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$RITM mREIT -> Corp. Conversion success chances?
Sell any of these or hold all for the next 40 years?
Major Hedge Funds HF are at it again camouflaged 80% common ownership most gained by also owning only Sr Debt to Exit Ch 11.
Major Hedge Funds HF are at it again camouflaged 80% common ownership most gained by also owning only Sr Debt to Exit Ch 11.
Mentions
Out of $RITM, going full-on defensive: $UTF, $UTG, $BUI, with $ARDC & $PFFA for some extra risk/return. As far as penny stocks go, $BBDO & $AVAL have my attention, both dividend-paying Latin American financial institutions. I’ve been watching for a while so I think I’ll average in over time. Also $AVUV is a small-cap ETF, that’s also just absolutely ripping today, that also pays a little dividend. It’s not a penny stock but it sure beats holding bags of who knows what you jumped into…🤙 I wish I had bought more AVUV but I will not free-base cocaine. I won’t do it!
Just when I got a swing down I went & touched the position & lost money. $RITM is literally frozen but I guess it isn't terrible, just hard to swing...
Why not both? I wanted to own investment real estate but didn’t want to deal with everything that comes with it. So I have shares in a few REITs. For me, it’s owning a piece of something without the hassles of actively managing properties. I have a lot in $RITM, which is paying me a dividend of over 10% annually. It works for me.
Thanks, you too! It’s going to be a long month, just waiting for the first dividend to come (ideally I’d like a monthly one but monthly payers aren’t usually the best stocks, it seems). I’ve tried swinging my one holding, $RITM, daily but I always time it wrong even if I planned it right before the market opens. The fluctuations mess with my mind. Something I read last night sad there are studies about how those who don’t touch anything make out better than those who do, it’s just hard when it’s all I look at all day. I’m curious what your “number” would be, to consider taking the plunge & living off of doing this. I can also share mine; it was definitely a bit unrealistic when I started but with a few all-in YOLO plays I got to a pretty solid amount. FWIW, for anyone who wants to live off of trading, if their situation allows it, I highly recommend living abroad in any number of countries that allow you to live off of much less than in the US. Latin America & Southeast Asia come to mind & have been good to me, the only thing about SEA being that the markets are open overnight & it destroyed my sleep schedule. If only I’d cashed in on $CTM at the top… life would be different. But again, as a minimalist living in a place where the USD exchange rate is pretty favorable, it’s an alright setup.
Done with taxes; it turns out I owe more than I thought, so sold some things to cover it. I'm letting everything ride until my $RITM/PRE dividends come in to try out this new "income" portfolio model. Who knows if I'll even find it in me to risk anymore money on penny stocks, as much as I love them. Gotta protect my capital.
I’ve been rocking out with $RITM recently, swinging it somewhat successfully just to take some profits while still holding the position I want. It’s a little stressful making sure I get back in but I think I’m getting the ticker figured out a bit. If it explodes in the morning it’ll probably sell back down & if it dips it’ll probably come back up. Al’s eyeing these $SLNHP preferred shares for a higher-risk play… What’re the odds that they’ll be able to pay back the dividends or refinance to a lower rate?
I feel you; I’ve been working on talking myself into waiting for a dip to buy, just sitting back & watching things. $EONR is a perfect example of that; I made a little swinging when it was all the hype but was pretty convinced it was coming back down. Now it’s dip city but I wouldn’t touch it over $.60. I also read about the 84% rule, that 84% of the time, if you get stopped out, re-entering at the same price will yield positive results. Keeping that in mind, even if you don’t get stopped out, 84% of the time, it could come back. That also may not apply as much to penny stocks, but it’s been happening to me with $RITM. I’ve been getting shaken up & shaken out, taking out some good swings but then giving the money right back thinking it’ll dip & it keeps going up.
