Rithm Capital Corp. (NYSE:RITM)

Rithm Capital Corp. RITM

Real Estate - REIT - Mortgage - NYSE - US

Watchlist

$ 11.35

0.799 %

$ 5.9 B

Market Cap

11.58

P/E

1. INTRINSIC VALUE

This DCF valuation model was last updated on Jan, 19, 2025.

The intrinsic value of one RITM stock under the worst case scenario is HIDDEN Compared to the current market price of 11.3 USD, Rithm Capital Corp. is HIDDEN

RITM Intrinsic Value
HIDDEN

SHOW

This DCF valuation model was last updated on Jan, 19, 2025.

The intrinsic value of one RITM stock under the base case scenario is HIDDEN Compared to the current market price of 11.3 USD, Rithm Capital Corp. is HIDDEN

RITM Intrinsic Value
HIDDEN

SHOW

This DCF valuation model was last updated on Jan, 19, 2025.

The intrinsic value of one RITM stock under the best case scenario is HIDDEN Compared to the current market price of 11.3 USD, Rithm Capital Corp. is HIDDEN

RITM Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart RITM

FINANCIALS

Annual
Quarterly

2.15 B OPERATING INCOME

694 M OPERATING CASH FLOW

217 M INVESTING CASH FLOW

-843 M FINANCING CASH FLOW

-728 M OPERATING INCOME

768 M OPERATING CASH FLOW

-671 M INVESTING CASH FLOW

444 M FINANCING CASH FLOW

Balance Sheet Rithm Capital Corp.

39.7 B ASSETS
32.6 B LIABILITIES

Current Assets	268 K
Cash & Short-Term Investments	268 K
Receivables	0
Other Current Assets	0
Non-Current Assets	31.7 B
Long-Term Investments	20.9 B
PP&E	144 M
Other Non-Current Assets	10.7 B

Current Liabilities	6.54 B
Accounts Payable	332 M
Short-Term Debt	41.5 M
Other Current Liabilities	6.17 B
Non-Current Liabilities	28.2 B
Long-Term Debt	26.9 B
Other Non-Current Liabilities	1.23 B

EFFICIENCY

Earnings Waterfall Rithm Capital Corp.

Revenue	3.76 B
Cost Of Revenue	787 M
Gross Profit	2.97 B
Operating Expenses	731 M
Operating Income	2.15 B
Other Expenses	1.52 B
Net Income	631 M

RATIOS

57.34% OPERATING MARGIN

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis Rithm Capital Corp.

Net Income	631 M
Depreciation & Amortization	28.2 M
Capital Expenditures	0
Stock-Based Compensation	0
Change in Working Capital	-324 M
Others	-42.1 M
Free Cash Flow	694 M

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets Rithm Capital Corp.

Wall Street analysts predict an average 1-year price target for RITM of $12.7 , with forecasts ranging from a low of $12.5 to a high of $13 .

RITM Lowest Price Target Wall Street Target

12.5 USD 10.13%

RITM Average Price Target Wall Street Target

12.7 USD 11.89%

RITM Highest Price Target Wall Street Target

13 USD 14.54%

4. DIVIDEND ANALYSIS

7.75% DIVIDEND YIELD

0.25 USD DIVIDEND PER SHARE

5. COMPETITION

Starwood Property Trust, Inc. operates as a real estate investment trust (REIT) in the United States, Europe, and Australia. It operates through four segments: Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing segments.

196 USD

STWD

Undervalued 914.43%

AGNC Investment Corp. operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by the United States government-sponsored enterprise or by the United States government agency.

-19.1 USD

AGNC

Overvalued 298.95%

Blackstone Mortgage Trust, Inc., a real estate finance company, originates senior loans collateralized by commercial properties in North America, Europe, and Australia.

72.7 USD

BXMT

Undervalued 294.34%

Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate (CRE) loans and related investments in the United States.

98.7 USD

ACRE

Undervalued 1563.71%

Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and other financial assets in the United States.

47.8 USD

TWO

Undervalued 300.18%

Apollo Commercial Real Estate Finance, Inc. operates as a real estate investment trust (REIT) that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States.

-21.2 USD

ARI

Overvalued 335.00%

Ellington Financial Inc., through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States.

-529 USD

EFC

Overvalued 4311.35%

Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of residential, commercial mortgage loans, and other real estate related securities.

