Rithm Capital Corporation (RITM) concluded trading on Thursday at a closing price of $11.91, with 6.81 million shares of worth about $81.06 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 8.77% during that period and on February 06, 2025 the price saw a gain of about 3.66%. 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 3.03% in past 5 days and over the past one month there was a price change of 7.69%. Year-to-date (YTD), RITM shares are showing a performance of 9.97% which increased to 12.78% 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 3.62 million. The stock is currently trading 5.51% above its 20-day simple moving average (SMA20), while that difference is up 6.87% for SMA50 and it goes to 6.94% higher than SMA200.
Rithm Capital Corporation (NYSE: RITM) currently have 519.73M outstanding shares and institutions hold larger chunk of about 51.09% of that.
The stock has a current market capitalization of $6.19B and its 3Y-monthly beta is at 1.85. PE ratio of stock for trailing 12 months is 12.07, 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 1.75% while standing at 1.56% over the month.
Analysts are in expectations that Rithm Capital Corporation (RITM) stock would likely to be making an EPS of 0.45 in the current quarter, while forecast for next quarter EPS is 0.47 and it is 2.07 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.45 which is 0.45 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.48 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -6.79% while it is estimated to increase by 6.15% in next year. EPS is likely to grow at an annualized rate of 0.00% 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.