I’ve watched $RMSG all day & yet haven’t been able to buy it; that type of thing scares me. Congrats on whoever’s made gains; remember to take your profits! Meanwhile $RITM is making moves too; don’t sleep on it 🤙
Last chance to get $RITM < $10 🤙 price targets are all a couple dollars higher & you get the fat dividend
In other news, Michael Nierenberg was involved in Bear Stearns when it crashed & is now the CEO of $RITM. Bullish 🤙
*Obligatory “RITM is un-short-able” comment 🤙
Not really a penny stock but a chance to get in on solid growth momentum… Lucid initiated coverage on $RITM with a Buy rating/$12.50 PT. $RITM was just added to popular indexes & institutions are loading up; Blackrock disclosed 12.4% ownership. They’re planning to change from a REIT to a corporation (growth stock). Book value is ~$14. Just under $10/share, it’s paying a ~10% dividend. Their series E & C preferred shares pay solid dividends too without the market swings. Between common & preferred shares, I’ll have passive income & can start trading more responsibly. Just the perspective of someone who does this for a living. Remember to protect your capital! NFA 🤙
[Lucid Capital Markets initiated coverage on Rithm Capital (NYSE:RITM) with a Buy rating & a $12.50 PT.](https://www.investing.com/news/analyst-ratings/lucid-capital-markets-initiates-rithm-capital-stock-with-buy-rating-93CH-4605178)p
I’m telling you, it’s not really a penny but $RITM was just added to popular indexes & institutions are loading up. They’re in the process of changing from a REIT to a corporation which means growth stock. Book value is around $14. Right now it’s paying a dividend too. I also picked up their preferred shares (paying dividends) & will have passive income to play penny stocks if I so desire. NFA 🤙
$RITM 🤙 It’s not a penny stock but a dividend stock that [Blackrock just disclosed owning 6.9M shares of.](https://archive.fast-edgar.com/20260407/AA2HC22MF22242Z2222V22O4DN7JZ222C282/) They bought that whole dip & clearly see something here to include it in all their funds & such. Book value was in the $12-13s as of the last ER. They recently did two transformative acquisitions back in December & this could be an inflection point, moving to the big(ger) leagues. They also have preferred shares that’re paying quarterly dividends, 8.7-9.1% annually. All in the spirit of preserving our capital! Thanks for letting me share!
Again, hardly a penny stock but $RITM is looking good after [Blackrock just disclosed ownership of ~69M shares.](https://archive.fast-edgar.com/20260407/AA2HC22MF22242Z2222V22O4DN7JZ222C282/) Also RIP $AIXI; still holding $ITP, letting it cook 🤙
I can’t say it’s the safest but $CHMI has my interest, in following with my mREIT groove recently; it pays a dividend. I’m already going pretty heavy into $AGNC & $RITM so I may not want to over-expose myself to the industry but it’s worth checking out. Let me know what you think!
I’ve been into mREITs recently as crazy as it sounds. I think they’ve faced a lot of problems in the past few years but are starting to pick back up (& pay solid dividends). I’ve been holding $AGNC, am out of $DX right now for a wash sale. It’s barely a “penny stock” but Blackrock just reported 12.4% ownership of $RITM; follow the money.
I just liquidated some money market positions because the rates went down and loaded up on some SGOV as well as free cash to pick up more RITM and a few of my other Covid darlings.
Just buy RITM in the near term until the AI stuff weeds itself out…
Taking RITM for a ride.
I own 4 stocks and 3 funds. C, ASTS, GOOG, RITM FZILX, FXAIX, SCHD
RITM is seriously slept on
TSLA, PLTR, NBIS, TSSI, NVDA, MAIN, ONE,RITM, Will make you Rich one day
for me, that's VOO(one of if not the lowest expense ratio with average/good dividend for the type of product), and RITM which has had a consistently very high dividend and stable price. though i guess the former is an etf, but that certainly meets the low effort part
$RITM 8.6% yield and most think it is undervalued right now so potential for growth.
VYM's div is barely higher than something more growth-oriented like VOO. For dividends, I primarily invest in REITs, particularly RITM. I dont really have specific advice for you, but that information could be useful to you
I dumped RITM and mbs heavy EFC when this all started and made some money. They're both down now but not as much as I expect. But I also expect the trump induced recession to scythe a large path of carnage across the residential real estate and mbs market. A recession and high interest rates plus high inflation from tariffs will be brutal on that sector of the economy. Looking for some bargains, but not getting into much. Looking for a good ADM competitor as people will still need to eat but the food processing level is mediocre and I already have UL.
Keep in mind that calls are generally at the option of the issuer. RITM-D and NYMTL would be at the top of my list for callable, below par, and high yield.
This is what I am doing SVIX below $10.50. TLT below $87. GTC SPY at $520, $510, $490. REITs for dividends - RITM below $10, NLY below $18.
Liquidity is pretty important. If there is enough volume to provide liquidity for you strategy you should be fine. For example if you're looking at multi-leg strategies it's probably more likely to trade if there is plenty of volume to fill those trades. Having said that I used to trade what is now $RITM when it was $NRZ. It was priced where I could just make money with $0.05 ($5) differences between ticks trading on Robbinhood. I'd walk to get a Starbucks and pay for my drink on the way.
