Rithm Property Trust (NYSE:RPT) Rating Increased to Sell at Wall Street Zen

Wall Street Zen upgraded shares of Rithm Property Trust (NYSE:RPT) from a strong sell rating to a sell rating in a research note released on Friday morning.

Separately, Weiss Ratings initiated coverage on shares of Rithm Property Trust in a research report on Wednesday, April 8th. They set a “sell (d)” rating for the company. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

Rithm Property Trust Price Performance

NYSE RPT opened at $14.52 on Friday. Rithm Property Trust has a 12-month low of $12.88 and a 12-month high of $18.12. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.94.

About Rithm Property Trust

Rithm Property Trust Inc is a real estate investment trust (REIT) externally managed by an affiliate of Rithm Capital Corp. (Rithm). The company focuses on commercial real estate-focused investment, including originating, acquiring and managing portfolios of CMBS, commercial real property, commercial mortgage loans and other CRE investments. It has two reportable operating segments: Residential and Commercial. The majority of the company’s revenue is derived from the Residential segment, which is focused on managing a portfolio that includes residential mortgage assets, including whole mortgage loans, RMBS and beneficial interests.