In a report released yesterday, Bose George from KBW maintained a Buy rating on Rithm Capital (RITM – Research Report), with a price target of $12.00. The company’s shares closed yesterday at $11.12.
According to TipRanks, George is a top 100 analyst with an average return of 14.5% and a 71.47% success rate. George covers the Financial sector, focusing on stocks such as First American Financial, Stewart Information Services, and Fidelity National Financial.
Rithm Capital has an analyst consensus of Strong Buy, with a price target consensus of $12.28.
The company has a one-year high of $11.32 and a one-year low of $6.87. Currently, Rithm Capital has an average volume of 3.42M.
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Rithm Capital (RITM) Company Description:
New Residential Investment Corp. is a real estate investment trust, which focuses on investing and actively managing, investments related to residential real estate. It operates through the following segments: Origination, Servicing, MSR Related Investments, Residential Securities and Loans, Consumer Loans and Corporate. The Corporate segment includes general and administrative expenses, the management fees and incentive compensation, and corporate cash and related interest income. The company was founded in 2011 and is headquartered in New York, NY.
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