The price of RITM is predicted to go up -0.11%, based on the high correlation periods with PVH. The similarity of these two price pattern on the periods is 96.51%.

RITM

PVH

Down: -0.11%Similarity: 96.51%

RITM Revenue Forecast

RITM EPS Forecast

RITM FAQs

What is bull’s view on RITM?

RITM stock is currently trading at $11.52, with a bullish outlook supported by its low forward P/E ratio of 5.59, significantly below the industry average of 12.1, indicating undervaluation. Analysts have reiterated a "Buy" rating with a price target of $13-$14, suggesting an upside potential of 10-20%, driven by strong dividend yield (8.8%) and improving earnings estimates. Additionally, the stock recently broke above its 200-day moving average, a bullish technical signal for further price appreciation.

What is bear's view on RITM?

RITM stock, currently trading around $11.15, faces bearish concerns due to its declining EPS projections (-5.34% YoY) and potential headwinds from a hawkish Fed impacting mortgage investments. Despite its low P/E ratio of 5.59, the stock's limited growth outlook and recent underperformance (-2.95% last month) relative to broader indices suggest downside risks. A break below $10.83 could signal further weakness.