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Rithm Capital Corp’s stock reached a new 52-week high, trading at $12.65, while offering investors an attractive 7.96% dividend yield that has been maintained for 13 consecutive years. According to InvestingPro analysis, the stock appears undervalued at current levels. This milestone marks a significant point for the company, reflecting a positive trend over the past year. The stock has delivered an impressive 21.24% return year-to-date, trading at an attractive P/E ratio of 9.49x. InvestingPro subscribers have access to 8 additional key insights about Rithm Capital, including detailed analysis of its financial health and growth prospects. This upward trajectory in the stock’s value underscores its resilience and market performance amid various economic conditions.
In other recent news, Rithm Capital Corp. reported its second-quarter earnings for 2025, surpassing earnings per share (EPS) expectations with a reported EPS of $0.54, compared to the anticipated $0.51. However, the company fell short on revenue, posting $925.63 million against an expected $1.21 billion. Additionally, Rithm Capital has announced a definitive agreement to acquire Crestline Management, an alternative investment manager with approximately $17 billion in assets under management. This acquisition aims to expand Rithm’s capabilities in various sectors, including direct lending and insurance.
In legal matters, Rithm Capital resolved a litigation case involving a stockholder’s complaint about the board’s structure, with the Delaware Court of Chancery closing the case. On the analyst front, Keefe, Bruyette & Woods raised its price target for Rithm Capital to $14 from $13.50, maintaining an Outperform rating. The firm cited an increase in book value during the second quarter as a key factor for this adjustment. These developments provide investors with a broader perspective on Rithm Capital’s current activities and strategic direction.
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