Rithm Capital Corp

Rithm Capital Corp. is a real estate investment trust, which aims to generate long-term value for investors by investing in mortgage related assets, including operating companies, that offer attractive risk-adjusted returns. It operates through the following segments: Origination, Servicing, MSR Related Investments, Residential Securities, Properties and Loans, Consumer Loans, Mortgage Loans Receivables, and Corporate. The Corporate segment includes general and administrative expenses, the management fees and incentive compensation, and corporate cash and related interest income. The company was founded in 2011 and is headquartered in New York, NY.

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Rithm Capital Corp reports solid 2022 performance and eyes growth opportunities

Rithm Capital Corp's Q4 2022 earnings call highlighted strong financial performance, strategic initiatives, and growth prospects. The company's focus on customer retention, exploring new products, and leveraging sub-servicing capabilities positions it for future success. While facing challenges in market conditions and expense management, Rithm is poised to capitalize on opportunities in alternative assets and European investments.

Rithm Capital Corp reports robust Q1 earnings and eyes strategic growth opportunities

Rithm Capital Corp's Q1 2023 earnings call showcased strong financial performance, strategic evolution, and a focus on seizing growth opportunities. Despite challenges in the market, the company's emphasis on capital raising, expansion, and optimizing operations positions it for future success.

Rithm Capital Corp reports strong Q2 earnings and eyes international expansion

Rithm Capital Corp's Q2 2023 performance reflects robust financial results, driven by strategic acquisitions and effective cost management.
While facing challenges like potential supply chain disruptions, the company is well-positioned to leverage opportunities in international markets and innovation.
Investors can be optimistic about Rithm's growth trajectory, supported by strong revenue growth, operational efficiency, and a focus on shareholder value.

Rithm Capital Corp excels in Q3, eyes asset management growth

Rithm Capital Corp reports strong Q3 performance, focusing on alternative asset management and strategic acquisitions. Challenges from high mortgage rates and rising interest rates are being addressed through expense reduction initiatives. Optimism surrounds future growth opportunities and asset management expansion.

Rithm Capital Corp (RITM) excels in asset management growth

Rithm Capital Corp (RITM) showcased strong performance, focusing on strategic transactions and asset management growth.
The company's strengths include a commitment to AUM growth, pursuing acquisitions, and seizing opportunities in real estate.
Challenges include capital allocation decisions, operational adjustments, and efficiency enhancements post-acquisitions.
Opportunities for Rithm include expanding mortgage business, strategic acquisitions, and operational improvements for increased profitability.

Rithm Capital Corp reports robust Q1 performance and eyes growth

Rithm Capital Corp's Q1 2024 earnings call highlighted strong performance, growth plans in alternatives, and a focus on operational excellence. The company's emphasis on stability, strategic growth, and digital transformation positions it well for future opportunities and continued success.

Rithm Capital Corp posts strong Q2 earnings, eyes Fed rate cuts

Rithm Capital Corp and Newrez both delivered strong financial results in Q2 2024, showcasing growth and profitability across their respective businesses.
While facing challenges such as market uncertainties and optimizing shareholder value, the companies are well-positioned to capitalize on opportunities like potential Fed rate cuts.
Investors can find value in Rithm Capital Corp's acquisitions and Newrez's disciplined management, indicating promising prospects for future performance and shareholder returns.

Rithm Capital Corp reports robust Q3 performance and growth strategies

Rithm Capital Corp (RITM) showcased a strong quarter with impressive financial metrics and business performance.
The company's diverse business lines, including lending and asset management, contributed to its success.
While challenges like addressing analyst inquiries exist, Rithm Capital Corp is well-positioned to capitalize on growth opportunities.

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Rithm Capital Corp. engages in the provision of real estate, credit, and financial services. It operates through the following segments: Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable, Asset Management, and Corporate. The Origination and Servicing segment includes residential mortgage loans underlying mortgage servicing right assets as well as those sub-service for third parties. The Corporate segment focuses on general and administrative expenses, corporate cash and related interest income, unsecured senior notes, and related interest expense. The company was founded on September 26, 2011 and is headquartered in New York, NY.

The average of price targets set by Wall Street analysts indicates a potential upside of 36.6% in Rithm (RITM). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Does Rithm (RITM) Have the Potential to Rally 36.57% as Wall Street Analysts Expect?

