Rithm Capital: Irresistible Value Proposition
RITMRithm Capital (RITM) seekingalpha.com·2024-05-22 12:59

Dragon Claws Rithm Capital Corp. (NYSE:RITM) is a well-managed mortgage real estate investment trust with strong distributable earnings results for the first quarter and a low dividend pay-out ratio. Furthermore, Rithm Capital has considerable investments in Mortgage Servicing Rights, whose values benefit from higher interest rates. With inflation seeing a bit of a resurgence in early 2024, I think the market is set to face a higher-for-longer interest rate environment, which would benefit Rithm Capital. Si ...