Rithm Capital (RITM) News
Market Cap: $5.91B
Avg Volume: 4.06M
Industry: REIT - Mortgage
Sector: Real Estate
Rithm Capital's Sector Comparative Analysis - Part 2 (Includes Q2 + Q3 2025 Dividend Projection)
This article compares RITM's recent dividend per share rates, yield percentages, and several dividend sustainability metrics to 17 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 Q2 – Q3 2025.
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Wall Street Analysts See Rithm (RITM) as a Buy: Should You Invest?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
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Let's Talk Mortgage REITs (But Not For Too Long)
A bunch of mortgage REITs were severely overvalued. Now they are less overvalued. But some others are actually bargains. Tons of charts because images are fun. Ellington Financial's higher price-to-book ratio may be due to lower volatility in the total economic return by period. Digital Realty Trust deserves to be mocked. I am reporting for duty!
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Rithm Capital Reaches Milestone With Record MSR-Backed Debt Issuance
RITM has closed 17 MSR-backed deals worth more than $7.7 billion since 2015.
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KBRA Assigns Preliminary Ratings to New Residential Mortgage Loan Trust 2025-NQM2 (NRMLT 2025-NQM2)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 8 classes of mortgage-backed notes from New Residential Mortgage Loan Trust 2025-NQM2 (NRMLT 2025-NQM2), a $325.7 million non-prime RMBS transaction sponsored by Rithm Capital Corp. (formerly New Residential Investment Corp.), a publicly traded (NYSE: RITM) real estate investment trust (REIT). The underlying mortgages in the subject pool were originated by Champions Funding, LLC (43.5%) and NewRez LLC (41.5%). In addition, all loans.
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Rithm Capital Announces Close of Largest Ever Mortgage Servicing Rights Debt Issuance, NZES 2025-FHT1
NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE: RITM, “Rithm Capital,” “Rithm” or the “Company”) today announced it has successfully closed NZES 2025-FHT1, an $878 million mortgage servicing rights (MSR) backed securitized note. The single-tranche transaction is the largest MSR debt issuance ever, marking a significant milestone in the evolution of MSR-backed financing structures. The market's second-ever non-recourse MSR securitization, NZES 2025-FHT1 provides fixed financing over the te.
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Rithm Capital Corp. Declares First Quarter 2025 Common and Preferred Dividends
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 2025 common and preferred stock dividends. Common Stock Dividend The Board declared a dividend of $0.25 per share of common stock for the first quarter 2025. The first quarter common stock dividend is payable on April 30, 2025, to shareholders of record on March 31, 2025. Preferred Stock Dividends In accordance with the.
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Rithm (RITM) Ascends But Remains Behind Market: Some Facts to Note
Rithm (RITM) closed the most recent trading day at $11.82, moving +0.94% from the previous trading session.
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15% Yields Want To Mug Your Dividends
Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture some gains in this sector.
seekingalpha.com
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Rithm Capital's Updated Sector Comparative Analysis - Part 1 (Includes Recommendation For 17 Peers As Of 3/14/2025)
Part 1 of this article compares RITM's recent investment composition, leverage, hedging coverage ratio, quarterly BV, economic return (loss), and current valuation to 17 mREIT peers. Due to what has occurred during Q1 2025 (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 appropriately valued (hold recommendation).
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Why the Market Dipped But Rithm (RITM) Gained Today
Rithm (RITM) closed the most recent trading day at $11.53, moving +0.09% from the previous trading session.
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Rithm (RITM) Rises Higher Than Market: Key Facts
Rithm (RITM) closed the most recent trading day at $11.82, moving +1.81% from the previous trading session.
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Rithm Capital: An Exceptional High-Yield Play
Rithm Capital reported strong Q4 earnings, driven by strong servicing and asset management revenue. The REIT's diversified portfolio, including MSRs and residential mortgage loans, contributed to a 2.4X dividend coverage ratio, making it an exceptional high-yield play. Valued at a P/B ratio of 0.97X, Rithm Capital offers an attractive investment opportunity.
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Rithm Capital Has 4 Preferreds: B Is My Pick Now
Rithm Capital Corporation is an mREIT with recent Buy and Strong Buy ratings, focusing on diverse real estate and financial services investments. Preferred stock options include Rithm Capital Corp. 7.50% PFD SER A, 7.125 SR B PFD, 6.375 PFD SER C, and 7% RT REST PFD D. This article briefly reviews the Issuer and then compares the four preferred stocks available, one of which is currently experiencing a partial call.
