Company Performance - Rithm (RITM) closed at 0.47, which represents a 2.08% decrease from the same quarter last year [2] - The consensus estimate for revenue is 1.94 per share and revenue of $4.89 billion, reflecting year-over-year changes of -7.62% and -6.53% respectively [3] - Recent analyst estimate revisions suggest a positive outlook for the company's business [3] Valuation Metrics - Rithm has a Forward P/E ratio of 5.98, which is lower than the industry average of 9.36, indicating that Rithm is trading at a discount [6] - The Financial - Miscellaneous Services industry, to which Rithm belongs, has a Zacks Industry Rank of 35, placing it in the top 14% of over 250 industries [6] Zacks Rank System - Rithm currently holds a Zacks Rank of 2 (Buy), with the Zacks Consensus EPS estimate increasing by 0.91% over the last 30 days [5] - The Zacks Rank system has a strong track record, with 1 stocks delivering an average annual return of +25% since 1988 [5]
Rithm (RITM) Rises Higher Than Market: Key Facts