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Rithm Capital Corp (RITM) operates as a real estate investment trust that provides capital and services to the real estate and financial services industries. The company’s mission is to generate attractive risk-adjusted returns in all interest-rate environments through a complementary portfolio of investments and operating businesses. Rithm Capital’s investment portfolio is composed of mortgage servicing-related assets (full and excess MSRs and servicer advances), residential securities (and associated call rights) loans (including single-family rental), and consumer loans.

The company was formerly known as New Residential Investment Corp. and changed its name to Rithm Capital Corp. in August 2022.

Rithm Capital Corp. was incorporated in 2011 and is headquartered in New York, New York.

Three key data points gauge Rithm Capital or any dividend-paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money.

RITM Price

Over the past year, Rithm Capital's share price increased about 10.75% from $9.20 to $10.19 as of Wednesday’s market close.

If RITM trades in the range of $7.50 to $12.00 this next year, its recent $10.19 share price might rise to $11.50 by next year. Of course, RITM’s price could drop about the same $1.31 estimated amount or more.

My annual upside estimate of $1.31 however, in line with the median of annual pice upsides calculated by ten analysts tracking RITM for brokers.

RITM Dividend

Rithm Capital Corp has declared variable quarterly dividends since July 2013. RITM’s most recent Q dividend of $0.25 was declared on December 12 to shareholders of record on December 28th. The annual payout totalled 1.00 and the latest Q payment was made on January 26th.

A forward-looking $1.00 annual dividend yields 9.81% at Wednesday’s $10.19 share price.

RITM Returns

To put it all together, add the estimated annual dividend of $1.00 to the estimated price upside of $1.31 to find a $2.31 gross gain.

At Wednesday’s $10.19 share price, a little under $1000 would buy 98 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, would cost us about $0.10 per share.

Subtracting that likely $0.10 brokerage cost from the $2.31 gross gain produces a net gain of $2.21 X 98 shares = $216.58 for a 21.6% estimated net gain.

You might choose to pounce on Rithm Capital Corp It is a 13-year-old New York-based mortgage services company.

Furthermore, the estimated $98.10 of annual dividend income from $1k invested is about 9.6 times greater than RITM’s recent $9.59 single share price.

The exact track of RITM’s ongoing future price and dividend will be determined by market action.

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