Rithm CapitalRITM
About: Rithm Capital Corp operates as a real estate investment trust that provides capital and services to the real estate and financial services industries. The company's mission is to generate attractive risk-adjusted returns in all interest-rate environments through a complementary portfolio of investments and operating businesses. Rithm Capital's investment portfolio is composed of mortgage servicing-related assets (full and excess MSRs and servicer advances), residential securities (and associated call rights) loans (including single-family rental), and consumer loans.
Employees: 6,570
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
60% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 8 (+3) [Q3]
54% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 54
17% more repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 145
11% more capital invested
Capital invested by funds: $2.57B [Q2] → $2.84B (+$276M) [Q3]
5% more funds holding
Funds holding: 466 [Q2] → 487 (+21) [Q3]
0.4% less ownership
Funds ownership: 48.67% [Q2] → 48.27% (-0.4%) [Q3]
33% less call options, than puts
Call options by funds: $38.4M | Put options by funds: $57.3M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Keefe, Bruyette & Woods Bose George 66% 1-year accuracy 25 / 38 met price target | 19%upside $13.50 | Outperform Maintained | 3 Dec 2024 |
RBC Capital Kenneth Lee 73% 1-year accuracy 44 / 60 met price target | 15%upside $13 | Outperform Reiterated | 21 Nov 2024 |
Jones Trading Jason Weaver 51% 1-year accuracy 20 / 39 met price target | 10%upside $12.50 | Buy Maintained | 29 Oct 2024 |
Financial journalist opinion
Based on 9 articles about RITM published over the past 30 days
