In Friday’s Wall Street session, Rithm Capital Corporation (NYSE:RITM) shares traded at $11.29, down -1.40% from the previous session.
RITM stock price is now 3.13% away from the 50-day moving average and 0.92% away from the 200-day moving average. The market capitalization of the company currently stands at $5.99B.
With the price target maintained at $14, Piper Sandler recently Upgraded its rating from Neutral to Overweight for Rithm Capital Corporation (NYSE: RITM). On December 06, 2023, UBS recently initiated its ‘Buy’ rating on the stock quoting a target price of $12.50, while ‘B. Riley Securities’ rates the stock as ‘Buy’
In other news, Rithm Capital Corp., 10% Owner bought 400,000 shares of the company’s stock on Mar 04 ’25. The stock was bought for $10,000,000 at an average price of $25.00. Upon completion of the transaction, the 10% Owner now directly owns 400,000 shares in the company, valued at $4.52 million. A total of 0.59% of the company’s stock is owned by insiders.
During the past 12 months, Rithm Capital Corporation has had a low of $9.13 and a high of $12.19. As of last week, the company has a debt-to-equity ratio of 4.34, a current ratio of 0.88, and a quick ratio of 0.87. According to the stock market information, the enterprise value for the company is $38864359424, which is based on a 9.42 price-to-earnings ratio, a 4.26 price-to-earnings-growth ratio, and a beta of 1.27. The fifty day moving average price for RITM is $10.9478 and a two-hundred day moving average price translates $11.18755 for the stock.
The latest earnings results from Rithm Capital Corporation (NYSE: RITM) was released for 2025-03-31. The net profit margin was 11.91% and return on equity was 9.36% for RITM. The company reported revenue of $520.92 million for the quarter, compared to $1.05 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -50.26 percent.
