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Rithm Capital Corp stock has reached a 52-week high, hitting 12.2 USD, as the company experiences a positive trajectory in the market. The stock’s impressive 15.8% gain year-to-date and attractive 8.3% dividend yield, maintained consistently for 13 years, highlight its strong performance. According to InvestingPro analysis, the company’s financial health score is rated as "GOOD," with analysts maintaining a "Strong Buy" consensus. The recent surge in stock price underscores investor confidence and the company’s robust performance, as it navigates a dynamic economic landscape. The achievement of this 52-week high marks a significant point of interest for stakeholders and market analysts alike, as they assess the future potential of Rithm Capital Corp in the financial sector. InvestingPro subscribers can access 8 additional key insights and a comprehensive Research Report that provides deep-dive analysis of RITM’s valuation and growth prospects.
In other recent news, Rithm Capital Corp. has announced a strategic partnership with an institutional investor to fund up to $500 million in residential transitional loans, with potential expansion to $1.5 billion. The partnership will involve a dedicated investment vehicle managed by Rithm Capital Advisors LLC, while Genesis Capital LLC will handle loan servicing. Additionally, Rithm Capital declared a second-quarter 2025 common stock dividend of $0.25 per share, alongside dividends for its preferred stock series. The company has also priced an offering of $500 million in senior unsecured notes at an 8% interest rate due in 2030. Part of the proceeds from this offering will be used to redeem outstanding 6.250% senior unsecured notes due in 2025, with the rest allocated for general corporate purposes. Piper Sandler has maintained an Overweight rating on Rithm Capital, citing the company’s strong positioning in the current high-interest-rate environment. The investment firm highlighted that Rithm Capital is trading at approximately five times earnings, emphasizing its diversified business model across mortgage and asset management sectors.
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