What changed
$RITM — BUY 📊
Rithm Capital Corp. operates as an asset manager focused on real estate, credit, and financial services in the United States.
🎯 Q2 2026 | Rev $2B | EPS $0.51 vs $0.50 🟢
💡 Consensus expects a stagnant book value and persistent P/B discount due to rate sensitivity and mREIT complexity. Our variant view is that RITM’s growing servicing portfolio and asset management fees provide a more stable earnings stream, justifying a P/B ratio closer to 0.9–1.0x (peers at 0.85–0.95x) and driving 20%+ upside within 3 months if the...
📉 Reward/Risk: 2.9:1
🏢 Business Quality: 6/10
📊 Valuation: cheap — P/B 0.74x vs. tangible book ~$12.30; adjusted P/E ~5x; dividend yield 10.9%; EV/EBITDA ~8x.
🔮 Catalyst: Q2 2026 earnings release and potential strategic update (e.g., asset management spin-off, buyback expansion, or dividend increase)
📊 Our read: BUY. Full analysis →
https://stockduty.xyz/s/RITM0622
Why it matters
Rithm Capital Corp. operates as an asset manager focused on real estate, credit, and financial services in the United States.