Rithm Capital upgraded by Piper Sandler with a new price target
$RITM
Real Estate Investment Trusts
Real Estate
Piper Sandler upgraded Rithm Capital from Neutral to Overweight and set a new price target of $14.00
Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/28/2025 | $14.00 | Neutral → Overweight | Piper Sandler |
| 12/6/2023 | $12.50 | Buy | UBS |
| 12/16/2022 | $12.00 | Buy | B. Riley Securities |
| 9/30/2022 | $10.00 → $9.00 | Underweight → Neutral | Piper Sandler |
Rithm Capital Corp. (NYSE:RITM, "Rithm" or the "Company")) announced that it priced an underwritten public offering of 7,600,000 shares of its 8.75% Series E Fixed-Rate Cumulative Redeemable Preferred Stock (the "Preferred Stock") with a liquidation preference of $25.00 per share, for gross proceeds of approximately $190,000,000, before deducting underwriting discount and other estimated offering expenses. The Company intends to apply to list the Preferred Stock on the New York Stock Exchange under the symbol "RITM PR E." The offering is expected to close on September 25, 2025, subject to customary closing conditions. In connection with the offering, the Company has granted the underwriters
Rithm Capital Corp. (NYSE:RITM, "Rithm" or the "Company")) announces that it has launched an opportunistic underwritten public offering of Series E Fixed-Rate Cumulative Redeemable Preferred Stock (the "Preferred Stock"), subject to market conditions. The terms of the Preferred Stock are to be determined by negotiations between the Company and the underwriters. The Company intends to apply to list the Preferred Stock on the New York Stock Exchange under the symbol "RITM PR E." The Company expects to grant to the underwriters a 30-day option to purchase up to an additional 15% of the shares of the Preferred Stock being offered to cover over-allotments, if any. The Company intends to use th
Rithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company")) announced today that its Board of Directors (the "Board") has declared third quarter 2025 common and preferred stock dividends. Common Stock Dividend The Board declared a dividend of $0.25 per share of common stock for the third quarter 2025. The third quarter common stock dividend is payable on October 31, 2025, to shareholders of record on October 1, 2025. Preferred Stock Dividends In accordance with the terms of Rithm Capital's Series A Cumulative Redeemable Preferred Stock ("Series A"), the Board declared a Series A dividend for the third quarter 2025 of $0.6564577 per share, which reflects a rate of 10.275%. The
Piper Sandler upgraded Rithm Capital from Neutral to Overweight and set a new price target of $14.00
UBS initiated coverage of Rithm Capital with a rating of Buy and set a new price target of $12.50
B. Riley Securities initiated coverage of Rithm Capital with a rating of Buy and set a new price target of $12.00
4 - Rithm Capital Corp. (0001556593) (Issuer)
4 - Rithm Capital Corp. (0001556593) (Issuer)
4 - Rithm Capital Corp. (0001556593) (Issuer)
4 - Rithm Capital Corp. (0001556593) (Reporting)
13F-HR/A - Rithm Capital Corp. (0001556593) (Filer)
13F-HR/A - Rithm Capital Corp. (0001556593) (Filer)
13F-HR/A - Rithm Capital Corp. (0001556593) (Filer)
Rithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company")) announced today that its Board of Directors (the "Board") has declared third quarter 2025 common and preferred stock dividends. Common Stock Dividend The Board declared a dividend of $0.25 per share of common stock for the third quarter 2025. The third quarter common stock dividend is payable on October 31, 2025, to shareholders of record on October 1, 2025. Preferred Stock Dividends In accordance with the terms of Rithm Capital's Series A Cumulative Redeemable Preferred Stock ("Series A"), the Board declared a Series A dividend for the third quarter 2025 of $0.6564577 per share, which reflects a rate of 10.275%. The
Acquisition Will Provide Rithm with Class A Office Portfolio at Scale in Premier Markets at Attractive Levels Expands and Diversifies Rithm's Commercial Real Estate Footprint and Asset Management Capabilities Rithm to Host Investor Conference Call to Discuss Transaction Today at 8:30 a.m. ET Rithm Capital Corp. ("Rithm" or "Rithm Capital"), a global alternative asset manager, announced today that it has entered into a definitive agreement to acquire Paramount Group, Inc. (NYSE:PGRE) ("Paramount" or the "Company"), a vertically-integrated real estate investment trust that owns, operates, manages, and redevelops Class A office properties in New York City and San Francisco, for total cas
Rithm Capital Corp. (NYSE:RITM, "Rithm Capital, " "Rithm" or the "Company")) today reported the following information for the second quarter ended June 30, 2025. "Rithm's second-quarter results reflect our commitment to sustained performance" said Michael Nierenberg, Chief Executive Officer and President of Rithm. "Our diversified platform continues to deliver steady growth across our core operating businesses, including asset management, origination and servicing. We remain focused on delivering long-term value for our investors and shareholders as we expand our asset management capabilities, guided by a disciplined investment approach, positioned to seize compelling opportunities." Fi
SC 13G/A - Rithm Capital Corp. (0001556593) (Subject)
SC 13G/A - Rithm Capital Corp. (0001556593) (Subject)
SC 13G - Rithm Capital Corp. (0001556593) (Subject)
Mortgage Industry Veteran to Help Accelerate Growth and Innovation Genesis Capital LLC ("Genesis" or the "Company"), a Rithm Capital (NYSE:RITM) company and a leading business purpose lender that provides innovative financing solutions to residential real estate developers, today announced that Nate Trunfio has joined the Company as Chief Strategy Officer. In this role, Mr. Trunfio will work closely with Genesis' senior leadership to identify, structure, and execute strategic initiatives aligned with the Company's mission to empower high-quality real estate investors with innovative, tailored financing solutions. This press release features multimedia. View the full release here: https://w
Great Ajax Corp. (NYSE:AJX, the "Company"))), a real estate investment trust, announced today that its board of directors has fixed a record date of April 22, 2024 for its 2024 meeting of stockholders (the "Meeting") to, among other things, consider and vote upon certain matters relating to the previously announced strategic transaction (the "Transaction") by and between the Company and Rithm Capital Corp. (together with its subsidiaries, "Rithm"). At the Meeting, the Company will seek stockholder approval for the following actions: (1) the issuance of common stock to certain exchanging investors in excess of the 19.99% cap imposed by the New York Stock Exchange rules; (2) the issuance of