Rithm Capital gains after Q4 profit beats estimates

Rithm Capital

03/02/2026 14:51

** Shares of asset management company Rithm Capital RITM.N rise 5.65% to $11.41 after Q4 results

** Co posts Q4 adj. EPS of 74 cents, above analysts' estimates of 58 cents - data compiled by LSEG

** Completes acquisitions of Crestline Management and Paramount Group

** Piper Sandler says RITM results is a welcome relief for mortgage investors following the disappointing quarter from PennyMac PFSI.N

** RITM is an asset manager operating as a mortgage REIT focused on residential mortgage origination/servicing and mortgage-related investments

** 10 analysts rate the stock "buy" or "strong buy"; median PT is $14

** Including session's moves, RITM down 4.6% in the last 12 months

(Reporting by Pragyan Kalita in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com;))