Stock Market News3 days This High-Yield REIT Could Make One Move to 2x It’s Share Price Investors Alley
Investors Alley
This High-Yield REIT Could Make One Move to 2x It’s Share Price
When Rithm Capital (RITM) announced its 2024 fourth-quarter results, the CEO, Michael Nierenberg, hinted at changing the company’s capital structure, dropping its REIT status. Let’s look at RITM as a REIT and what a change might mean. In 2022, the company, then called New Residential, acquired its management contract from Fortress Investment Group to become […]
This High-Yield REIT Could Make One Move to 2x It’s Share Price
Tim Plaehn