Rithm Capital Corporation (NYSE:RITM) shares, rose in value on Wednesday, March 26, with the stock price down by -0.17% to the previous day’s close as strong demand from buyers drove the stock to $11.66.
Actively observing the price movement in the last trading, the stock closed the session at $11.68, falling within a range of $11.58 and $11.72. The value of beta (5-year monthly) was 1.835 whereas the PE ratio was 6.99 over 12-month period. Referring to stock’s 52-week performance, its high was $12.19, and the low was $10.38. On the whole, RITM has fluctuated by -2.35% over the past month.
With the market capitalization of Rithm Capital Corporation currently standing at about $6.07 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-05. The company’s Forward Dividend Ratio is 1.00, with its dividend yield at 8.58%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 5.45B, with a low estimate of 1.12B and a high estimate of 1.82B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.27B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RITM’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 75% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 19.97, with the price of RITM currently trading nearly -0.58% and -0.01% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.44, while the 7-day volatility ratio is showing 1.59% which for the 30-day chart, stands at 1.89%. Furthermore, Rithm Capital Corporation (RITM)’s beta value is 1.38, and its average true range (ATR) is 0.21.
A comparison of Rithm Capital Corporation (RITM) with its peers suggests the former has fared considerably weaker in the market. RITM showed an intraday change of -0.17% in last session, and over the past year, it grew by 4.76%%.
Data on historical trading for Rithm Capital Corporation (NYSE:RITM) indicates that the trading volumes over the past 10 days have averaged 3.74 and over the past 3 months, they’ve averaged 3.91 million. According to company’s latest data on outstanding shares, there are 520.66 million shares outstanding.
Nearly 0.54% of Rithm Capital Corporation’s shares belong to company insiders and institutional investors own 49.50% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.4 million shares as on 2025-03-14, resulting in a short ratio of 1.1. According to the data, the short interest in Rithm Capital Corporation (RITM) stood at 85.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 4.3 million. The stock has risen by 7.66% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RITM stock heading into the next quarter.