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Dividend Harvesting Portfolio Week 208: $20,800 Allocated, $2,017.65 In Projected Dividends
Despite market volatility and economic concerns, my Dividend Harvesting Portfolio only declined by 0.79%, showcasing the effectiveness of my diversification strategy. I focused on undervalued REITs like VICI Properties, NNN REIT, and Rithm Capital, which I believe offer strong long-term growth and stability. The portfolio generated $20.49 in dividend income this week, increasing the forward projected annualized dividend income to $2,017.65.
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Rithm Capital Corp. Class A: When Preferred Shares Actually Get Called
Rithm Capital Corp. is redeeming 32% of its Series A preferred shares, reducing risk and creating a defined maturity profile for these securities. The Series A shares, initially issued in 2019, will now have a shorter duration, estimated between 1 and 2 years, with appealing yields to maturity. The redemption indicates Rithm's strategy to retire expensive capital, making the remaining Series A shares a low-risk, high-yield investment.
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Rithm Capital: This Ultra-Safe 8% Yield Is Still On Sale
Rithm Capital: This Ultra-Safe 8% Yield Is Still On Sale
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Rithm Capital: Discount To Book, Yielding Over 8% And Could Appreciate With Rate Cuts
Rithm Capital Corp. is trading at a discount to book value, offering a strong dividend yield of over 8%, with potential for future increases. RITM's diversified portfolio, including residential mortgages, construction loans, and asset management, positions it well for growth in a lower-rate environment. Despite risks from fluctuating interest rates and credit spreads, RITM's strategic capital deployment and profitability make it a compelling long-term investment.
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Rithm Capital Q4 Earnings Beat on Robust Net Servicing Revenue
RITM's fourth-quarter results benefit from improved net servicing revenue and interest income. High expenses partially offset the positives.
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Stubbornly High Mortgage Rates Benefit This 8.5% Dividend Stock
Have you refinanced your house recently?
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Compared to Estimates, Rithm (RITM) Q4 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Rithm (RITM) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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Rithm Capital Corp. (RITM) Q4 2024 Earnings Call Transcript
Rithm Capital Corp. (NYSE:RITM ) Q4 2024 Earnings Conference Call February 6, 2025 8:00 AM ET Company Participants Emma Bolla - Associate General Counsel Michael Nierenberg - Chairman, CEO and President Baron Silverstein - President, Newrez Conference Call Participants Bose George - KBW Doug Harter - UBS Kenneth Lee - RBC Capital Markets Giuliano Bologna - Compass Point Eric Hagen - BTIG Jay McCanless - Wedbush Matthew Erdner - Jones Trading Operator Good day, and welcome to the Rithm Capital Fourth Quarter and Full-Year 2024 Earnings Call. All participants will be in listen-only mode.
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Rithm (RITM) Surpasses Q4 Earnings and Revenue Estimates
Rithm (RITM) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.51 per share a year ago.
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Rithm Capital Corp. Announces Fourth Quarter and Full Year 2024 Results
NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE: RITM; “Rithm Capital,” “Rithm” or the “Company”) today reported the following information for the fourth quarter ended and full year ended December 31, 2024: Fourth Quarter 2024 Financial Highlights: GAAP net income of $263.2 million, or $0.50 per diluted common share(1) Earnings available for distribution of $315.8 million, or $0.60 per diluted common share(1)(2) Common dividend of $130.2 million, or $0.25 per common share Book value per co.
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Can Rithm Capital Navigate Rising Expenses in Q4 Earnings?
RITM's fourth-quarter earnings are likely to have been aided by higher interest income and asset management revenues.
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Best Income Stocks to Buy for February 5th
RITM, HBNC and EBMT made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 5, 2025.
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Best Income Stocks to Buy for January 31st
MC, RITM and TWO made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 31, 2024.
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Best Value Stocks to Buy for January 31st
ENS, EFSC and RITM made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 31, 2024.
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Rithm Capital Corp. Announces Treatment of 2024 Taxable Dividends
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 2024. Common Stock Dividends During 2024, taxable dividends for Rithm Capital's common stock (CUSIP #64828T201) were approximately $1.00000 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.
