Rithm Capital Corp. (RITM)
NYSE: RITM · Real-Time Price · USD
11.91
+0.14 (1.19%)
Sep 16, 2024, 4:00 PM EDT - Market closed
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Rithm Capital stock have an average target of 12.67, with a low estimate of 12 and a high estimate of 14. The average target predicts an increase of 6.38% from the current stock price of 11.91.
Analyst Consensus: Strong Buy
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $12 | $12.67 | $12.5 | $14 |
| Change | +0.76% | +6.38% | +4.95% | +17.55% |
* Price targets were last updated on Aug 16, 2024.
Analyst Ratings
The average analyst rating for Rithm Capital stock from 9 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 5 | 5 | 5 | 5 | 5 | 4 |
| Hold | 0 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 10 | 10 | 10 | 10 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Buy Reiterates $13 | Buy | Reiterates | $13 | +9.15% | Aug 16, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $13 | Buy | Reiterates | $13 | +9.15% | Aug 13, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $11 → $13 | Buy | Maintains | $11 → $13 | +4.95% | Jul 19, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $11 → $13 | Hold | Maintains | $11 → $13 | +4.95% | May 14, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $13 → $14 | Strong Buy | Reiterates | $13 → $14 | +17.55% | May 10, 2024 |
Financial Forecast
Revenue This Year
Revenue Next Year
1.91B
from 1.89B
Increased by 0.79%
from 1.89B
EPS This Year
1.83
from 1.10
Increased by 66.39%
from 1.10
EPS Next Year
1.85
from 1.83
Increased by 1.15%
from 1.83
| Fiscal Year | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|---|---|
| Period Ending | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 | Dec 31, 2026 |
| Revenue | - | - | - | - | - | 1.89B | 1.91B | 1.93B |
| Revenue Growth | 1.51% | - | - | 4.07% | -37.27% | - | 0.79% | 1.42% |
| EPS | 1.34 | -3.52 | 1.51 | 1.80 | 1.10 | 1.83 | 1.85 | 2.09 |
| EPS Growth | -52.31% | - | - | 19.21% | -38.89% | 66.39% | 1.15% | 12.95% |
| Forward PE | - | - | - | - | - | 6.51 | 6.43 | 5.70 |
| No. Analysts | - | - | - | - | - | 13 | 11 | 5 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.0B | 2.2B | 2.1B |
| Avg | 1.9B | 1.9B | 1.9B |
| Low | 1.7B | 1.6B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 15.8% | 11.8% |
| Avg | - | 0.8% | 1.4% |
| Low | - | -13.3% | -9.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.97 | 2.06 | 2.26 |
| Avg | 1.83 | 1.85 | 2.09 |
| Low | 1.67 | 1.45 | 1.91 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 79.5% | 12.4% | 21.9% |
| Avg | 66.4% | 1.1% | 12.9% |
| Low | 51.5% | -20.8% | 3.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.
