Rithm Stock Climbs 1.97% to $9.84 as Revenue Estimates Surge 64.5%
Rithm’s shares rose 1.97% to close at $9.84 while outpacing the S&P 500’s 0.83% gain, though the stock has fallen 10.07% over the past month. Analysts project flat first-quarter EPS of $0.52 on 64.5% revenue growth to $1.26 billion and full-year sales up 21.4% to $5.32 billion.
1. Stock Performance and Comparison
In the latest session, Rithm shares rose 1.97% to $9.84, outpacing the S&P 500’s 0.83% gain. Over the past month, the stock has declined 10.07%, underperforming the Finance sector’s 5.75% loss and the S&P 500’s 2.65% drop.
2. First-Quarter Outlook
Analysts forecast first-quarter earnings per share of $0.52, flat with year-ago levels, on projected revenue of $1.26 billion, representing a 64.51% year-over-year increase.
3. Full-Year Projections
For the full year, consensus estimates call for EPS of $2.30, down 2.13%, and revenue of $5.32 billion, up 21.38%. Consensus EPS estimates have risen 1.47% over the past month, placing the company at a Zacks Rank of 3 (Hold).
4. Valuation Metrics
Rithm trades at a forward price-to-earnings ratio of 4.19, well below the Finance industry average of 10.37. The industry holds a Zacks Industry Rank of 139, placing it in the lower 44% of over 250 industries.