266 USD

CIM

Undervalued 1759.63%

ARMOUR Residential REIT, Inc. invests in residential mortgage-backed securities (MBS) in the United States. The company's securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable-rate home loans, as well as unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments.

78.7 USD

ARR

Undervalued 321.97%

Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company's RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS.

-43.2 USD

ORC

Overvalued 639.14%

Invesco Mortgage Capital Inc. operates as a real estate investment trust (REIT) that primarily focuses on investing in, financing, and managing mortgage-backed securities and other mortgage-related assets.

504 USD

IVR

Undervalued 6102.03%

New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States.

-28.1 USD

NYMT

Overvalued 571.14%

Annaly Capital Management, Inc., a diversified capital manager, engages in mortgage finance and corporate middle market lending. The company invests in agency mortgage-backed securities, mortgage servicing rights, Agency commercial mortgage-backed securities, non-Agency residential mortgage assets, residential mortgage loans, credit risk transfer securities, corporate debts, and other commercial real estate investments.

517 USD

NLY

Undervalued 2577.27%

Arbor Realty Trust, Inc. invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental, and commercial real estate markets in the United States.

-22.8 USD

ABR

Overvalued 265.40%

6. Ownership

Insider Ownership Rithm Capital Corp.

Summary
Transactions

Sold

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

0 USD 0

Bought

0 USD 0

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price
3 years ago Nov 23, 2021	Bought 101 K USD	MCGINNIS ROBERT Director	+ 4000	25.1815 USD
3 years ago Apr 19, 2021	Bought 1.01 M USD	Nierenberg Michael Chairman, CEO & President	+ 100000	10.1 USD
4 years ago Jul 27, 2020	Bought 77.2 K USD	Tyson Alan L. Director	+ 10000	7.7184 USD
4 years ago May 29, 2020	Bought 8.77 K USD	Sloves Andrew Director	+ 1200	7.3108 USD
4 years ago May 29, 2020	Bought 8.73 K USD	Sloves Andrew Director	+ 1200	7.2772 USD
4 years ago May 29, 2020	Bought 8.75 K USD	Sloves Andrew Director	+ 1200	7.2888 USD
4 years ago Mar 19, 2020	Bought 55.3 K USD	LENEHAN PAMELA F Director	+ 10000	5.531 USD
4 years ago Mar 19, 2020	Bought 60.3 K USD	Sloves Andrew Director	+ 10000	6.0273 USD
4 years ago Mar 18, 2020	Bought 11 K USD	Sloves Andrew Director	+ 1000	11 USD
4 years ago Mar 18, 2020	Bought 50.1 K USD	Tyson Alan L. Director	+ 10000	5.01 USD
4 years ago Mar 18, 2020	Bought 51.8 K USD	MCGINNIS ROBERT Director	+ 10000	5.18 USD
4 years ago Mar 18, 2020	Bought 58.3 K USD	Sloves Andrew Director	+ 10000	5.83 USD
4 years ago Mar 18, 2020	Bought 292 K USD	SANTORO NICOLA JR CFO, CAO and Treasurer	+ 50000	5.84 USD
5 years ago Nov 06, 2019	Bought 15.9 K USD	Sloves Andrew Director	+ 1000	15.9295 USD
5 years ago Oct 30, 2019	Bought 70.8 K USD	MCGINNIS ROBERT Director	+ 4500	15.7283 USD
5 years ago May 14, 2019	Bought 16.6 K USD	Sloves Andrew Director	+ 1000	16.65 USD
5 years ago May 14, 2019	Bought 6.66 K USD	Sloves Andrew Director	+ 400	16.66 USD
5 years ago May 14, 2019	Bought 6.66 K USD	Sloves Andrew Director	+ 400	16.65 USD
5 years ago May 03, 2019	Bought 236 K USD	Saltzman David Director	+ 14174	16.66 USD
5 years ago Feb 22, 2019	Bought 990 K USD	Nierenberg Michael CEO and President	+ 60000	16.5 USD
6 years ago Jun 26, 2018	Sell 6.21 M USD	Nierenberg Michael CEO and President	- 339177	18.3 USD
7 years ago Feb 03, 2017	Bought 39 K USD	Nierenberg Michael Chairman, CEO & President	+ 2600	15 USD
7 years ago Feb 03, 2017	Bought 120 K USD	Nierenberg Michael Chairman, CEO & President	+ 8000	15 USD
7 years ago Feb 03, 2017	Bought 120 K USD	Nierenberg Michael Chairman, CEO & President	+ 8000	15 USD
8 years ago Nov 11, 2016	Bought 142 K USD	Sloves Andrew Director	+ 10000	14.23 USD
8 years ago Nov 11, 2016	Bought 21.3 K USD	Sloves Andrew Director	+ 1500	14.18 USD
8 years ago Nov 11, 2016	Bought 14.2 K USD	Sloves Andrew Director	+ 1000	14.17 USD
8 years ago Nov 11, 2016	Bought 9.97 K USD	Sloves Andrew Director	+ 700	14.24 USD
9 years ago Jun 15, 2015	Bought 125 K USD	Nierenberg Michael CEO and President	+ 7800	16.05 USD
9 years ago Jun 15, 2015	Bought 11.2 K USD	Nierenberg Michael CEO and President	+ 700	16.05 USD
9 years ago Jun 15, 2015	Bought 9.63 K USD	Nierenberg Michael CEO and President	+ 600	16.05 USD
9 years ago Jun 15, 2015	Sell 51.5 M USD	EDENS WESLEY R Director	- 3245764	15.88 USD
9 years ago Apr 13, 2015	Bought 3.34 M USD	Nierenberg Michael CEO and President	+ 219050	15.25 USD
10 years ago Aug 01, 2014	Bought 160 K USD	Nierenberg Michael CEO and President	+ 13246	12.076 USD
9 years ago Apr 13, 2015	Bought 239 K USD	Nierenberg Michael CEO and President	+ 15700	15.25 USD
9 years ago Apr 13, 2015	Bought 233 K USD	Nierenberg Michael CEO and President	+ 15250	15.25 USD
9 years ago May 13, 2015	Bought 337 K USD	Tyson Alan L. Director	+ 20000	16.8524 USD
9 years ago Apr 13, 2015	Sell 423 M USD	HOME LOAN SERVICING SOLUTIONS, LTD. 10 percent owner	- 28286980	14.945 USD
9 years ago Apr 13, 2015	Bought 3.81 M USD	Nierenberg Michael CEO and President	+ 250000	15.25 USD
10 years ago Aug 22, 2014	Sell 358 K USD	EDENS WESLEY R Director	- 56800	6.2963 USD
10 years ago Apr 30, 2014	Bought 6.1 M USD	Nierenberg Michael CEO and President	+ 1000000	6.1 USD

