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Rithm CapitalNYSE: RITM

Profile

Industry:

Mortgage

Country:

United States

IPO:

02 May 2013

Next earnings report:

07 February 2025

Last dividends:

01 October 2024

Next dividends:

N/A
$5.62 B
-4%vs. 3y high
77%vs. sector
-36%vs. 3y high
17%vs. sector
-12%vs. 3y high
34%vs. sector
-7%vs. 3y high
34%vs. sector

Price

after hours | 5 min ago
$10.81+$0.06(+0.56%)
$479.29 M$1.18 B
$479.29 M$121.74 M

Analysts recommendations

Institutional Ownership

RITM Latest News

Rithm Capital Up 3.3% Since Q3 Earnings Beat on Interest Income Growth
zacks.com12 November 2024 Sentiment: POSITIVE

RITM's third-quarter 2024 interest income jumps 19.1% year over year.

Rithm Capital and Newrez Pledge Support to Disaster Relief Efforts in Wake of Hurricanes Helene and Milton
businesswire.com04 November 2024 Sentiment: POSITIVE

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE: RITM, “Rithm Capital” or “Rithm”), a leading alternative asset manager, pledged a commitment of $500,000 to support disaster response efforts in the devastating wake of Hurricanes Helene and Milton through its wholly owned subsidiary Newrez LLC (“Newrez”), a leading mortgage lender and servicer. Funding will directly support Habitat for Humanity and the Newrez Employee Emergency and Disaster (NEED) Fund. “Our thoughts are with all those whos.

Compared to Estimates, Rithm (RITM) Q3 Earnings: A Look at Key Metrics
zacks.com29 October 2024 Sentiment: POSITIVE

While the top- and bottom-line numbers for Rithm (RITM) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Rithm Capital Corp. (RITM) Q3 2024 Earnings Call Transcript
seekingalpha.com29 October 2024 Sentiment: NEUTRAL

Rithm Capital Corp. (NYSE:RITM ) Q3 2024 Earnings Conference Call October 29, 2024 8:00 AM ET Company Participants Emma Bolla - Associate General Counsel Michael Nierenberg - Chairman, Chief Executive Officer and President Baron Silverstein - President, Newrez Conference Call Participants Bose George - KBW Stephen Laws - Raymond James Eric Hagen - BTIG Kenneth Lee - RBC Capital Markets Crispin Love - Piper Sandler Jason Weaver - Jones Trading Trevor Cranston - Citizens JMP Operator Good day and welcome to the Rithm Capital Third Quarter 2024 Earnings Conference Call. All participants are in listen-only mode.

Rithm (RITM) Q3 Earnings Surpass Estimates
zacks.com29 October 2024 Sentiment: POSITIVE

Rithm (RITM) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.58 per share a year ago.

Here's How Rithm Capital Can Afford Its 9.5% Dividend Yield
fool.com28 October 2024 Sentiment: POSITIVE

Some might call it a mortgage REIT, but there's much more to this expanding finance business.

Can Rithm Capital Navigate Lower Servicing Revenues in Q3 Earnings?
zacks.com24 October 2024 Sentiment: NEUTRAL

RITM's third-quarter earnings are likely to have been affected by higher expenses and lower asset management revenues.

CORRECTING and REPLACING Rithm Capital Corp. Declares Third Quarter 2024 Common and Preferred Dividends
businesswire.com07 October 2024 Sentiment: POSITIVE

NEW YORK--(BUSINESS WIRE)--Please replace the release dated September 20, 2024 with the following corrected version due to revisions to the Series A and Series B Cumulative Redeemable Preferred Stock dividend amounts. The updated release reads: RITHM CAPITAL CORP. DECLARES THIRD QUARTER 2024 COMMON AND PREFERRED DIVIDENDS Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that its Board of Directors (the “Board”) has declared third quarter 2024 common and preferre.

Rithm Capital: You Can Get A 9% Yield Again
seekingalpha.com30 September 2024 Sentiment: POSITIVE

Rithm Capital's stock dropped 5% after a secondary offering, presenting a buying opportunity due to strong dividend metrics and business growth. The central bank's recent interest rate cut supports investing in Rithm Capital, which benefits from a diversified mortgage investment portfolio. Despite the stock dilution, RITM's 9% dividend yield and 9% discount to book value make it a compelling investment for passive income investors.

Genesis Capital Closes Its Second Rated Residential Transitional Loan Securitization
businesswire.com25 September 2024 Sentiment: POSITIVE

NEW YORK--(BUSINESS WIRE)--Genesis Capital LLC (“Genesis”), a Rithm Capital (NYSE: RITM) company and a leading business purpose lender providing innovative financing solutions to professional real estate developers for new acquisition, renovation, ground-up construction, and long-term rental hold projects across the residential spectrum, today announced it has successfully closed NRMLT 2024-RTL2, a $450 million rated securitization backed by residential transitional loans (“RTLs”). As the secon.

What type of business is Rithm Capital?

Rithm Capital Corp. operates as an asset manager focused on real estate, credit, and financial services. It operates through Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable, and Asset Management segments. Its investment portfolio primarily comprises of mortgage servicing rights (MSR), and MSR financing receivables, title, appraisal and property preservation, excess MSRs, and services advance investments; real estate securities, call rights, SFR properties, and residential mortgage loans; consumer and business purpose loans; and asset management related investments. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as New Residential Investment Corp. and changed its name to Rithm Capital Corp. in August 2022. Rithm Capital Corp. was incorporated in 2011 and is based in New York, New York.

What sector is Rithm Capital in?

Rithm Capital is in the Real Estate sector

What industry is Rithm Capital in?

Rithm Capital is in the Mortgage industry

What country is Rithm Capital from?

Rithm Capital is headquartered in United States

When did Rithm Capital go public?

Rithm Capital initial public offering (IPO) was on 02 May 2013

What is Rithm Capital website?

https://www.rithmcap.com

Is Rithm Capital in the S&P 500?

No, Rithm Capital is not included in the S&P 500 index

Is Rithm Capital in the NASDAQ 100?

No, Rithm Capital is not included in the NASDAQ 100 index

Is Rithm Capital in the Dow Jones?

No, Rithm Capital is not included in the Dow Jones index

When was Rithm Capital the previous earnings report?

No data

When does Rithm Capital earnings report?

The next expected earnings date for Rithm Capital is 07 February 2025