Rithm Capital (RITM) Up 15% in the Past Year: More Room to Run?
RITMRithm Capital (RITM) ZACKS·2024-07-12 03:06

Rithm Capital Corp. (RITM) shares have gained 15% in the past year. The stock has outperformed the industry’s 10.4% increase. Based in New York, Rithm Capital is an asset manager specializing in the real estate and financial services sectors. It has a market cap of $5.2 billion.Its asset management business expansion and continuous acquisition of customer loans are aiding the company. Its diversified platform and focus on growing profitability of its Newrez business is buoying its performance. Muted prepaym ...