7. News

Why Rithm (RITM) is Poised to Beat Earnings Estimates Again Rithm (RITM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. zacks.com - 1 week ago

Rithm Capital: Hawkish Fed, Strong Yield, Upside Potential In 2025 Rithm Capital offers a highly sustainable 9% dividend yield, paying out less than half of its distributable profits, making it an attractive choice for passive income investors. The trust's focus on Mortgage Servicing Rights, which gain value with rising interest rates, aligns well with the central bank's slower rate cut trajectory. Rithm Capital's diversification into asset management and acquisitions, like Sculptor Capital Management, enhances its growth potential and reduces reliance on mortgage investments. seekingalpha.com - 2 weeks ago

This Stock Has A 9.21% Yield And Sells For Less Than Book Rithm Capital has been named as a Top 10 Real Estate Investment Trust (REIT), according to Dividend Channel, which published its most recent ''DividendRank'' report. The report noted that among REITs, RITM shares displayed both attractive valuation metrics and strong profitability metrics. forbes.com - 2 weeks ago

Rithm Capital's Sector Comparative Analysis - Part 2 (Includes Q1 + Q2 2025 Dividend Projection) This article compares RITM's recent dividend per share rates, yield percentages, and several dividend sustainability metrics to 19 mREIT peers. This includes an analysis of RITM's quarterly core earnings/earnings available for distribution (“EAD”) which directly impacts the company's dividend sustainability. This article also projects RITM's dividend sustainability for Q1 – Q2 2025. seekingalpha.com - 2 weeks ago

Why Rithm (RITM) Dipped More Than Broader Market Today Rithm (RITM) closed at $10.67 in the latest trading session, marking a -0.28% move from the prior day. zacks.com - 1 month ago

