Rithm (RITM) Registers a Bigger Fall Than the Market: Important Facts to Note
Rithm (RITM) declined 1.29% to $9.95, underperforming the S&P 500's 0.58% loss. The real estate investment trust faces a projected 5.56% EPS decline for the upcoming quarter, though revenue is expected to rise 33.3% year-over-year. The stock holds a Zacks Rank #3 (Hold) with a Forward P/E of 4.46, trading at a discount to its industry average of 11.91.