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

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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.

Rithm Capital's (RITM) fourth-quarter results are likely to reflect increased net gain on originated residential mortgage loans.

Can Interest Income Drive Rithm Capital's (RITM) Q4 Earnings?

Beyond analysts' top -and-bottom-line estimates for Rithm (RITM), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.

Rithm (RITM) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

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These fat dividends benefited from floating in one way or another. Many of them are more than 10%. Some shares start floating in 2024 or early 2025. Those shares aren't showing their floating yield yet, even though they will kick in soon. We also need to look at the change in valuations for some better companies.

How Floating Rate Shares Could Earn Over 10%

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that it will release its fourth quarter and full year 2023 financial results for the period ended December 31, 2023 on Wednesday, February 7, 2024 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on Wednesday, February 7, 2024 at 8:00 A.M. Eastern Time. A copy of the earnings release will be posted to the Investors – News section of.

Rithm Capital Corp. Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) today announced the tax treatment of its common and preferred stock dividends deemed taxable in 2023. Common Stock Dividends During 2023, taxable dividends for Rithm Capital's common stock (CUSIP #64828T201) were approximately $1.25000 per share. The following table summarizes the tax treatment for common stock distributions.   Record Pay   Ordinary Qualified Section 199A Long-Term Return of     Date Da.

Rithm Capital Corp. Announces Treatment of 2023 Taxable Dividends

Rithm (RITM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

All You Need to Know About Rithm (RITM) Rating Upgrade to Buy

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Long-Term Commitment Coincides with Planned Repositioning into World Class Life Sciences Facility NEW YORK and MORRISTOWN, N.J., Jan. 16, 2024 /PRNewswire/ -- David Werner Real Estate Investments (DWREI) today announced the signing of a long-term lease extension with Dow, a global materials science company, at its life sciences and office campus in Collegeville, Pa.

David Werner Real Estate Investments Secures Long-term Lease Extension with Dow at Collegeville, Pennsylvania Life Sciences Campus

Rithm Capital is currently paying out a 9.5% dividend yield that's 160% covered by earnings available for distribution. The mREIT is also trading at a 15% discount to book value at the end of its most recent quarter. Growth of AUM is going to be dramatic with RITM set to announce another acquisition after closing its deal to buy Sculptor.

Rithm Capital: I'm Buying The Commons, Preferreds Look Good

Rithm Capital continues its strategic pivot toward asset management. It offers a high-dividend yield that is sustainable over the medium to long term. Its valuation is also attractive, making it a good income play.

Rithm Capital: Recent Acquisitions Support Its High-Dividend Yield

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Investing $125,000 in These 4 High-Yield Dividend Stocks Could Add $10,000 in Passive Income to Your Portfolio in 2024

This article compares RITM's recent dividend per share rates, yield percentages, and several dividend sustainability metrics to 19 mREIT peers. This includes an analysis of RITM's quarterly core earnings/earnings available for distribution (“EAD”), which directly impacts the company's dividend sustainability. This article also projects RITM's dividend sustainability for Q1 - Q2 2024.

Rithm Capital's Sector Comparative Analysis - Part 2 (Includes Q1 2024 + Q2 2024 Dividend Projection)

Some agency mortgage REITs have high price-to-trailing-book ratios, while others do not. Q4 2023 has been a favorable quarter for the sector, with MBS outperforming Treasuries and swaps. One in particular has a high price-to-book ratio. The price-to-current-book isn't nearly as bad, but it is still materially higher than peers.

Rates Plunge, High Yields At Risk

Rithm Capital's (RITM) asset management business expansion has tremendous growth potential ahead.

Here's Why You Should Retain Rithm Capital (RITM) Stock for Now

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 fourth quarter 2023 common and preferred stock dividends. Common Stock Dividend The Board declared a dividend of $0.25 per share of common stock for the fourth quarter 2023. The fourth quarter common stock dividend is payable on January 26, 2024 to shareholders of record on December 29, 2023. Preferred Stock Dividends In accordance w.

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

Interest rates have plunged since October 19th, 2023, which is significant for REITs. Some mortgage REITs have seen gains in book value due to a mix of interest rates and spreads. Blackstone Mortgage Trust was attacked by a bear.

Rates Plunge, REITs Rip, Bears Attack

Ares Capital has delivered market-beating total returns but remains attractively valued. Two midstream energy stocks, Energy Transfer and Enterprise Products Partners, offer high yields and trade at a discount.

These Ultra-High-Yield Dividend Stocks Are Bargain Buys Right Now

Rithm Capital Corp. offers a dividend yield of 10% and is trading at an inexpensive valuation. The company has evolved its business model and is expanding into asset management, which has significant growth potential. Rithm Capital reported strong financial performance, beating expectations on both revenue and earnings, and analysts have raised profit estimates for the current year.

Rithm: Massive Gains And This 10%-Yielder Is Still Cheap

Part 1 of this article compares RITM's recent investment composition, leverage, hedging coverage ratio, quarterly BV, economic return (loss), and current valuation to 19 mREIT peers. Due to what has occurred during the fourth quarter of 2023 (fluctuating rates/yields), understanding the composition of RITM's MSR/investment and derivatives portfolio is crucial in understanding current/future performance. My current RITM BV projection and updated price target is in the “Conclusions Drawn” section. RITM is currently deemed undervalued (buy recommendation).

Rithm Capital's Sector Comparative Analysis - Part 1 (Includes Recommendation For 19 Peers As Of 12/1/2023)

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Despite big yields, these shares are still cheap. Fat dividends that grow with short-term rates are a nice hedge. The yields are between 9% and 9.5% today, but they are due for a big dividend increase starting in March 2024. Bigger dividends should increase valuation.

13% Dividend Yield And 12% Upside

Rithm Capital trades at an 18% discount to book value, but offers a solid 10% yield supported by earnings available for distribution. The mortgage REIT is well-diversified, investing in various mortgage instruments, including residential loans, mortgage servicing rights, rentals, and commercial real estate. Rithm Capital has significant excess dividend coverage, with an EAD/dividend ratio of 232% in Q3'23 and 207% in the first nine months of the year.

Rithm Capital: A Magnificent, Bargain-Priced 10% Yield

News for Rithm Capital Corp Stock (RITM)