Because they can't reinvest it. I have an investment like that. It's only at 30%/year right now. I bought a stock, RITM, during the COVID crash at like $3.50/share. It's now paying dividends of $1/share annually. So, I'm making 28.5% on my money every year consistently. But I can't put any more money in that investment (not at $3.50, I can buy in at $11/share). That's basically what the Renaissance Medallion fund is like.
My dividend baby has been $RITM I 3x down in k0v1d and I'm sitting at a $6.50 cost with a 10% dripped dividend.
RITM is a mortgage reit. They are normally losers when the market goes down and cannot recover, because they are forced to sell their assets at the lowest points in the market.
If you want similar yields and to diversify a bit, RITM is another reit that is about the same. Also UTF is at about 7 and in a different sector.
No, they are not normal bonds. They are like higher priority stocks that act like bonds in their dividend payouts, and that they usually have a maturity date. Also known as a "call date." At that time or anytime thereafter, the company can call them, and you will get the par value of $25/share, besides all the divs you accumulated in the meantime Some preferreds are "perpetual" and don't have a call date, but most do. Preferreds are safer than the normal stock, because if the company experiences financial trouble, preferred stock holders get paid first. Good preferred stocks don't seem to deviate too much in price. They all begin life at $25/share price (par). If you buy at a higher price, it's called buying at premium. If you buy at lower than 25, it's called buying at discount to par. The good ones generally bounce around between 23-26. My son-in-law says that it can be OK to buy a little over 25 (at premium) depending on some metrics that he knows how to delve into, but I don't. SPNT-B I bought at 25.28, and he said at the time it was a fair price due to other metrics. They buy and sell like normal stocks, wherein you buy immediately at market price, or set a limit price that will trigger a buy when share price gets down to your limit. Some have a rate called "fixed-to-float" which means when it's call date comes, it switches from a fixed yield to a floating one. In the case of RITM-D, the float rate is very generous, with the div being the 5 year treasury rate (which can vary), PLUS 6.223%. Sweet. Unless they call it. [https://www.preferredstockchannel.com/symbol/ritm.prd/](https://www.preferredstockchannel.com/symbol/ritm.prd/) This is a good site for the fine details of various preferred stocks
Hey, so I know my portfolio is messy and super diversified, but I’m just curious if people think I have good positions. Any advice and criticism is welcome. 6 shares in NVDA .3 in SPY 50 in RITM 6 in T 5 SPHD 1 SIEGY 5 PFE 3 KO 2 O And then some smaller positions that I got for free
Decided to play theost bring stock ever....RITM....
Not for the long term IMHO. It would be much better to accept a smaller initial income stream with long term growth. Note that you could supplement this with higher income payers with low growth (say, MO, T, F, KHC, RITM, NNN, and the like); this would increase your initial income stream, and in the out years your dividend growers will spin off larger income streams for you.
If you are wanting to trade I get you. I am more a dividend investor that looks for upside. I like UWMC, RITM for breakup, PM for Zuni and cannabis if we get a decrimilazation.
I've been happy holding RITM. For 9% yield, hard to pass up. Some are straight junk, others.... not too shabby.
I do a 70/30 split on $400 a month. 70% I put in JEPI and VOO. Of that 70% I put 80% in VOO and 20% in JEPI. The other 30% are stocks I personally pick. My main stocks that I picked are citi, Microsoft, MO, kinder Morgan, O, PSTL and RITM. I also buy F any time it hits $9.99 or less per share and sell anytime it hits $11. My pickem stocks have far out performed my VOO & JEPI. Don't get me wrong I'm up on ALL of it but had I put 100% of my money in my pickem stocks I would be a lot more.
RITM pretty good deal right now. I’m close to having a couple hundred plus calls set to expire January 2027
Sell RITM, last of the riets I was in. Maybe put it in KO now that they have zero sugar oreo flavored coke.
buy it and forget about it. but understand most of them lose the share price in the long run. I hold 30K in MFA, RTW and RITM and looking to get rid of it.
Uwmc and RITM. With rates dropping and good dividends I feel pretty good for the next 12 months.