Rithm Capital reported a solid first-quarter earnings release, highlighting its ability to thrive in "all interest rate environments." RITM has held its March lows robustly, as buyers have not panicked further. However, buying sentiments remain fragile, as the banking crisis has not abated.

Rithm Capital: Undeservedly Priced For A Crisis

Rithm Capital had a solid quarter. Its performance is relatively resilient versus interest rate movements.

Rithm: This Massive Yield Is Safe

Fundamentally, FRC (and other banks, for this matter) are flawed, perhaps fatally so.

This 31% Dividend Is A Disaster

Rithm Capital Corp. (NYSE:RITM ) Q1 2023 Earnings Conference Call May 4, 2023 8:00 AM ET Company Participants Emma Bolla - Associate General Counsel Michael Nierenberg - Chairman, Chief Executive Officer & President Nick Santoro - Chief Financial Officer Conference Call Participants Bose George - KBW Eric Hagen - BTIG Doug Harter - Credit Suisse Giuliano Bologna - Compass Point Henry Coffey - Wedbush Securities Trevor Cranston - JMP Securities Operator Good morning, and welcome to the Rithm Capital First Quarter 2023 Earnings Conference Call. All participants will be in the listen-only mode.

Rithm Capital Corp. (RITM) Q1 2023 Earnings Call Transcript

Rithm (RITM) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.37 per share a year ago.

Rithm (RITM) Q1 Earnings Surpass Estimates

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. Announces First Quarter 2023 Results.

Rithm Capital Corp. Announces First Quarter 2023 Results

Rithm Capital's (RITM) first-quarter results are likely to reflect a significant decrease in net gain on originated residential mortgage loans, held-for-sale.

Rithm Capital (RITM) to Post Q1 Earnings: What to Expect

Rithm Capital is both a mortgage originator and mortgage REIT. Its business has suffered as rising interest rates have sapped demand for mortgages and cut into the value of its mortgage-backed securities.

Why Is Rithm Capital's Dividend So High?

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5 Dividend Yields From 7% To 16%

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp.

Rithm Capital Corp. Schedules First Quarter 2023 Earnings Release and Conference Call

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Extreme Market Failure In The Mortgage REIT Sector

The failure of SVB has created unpredictability with respect to the Fed's interest rate path. Rithm Capital offers a hedge against unexpected interest rate moves as the portfolio is heavily geared towards Mortgage Servicing Rights.

Rithm Capital: Why I Think This 12.5% Yielder Is Now A Fed-Hedge

Rithm Capital Corp. Announces its International Expansion into Europe and Hiring of Marty Migliara to Lead Rithm Europe

Rithm Capital is a high yielding residential focused mREIT which has recently undergone an internalization effort. Some folks may know them as New Residential Investment Corp. where they traded as NRZ.

Rithm Capital: Four Of A Kind 9% Yielding Preferreds

I believe it comes down to a time and money question in which an investor's time horizon constitutes one of the most influential variables in structuring portfolios. Always maintain asset-allocation targets that dovetail with your personal risk tolerances.

Rithm Capital: 13% Super-Charged Yield For Accelerated Income

Investors grew increasingly worried about the fallout from Silicon Valley Bank and Signature Bank, leading to Rithm Capital's stock plummeting nearly 20% from its February highs. mREITs, such as Rithm Capital, are perceived as "second-order, third-order dangers" that could unravel further, given the ongoing banking crisis.

Rithm Capital: Hammered By Silicon Valley Bank's Collapse

Investors need to pay close attention to Rithm Capital (RITM) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Rithm Capital (RITM) Stock?

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12% To 16% Dividend Yields At 17% To 64% Below Book Value

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that its Board of Directors (the “Board”) has declared first quarter 2023 common and preferred stock dividends.

Rithm Capital Corp. Declares First Quarter 2023 Common and Preferred Dividends

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Rithm's Series D preferreds come with a $1.75 annual coupon which currently forms an 8.27% yield on cost. The commons come with a dividend yield that's 223 basis points higher at 10.5%.

Rithm Capital: Dancing To The Beats Of The Preferreds

Rithm Capital covered its dividend with distributable earnings in the December quarter. The mortgage trust is hedged against a variety of interest rate environments.

News for Rithm Capital Corp Stock (RITM)