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Rithm (RITM) Expected to Beat Earnings Estimates: Should You Buy?
Rithm (RITM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Rithm Capital: Attractive Opportunity Under The Right Rate Environment
Rithm Capital is a diversified mREIT with significant exposure to the real estate sector, focusing on origination, servicing, and investment segments. Due to the extreme impact of external factors, at the time of writing, Rithm Capital is a hold from an intrinsic value perspective. Despite interest rate risks, Rithm's built-in hedges and diversified revenue sources provide stability, with ~25% consolidated operating margins after normalization.
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Rithm (RITM) Registers a Bigger Fall Than the Market: Important Facts to Note
In the most recent trading session, Rithm (RITM) closed at $11.34, indicating a -0.61% shift from the previous trading day.
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Rithm (RITM) Upgraded to Strong Buy: Here's What You Should Know
Rithm (RITM) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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Best Income Stocks to Buy for January 29th
RITM, MC and PX made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 29, 2024.
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Best Value Stocks to Buy for January 29th
RITM, SRCE and CZNC made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 29, 2024.
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KBRA Assigns Preliminary Ratings to New Residential Mortgage Loan Trust 2025-NQM1 (NRMLT 2025-NQM1)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 8 classes of mortgage-backed notes from New Residential Mortgage Loan Trust 2025-NQM1 (NRMLT 2025-NQM1), a $308.0 million non-prime RMBS transaction sponsored by Rithm Capital Corp. (formerly New Residential Investment Corp.), a publicly traded (NYSE: RITM) real estate investment trust (REIT). The underlying mortgages in the subject pool were originated by NewRez LLC (57.5%) and Champions Funding, LLC (31.3%). In addition, all loans.
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Past Time To Take Gains On These Big Yielders
Past Time To Take Gains On These Big Yielders
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Rithm Capital Corp. Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE:RITM, “Rithm Capital,” “Rithm” or the “Company”) announced today that it will release its fourth quarter and full year 2024 financial results for the period ended December 31, 2024 on Thursday, February 6, 2025 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on Thursday, February 6, 2025 at 8:00 A.M. Eastern Time. A copy of the earnings release will be posted to the Investors – News sec.
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Why Investors Need to Take Advantage of These 2 Finance Stocks Now
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
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Best Value Stocks to Buy for January 23rd
MATW, BBCP and RITM made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 23, 2025.
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Best Income Stocks to Buy for January 23rd
RITM, MATW and FG made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 23, 2025.
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Best Value Stocks to Buy for January 16th
DXC, RITM and IFS made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 16, 2025.
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Best Income Stocks to Buy for January 16th
RITM, SSTK and TSN made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 16, 2025.
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High Yield REITs Whacked By Higher Rates
High Yield REITs Whacked By Higher Rates
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Best Income Stocks to Buy for January 13th
TWO, NREF and RITM made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 13, 2025.
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Rithm (RITM) Stock Slides as Market Rises: Facts to Know Before You Trade
Rithm (RITM) closed the most recent trading day at $10.96, moving -0.36% from the previous trading session.
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Why Rithm (RITM) is Poised to Beat Earnings Estimates Again
Rithm (RITM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Rithm Capital: Hawkish Fed, Strong Yield, Upside Potential In 2025
Rithm Capital offers a highly sustainable 9% dividend yield, paying out less than half of its distributable profits, making it an attractive choice for passive income investors. The trust's focus on Mortgage Servicing Rights, which gain value with rising interest rates, aligns well with the central bank's slower rate cut trajectory. Rithm Capital's diversification into asset management and acquisitions, like Sculptor Capital Management, enhances its growth potential and reduces reliance on mortgage investments.
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This Stock Has A 9.21% Yield And Sells For Less Than Book
Rithm Capital has been named as a Top 10 Real Estate Investment Trust (REIT), according to Dividend Channel, which published its most recent ''DividendRank'' report. The report noted that among REITs, RITM shares displayed both attractive valuation metrics and strong profitability metrics.
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Rithm Capital's Sector Comparative Analysis - Part 2 (Includes Q1 + Q2 2025 Dividend Projection)
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 2025.
seekingalpha.com
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Why Rithm (RITM) Dipped More Than Broader Market Today
Rithm (RITM) closed at $10.67 in the latest trading session, marking a -0.28% move from the prior day.
