Rithm Property Trust (RPT)
Market Price (12/18/2025): $2.975 | Market Cap: $135.1 MilSector: Financials | Industry: Mortgage REITs
Rithm Property Trust (RPT)
Market Price (12/18/2025): $2.975Market Cap: $135.1 MilSector: FinancialsIndustry: Mortgage REITs
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -53% | Trading close to highsDist 52W High is -3.3% | Expensive valuation multiplesP/SPrice/Sales ratio is 45x, P/EPrice/Earnings or Price/(Net Income) is 100x |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 103% | Weak multi-year price returns2Y Excs Rtn is -72%, 3Y Excs Rtn is -115% | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -266% |
| Low stock price volatilityVol 12M is 38% | Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -391%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -391% | |
| Megatrend and thematic driversMegatrends include Sustainable & Green Buildings, Smart Buildings & Proptech, and Experience Economy & Premiumization. Themes include ESG REITs, Show more. | Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.2% | |
| Key risksRPT key risks include [1] major execution risk in its new commercial real estate strategy, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -53% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 103% |
| Low stock price volatilityVol 12M is 38% |
| Megatrend and thematic driversMegatrends include Sustainable & Green Buildings, Smart Buildings & Proptech, and Experience Economy & Premiumization. Themes include ESG REITs, Show more. |
| Trading close to highsDist 52W High is -3.3% |
| Weak multi-year price returns2Y Excs Rtn is -72%, 3Y Excs Rtn is -115% |
| Expensive valuation multiplesP/SPrice/Sales ratio is 45x, P/EPrice/Earnings or Price/(Net Income) is 100x |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -266% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -391%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -391% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.2% |
| Key risksRPT key risks include [1] major execution risk in its new commercial real estate strategy, Show more. |
Valuation, Metrics & Events
RPT Stock
Why The Stock Moved
Qualitative Assessment
AI Generated Analysis | Feedback
Here are the key points for why Rithm Property Trust (RPT) stock moved by 18.8% for the approximate time period from August 31, 2025, to December 18, 2025:
1. Improved Third Quarter 2025 Earnings Performance. The company's announcement of its third quarter 2025 results on October 31, 2025, showed a loss of US$0.034 per share, which was an improvement compared to a US$0.18 loss in the third quarter of 2024. This indicated a positive trend in financial performance and likely boosted investor confidence.
2. Positive Analyst Rating and Price Target. Lucid Capital Markets initiated a "Buy" rating for Rithm Property Trust with a price target of $3.00 per share on September 9, 2025. This positive analyst sentiment and an increased price target likely contributed to an upward movement in the stock.
Stock Movement Drivers
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| RPT Return | -20% | 34% | -38% | -17% | -39% | 6% | -65% |
| Peers Return | -4% | 21% | -21% | 18% | 2% | 12% | 23% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 14% | 108% |
Monthly Win Rates [3] | |||||||
| RPT Win Rate | 50% | 58% | 33% | 50% | 25% | 58% | |
| Peers Win Rate | 63% | 58% | 50% | 52% | 60% | 55% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| RPT Max Drawdown | -70% | -6% | -39% | -37% | -43% | -17% | |
| Peers Max Drawdown | -60% | -4% | -34% | -19% | -12% | -10% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: NLY, AGNC, STWD, BXMT, ABR.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/17/2025 (YTD)
How Low Can It Go
| Event | RPT | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -71.8% | -25.4% |
| % Gain to Breakeven | 254.3% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -73.2% | -33.9% |
| % Gain to Breakeven | 273.2% | 51.3% |
| Time to Breakeven | Not Fully Recovered days | 148 days |
| 2018 Correction | ||
| % Loss | -16.3% | -19.8% |
| % Gain to Breakeven | 19.5% | 24.7% |
| Time to Breakeven | 108 days | 120 days |
Compare to DX, IVR, RC, LOAN, NLY
In The Past
Rithm Property Trust's stock fell -71.8% during the 2022 Inflation Shock from a high on 11/5/2021. A -71.8% loss requires a 254.3% gain to breakeven.
