Revisiting Three Rithm Capital PFDs: C Keeps The Buy Rating - With A Caveat
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Retired InvestorInvesting GroupFollow5ShareSavePlay(8min)Comment(1)SummaryRithm Capital Corp. preferreds are compared, with Series C retaining a Buy rating, but Series F also merits consideration.RITM.PR.C offers a 9.4% yield and is attractive below Par, balancing yield and call risk for long-term investors.The recent acquisition of Paramount Group expands RITM’s commercial real estate platform and supports future growth ambitions.Investors seeking call protection may prefer RITM.PR.F, while those prioritizing yield and price advantage may opt for RITM.PR.C.Looking for more investing ideas like this one? Get them exclusively at iREIT®+HOYA Capital. Learn More » fcafotodigital/iStock via Getty Images Introduction Since the summer of 2024, I have reviewed many of the six preferred stocks offered by Rithm Capital Corp. (RITM), with my Buy rating changing each time. A link to each article is providedThis article was written byRetired Investor9.22K FollowersFollowRetired Investor has been investing since the 1980s and has a background in data analysis and pension fund management. He writes articles to help others prepare for retirement by investing in CEFs, ETFs, BDCs, and REITs. He is a long only investor and shares strategies for trading options with a focus on cash-secured-puts. He is a contributing author to the investing group iREIT®+HOYA CapitalThe group helps investors achieve dependable monthly income, portfolio diversification, and inflation hedging. It provides investment research on REITs, ETFs, closed-end funds, preferreds, and dividend champions across asset classes. It offers income-focused portfolios targeting dividend yields up to 10%.Learn more.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.