Rithm Capital Corp. (RITM)
Rithm Capital Corp., formerly known as New Residential Investment Corp., is an investment manager specializing in real estate investments in the U.S. and Europe, with a portfolio including mortgage assets, residential securities, and loans. Incorporated in 2011 and based in New York, the company qualifies as a real estate investment trust and avoids federal corporate income taxes by distributing at least 90% of its taxable income to stockholders.
Company Info
| ISIN | US64828T2015 |
|---|---|
| Sector | Real Estate |
| Industry | REIT - Mortgage |
| IPO Date | May 2, 2013 |
Highlights
| Market Cap | $5.58B |
|---|---|
| EPS (TTM) | $0.98 |
| PE Ratio | 10.95 |
| Total Revenue (TTM) | $1.44B |
| Gross Profit (TTM) | $661.28M |
| EBITDA (TTM) | -$221.66M |
| Year Range | $9.08 - $11.76 |
| Target Price | $13.15 |
| Short % | 0.99% |
| Short Ratio | 1.08 |
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: RITM vs. O, RITM vs. MAIN, RITM vs. ARCC, RITM vs. ABR, RITM vs. AGNC, RITM vs. NLY, RITM vs. DX, RITM vs. JEPI, RITM vs. ACRE, RITM vs. PLD
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Rithm Capital Corp., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Rithm Capital Corp. had a return of 7.52% year-to-date (YTD) and 20.86% in the last 12 months. Over the past 10 years, Rithm Capital Corp. had an annualized return of 9.61%, while the S&P 500 had an annualized return of 11.39%, indicating that Rithm Capital Corp. did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.52% | 25.45% |
| 1 month | 0.75% | 2.91% |
| 6 months | -1.50% | 14.05% |
| 1 year | 20.86% | 35.64% |
| 5 years (annualized) | 2.33% | 14.13% |
| 10 years (annualized) | 9.61% | 11.39% |
Monthly Returns
The table below presents the monthly returns of RITM, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.19% | 1.31% | 5.28% | -0.36% | 0.81% | -2.68% | 8.91% | 2.84% | -4.94% | -4.59% | 7.52% | ||
| 2023 | 15.18% | -3.29% | -9.25% | 2.00% | -0.24% | 17.94% | 7.81% | 2.28% | -7.45% | 0.43% | 11.25% | 5.27% | 45.60% |
| 2022 | -0.56% | -2.53% | 5.78% | -3.08% | 8.65% | -15.34% | 17.06% | -13.57% | -22.38% | 19.24% | 7.35% | -6.90% | -14.44% |
| 2021 | -5.53% | 9.48% | 9.44% | -2.99% | -1.31% | 0.09% | -6.06% | 11.88% | 0.73% | 5.67% | -6.43% | 3.09% | 17.07% |
| 2020 | 3.91% | -7.05% | -67.80% | 22.70% | 17.74% | 3.63% | 8.19% | -2.40% | 2.71% | -3.88% | 23.47% | 9.55% | -34.36% |
| 2019 | 19.49% | -2.59% | 2.24% | 2.39% | -9.28% | 4.21% | 1.95% | -10.32% | 11.44% | 4.40% | -2.15% | 7.15% | 28.46% |
| 2018 | -3.30% | -6.71% | 5.14% | 6.26% | 2.29% | 0.61% | 2.29% | 3.80% | -1.33% | 0.34% | -3.80% | -14.53% | -10.35% |
| 2017 | -3.63% | 11.35% | 3.56% | -1.83% | -3.48% | -0.23% | 9.25% | -3.06% | 4.54% | 5.38% | 0.34% | 3.92% | 27.83% |
| 2016 | -6.33% | 2.81% | 3.31% | 4.04% | 12.23% | 1.91% | 2.16% | 4.97% | -0.57% | 1.09% | 10.67% | 4.75% | 47.94% |
| 2015 | -0.16% | 18.51% | 1.98% | 13.37% | 2.74% | -10.67% | 2.95% | -9.75% | -7.49% | -4.03% | 4.86% | -0.79% | 7.75% |
| 2014 | -4.94% | 0.63% | 4.00% | -5.72% | 3.94% | 3.36% | -5.08% | 4.85% | -4.27% | 6.18% | 4.68% | 1.45% | 8.26% |
| 2013 | 7.16% | -1.63% | -4.23% | 6.97% | -0.15% | -8.62% | 14.72% | 13.02% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of RITM is 68, suggesting that the investment has average results relative to other stocks in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Rithm Capital Corp. (RITM) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Rithm Capital Corp. provided a 9.32% dividend yield over the last twelve months, with an annual payout of $1.00 per share. The company has been increasing its dividends for 3 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.00 | $1.00 | $1.00 | $0.90 | $0.50 | $2.00 | $2.00 | $1.98 | $1.84 | $1.75 | $1.58 | $0.85 |
Dividend yield | 9.32% | 9.36% | 12.24% | 8.40% | 5.03% | 12.41% | 14.07% | 11.07% | 11.70% | 14.39% | 12.37% | 6.36% |
Monthly Dividends
The table displays the monthly dividend distributions for Rithm Capital Corp.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.25 | $0.00 | $0.75 | |
| 2023 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.25 | $1.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.25 | $0.00 | $0.25 | $0.00 | $0.00 | $0.00 | $0.25 | $0.00 | $0.25 | $1.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.25 | $0.00 | $0.25 | $0.90 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.15 | $0.00 | $0.20 | $0.50 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.50 | $0.00 | $0.50 | $0.00 | $0.00 | $0.00 | $0.50 | $0.00 | $0.50 | $2.00 |
| 2018 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.50 | $2.00 |
| 2017 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.50 | $1.98 |
| 2016 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.00 | $0.46 | $0.00 | $0.46 | $0.00 | $0.00 | $0.46 | $1.84 |
| 2015 | $0.00 | $0.00 | $0.38 | $0.00 | $0.45 | $0.00 | $0.00 | $0.00 | $0.00 | $0.46 | $0.00 | $0.46 | $1.75 |
| 2014 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.38 | $1.58 |
| 2013 | $0.35 | $0.00 | $0.00 | $0.50 | $0.85 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Rithm Capital Corp.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Rithm Capital Corp. was 81.11%, occurring on Apr 3, 2020. Recovery took 1106 trading sessions.
The current Rithm Capital Corp. drawdown is 8.11%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -81.11% | Feb 18, 2020 | 34 | Apr 3, 2020 | 1106 | Aug 28, 2024 | 1140 |
| -39.02% | May 26, 2015 | 182 | Feb 11, 2016 | 196 | Nov 18, 2016 | 378 |
| -22.93% | Sep 6, 2018 | 76 | Dec 24, 2018 | 216 | Nov 1, 2019 | 292 |
| -16.31% | Oct 23, 2013 | 22 | Nov 21, 2013 | 78 | Mar 18, 2014 | 100 |
| -11.47% | Aug 9, 2013 | 7 | Aug 19, 2013 | 43 | Oct 18, 2013 | 50 |
Volatility
Volatility Chart
The current Rithm Capital Corp. volatility is 4.76%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Rithm Capital Corp..
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Income Statement
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