch. That has to do with the company’s business model, which focuses on mortgage service rights (MSRs).
MSRs are the rights to service home loans, not the loans themselves. They are contracts that give companies like Rithm the right to collect payments from a borrower. You may experience it when a third-party company starts collecting your mortgage payments.
That’s important because while the housing market is still struggling, MSRs increase in value when mortgage rates stay in a range or move higher. This dynamic explains the choppiness in the RITM stock price in the last year. But with mortgage rates expected to remain higher throughout 2025, it’s easy to see why the stock is gaining attention from traders seeking to capitalize on current housing market conditions.
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.
Read More - Current Price
- $10.96
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 7 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $12.94 (18.0% Upside)
