Exhibit 99.1 Renewal of Stock Repurchase Program: The Company announced today that its Board of Directors authorized stock repurchase programs of up to $200 million of shares of the Company's common stock (the "common stock repurchase program"), and up to $100 million of shares of the Company's preferred stock (the "preferred stock repurchase program" and, together with the common stock repurchase program, the "repurchase programs"), through December 31, 2025. The new repurchase programs replace the Company ...

Global asset manager Rithm Capital Corp. (RITM) is set to report fourth-quarter 2024 results on Feb. 6, 2025, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings is currently pegged at 45 cents per share on revenues of $1.23 billion. See the Zacks Earnings Calendar to stay ahead of market-making news.The fourth-quarter earnings estimate has remained stable over the past 60 days. However, the bottom-line projection indicates a year-over-year decline of 11.8%. Meanw ...

Rithm (RITM) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 6. On ...

Rithm Capital Corporation (NYSE: RITM ) is a mortgage real estate investment trust (mREIT) with various diversified business segments. Despite a de-risking effort through diversified sources of revenue, all the segments are heavily tied to the real estate sector and are exposed toType-F Capital specializes in identifying businesses that fit our definition of a true “fortress business.” As the term suggests, these companies boast high barriers to entry, command exceptional margins, prove difficult to disrupt ...

Rithm (RITM) closed the most recent trading day at $11.34, moving -0.61% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.47% for the day. Elsewhere, the Dow saw a downswing of 0.31%, while the tech-heavy Nasdaq depreciated by 0.51%.The real estate investment trust's shares have seen an increase of 5.36% over the last month, surpassing the Finance sector's gain of 4.45% and the S&P 500's gain of 1.67%.Market participants will be closely following the finan ...

Rithm (RITM) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The power o ...

In the latest trading session, Rithm (RITM) closed at $10.96, marking a -0.36% move from the previous day. This change lagged the S&P 500's 0.16% gain on the day. Elsewhere, the Dow gained 0.25%, while the tech-heavy Nasdaq lost 0.06%.Shares of the real estate investment trust witnessed a loss of 1.26% over the previous month, beating the performance of the Finance sector with its loss of 4.35% and the S&P 500's loss of 2.8%.The investment community will be closely monitoring the performance of Rithm in its ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Rithm (RITM) . This company, which is in the Zacks Financial - Miscellaneous Services industry, shows potential for another earnings beat.This real estate investment trust has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters wa ...

Industry and Company Focus - The financial researcher focuses on innovation, disruption, growth buy-outs, and value stocks, with a particular interest in high-tech and early-growth companies [1] - The researcher provides insights into current industry events and major news, aiming to offer readers well-researched investment opportunities [1] Analyst's Position - The analyst holds a beneficial long position in RITM shares through stock ownership, options, or other derivatives [2] - The article reflects the analyst's personal opinions and is not influenced by compensation or business relationships with mentioned companies [2]

Rithm Capital has been named as a Top 10 Real Estate Investment Trust (REIT), according to Dividend Channel, which published its most recent ''DividendRank'' report. The report noted that among REITs, RITM shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent RITM share price of $10.86 represents a price-to-book ratio of 0.9 and an annual dividend yield of 9.21% — by comparison, the average stock in Dividend Channel's coverage universe yields 4.4% and t ...