Rithm Capital Corp
General ticker "RITM" information:
- Sector: Financials
- Industry: Mortgage Real Estate Investment Trusts (REITs)
- Capitalization: $5.5B
Rithm Capital Corp follows the US Stock Market performance with the rate: 37.8%.
Estimated limits based on current volatility of 1.2%: low 10.74$, high 11.01$
Factors to consider:
- Company pays dividends: last record date 2024-10-01, amount 0.25$ (Y9.17%)
- Company does not operate outside North America (retrieved using AI)
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [8.31$, 12.15$]
- 2024-12-30 to 2025-12-30 estimated range: [8.97$, 13.05$]
Financial Metrics affecting the RITM estimates:
- Positive: 0.93 < Non-GAAP EPS, $ of 2.06
- Positive: Operating cash flow per share per price, % of 21.48 > 12.76
- Positive: -0.25 < Return on assets ratio (scaled to [-100,100]) of 1.73
- Positive: Operating profit margin, % of 57.34 > 19.51
Short-term RITM quotes
Long-term RITM plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $3,041.03MM | $3,815.85MM | $3,756.99MM |
| Operating Expenses | $2,110.58MM | $2,015.85MM | $1,602.83MM |
| Operating Income | $930.45MM | $1,800.00MM | $2,154.16MM |
| Non-Operating Income | $33.36MM | $-537.20MM | $-1,401.33MM |
| Interest Expense | $497.31MM | $791.00MM | $1,401.33MM |
| R&D Expense | $0.00MM | $0.00MM | $0.00MM |
| Income(Loss) | $963.81MM | $1,262.80MM | $752.83MM |
| Taxes | $158.23MM | $308.28MM | $130.58MM |
| Profit(Loss) | $805.58MM | $954.52MM | $622.26MM |
| Stockholders Equity | $6,604.03MM | $6,943.00MM | $7,006.94MM |
| Inventory | $21.64MM | $19.38MM | $0.00MM |
| Assets | $39,742.19MM | $32,479.34MM | $35,311.79MM |
| Operating Cash Flow | $2,883.87MM | $6,874.06MM | $1,101.55MM |
| Capital expenditure | $23.02MM | $0.54MM | $0.00MM |
| Investing Cash Flow | $2,306.25MM | $198.25MM | $252.52MM |
| Financing Cash Flow | $-4,742.16MM | $-6,983.12MM | $-1,298.89MM |
| Earnings Per Share* | $1.56 | $1.84 | $1.11 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.