Rithm Capital Corp. Declares Fourth Quarter 2024 Common and Preferred Dividends NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that its Board of Directors (the “Board”) has declared fourth quarter 2024 common and preferred stock dividends. Common Stock Dividend The Board declared a dividend of $0.25 per share of common stock for the fourth quarter 2024. The fourth quarter common stock dividend is payable on January 31, 2025, to shareholders of record on December 31, 2024. Preferred Stock Dividends In accordance. businesswire.com - 1 month ago

Rithm Capital: 9% Yield, 2.2x Dividend Coverage, Upside Rithm Capital offers a stable 9% yield, a strong dividend coverage profile, and a diversified revenue stream. The REIT has expanded through acquisitions, diversifying its portfolio beyond mortgage investments to include significant asset management operations. With a dividend coverage ratio of 2.2x, RITM provides a high safety margin for dividend investors, supporting its 9% yield. seekingalpha.com - 1 month ago

Huge Yields, Brief Notes Preferred shares rallied, as predicted. Finding value is getting much harder. There are some common shares trading at discounts. Some big, some tiny. I would be interested in a few of the agency mortgage REITs, but the ones I would prefer remain unavailable. The valuation between those good ones and some of the weaker ones (as measured by things like destruction of shareholder wealth and me not liking them) is still small sometimes. seekingalpha.com - 1 month ago

Rithm (RITM) Rises As Market Takes a Dip: Key Facts Rithm (RITM) reachead $11.16 at the closing of the latest trading day, reflecting a +0.09% change compared to its last close. zacks.com - 1 month ago

Rithm Capital's Updated Sector Comparative Analysis - Part 1 (Includes Recommendation For 19 Peers As Of 12/6/2024) Part 1 of this article compares RITM's recent investment composition, leverage, hedging coverage ratio, quarterly BV, economic return (loss), and current valuation to 19 mREIT peers. Due to what has occurred during Q4 2024 (fluctuating rates/yields), understanding the composition of RITM's MSR/investment and derivatives portfolio is crucial in understanding current/future performance. My current RITM BV projection and updated price target is in the “Conclusions Drawn” section. RITM is currently deemed undervalued (buy recommendation). seekingalpha.com - 1 month ago

My Favorite Dividend Stock For 2025 Has 25%+ Upside It's a tradition unlike any other! Move over, Masters. forbes.com - 1 month ago

KBRA Assigns Preliminary Ratings to New Residential Mortgage Loan Trust 2024-NQM3 (NRMLT 2024-NQM3) NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 8 classes of mortgage-backed notes from New Residential Mortgage Loan Trust 2024-NQM3 (NRMLT 2024-NQM3), a $272.5 million non-prime RMBS transaction sponsored by Rithm Capital Corp. (formerly New Residential Investment Corp.), a publicly traded (NYSE: RITM) real estate investment trust (REIT). The underlying mortgages in the subject pool were originated by NewRez LLC (71.4%) and Champions Funding, LLC (12.2%). In addition, all loans. businesswire.com - 1 month ago

8. Profile Summary

Rithm Capital Corp. RITM

COUNTRY US

INDUSTRY REIT - Mortgage

MARKET CAP $ 5.9 B

Dividend Yield 7.75%

Description Rithm Capital Corp. provides capital and services to the real estate and financial services sectors in the United States. Its investment portfolio comprises mortgage servicing related assets, residential securities and loans, and consumer loans. It qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as New Residential Investment Corp. and changed its name to Rithm Capital Corp. in August 2022. Rithm Capital Corp. was incorporated in 2011 and is headquartered in New York, New York.

Contact 799 Broadway, New York, NY, 10003 https://www.rithmcap.com

IPO Date May 2, 2013

Employees 6570

Officers Mr. Nicola Santoro Jr., CPA Chief Financial Officer, Chief Accounting Officer & Treasurer Mr. David Craig Zeiden Chief Legal Officer Varun Wadhawan Managing Director Mr. Philip Matthew Sivin C.F.A. MD & Chief Counsel for M&A and strategic transactions Mr. Satish Motilal Mansukhani Managing Director of Investment Strategy Mr. Michael Nierenberg Chairman, President & Chief Executive Officer Charles Sorrentino Managing Director Mr. Martin Migliara Managing Director Mr. Kenneth Matthew Bruce Managing Director Sanjeev Khanna Managing Director

Price Chart RITM

Rithm Capital Corp. RITM

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