Rithm (RITM) Advances While Market Declines: Some Information for Investors

Company Overview - Rithm (RITM) closed the most recent trading day at $11.60, moving +0.87% from the previous trading session, outperforming the S&P 500 which registered a loss of 1.39% for the day [5] - Over the past month, shares of Rithm gained 3.32%, while the Finance sector lost 0.08% and the S&P 500 gained 4.43% [5] Financial Performance - Analysts expect Rithm to post earnings of $0.42 per share in the upcoming release, marking a year-over-year decline of 32.26% [6] - The latest consensus estimate for revenue is $1.13 billion, which represents an increase of 8.86% from the prior-year quarter [6] - For the annual period, Zacks Consensus Estimates anticipate earnings of $1.76 per share and revenue of $4.82 billion, indicating shifts of -14.56% and +33.16%, respectively, from the last year [7] Valuation Metrics - Rithm holds a Forward P/E ratio of 6.52, which signifies a discount compared to the average Forward P/E of 12.32 for its industry [3] Industry Context - The Financial - Miscellaneous Services industry, part of the Finance sector, currently has a Zacks Industry Rank of 102, placing it in the top 41% of all 250+ industries [3] - The Zacks Industry Rank measures the strength of industry groups by evaluating the average Zacks Rank of individual stocks within those groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [4]