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Rithm Capital Corp. Declares Fourth Quarter 2024 Common and Preferred Dividends
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 2024 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 2024. The fourth quarter common stock dividend is payable on January 31, 2025, to shareholders of record on December 31, 2024. Preferred Stock Dividends In accordance.
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Rithm Capital: 9% Yield, 2.2x Dividend Coverage, Upside
Rithm Capital offers a stable 9% yield, a strong dividend coverage profile, and a diversified revenue stream. The REIT has expanded through acquisitions, diversifying its portfolio beyond mortgage investments to include significant asset management operations. With a dividend coverage ratio of 2.2x, RITM provides a high safety margin for dividend investors, supporting its 9% yield.
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Huge Yields, Brief Notes
Preferred shares rallied, as predicted. Finding value is getting much harder. There are some common shares trading at discounts. Some big, some tiny. I would be interested in a few of the agency mortgage REITs, but the ones I would prefer remain unavailable. The valuation between those good ones and some of the weaker ones (as measured by things like destruction of shareholder wealth and me not liking them) is still small sometimes.
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Rithm (RITM) Rises As Market Takes a Dip: Key Facts
Rithm (RITM) reachead $11.16 at the closing of the latest trading day, reflecting a +0.09% change compared to its last close.
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Rithm Capital's Updated Sector Comparative Analysis - Part 1 (Includes Recommendation For 19 Peers As Of 12/6/2024)
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 Q4 2024 (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).
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My Favorite Dividend Stock For 2025 Has 25%+ Upside
It's a tradition unlike any other! Move over, Masters.
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KBRA Assigns Preliminary Ratings to New Residential Mortgage Loan Trust 2024-NQM3 (NRMLT 2024-NQM3)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 8 classes of mortgage-backed notes from New Residential Mortgage Loan Trust 2024-NQM3 (NRMLT 2024-NQM3), a $272.5 million non-prime RMBS transaction sponsored by Rithm Capital Corp. (formerly New Residential Investment Corp.), a publicly traded (NYSE: RITM) real estate investment trust (REIT). The underlying mortgages in the subject pool were originated by NewRez LLC (71.4%) and Champions Funding, LLC (12.2%). In addition, all loans.
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Rithm: The 9% Yield Is Still Dirt Cheap
Rithm Capital investors have underperformed the market recently, even as the S&P 500 surged to new records. RITM's attractive dividend yield of 9% attracted dip-buying at its November lows as investors reacted to a higher-for-longer interest rate outlook. The return of the Trump adminstration is expected to be inflationary, potentially lifting Rithm's MSR portfolio.
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Rithm Capital: A Strong And Cheap 9% Yielder
Rithm Capital Corp. offers a 9% dividend yield with strong coverage and potential upside, performing well in both rising and declining interest rate environments. The company's diversified strategy, including mortgage servicing rights and mortgage origination, positions it well against interest rate fluctuations, unlike many other mREITs. Recent results show strong profitability with an earnings yield close to 20%, and a growing cash position providing flexibility for future investments.
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Home For The Holidays
U.S. equity markets rebounded this week as investors weighed a relatively strong slate of housing market data and solid retail earnings against heightened geopolitical volatility in Eastern Europe. Following its worst week in two months, the S&P 500 advanced 1.7% this week - effectively erasing last week's 2% declines and extending its post-election gains to around 5%. Real estate equities - which lagged in two post-election weeks amid a rebound in interest rates - were among the leaders this week following an encouraging slate of REITworld updates.
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3 Ultra-High Dividend Yield Stocks for the New Year
Amid a major political shift in the United States, investors may understandably be uncertain about how to distribute their assets. Some anticipate a new administration to be a boon for stocks thanks to loosened regulations and the potential for lower corporate taxes.
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Rithm Capital Announces the Closing of Securitized Notes Backed by Mortgage Servicing Rights
NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE: RITM, “Rithm Capital” or “Rithm”), a leading sponsor of structured MSR-backed capital market notes, today announced it has successfully closed NZES 2024-FNT1, a $461 million securitized financing note backed by mortgage servicing rights (“MSRs”). Leveraging Rithm's scale, strong servicing performance and high-quality collateral, this first-of-its-kind, single-tranche non-recourse transaction provides fixed financing over the term of the expe.
