Analyst Price Target is $12.78
▲ +14.60% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Rithm Capital in the last 3 months. The average price target is $12.78, with a high forecast of $14.00 and a low forecast of $12.00. The average price target represents a 14.60% upside from the last price of $11.15.
Current Consensus is
Moderate Buy
The current consensus among 9 contributing investment analysts is to moderate buy stock in Rithm Capital. This rating has held steady since May 2024, when it changed from a Buy consensus rating.
Rithm Capital Corp. operates as an asset manager focused on real estate, credit, and financial services. It operates through Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable, and Asset Management segments. Its investment portfolio primarily comprises of mortgage servicing rights (MSR), and MSR financing receivables, title, appraisal and property preservation, excess MSRs, and services advance investments; real estate securities, call rights, SFR properties, and residential mortgage loans; consumer and business purpose loans; and asset management related investments. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as New Residential Investment Corp. and changed its name to Rithm Capital Corp. in August 2022. Rithm Capital Corp. was incorporated in 2011 and is based in New York, New York.
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