Rithm Capital Corporation [RITM] stock prices are up 1.10% to $11.03 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RITM shares have lost -0.27% over the last week, with a monthly amount glided 0.36%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Rithm Capital Corporation [NYSE: RITM] stock has seen the most recent analyst activity on December 06, 2023, when UBS initiated its Buy rating and assigned the stock a price target of $12.50. Previously, B. Riley Securities started tracking the stock with Buy rating on December 16, 2022, and set its price target to $12. On September 30, 2022, upgrade upgraded it’s rating to Neutral and revised its price target to $9 on the stock.
The stock price of Rithm Capital Corporation [RITM] has been fluctuating between $9.97 and $12.02 over the past year. Currently, Wall Street analysts expect the stock to reach $12.67 within the next 12 months. Rithm Capital Corporation [NYSE: RITM] shares were valued at $11.03 at the most recent close of the market. An investor can expect a potential return of 14.87% based on the average RITM price forecast.
Analyzing the RITM fundamentals
The Rithm Capital Corporation [NYSE:RITM] reported sales of 5.03B for trailing twelve months, representing a surge of 133.57%. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at -0.16%, Pretax Profit Margin comes in at 0.47%, and Net Profit Margin reading is 0.38%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.08 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.87.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.94 points at the first support level, and at 10.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.08, and for the 2nd resistance point, it is at 11.12.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.15, the price to book ratio is 0.90 and price to earnings (TTM) ratio is 11.18.
