Rithm Capital Corp (RITM) Stock Price, Quote & News

Company Profile

Rithm Capital Corp. operates as an asset manager focused on real estate, credit, and financial services in the United States. It operates through Origination and Servicing, Residential Transitional Lending, and Asset Management and Investment Portfolio. The company's investment portfolio primarily comprises of single-family rental properties, title, appraisal and property preservation and maintenance businesses; real estate securities, call rights, SFR properties, residential mortgage loans, col...

Industry: REIT - Mortgage

Sector: Real Estate

Phone: 212 850 7770

Website: www.rithmcap.com

Address:

799 Broadway, 8th Floor, New York, United States

Fundamentals101 Aug. 14 at 5:31 AM

$RITM Best REIT I have owned. The dividend on 30k shares is nice. The gain in only a month is even better!

3 · Reply

CHCInvestments Aug. 13 at 2:33 PM

$RITM Good to see you @ProfitConfucius ! I personally think we are getting closer and closer to the C Corp and spin off. Just my opinion!

1 · Reply

ProfitConfucius Aug. 12 at 6:12 PM

$RITM brother razorsedge4343 had asked a good question, is there anything to do in the REIT space now and what should we be looking at se it pertains to rates. I think these are all very important questions right now because it will definitely either hurt us if we chose the wrong direction or makes us alot of money if we get into the trade earlier than most. If you look at the 5yr chart for RITM, we're basically at the resistance level (bottom of the channel) and its possible that if we can break through 10.25 zone and stay there we could get back to 11.50 zone, but not much more, why? Because Nierenberg is not going to raise the dividend. He knows it all to well that the only way to increase the share price is to hike the divvy , yet he won't do it even by 0.05 cents. Do I agree with that strategy?

1 · Reply

ValueInvestor007 Aug. 12 at 6:10 PM

$RITM Short interest currently remains the strongest squeeze-related signal. We now have the official July 31 number that came out yesterday: 38,943,585 shares short versus 41,483,448 on July 15. So only about 2.54M shares, or 6.1% of the position were covered. Current reported metrics: * short float: 7.01% * days to cover: 5.58 * July 31 RITM price: $9.88. This is interesting as the run up after earnings wasn’t due to shorts covering… that still needs to happen and delays will cost them 10% dividends so it’s expensive to keep. RITM’s squeeze potential is elevated enough to amplify a rally, but probably not sufficient by itself to create one. The short interest becomes important if another fundamental catalyst forces the stock through resistance ! Fingers crossed that this will happen. I would so love to see management using the buy-back agreement and showing these shorters not to play with RITM or get burned…

1 · Reply

Dr_Van_Nostrend Aug. 11 at 6:47 PM

$RITM $AGNC Buying into some RITM.PRE and AGNCZ here as they both appear to have a seller. Stripped yields over 9% with 199A tax qualified discount in a taxable account. Both parent companies have lots of free cash flow without issue, and those preferreds are "money good" any way you slice them. This is in the fixed income basket, not speculation.

0 · Reply

guitarpicker226 Aug. 7 at 8:57 PM

$RITM might be a good time to add since there will be no rate hikes.

0 · Reply

CHCInvestments Aug. 7 at 2:42 PM

$RITM Dont know what is up with my @Stocktwits today! Using 2 different accounts.

1 · Reply

CHCInvesting Aug. 7 at 2:18 PM

$RITM I cant imagine why anyone would sell these......$MFA same. I think it is time to keep adding every dip myself. I may be wrong but these are so undervalued. RITM shorts have started covering......was down to like 30M shares short from 40M+. They still have a lot to cover though......man, they are now playing with losing all their profit if they dont get er done!

0 · Reply

razorsedge4343 Aug. 3 at 5:22 PM

$STWD Dumped most of my $RITM dividend from last week in here at these levels. We'll see what happens..

0 · Reply

CHCInvestments Aug. 3 at 4:08 PM

$RITM The more people who enter sell orders the better.....if shares become scarce the shorts will be forced to return the borrowed shares or pay up. I think it is impossible to squeeze a company with 500M+ shares.....but it cant hurt to try! If you enter sell orders even at $100, brokers have to allow for them shares which means a short who is borrowing them must make other arrangements. Just DONT let them shake you out! This stock is worth $12+.....make em pay fair value!

0 · Reply

Market Cap	5.73B
Revenue (ttm)	3.23B
Net Income (ttm)	681.45M
EPS (ttm)	N/A
PE Ratio	4.33
Forward PE	4.58
Profit Margin	21.07%
Debt to Equity Ratio	4.44

Volume	3,034,700
Avg Vol	5,634,046
Day's Range	N/A - N/A
Shares Out	558.41M
Stochastic %K	54%
Beta	1.14
Analysts	Strong Sell
Price Target	$12.93