Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year ...

Rithm Capital Corp. (RITM) shares have gained 15% in the past year. The stock has outperformed the industry's 10.4% increase. Based in New York, Rithm Capital is an asset manager specializing in the real estate and financial services sectors. It has a market cap of $5.2 billion. Its asset management business expansion and continuous acquisition of customer loans are aiding the company. Its diversified platform and focus on growing profitability of its Newrez business is buoying its performance. Muted prepay ...

100 gesrey Focus of Article: The focus of this two-part article is to provide a very detailed analysis comparing Rithm Capital Corp. (NYSE:RITM) to 19 other mortgage real estate investment trust (mREIT) peers I currently fully cover. I am writing this two-part article due to the continued requests that such an analysis be specifically performed on RITM and some of the company's mREIT peers at periodic intervals. For readers who just want the summarized conclusions/results, I would suggest to scroll down to ...

Shares of the real estate investment trust witnessed a loss of 3.81% over the previous month, trailing the performance of the Finance sector with its loss of 0.44% and the S&P 500's gain of 3.96%. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.76 per share and revenue of $4.82 billion. These totals would mark changes of -14.56% and +33.16%, respectively, from last year. Empirical research indicates that these revisions in estimates have a direct correla ...

Colonial HD E t H the state the first the first 4000 t The focus of PART 1 of this article is to analyze Rithm Capital Corp.'s (NYSE:RITM) recent results and compare several of the company's metrics to 19 mortgage real estate investment trust (mREIT) peers. This analysis will show past and current data with supporting documentation. Table 1a will compare RITM's investment composition, recent leverage, hedging coverage ratio, and change in investment portfolio size to the 19 mREIT peers. Table 1b will compar ...

Zephyr18 Rithm Capital (NYSE:RITM) is growing its business, seeing solid earnings available for distribution strength and supplying a well-supported dividend for investors. The company has evolved drastically in the last couple of years, broadening its investment scope and portfolio footprint, although Rithm Capital is still heavily focused on one of its original investment premises: mortgage servicing rights. I believe Rithm Capital is a truly outstanding income play with a 9% dividend yield and shares con ...

nicolamargaret Rithm Capital Company Web Site Rithm Capital (NYSE:RITM) is a residential mortgage REIT (mREIT), at least for tax purposes. But it is much more diversified than some other mREITs, many of which simply purchase mortgages. RITM, however, calls itself a global asset manager. Yes, it has investments in mortgages and real estate loans, but it also has a large investment in mortgage service rights (MSRs). Other real estate investments include single family homes, title insurance, appraisals and a m ...

Dragon Claws Rithm Capital Corp. (NYSE:RITM) is a well-managed mortgage real estate investment trust with strong distributable earnings results for the first quarter and a low dividend pay-out ratio. Furthermore, Rithm Capital has considerable investments in Mortgage Servicing Rights, whose values benefit from higher interest rates. With inflation seeing a bit of a resurgence in early 2024, I think the market is set to face a higher-for-longer interest rate environment, which would benefit Rithm Capital. Si ...

We Are This mREIT Investment Thesis Remains Robust, If Intermediate-Term Expectations Are Tempered RITM's Business Model Rithm 2.0 Lays the Foundation for Growth We are in the early stages of our transformation into a leading global asset manager 2013 - 2018 2019 - 2024 Future State ore Strategy Sculptor adoor ! undine Seeking Alpha Rithm Capital Corp. (NYSE:RITM) is a company that initially started as an owner of excess Mortgage Scriving Rights [MSR] and eventually evolved to an asset manager company focus ...

Shares of Rithm Capital Corp. (RITM) have gained 1.6% since it reported strong first-quarter 2024 results on Apr 30, 2024. The quarterly results were supported by a solid performance of its servicing portfolio. Gain on sale margins exhibited signs of recovery during the quarter, although there is still some ground to cover to reach their levels from a year ago. The growing strength of the Newrez business in the first quarter contributed to the positive results. The increasing market share of Newrez's origin ...