Rithm Capital Corporation (NYSE: RITM) is -7.39% lower on its value in year-to-date trading and has touched a low of $9.13 and a high of $12.19 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RITM stock was last observed hovering at around $9.76 in the last trading session, with the day’s gains setting it 0.27%.
Currently trading at $10.03, the stock is -9.16% and -12.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.1 million and changing 2.77% at the moment leaves the stock -10.51% off its SMA200. RITM registered -6.78% loss for a year compared to 6-month gain of -5.82%. The firm has a 50-day simple moving average (SMA 50) of $11.4912 and a 200-day simple moving average (SMA200) of $11.20775.
The stock witnessed a -13.91% loss in the last 1 month and extending the period to 3 months gives it a -6.35%, and is 0.00% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.31% over the week and 4.13% over the month.
Rithm Capital Corporation (RITM) has around 6045 employees, a market worth around $5.22B and $4.72B in sales. Current P/E ratio is 6.01 and Fwd P/E is 4.81. Profit margin for the company is 17.68%. Distance from 52-week low is 9.86% and -17.75% from its 52-week high. The company has generated returns on investments over the last 12 months (2.06%).
The EPS is expected to shrink by -4.38% this year.
Rithm Capital Corporation (RITM) Top Institutional Holders
595.0 institutions hold shares in Rithm Capital Corporation (RITM), with institutional investors hold 50.12% of the company’s shares. The shares outstanding are 530.32M, and float is at 527.45M with Short Float at 0.97%. Institutions hold 49.89% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 45.7 million shares valued at $498.63 million. The investor’s holdings represent 9.456% of the RITM Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 26.88 million shares valued at $293.31 million to account for 5.5236 of the shares outstanding. The other top investors are BANK OF AMERICA CORP /DE/ which holds 11.24 million shares representing 2.3091% and valued at over $122.62 million, while STATE STREET CORP holds 1.7764 of the shares totaling 8.65 million with a market value of $94.33 million.
Rithm Capital Corporation (RITM) Insider Activity
The most recent transaction is an insider purchase by Rithm Capital Corp., the company’s 10% Owner. SEC filings show that Rithm Capital Corp. bought 400,000 shares of the company’s common stock on Mar 04 ’25 at a price of $25.00 per share for a total of $10.0 million. Following the purchase, the insider now owns 0.4 million shares.
