Is Rithm Capital Corp. (NYSE:RITM) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Rithm Capital Corp. at current levels.
A mortgage REIT quietly morphing into an alternative asset manager, trading at 0.74x book while the market still prices it as yesterday's MSR play.
Where RITM is headed
By the end of 2027, Rithm should no longer be classified the way Bloomberg classifies it today. The mortgage REIT label fits the 2019 version of this company. The 2027 version is an alternative asset manager that happens to own a very large mortgage servicing book, with Sculptor providing the institutional credit platform, Newrez throwing off origination and servicing earnings through whatever rate environment shows up, and a growing pile of fee-related earnings that deserve a different multiple than the one applied to book value today.
Read the full Compass Direction on RITM
The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios (around $9.26).
See the full RITM analysisGet calls like this, free
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Frequently asked questions
Is Rithm Capital Corp. (NYSE:RITM) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Rithm Capital Corp. at current levels. A mortgage REIT quietly morphing into an alternative asset manager, trading at 0.74x book while the market still prices it as yesterday's MSR play.
What is RITM's Compass Score?
Rithm Capital Corp. scores 75/100 on Alexandria's Compass, placing it in the "Favorable" tier. Scores blend eight factors and update weekly.
What is the price target for RITM?
Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the RITM page.
Compass verdicts are AI-generated, forward-looking editorial research from publicly available data, not investment advice or a recommendation regarding any security. Scores and verdicts update as the data changes.