First off, if you are in the accumulation phase, I would think you would want to go for aggressive growth ETF's rather than high yield dividend stocks. That said, take a look at https://finviz.com/. One of the screens is a stock screener that you can screen for stocks that have a "BUY" rating and dividend rate above 9%, that should give you a bunch to look at. Here are a few individual stocks you might want to look: RITM - RITHM CAPITAL CORP @ 8.74%, PMT - PennyMAC Mortgage @ 11.7%, EPD - ENTERPRISE PRODS PARTNERS L P @ 7.46% or JEPQ - JPMorgan Nasdaq Equity Premium Income @ 9.71%. If you are really gutsy look up YMAX @ 39.86 or YMAG @ 36.50.
I go with high yield bonds, duration less than 5 years. For me bonds of higher quality BDCs are the right level of risk and reward. I’ve got bonds from MAIN, BXSL, and HTGC. I’ve also got preferred shares with high reset rates that I think will lead to a call with RITM-D and SPNT-B. The CLO market is interesting, but generally too risky for me. I have EICC as a 2029 term preferred. To round everything out, I have a 20 year TIPS bought at 2.4% real that I keep for the next big recession scare (or actual recession). If that hits 1% real, I’ll sell and buy the dip. There’s bound to be a recession in the next 20 years and if there isn’t, 2.4% real isn’t terrible for no credit risk.
RITM has been such a great buy. Over last month it has gone by 7% and overall I am up 32% in it overall. And it gives 9% dividend. Really solid buy - well not anymore I suppose. KRE has also been great. Paypal not so much but today gave some hope. But tech has been getting hammered lately :/
Looking at VRT, NXP after earning fail, looking to increase NVDA and RIVN positions and perhaps increase my SKWD, RITM positions. If Celsius is low enough by Friday I’ll also buy more major bag holding Celsius lol bought at 54. What about it you friend?? @methgator7
Well that depends. Are other investors expecting interest rates to drop? Have they factored that into their valuation of RITM?
Am I wrong for thinking they'll grow back once the rate starts to drop ? ive been buying RITM lately , and was thinking it could be a great value on the long term
My thought is the Fed is dangling a carrot but is in zero position to cut rates or even know when to cut rates. I guess I’m saying that I would invest as if this was the status quo, not trying to time rate cuts. Finally, since someone brought it up earlier, if you have a favorite REIT that you really like and has done well in the current environment, I’d toss money that way. RITM is my REIT that I toss money into. Steady price. Good dividend. Has room to climb in the coming years…
I love dividend stocks. RITM and ET all day long for growth and high dividends.
RITM for a scalp when it goes back to 11
$AMD at $68 but I bought \~half in on another account around $30 before transferring. I just trimmed since it's more overvalued than NVDA right now and NVDA is actually benefitting from the hype. I bought more on the ride up so $68 was just the average. RITM, bought at about $4.5 or something. Basically 20% yield on cost for the past 3 years running.
Fortress + EJF Capital with 31m common shares take control of Novation Companies Inc. $NOVCQ with Board of Directors with 40M common shares (Barry Igdaloff, Howard Amster who restructured $DX with Fortress + EJF Capital) + MassMutual Barings Jefferies 20m common shares each or 40M & White Mountains Capital $WTM via 2019 EJF investment. Together these people that all know each other have restructured $NOVCQ 3 times yet never once crammed down phony Sr Debt, a ruse used for 3rd restructuring 2nd Ch 11 8/13/23. $NOVCQ has a new 8-member Board of Directors, new name & symbol ready to go upon Softbank’s closing the sale of Fortress back to Fortress Mgt Team - bank rolled by Rajeev Misra (ex-Fortress, ex Vision Fund CEO) of Mubadala Inv Co MIC. The research and evidence suggest they will spin out $NOVCQ Former MREIT as new tax- exempt MREIT aka Novastar Mgt (formerly NYSE $NFI) creating a new dividend/management fee and merge http://healthcare-staffing.com HCS aka http://medmasa.com with Hudson Global $HSON explaining why Igdaloff, Amster’s co-investors including Jeff Eberwein CEO/COB of $HSON and former CEO/COB of $NOVCQ and his group lead by Whitney Tilson have filed massive Form 4s in both $NOVCQ & $HSON. Dreman Value Mgt adds 533,000 shares under dark pools & SEC loop hole Rule 15c(2)11. MREIT will generate dividends plus new management fees for Fortress and/or EJF Capital. Medmasa aka HCS will use $730M NOLs. NOVCQ Board with Fortress and EJF then FBR restructured Dynex Capital $DX into .13/DX common dividend. Fortress restructured MREIT, RITM, SNR & GCI out of Newcastle $NCT now traded Drive Shack $DS which kept 160M NOLs. RITM was NRZ MREIT that paid Fortress over $250M annually in management fees and dividends up to 2022 termination fee of $400M.
