Rithm Capital Corp. closed at $9.22, up 1.65%, outpacing the S&P 500's 0.38% gain. The real estate investment trust has lost 1.31% over the past month, while the Finance sector gained 2.89%. Ahead of its earnings release, the Zacks Consensus Estimate projects EPS of $0.50, down 7.41% year-over-year, on revenue of $1.46 billion, up 19.89%. For the full year, estimates call for EPS of $2.23, a 5.11% decline, and revenue of $6.02 billion, a 37.48% increase. Analyst estimate revisions have trended lower, with the consensus EPS estimate down 1.62% over the past month, and the stock carries a Zacks Rank of #4 (Sell). Rithm trades at a forward P/E of 4.07, a discount to the industry average of 10.88, while its industry group ranks in the bottom 31% of all Zacks-ranked industries.
Rithm Capital Corp.Zacks maintains Sell rating, EPS estimates revised down, and stock carries Zacks Rank #4 (Sell).