Rithm Capital Corporation (RITM) concluded trading on Thursday at a closing price of $12.05, with 4.53 million shares of worth about $54.62 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 3.88% during that period and on February 27, 2025 the price saw a gain of about 0.25%. Currently the company’s common shares owned by public are about 520.66M shares, out of which, 517.74M shares are available for trading.
Stock saw a price change of 0.58% in past 5 days and over the past one month there was a price change of 5.61%. Year-to-date (YTD), RITM shares are showing a performance of 11.27% which increased to 12.51% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.38 but also hit the highest price of $12.10 during that period. The average intraday trading volume for Rithm Capital Corporation shares is 3.58 million. The stock is currently trading 1.94% above its 20-day simple moving average (SMA20), while that difference is up 6.04% for SMA50 and it goes to 7.69% higher than SMA200.
Rithm Capital Corporation (NYSE: RITM) currently have 520.66M outstanding shares and institutions hold larger chunk of about 49.73% of that.
The stock has a current market capitalization of $6.27B and its 3Y-monthly beta is at 1.83. PE ratio of stock for trailing 12 months is 7.22, while it has posted earnings per share of $1.67 in the same period. Its PEG reads 20.64 while making debt-to-equity ratio of 4.56. 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 1.24% while standing at 1.40% over the month.
Stock’s fiscal year EPS is expected to drop by -5.83% while it is estimated to increase by 5.04% in next year. EPS is likely to shrink at an annualized rate of 0.35% for next 5-years, compared to annual growth of 4.44% 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.
