Rithm Capital Corporation (NYSE: RITM) is -4.62% 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 $10.31 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $10.33, the stock is -2.21% and -8.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.35 million and changing 0.19% at the moment leaves the stock -7.70% off its SMA200. RITM registered -4.53% loss for a year compared to 6-month gain of -4.70%. The firm has a 50-day simple moving average (SMA 50) of $11.3418 and a 200-day simple moving average (SMA200) of $11.19225.
The stock witnessed a -12.38% loss in the last 1 month and extending the period to 3 months gives it a -8.26%, and is 1.97% up 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 2.70% over the week and 4.45% over the month.
Rithm Capital Corporation (RITM) has around 6045 employees, a market worth around $5.47B and $4.72B in sales. Current P/E ratio is 6.19 and Fwd P/E is 4.97. Profit margin for the company is 17.68%. Distance from 52-week low is 13.14% and -15.29% from its 52-week high. The company has generated returns on investments over the last 12 months (2.06%).
with sales reaching $1.22B over the same period.The EPS is expected to shrink by -4.17% this year, but quarterly earnings will post 4.33% year-over-year. Quarterly sales are estimated to shrink -5.34% in year-over-year returns.
596.0 institutions hold shares in Rithm Capital Corporation (RITM), with institutional investors hold 49.96% 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 49.73% 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 9.3902 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.
