BTIG Rates Rithm Capital (RITM) buy, $13 Price Target
BTIG maintains its buy rating on Rithm Capital Corp. with a $13 price target, a 41.46% upside from the current price.
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BTIG rated Rithm Capital Corp. ($RITM) "buy" with a $13 price target on June 16, 2026.
Since the rating, $RITM is down 1.4% after 1 week, up 3.9% after 1 month and down 1.9% to date (from the $8.83 close on Jun 16, 2026).
Key Points
- BTIG analyst Douglas Harter reiterated a buy rating on Rithm Capital Corp. with a price target of $13 on June 16, 2026.
- BTIG's $13 price target implies 41.46% upside from Rithm Capital Corp.'s ($RITM) current $9.19 share price.
- Rithm Capital trades at $9.19 on the NYSE, with a market cap of $5.21 billion and a P/E ratio of 8.56.
- Insider buying was reported on May 26, 2026, with several executives acquiring shares in the company.
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BTIG analyst Douglas Harter reaffirmed a buy rating for Rithm Capital Corp. (NYSE:RITM) on June 16, 2026, setting a price target of $13. This comes as the stock trades at $9.19.
Other Institutional Activity in Rithm Capital Corp.
Institutional investors have been active in Rithm Capital Corp. BlackRock, Inc. increased its holdings by 41.27 million shares, now holding 71.74 million shares valued at about $680.06 million. Vanguard Portfolio Management LLC initiated a position with 28.83 million shares worth approximately $273.34 million. Vanguard Capital Management LLC also began a new position, acquiring 24.97 million shares valued at $236.76 million. State Street Corp increased its stake by 8.40 million shares to 18.96 million shares, valued at roughly $179.71 million. Wellington Management Group LLP boosted its holdings by 3.89 million shares, reaching a total of 10.15 million shares worth $96.22 million.
Rithm Capital Corp. Stock Down 1.7%
Shares of NYSE:RITM are trading around $9.19. The company has a market cap of approximately $5.21 billion and a P/E ratio of 8.56. Rithm Capital's stock has seen a 52-week low of $8.43 and a high of $12.74. The 50-day moving average is $9.58, while the 200-day moving average stands at $10.60. The company has a current ratio of 0.995 and a quick ratio of 0.337, with a debt-to-equity ratio of 422.945.
$RITM price target
Rithm Capital Corp. daily closes and this analyst's $13 target. Not advice.
Recent Earnings
Rithm Capital Corp. reported revenue of $4.24 billion, with a revenue growth rate of 64.6%. The company achieved an EPS of $1.09, a net margin of 17.0%, and a return on equity of 8.47%. The next earnings report is expected on July 28, 2026.
Dividend
Rithm Capital offers a dividend rate of $1.00, yielding 10.72%. The dividend payout ratio is 91.74%.
Insider Buying and Selling at Rithm Capital Corp.
On May 26, 2026, several insiders, including Peggy Hwan Hebard, William Dean Addas, Kevin Finnerty, David Saltzman, Patrice Le Melle, and Ranjit Kripalani, purchased shares in Rithm Capital Corp. Each insider acquired between 16,199 and 17,279 shares.
Analysts Set New Price Targets
On June 16, 2026, BTIG maintained its buy rating on Rithm Capital Corp. with a $13 price target. Other firms such as Citizens and RBC Capital also maintained buy ratings with targets of $13.5 and $13, respectively. The consensus among analysts is a strong buy, with a mean target price of $13.65 based on 10 opinions.
About Rithm Capital Corp.
Rithm Capital Corp., based in New York, operates in the real estate sector, specifically as a mortgage REIT. The company focuses on asset management, real estate, and credit, managing a diverse portfolio including single-family rental properties and mortgage servicing rights. Led by CEO Michael B. Nierenberg, Rithm Capital employs around 7,240 people.
Bottom Line
BTIG's reiteration of a buy rating with a $13 target reflects continued confidence in Rithm Capital Corp.'s performance. As a key player in the real estate investment trust sector, Rithm Capital's strong earnings and insider buying activity are noteworthy. Investors should remember that analyst ratings are one of many factors to consider, and 13F filings are historical snapshots of institutional positions.
Source: BTIG's rating change on $RITM (Jun 16, 2026). Written by software, not financial advice. How we make alerts
