The Analyst Landscape: 6 Takes On Rithm Capital
Portfolio Pulse from Benzinga Insights
In the last three months, 6 analysts have offered diverse ratings on Rithm Capital (NYSE:RITM), with recent actions including maintaining and raising price targets, reflecting a generally positive outlook. The average 12-month price target is $12.17, marking a 9.44% increase from the previous average of $11.12. Despite this optimism, Rithm Capital faces financial challenges, including a -21.17% decline in revenue growth and below-industry averages in net margin, ROE, and ROA, alongside a high debt-to-equity ratio.
April 01, 2024 | 3:01 pm
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Rithm Capital has received diverse analyst ratings, with a recent positive shift in price targets. However, the company is grappling with significant financial challenges, including a notable decline in revenue and profitability metrics.
The mixed analyst ratings and recent positive adjustments in price targets suggest a cautiously optimistic outlook for RITM's stock price in the short term. However, the company's financial difficulties, including a significant revenue decline and poor profitability metrics, could dampen investor sentiment and counterbalance the positive analyst perspectives, leading to a neutral impact on the stock price.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100