After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Yahoo Finance discussed the stock recently as it posted Rithm Capital Corp. Declares First Quarter 2024 Common and Preferred Dividends.
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Stocks Info
This NYSE-listed company operates within the REIT – Mortgage industry segment, falling under the Real Estate sector. The current market capitalization of Rithm Capital Corporation is $5.36B. A total of 2.71 million shares were traded on the day, compared to an average of 3.71M shares.
In the most recent transaction, Rithm Capital Corp. bought 29,664,827 shares of RITM for 12.70 per share on Nov 17 ’23. After the transaction, the 10% Owner now owns 1,000 company shares.
Dividend
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Rithm Capital Corporation pays an annual dividend of $1.00, resulting in a dividend yield of 9.02%, and it has a price to earnings (P/E) ratio of 10.07. RITM’s most recent ex-dividend date was 3/28/2024 when it declared a $0.25 quarterly dividend that was paid in cash on 4/26/2024. Previously, the company paid the dividend on 1/26/2024 with an ex-dividend date of 12/28/2023. The RITM stock dividend was $0.25 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, RITM has a high of $11.31 and a low of $7.59.
As of this writing, RITM has an earnings estimate of $0.38 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $0.45 per share and a lower estimate of $0.25. The company reported an EPS of $0.58 in the last quarter, which was 48.70% higher than expectations of $0.39.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. Its Book Value Per Share was $11.90, while its Total Shareholder’s Equity was $6.67B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RITM is Buy with a score of 4.50.
