Rithm Capital Corporation (RITM) concluded trading on Thursday at a closing price of $10.78, with 4.31 million shares of worth about $46.51 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -5.93% during that period and on November 14, 2024 the price saw a gain of about 0.37%. Currently the company’s common shares owned by public are about 519.73M shares, out of which, 516.82M shares are available for trading.
Stock saw a price change of 1.03% in past 5 days and over the past one month there was a price change of -1.10%. Year-to-date (YTD), RITM shares are showing a performance of 0.94% which increased to 6.94% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $9.92 but also hit the highest price of $12.02 during that period. The average intraday trading volume for Rithm Capital Corporation shares is 4.13 million. The stock is currently trading 1.37% above its 20-day simple moving average (SMA20), while that difference is down -2.05% for SMA50 and it goes to -2.40% lower than SMA200.
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Rithm Capital Corporation (NYSE: RITM) currently have 519.73M outstanding shares and institutions hold larger chunk of about 47.77% of that.
The stock has a current market capitalization of $5.60B and its 3Y-monthly beta is at 1.78. PE ratio of stock for trailing 12 months is 10.93, while it has posted earnings per share of $0.99 in the same period. Its PEG reads 0.77 while making debt-to-equity ratio of 4.20. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RITM, volatility over the week remained 1.12% while standing at 1.58% over the month.
Stock’s fiscal year EPS is expected to drop by -11.25% while it is estimated to increase by 4.05% in next year. EPS is likely to grow at an annualized rate of 14.14% for next 5-years, compared to annual growth of -17.08% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on December 06, 2023 offering a Buy rating for the stock and assigned a target price of $12.50 to it. Coverage by B. Riley Securities stated Rithm Capital Corporation (RITM) stock as a Buy in their note to investors on December 16, 2022, suggesting a price target of $12 for the stock.
