Rithm Property Trust Approves 1-for-6 Reverse Stock Split
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 19 2025
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Source: Newsfilter
- Reverse Stock Split Decision: Rithm Property Trust's Board of Directors unanimously approved a 1-for-6 reverse stock split, expected to take effect on December 30, 2025, reducing outstanding shares from approximately 45.4 million to about 7.6 million, aimed at increasing share price to attract more investor interest.
- Exchange Adjustments: Post-split, the company's common stock will continue trading on the NYSE under the new CUSIP number 38983D 854, with trading on a reverse-split-adjusted basis starting December 31, 2025, ensuring liquidity and market stability.
- Shareholder Rights Protection: The reverse stock split will not affect shareholders' ownership percentages, although minor changes may arise from cash payments for fractional shares, thereby maintaining investment value and enhancing shareholder confidence.
- No Shareholder Approval Required: The Board's approval suffices under Maryland General Corporation Law to implement the reverse stock split without shareholder voting, streamlining the process and accelerating implementation, demonstrating the management's efficient decision-making capabilities.
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Analyst Views on RPT
Wall Street analysts forecast RPT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for RPT is 4.00 USD with a low forecast of 4.00 USD and a high forecast of 4.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 16.760
Low
4.00
Averages
4.00
High
4.00
Current: 16.760
Low
4.00
Averages
4.00
High
4.00
About RPT
Rithm Property Trust Inc., formerly Great Ajax Corp., is a real estate investment trust (REIT) externally managed by an affiliate of Rithm Capital Corp. The Company is focused on a flexible commercial real estate focused investment strategy. It is investing in and managing real estate and financial services assets. Its principal objective is to generate risk-adjusted returns for its stockholders over the long-term through dividends and capital appreciation.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Rithm Property Trust Declares Q4 2025 Dividends for Common and Preferred Stocks
- Common Stock Dividend: Rithm Property Trust has declared a cash dividend of $0.36 per share for common stock, payable on February 13, 2026, aimed at enhancing shareholder returns and attracting investor interest.
- Preferred Stock Dividend: The Board declared a Series C dividend of $0.6171875 per share for the fourth quarter, payable on February 17, 2026, reflecting the company's ongoing commitment to its preferred shareholders.
- Record Dates: The record date for common stockholders is January 30, 2026, while preferred stockholders have a record date of February 1, 2026, ensuring timely dividend distribution and enhancing company transparency.
- Company Overview: Rithm Property Trust operates as a real estate investment platform externally managed by Rithm Capital Corp., focusing on a flexible commercial real estate investment strategy that qualifies as a REIT for tax purposes.
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