RITM should do well with earnings tomorrow
I wouldn't recommend this in any way, but *IF* I were feeling so froggy as to take a leap on a silly adventure like this, I'd at least choose an mREIT with decent management and track record. A STWD or ABR or RITM. And still I don't even know why the choices are HYSA or REIT, but I've never even heard of Ellington and I've been in and out of REITs over a number of years.
Sorry for the silly question, but looking at RITM its not clear to me if you just own the stock or if there is a way to be an investor on their platform. Would you mind sharing some details? $250 dividend sounds real nice
O, VICI, STAG, CTO, and then mREITs STWD, ABR, RITM
CCL is about fairly valued right now, probably okay to sell. Idk about XOM and RITM.
I’d probably ditch CCL WFC BAC RITM KO. Stack VOO and maybe add something like VIG
You likely have losses in your CCL and RITM positions. You can sell to harvest up to $3000 in capital losses per tax year to reduce your taxable income, even if you don't realize any gains elsewhere.
Solid picks. I’d watch that RITM though they have good growth but they’re not profitable. If the markets go down that thing is crashing. But as they pay down there debt they should be good.
RITM about20% for last 2 years., Not much gain but happy with the dividend
Rental property too much hassle just buy a reit like RITM or BRT.
No RITM? Origination in-house, servicing business prints, and still well below book value. Plus pays a sustainable 9% divi
because i make 11-14% from dividends alone on RITM and SACH, and I'm sure other REITs out there have similar. Are you old?
Buy RITM. You will get roughly 5,000 shares that pay $1 in dividends a year. If you reinvest the dividends the returns start to compound. On the other hand, you can take the dividends and invest in other dividend paying companies to make sure you are diversified.
I honestly don't know if there are fees since I just hold the stock and it's not in an actively managed fund, for example. I was also holding SPHD up to today and unloaded due to abysmal performance. I have 1000 shares of RITM at just above a $7 basis, that have paid $250 quarterly. So far, it's the one investment I'm satisfied with.
I am def not an expert, but RITM looks to be real-estate, JEPI has half the top 10 holdings of VOO, and I am not sure what JEPQs deal is. What are fees for these? VOO is essentially a mirror of the S&P 500 (there are def others like it, this happens to be the one I am in) and has minimal fees, like less than 0.1%. Might be worth looking into this and play the long game man, I want you to make $$ with me!!!
Check out RITM stock. It pays over 10% in dividends and took a bit of a dip recently. I went to college and just started at a utility company at 35. Wish I had started sooner like you did.
With the exception of RITM-D and SBBA, these were all bought after interest rates increased. I rotated into corporate high yield because bonds can be bought at a large discount to par. The yield to maturity on the bonds are high. If interest rates decline, the YTM will drop and the performance will exceed the yield. If interest rates don’t decrease the reset yields of RITM-D and CIM-B will be quite high, leading to capital appreciation or a double digit yield. SBBA is a 2025 bond with ~7.5% stripped yield to maturity in 22 months. ASB-E is the gamble. After the SVB regional bank crises, I picked out a preferred share from a regional bank that I thought had minimal chance of going under.
I have $100K at 2% for 6 years. I invested in RITM-D, CIM-B, SBBA, ASB-F, and bonds from Main, BXSL, and HTGC.
Long game for me, RITM and INSW. But they’ve run up too much to buy now.
No. It is overpriced right now (15% over NAV) and somewhat high risk. A better bet are the M, O or P preferred shares for AGNC - they are about 85% of NAV. For a non preferred share mreit look at RC (Ready Capital) and RITM (Rithim) - both have high dividends and are well below their NAVs - so less downside risk on the stock price.
RITM NYMT Both are real estate plays which is iffy with interest rates right now but right are paying over 12 percent
I am gonna ride RITM and SCM. I will know in a few years.
My biggest position is RITM. It’s at a large discount and pays a large dividend while being not too risky.
RITM-D is my favorite. 8.84% current yield. In 3.5 years it resets to the 5 year treasury yield + 6.22%. My opinion is that it’ll get called leading to a 26% capital gain on top of the dividends, if not that’s a great credit spread. WFC-Q is where I stash my short term cash. It floats in September at LIBOR + 3.09 or a fixed rate of 8.94% depending how WFC wants to handle LIBOR going away. On top of it 6% current yield, it trades at a 4% discount. That’s a nice annualized yield to call. If it’s not called, I can ride the short end of the yield curve with an above market rate.