Rithm Capital Corporation (RITM) concluded trading on Thursday at a closing price of $11.26, with 5.03 million shares of worth about $56.61 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -2.93% during that period and on January 16, 2025 the price saw a gain of about 0.81%. Currently the company’s common shares owned by public are about 519.73M shares, out of which, 516.83M shares are available for trading.
Stock saw a price change of 2.74% in past 5 days and over the past one month there was a price change of 1.26%. Year-to-date (YTD), RITM shares are showing a performance of 3.97% which increased to 5.93% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $9.97 but also hit the highest price of $12.02 during that period. The average intraday trading volume for Rithm Capital Corporation shares is 3.81 million. The stock is currently trading 2.94% above its 20-day simple moving average (SMA20), while that difference is up 2.98% for SMA50 and it goes to 1.53% higher than SMA200.
Rithm Capital Corporation (NYSE: RITM) currently have 519.73M outstanding shares and institutions hold larger chunk of about 51.05% of that.
The stock has a current market capitalization of $5.85B and its 3Y-monthly beta is at 1.79. PE ratio of stock for trailing 12 months is 11.41, while it has posted earnings per share of $0.99 in the same period. It has a 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 1.84% while standing at 1.91% over the month.
Stock’s fiscal year EPS is expected to drop by -8.04% while it is estimated to increase by 2.76% in next year.
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.
