In the latest quarter, 5 analysts provided ratings for Rithm Capital (NYSE:RITM), showcasing a mix of bullish and bearish perspectives.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 3 | 1 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 1 | 2 | 1 | 0 | 0 |
Analysts have set 12-month price targets for Rithm Capital, revealing an average target of $12.9, a high estimate of $14.00, and a low estimate of $12.50. Surpassing the previous average price target of $11.90, the current average has increased by 8.4%.
Analyzing Analyst Ratings: A Detailed Breakdown
The perception of Rithm Capital by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Trevor Cranston | JMP Securities | Raises | Market Outperform | $12.50 | $11.00 |
| Kevin Barker | Piper Sandler | Raises | Neutral | $12.50 | $10.50 |
| Matt Howlett | B. Riley Securities | Raises | Buy | $14.00 | $13.00 |
| Jay McCanless | Wedbush | Maintains | Outperform | $13.00 | $13.00 |
| Bose George | Keefe, Bruyette & Woods | Raises | Outperform | $12.50 | $12.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Rithm Capital. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Rithm Capital compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Rithm Capital's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Rithm Capital's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Rithm Capital analyst ratings.
Delving into Rithm Capital's Background
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.
Rithm Capital's Financial Performance
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: Rithm Capital's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 103.6%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Rithm Capital's net margin excels beyond industry benchmarks, reaching 33.89%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Rithm Capital's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 4.49%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Rithm Capital's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.68%, the company showcases efficient use of assets and strong financial health.
Debt Management: Rithm Capital's debt-to-equity ratio is notably higher than the industry average. With a ratio of 5.04, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
The Core of Analyst Ratings: What Every Investor Should Know
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.