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, Investment Portfolio, Residential Transitional Lending, and Asset Management segments. 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, and residential mortgage loans; consumer and business purpose loans; and asset management related investments. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as New Residential Investment Corp. and changed its name to Rithm Capital Corp. in August 2022. Rithm Capital Corp. was incorporated in 2011 and is based in New York, New York.
Strategic Pivot | Rithm Capital's transition to a fee-based, capital-light model aims to position it as a leading alternative investment manager, reshaping its future prospects. |
Newrez's Potential | Explore the possibility of Newrez's public listing or spin-off, potentially unlocking significant value for shareholders and reshaping Rithm's portfolio. |
Financial Landscape | Delve into Rithm's financial performance, including its attractive 9% dividend yield and analyst optimism, balanced against short-term income variability. |
Market Outlook | With analyst price targets ranging from $12.50 to $13.00, learn how Rithm's strong market position and strategic moves could drive future growth. |
Metrics to compare | RITM | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipRITMPeersSector | |
---|---|---|---|---|
P/E Ratio | 10.6x | 5.5x | 9.7x | |
PEG Ratio | −0.52 | −0.05 | 0.03 | |
Price/Book | 1.0x | 0.8x | 1.0x | |
Price / LTM Sales | 1.8x | 3.4x | 2.9x | |
Upside (Analyst Target) | 12.8% | 31.2% | 9.7% | |
Fair Value Upside | Unlock | 2.5% | 1.4% | Unlock |