Rithm Capital Corp (RITM)

Rithm Capital Corp (RITM-N) has garnered mixed reviews from analysts, with the majority focusing on its transition from a Real Estate Investment Trust (REIT) to a diversified asset management company. One analyst highlights the company's substantial recurring revenue from asset management, noting that it trades at a significant discount to its book value and offers a dividend yield around 10%. Another expert underscores the company's transformative strategy and suggests a rise in its price-to-earnings (PE) ratio upon completion of the shift, predicting shares could double in value within a couple of years. However, a dissenting view points out the lack of transparency regarding the company's assets, labeling it as a risky investment. Overall, there's optimism about Rithm's future performance amidst concerns over its current risk profile.