Rithm Capital Corp. (RITM) Among the Most Undervalued REIT Stocks to Invest In Now
From Yahoo Finance: 2025-03-29 18:12:00
- Sales of previously owned homes in February increased 4.2%, with a 17% rise in inventory year-over-year. The median home price was 3.8% higher than last year, driven by tight supply. Lawrence Yun predicts lower mortgage rates if inflation decreases. The Federal Reserve holds interest rates steady amidst trade uncertainties.
- Logan Mohtashami believes lower mortgage rates can counter tariffs. Builder sentiment increases with lower rates, despite recent falls due to tariff stresses on profit margins. The cure for tariffs lies in lower mortgage rates, encouraging new home sales and builder growth.
- Rithm Capital Corp. (NYSE:RITM) is a diversified asset manager focused on real estate and financial services, with a forward P/E of 5.79. The firm owns and manages various real estate and lending entities, closing 2024 with strong earnings. RITM ranks 2nd in undervalued REIT stocks, offering promising returns.
- Rithm Capital Corp. (NYSE:RITM) leverages vertically integrated operating companies for strong asset management. Genesis Capital and Newrez performed well in 2024, with high origination volumes and servicing totals. While RITM shows investment potential, deeply undervalued AI stocks may offer higher returns in a shorter timeframe.
- Insider Monkey published a list of the 10 most undervalued REIT stocks to invest in now, with Rithm Capital Corp. (NYSE:RITM) ranking 2nd. The firm’s diverse portfolio and strong performance make it an attractive investment option. For more details, check out Insider Monkey’s report on the cheapest AI stock.
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