What changed
$RITM — BUY 📊
Rithm Capital Corp. operates as an asset manager focused on real estate, credit, and financial services in the United States.
🎯 Q1 FY26 | Rev $2B | EPS $0.51 vs $0.50 🟢
💡 Consensus expects continued book value erosion and persistent discount to book due to high rates. Our variant view is that book value is stable/growing, and the discount will narrow from 0.80x to at least 0.90x, driven by consistent earnings and dividend coverage.
📉 Reward/Risk: 2.3:1
🏢 Business Quality: 7/10
📊 Valuation: cheap
🔮 Catalyst: Next quarterly dividend declaration (expected within 1-2 months) and continued stable book value disclosure.
💰 Entry: $9.19, stop $8.7, target $10.3
⚖️ Buy RITM at 0.80x book value for 20% upside as book value stability and dividend yield drive a re-rating to 0.90x P/B within 3 months.
📊 Our read: BUY. Full analysis →
https://stockduty.xyz/s/RITM0620
Why it matters
Rithm Capital Corp. operates as an asset manager focused on real estate, credit, and financial services in the United States.