Gold prices hit 2-week high as Trump-Fed feud escalates with Cook firing
Rithm Capital Corp stock reached a notable milestone, hitting a 52-week high of $12.6. The company, which offers an attractive 8.2% dividend yield and has maintained dividend payments for 13 consecutive years, has shown impressive momentum with a 17.76% gain year-to-date. According to InvestingPro analysis, the stock appears undervalued at its current P/E ratio of 9.55. The increase in stock price reflects investor confidence and suggests a strong performance over the past year. As Rithm Capital Corp continues to navigate market conditions, reaching this 52-week high marks a significant point of interest for stakeholders and market watchers alike. InvestingPro subscribers have access to 8 additional key insights and a comprehensive Pro Research Report, offering deeper analysis of the company’s financial health and growth prospects.
In other recent news, Rithm Capital Corp. reported its second-quarter earnings for 2025, where the company exceeded earnings per share expectations with an EPS of $0.54, surpassing the forecast of $0.51. However, the company faced a revenue shortfall, reporting $925.63 million against an anticipated $1.21 billion. Additionally, Keefe, Bruyette & Woods raised their price target for Rithm Capital to $14 from $13.50, maintaining an Outperform rating due to an increase in book value during the second quarter. In legal matters, the Delaware Court of Chancery closed a case brought by stockholder Arthur Adler against Rithm Capital and its board, which had alleged non-compliance with the company’s certificate of incorporation. The company and its board denied these allegations and moved to dismiss the case. These developments mark significant recent activities for Rithm Capital.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.