Rithm Capital’s (RITM) “Outperform” Rating Reiterated at Wedbush

Wedbush restated their outperform rating on shares of Rithm Capital (NYSE:RITM) in a research report sent to investors on Thursday morning, MarketBeat reports. They currently have a $10.00 price target on the real estate investment trust’s stock.

A number of other analysts have also recently weighed in on the company. UBS Group reduced their price target on Rithm Capital from $14.50 to $14.00 and set a “buy” rating for the company in a research report on Friday, August 21st. BTIG Research lowered their price objective on Rithm Capital from $13.00 to $12.00 and set a “buy” rating on the stock in a report on Monday, October 12th. Piper Sandler lowered their price objective on Rithm Capital from $14.00 to $12.50 and set an “overweight” rating on the stock in a report on Thursday, July 2nd. Weiss Ratings downgraded Rithm Capital from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, October 2nd. Finally, Wall Street Zen raised Rithm Capital from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Ten research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $12.80.

Rithm Capital Stock Up 8.2%

Rithm Capital stock opened at $9.39 on Thursday. The company has a market capitalization of $5.25 billion, a P/E ratio of 14.91, a P/E/G ratio of 0.60 and a beta of 1.16. The firm’s fifty day simple moving average is $9.40 and its 200-day simple moving average is $9.49. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 2.19. Rithm Capital has a 1-year low of $8.31 and a 1-year high of $12.15.

Rithm Capital (NYSE:RITM) last released its quarterly earnings data on Friday, October 23rd. The real estate investment trust reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.05. The business had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.47 billion. Rithm Capital had a net margin of 9.20% and a return on equity of 19.86%. Sell-side analysts forecast that Rithm Capital will post 2.28 earnings per share for the current fiscal year.

Rithm Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Thursday, October 1st will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 10.6%. The ex-dividend date of this dividend is Thursday, October 1st. Rithm Capital’s dividend payout ratio is currently 166.67%.

Insider Transactions at Rithm Capital

In related news, Director Peggy Hebard sold 14,520 shares of the firm’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $10.18, for a total value of $147,813.60. Following the transaction, the director directly owned 82,259 shares in the company, valued at approximately $837,396.62. This trade represents a 15.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.57% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of RITM. Samalin Investment Counsel LLC boosted its holdings in Rithm Capital by 55.3% during the third quarter. Samalin Investment Counsel LLC now owns 35,035 shares of the real estate investment trust’s stock valued at $313,000 after acquiring an additional 12,470 shares during the period. Signaturefd LLC grew its position in shares of Rithm Capital by 15.2% in the third quarter. Signaturefd LLC now owns 58,988 shares of the real estate investment trust’s stock valued at $527,000 after purchasing an additional 7,776 shares during the last quarter. Evergreen Capital Management LLC grew its position in shares of Rithm Capital by 0.7% in the third quarter. Evergreen Capital Management LLC now owns 1,435,825 shares of the real estate investment trust’s stock valued at $12,822,000 after purchasing an additional 10,627 shares during the last quarter. Royal Fund Management LLC acquired a new stake in shares of Rithm Capital in the third quarter valued at about $95,000. Finally, Foster Victor Wealth Advisors LLC grew its position in shares of Rithm Capital by 3.0% in the third quarter. Foster Victor Wealth Advisors LLC now owns 68,405 shares of the real estate investment trust’s stock valued at $577,000 after purchasing an additional 1,967 shares during the last quarter. Institutional investors and hedge funds own 44.92% of the company’s stock.

Key Stories Impacting Rithm Capital

Here are the key news stories impacting Rithm Capital this week:

• Positive Sentiment: Adjusted earnings beat estimates: Earnings available for distribution were $0.55 per diluted share, above the $0.50 FactSet consensus and $0.51 Zacks estimate. This extended Rithm’s reported earnings-beat streak and represented a modest improvement from $0.54 a year earlier. Earnings Flash: Rithm Capital Q3 adjusted EPS
• Positive Sentiment: Revenue substantially exceeded expectations: Third-quarter revenue reached $1.76 billion, compared with the $1.47 billion FactSet forecast and $1.28 billion in the second quarter. The 37% sequential increase was driven in part by stronger net servicing revenue. Earnings Flash: Rithm Capital Q3 revenue
• Positive Sentiment: Operating performance and income improved: GAAP net income attributable to common shareholders was $217.1 million, or $0.38 per diluted share, versus $0.04 per share in the prior quarter. Newrez generated $329.7 million in pretax operating income, while Genesis Capital originated $1.5 billion of residential transition loans.
• Positive Sentiment: Dividend and asset-management scale support the investment case: Rithm declared a $0.25-per-share common dividend and ended the quarter with approximately $61 billion in assets under management. Management highlighted growth in fee-based earnings through new funds and continued platform expansion. Rithm Capital Third Quarter 2026 Results
• Neutral Sentiment: Analyst support remains constructive: Wedbush reaffirmed its “outperform” rating and set a $10 price target, suggesting further upside from recent trading levels, although the target does not guarantee future performance. Wedbush Rithm Capital rating

Rithm Capital Company Profile

Rithm Capital Corp. is a real estate investment trust and financial services company focused primarily on residential real estate and mortgage-related investments. Formerly known as New Residential Investment Corp., the company adopted the Rithm Capital name in 2022.

Through its operating businesses and investment platforms, Rithm participates in mortgage servicing, mortgage origination, residential mortgage loans, mortgage servicing rights and other housing-related assets. Its businesses include Newrez, a mortgage platform that provides home loan origination, servicing and related services, as well as other investments connected to residential real estate and private lending.

Rithm primarily serves the U.S.