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Rithm Capital Up 3.3% Since Q3 Earnings Beat on Interest Income Growth
RITM's third-quarter 2024 interest income jumps 19.1% year over year.
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Rithm Capital and Newrez Pledge Support to Disaster Relief Efforts in Wake of Hurricanes Helene and Milton
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.
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3 Ultra-High-Yield Dividend Stocks to Buy in November and Hold Forever
With yields above 9%, these stocks could accelerate your retirement timeline.
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Compared to Estimates, Rithm (RITM) Q3 Earnings: A Look at Key Metrics
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.
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Rithm Capital Corp. (RITM) Q3 2024 Earnings Call Transcript
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.
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Rithm (RITM) Q3 Earnings Surpass Estimates
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.
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Rithm Capital Corp. Announces Third Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE: RITM; “Rithm Capital,” “Rithm” or the “Company”) today reported the following information for the third quarter ended September 30, 2024: Third Quarter 2024 Financial Highlights: GAAP net income of $97.0 million, or $0.20 per diluted common share(1) Earnings available for distribution of $270.3 million, or $0.54 per diluted common share(1)(2) Common dividend of $129.9 million, or $0.25 per common share Book value per common share of $12.31(1.
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Rithm Capital Corp. Elects Ranjit Kripalani and William Addas to the Board of Directors
NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that the Board of Directors of the Company (the “Board”) has elected Ranjit Kripalani and William Addas as independent members of the Board, each effective as of November 1, 2024. “We are extremely excited to announce Ron and Will as new additions to our Board of Directors during an exciting time in Rithm Capital's growth as an asset manager,” said Michael Nierenberg, Chairman, Chief Exe.
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Exploring Analyst Estimates for Rithm (RITM) Q3 Earnings, Beyond Revenue and EPS
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 September 2024.
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Here's How Rithm Capital Can Afford Its 9.5% Dividend Yield
Some might call it a mortgage REIT, but there's much more to this expanding finance business.
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Can Rithm Capital Navigate Lower Servicing Revenues in Q3 Earnings?
RITM's third-quarter earnings are likely to have been affected by higher expenses and lower asset management revenues.
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Earnings Preview: Rithm (RITM) Q3 Earnings Expected to Decline
Rithm (RITM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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3 Shares Yielding Over 9%
We've got three shares where big yields are offset by one flaw or another. I recently closed out my position in one of these shares for a gain of more than 40%. Great choice about 17 months ago. Not as great today. I'll include an alternative from my portfolio that still offers an attractive yield for investors.
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Rithm Capital Corp. Schedules Third Quarter 2024 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE:RITM, “Rithm Capital,” “Rithm” or the “Company”) announced today that it will release its third quarter 2024 financial results for the period ended September 30, 2024 on Tuesday, October 29, 2024 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on Tuesday, October 29, 2024 at 8:00 A.M. Eastern Time. A copy of the earnings release will be posted to the Investors – News section of the Comp.
businesswire.com
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Will Rithm (RITM) Beat Estimates Again in Its Next Earnings Report?
Rithm (RITM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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CORRECTING and REPLACING Rithm Capital Corp. Declares Third Quarter 2024 Common and Preferred Dividends
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.
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Rithm Capital: You Can Get A 9% Yield Again
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.
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Genesis Capital Closes Its Second Rated Residential Transitional Loan Securitization
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.
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5 Shares Yielding 8% To 11%
We've got 5 shares in here plus a bonus. It's like 6, but easier to click. Some of these deals look better than others. Ex-dividend dates are coming up pretty soon for a few of them.
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Rithm Capital Corp. Announces Pricing of Public Offering of Common Stock
NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE: RITM; “Rithm” or the “Company”) announced today that it priced its underwritten public offering of 30,000,000 shares of its common stock for gross proceeds of approximately $342.9 million, before deducting estimated underwriting discounts and commissions and estimated offering expenses. In connection with the offering, the Company has granted the underwriters an option for a period of 30 days to purchase up to an additional 4,500,000 shares.
businesswire.com
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Rithm Capital Corp. Announces Public Offering of Common Stock
NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE: RITM; “Rithm” or the “Company”) announced today the commencement of a public offering of 30,000,000 shares of its common stock, subject to market conditions. In connection with the offering, the Company expects to grant the underwriters an option for a period of 30 days to purchase up to an additional 4,500,000 shares of common stock. The Company intends to use the net proceeds from this offering for general corporate purposes. The underwrit.
