Wedbush Brokers Raise Earnings Estimates for Rithm Capital

Rithm Capital Corp. (NYSE:RITM) – Research analysts at Wedbush raised their Q1 2025 earnings estimates for shares of Rithm Capital in a research note issued to investors on Thursday, November 7th. Wedbush analyst J. Mccanless now forecasts that the real estate investment trust will earn $0.50 per share for the quarter, up from their previous estimate of $0.47. Wedbush has a “Outperform” rating and a $14.00 price target on the stock. The consensus estimate for Rithm Capital’s current full-year earnings is $1.85 per share. Wedbush also issued estimates for Rithm Capital’s Q2 2025 earnings at $0.45 EPS, Q3 2025 earnings at $0.46 EPS, Q4 2025 earnings at $0.49 EPS and FY2026 earnings at $1.95 EPS.

Rithm Capital (NYSE:RITM) last posted its quarterly earnings results on Tuesday, October 29th. The real estate investment trust reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.12. Rithm Capital had a net margin of 14.99% and a return on equity of 17.54%. The company had revenue of $619.51 million during the quarter, compared to analyst estimates of $1.11 billion. During the same period last year, the firm posted $0.58 EPS.

Other equities analysts have also issued reports about the stock. JMP Securities raised their price target on shares of Rithm Capital from $11.00 to $12.50 and gave the stock a “market outperform” rating in a research report on Friday, July 19th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $13.00 price objective on shares of Rithm Capital in a research note on Tuesday, August 13th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $12.78.

Rithm Capital Stock Performance

RITM opened at $10.78 on Friday. Rithm Capital has a 12-month low of $9.68 and a 12-month high of $12.02. The company has a current ratio of 1.35, a quick ratio of 0.49 and a debt-to-equity ratio of 1.63. The firm has a market capitalization of $5.60 billion, a PE ratio of 10.89 and a beta of 1.80. The firm has a 50 day moving average of $11.08 and a two-hundred day moving average of $11.16.

Institutional Investors Weigh In On Rithm Capital

Institutional investors have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. grew its stake in Rithm Capital by 154.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,513 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 1,525 shares during the period. Bessemer Group Inc. acquired a new stake in Rithm Capital in the 1st quarter valued at $30,000. Abich Financial Wealth Management LLC boosted its stake in Rithm Capital by 56.8% during the 1st quarter. Abich Financial Wealth Management LLC now owns 4,031 shares of the real estate investment trust’s stock worth $45,000 after purchasing an additional 1,461 shares during the last quarter. Godsey & Gibb Inc. acquired a new stake in Rithm Capital during the 3rd quarter worth $51,000. Finally, Future Financial Wealth Managment LLC acquired a new stake in Rithm Capital during the 3rd quarter worth $73,000. Institutional investors and hedge funds own 44.92% of the company’s stock.

Rithm Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Tuesday, October 1st were paid a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.00 dividend on an annualized basis and a yield of 9.28%. Rithm Capital’s dividend payout ratio is currently 101.01%.

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.