RITM / Rithm Capital: I Like The Strategic Pivot And The 11.25% Yield

Rithm Capital is a strong income stock with a well-diversified portfolio and potential for dividend growth. The acquisition of Sculptor Capital will a more_horizontal

Rithm Capital Chairman and CEO Michael Nierenberg talks about the effort to buy Sculptor Capital Management Inc. for $720 million. Shareholders now ha more_horizontal

Rithm (RITM) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings o more_horizontal

Rithm's (RITM) third-quarter results are likely to reflect a decline in net gain on originated residential mortgage loans held for sale. more_horizontal

Mortgage REITs are gaining traction among income investors as rates stabilize. The pain is over and now is a good time to get in. Rithm Capital stands more_horizontal

Rithm Capital offers a high-dividend yield, but there are other mREIT companies with higher yields. The risk of overpaying for acquisitions may put do more_horizontal

The acquisition is likely to expand Rithm's (RITM) footprint in the highly competitive mortgage market. more_horizontal

Rithm Capital Corp. offers an attractive yield of 10.4%. Furthermore, historical data suggest the strength of its business model to maintain dividend more_horizontal