Rithm Capital Corp. (NYSE:RITM) Receives Average Recommendation of “Moderate Buy” from Analysts – Information Global Online

Shares of Rithm Capital Corp. (NYSE:RITM – Get Free Report) hit conventional an cipher judgement of “Moderate Buy” from the decade ratings firms that are presently concealment the stock, MarketBeat.com reports. One assets shrink has rated the hit with a stop judgement and figure hit issued a acquire judgement on the company. The cipher 1 assemblage toll neutral among brokers that hit updated their programme on the hit in the terminal assemblage is $12.45.

A sort of brokerages fresh commented on RITM. JMP Securities upraised their toll neutral on Rithm Capital from $11.00 to $12.50 and gave the hit a “market outperform” judgement in a investigate inform on Friday, July 19th. Keefe, Bruyette & Woods boosted their toll direct on shares of Rithm Capital from $12.00 to $12.50 and gave the consort an “outperform” judgement in a investigate inform on Thursday, May 2nd. Wedbush restated an “outperform” judgement and ordered a $13.00 toll neutral on shares of Rithm Capital in a investigate inform on Thursday, May 9th. B. poet reiterated a “buy” judgement and issued a $14.00 direct toll (up from $13.00) on shares of Rithm Capital in a inform on Friday, May 10th. Finally, Piper Sandler upraised their toll direct on shares of Rithm Capital from $10.50 to $12.50 and gave the hit a “neutral” judgement in a inform on Tuesday, May 14th.

Check Out Our Latest Stock Analysis on RITM

Institutional Inflows and Outflows

Hedge assets and another institutionalised investors hit fresh restricted their holdings of the company. Allianz Asset Management GmbH upraised its wager in Rithm Capital by 107.7% during the 4th quarter. Allianz Asset Management GmbH today owns 1,171,379 shares of the actual realty assets trust’s hit worth $12,510,000 after feat an added 607,413 shares in the terminal quarter. Dynamic Technology Lab Private Ltd accumulated its wager in Rithm Capital by 14.1% during the ordinal quarter. Dynamic Technology Lab Private Ltd today owns 21,181 shares of the actual realty assets trust’s hit worth $226,000 after purchase an added 2,614 shares during the period. Slagle Financial LLC upraised its function in shares of Rithm Capital by 99.1% during the ordinal quarter. Slagle Financial LLC today owns 474,538 shares of the actual realty assets trust’s hit worth $5,068,000 after purchase an added 236,199 shares in the terminal quarter. adventurer Asset Management LLC purchased a newborn function in shares of Rithm Capital in the ordinal lodge valued at roughly $2,813,000. Finally, Melia Wealth LLC acquired a newborn function in shares of Rithm Capital in the prototypal lodge valued at roughly $2,370,000. 44.92% of the hit is currently owned by inclose assets and another institutionalised investors.

Rithm Capital Trading Up 0.7 %

RITM unsealed at $11.45 on Friday. The consort has a debt-to-equity ratio of 0.20, a underway ratio of 0.29 and a hurried ratio of 0.29. The company’s 50 period ultimate agitated cipher is $11.10 and its two-hundred period ultimate agitated cipher is $10.95. The concern has a mart estimation of $5.54 billion, a price-to-earnings ratio of 7.63 and a beta of 1.82. Rithm Capital has a 1-year baritone of $8.87 and a 1-year broad of $11.79.

Rithm Capital Announces Dividend

The consort also fresh declared a quarterly dividend, which was paying on Friday, July 26th. Shareholders of achievement on Monday, July 1st were presented a $0.25 dividend. This represents a $1.00 dividend on an annualized foundation and a consent of 8.73%. The ex-dividend fellow was Monday, July 1st. Rithm Capital’s payout ratio is 66.67%.

About Rithm Capital

(Get Free Report

Rithm Capital Corp. operates as an quality trainer convergent on actual estate, credit, and playing services. It operates finished Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable, and Asset Management segments. Its assets portfolio primarily comprises of mortgage mating rights (MSR), and MSR finance receivables, title, categorization and concept preservation, immoderateness MSRs, and services front investments; actual realty securities, call rights, SFR properties, and residential mortgage loans; consumer and playing determine loans; and quality direction attendant investments.

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