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Can Rithm Capital's 8.5% Yield Continue to Dance to the Dividend Tune?
The positive impacts from RITM's asset management business acquisition will likely benefit its cash flows and support dividend payouts.
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Rithm Capital Corp. Declares Third Quarter 2024 Common and Preferred Dividends
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 third quarter 2024 common and preferred stock dividends. Common Stock Dividend The Board declared a dividend of $0.25 per share of common stock for the third quarter 2024. The third quarter common stock dividend is payable on November 1, 2024, to shareholders of record on October 1, 2024. Preferred Stock Dividends In accordance with.
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The High Yield Desert
I frequently discuss high-yield sectors like mortgage REITs, BDCs, and preferred shares, emphasizing the importance of knowing when not to buy. Preferred shares have rallied above targets, reducing buying opportunities, while common shares offer higher risks. Some offer upside, but others mostly offer downside. I'll kick off the weekend by highlighting one with a high valuation, as investors pay top dollar for earnings that are about to melt away.
seekingalpha.com
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Rithm (RITM) Rises Yet Lags Behind Market: Some Facts Worth Knowing
Rithm (RITM) closed at $11.91 in the latest trading session, marking a +0.85% move from the prior day.
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Should You Invest in Rithm (RITM) Based on Bullish Wall Street Views?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
zacks.com
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Rithm (RITM) Stock Drops Despite Market Gains: Important Facts to Note
In the most recent trading session, Rithm (RITM) closed at $11.42, indicating a -1.38% shift from the previous trading day.
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5 Ultra-High Yield Dividend Stocks to Buy With $1000
Willem Van Zyl / iStock via Getty Images With a yield of just over 6%, Innovative Industrial Properties (NYSE:IIPR) is a commercial mortgage real estate investment trust that provides financing to the cannabis industry.
247wallst.com
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Prediction: The Federal Reserve Will Cut Rates In September, and This Ultra-High-Yield Dividend Stock Could Soar
The Federal Reserve increased interest rates 11 times between 2022 and 2023. A higher cost of borrowing affects economic activity, and some industries such as real estate are particularly sensitive.
fool.com
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Rithm (RITM) Flat As Market Sinks: What You Should Know
Rithm (RITM) concluded the recent trading session at $11.61, signifying no movement from its prior day's close.
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Rithm: High Yield Opportunity Not To Be Missed
Rithm Capital stock broke to a new recent high, underpinned by robust buying sentiment. Its transition into less cyclical segments and asset management is expected to spur a valuation re-rating. Rithm's attractive valuation and high dividend yield help underpin its bullish thesis.
seekingalpha.com
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Rithm Capital's Updated Sector Comparative Analysis - Part 1 (Includes Recommendation For 19 Peers As Of 9/2/2024)
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 Q3 2024 (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 appropriately valued (hold recommendation).
seekingalpha.com
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REIT Fantasy Football: 11 Companies To Start Your Team
Like football, REIT investing is about gaining control of real estate. REITs are becoming more attractive to income investors as inflation remains below average REIT yield and interest rates fall. With one company from each of the 19 equity REIT sectors, I offer a starting lineup of 11 companies, 6 reserves, and 2 water boys, for a solid REIT portfolio.
seekingalpha.com
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10% Or Higher Dividend Yields
BDCs, mortgage REITs, preferred shares, and one baby bond. Most are yielding over 10%. I hope you're ready for the weekend. We're going to do quick coverage on each share. Some of these preferred share and baby bond combinations appear to be slightly mispriced.
seekingalpha.com
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Rithm Capital: High-Yield Bargain Opportunity
Rithm Capital is a high-yielding investment opportunity with a growing asset management focus and diversified portfolio. The Sculptor asset management platform is growing and could represent a key lever for earnings growth going forward. The mortgage REIT supported its dividend with earnings available for distribution in the second quarter, with a distribution coverage ratio of 1.88X.
seekingalpha.com
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Rithm (RITM) Down 3.2% Despite Q2 Earnings Beat: Growth Ahead?
Rithm's (RITM) second-quarter interest income jumps 24.3% year over year.
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