- Rithm Property Trust maintains a robust 8.45% forward yield with its steady dividend.
- Analysts project a potential significant upside for RPT, with price targets reflecting an increase of over 111%.
- The stock enjoys a consensus "Outperform" status from leading brokerage firms.
Rithm Property Trust (RPT, Financial) continues to attract income-focused investors by sustaining its quarterly dividend at $0.06 per share. This generous payout translates into an impressive forward yield of 8.45%, payable to shareholders on record as of May 15. Investors can look forward to receiving their dividends on May 30.
Wall Street Analysts' Price Target Projections
Rithm Property Trust (RPT, Financial) is poised for noteworthy growth, according to Wall Street’s one-year price target forecasts. With an average target price of $6.00, all analysts agree on a high and low estimate pointing to the same value. This outlook suggests a substantial 111.27% upside from its current trading price of $2.84. For a deeper dive into these projections, visit the Rithm Property Trust Inc (RPT) Forecast page.
Brokerage Firm Recommendations
Consensus from two established brokerage firms places Rithm Property Trust Inc (RPT, Financial) at an average brokerage recommendation of 2.5, indicating an "Outperform" status. This rating is part of a scale where 1 represents a "Strong Buy" and 5 a "Sell," signaling a positive sentiment among analysts about RPT’s performance.
Investors should consider these insights and metrics when evaluating Rithm Property Trust as a potential opportunity for portfolio growth and income generation.