Preserve Wealth
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Asset Allocation
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Latest Trefis Analyses
| Title | Topic | |
|---|---|---|
| DASHBOARDS | ||
| How Low Can Rithm Property Trust Stock Really Go? | Return |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select past ideas related to RPT. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | WU | Western Union | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 14.6% | 14.6% | -0.4% |
| 11212025 | COIN | Coinbase Global | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 1.6% | 1.6% | 0.0% |
| 11142025 | PYPL | PayPal | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -4.2% | -4.2% | -7.5% |
| 11142025 | V | Visa | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 4.4% | 4.4% | -2.7% |
| 11072025 | WD | Walker & Dunlop | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -10.5% | -10.5% | -11.0% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | WU | Western Union | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 14.6% | 14.6% | -0.4% |
| 11212025 | COIN | Coinbase Global | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 1.6% | 1.6% | 0.0% |
| 11142025 | PYPL | PayPal | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -4.2% | -4.2% | -7.5% |
| 11142025 | V | Visa | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 4.4% | 4.4% | -2.7% |
| 11072025 | WD | Walker & Dunlop | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -10.5% | -10.5% | -11.0% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Rithm Property Trust
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 14.47 |
| Mkt Cap | 5.2 |
| Rev LTM | 645 |
| Op Inc LTM | - |
| FCF LTM | 520 |
| FCF 3Y Avg | 334 |
| CFO LTM | 520 |
| CFO 3Y Avg | 355 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -12.8% |
| Rev Chg 3Y Avg | -3.8% |
| Rev Chg Q | 71.7% |
| QoQ Delta Rev Chg LTM | 43.2% |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 73.2% |
| CFO/Rev 3Y Avg | 51.7% |
| FCF/Rev LTM | 73.2% |
| FCF/Rev 3Y Avg | 49.3% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 5.2 |
| P/S | 8.4 |
| P/EBIT | - |
| P/E | 15.7 |
| P/CFO | 7.2 |
| Total Yield | 12.5% |
| Dividend Yield | 4.7% |
| FCF Yield 3Y Avg | 10.6% |
| D/E | 2.8 |
| Net D/E | 2.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 4.7% |
| 3M Rtn | 5.9% |
| 6M Rtn | 13.7% |
| 12M Rtn | 17.1% |
| 3Y Rtn | 28.9% |
| 1M Excs Rtn | 4.0% |
| 3M Excs Rtn | 5.7% |
| 6M Excs Rtn | 1.3% |
| 12M Excs Rtn | 1.7% |
| 3Y Excs Rtn | -47.3% |
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/31/2025 | 8.1% | -2.4% | 7.8% |
| 7/24/2025 | 0.0% | -2.6% | -0.4% |
| 4/28/2025 | 0.0% | 3.2% | -2.1% |
| 1/30/2025 | 7.7% | 9.8% | 17.6% |
| 10/21/2024 | 0.0% | 0.0% | -5.6% |
| 7/24/2024 | -9.4% | -12.7% | -11.0% |
| 2/27/2024 | -4.7% | -6.5% | -13.2% |
| 11/2/2023 | 3.5% | 0.7% | 15.0% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 12 | 11 | 9 |
| # Negative | 8 | 9 | 11 |
| Median Positive | 3.3% | 3.3% | 7.8% |
| Median Negative | -4.3% | -2.6% | -8.3% |
| Max Positive | 8.1% | 16.7% | 33.6% |
| Max Negative | -9.4% | -14.1% | -60.8% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11042025 | 10-Q 9/30/2025 |
| 6302025 | 7312025 | 10-Q 6/30/2025 |
| 3312025 | 5022025 | 10-Q 3/31/2025 |
| 12312024 | 2182025 | 10-K 12/31/2024 |
| 9302024 | 11012024 | 10-Q 9/30/2024 |
| 6302024 | 8022024 | 10-Q 6/30/2024 |
| 3312024 | 5032024 | 10-Q 3/31/2024 |
| 12312023 | 2282024 | 10-K 12/31/2023 |
| 9302023 | 11032023 | 10-Q 9/30/2023 |
| 6302023 | 8042023 | 10-Q 6/30/2023 |
| 3312023 | 5052023 | 10-Q 3/31/2023 |
| 12312022 | 3032023 | 10-K 12/31/2022 |
| 9302022 | 11042022 | 10-Q 9/30/2022 |
| 6302022 | 8052022 | 10-Q 6/30/2022 |
| 3312022 | 5062022 | 10-Q 3/31/2022 |
| 12312021 | 3042022 | 10-K 12/31/2021 |
Insider Activity
Expand for More| Owner | Title | Filing Date | Action | Price | Shares | TransactedValue | Value ofHeld Shares | Form | |
|---|---|---|---|---|---|---|---|---|---|
| 0 | Rithm Capital Corp. | 3212025 | Buy | 25.00 | 400,000 | 10,000,000 | 10,000,000 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |