Q2 2024 Quarterly Supplement Rithm Capital Quarterly Supplement Q2 2024 Disclaimers IN GENERAL. This disclaimer applies to this document and the verbal or written comments of any person presenting it. This document, taken together with any such verbal or written comments, is referred to herein as the "Presentation." FORWARD-LOOKING STATEMENTS. Certain statements regarding Rithm Capital Corp. (together with its subsidiaries, "Rithm," "Rithm Capital," the "Company" or "we") in this Presentation may constitute ...

rithm (1) • GAAP net income of $213.2 million, or $0.43 per diluted common share • Earnings available for distribution of $231.1 million, or $0.47 per diluted common share • Common dividend of $122.4 million, or $0.25 per common share • Book value per common share of $12.39 (1)(2) (1) Exhibit 99.1 NEW YORK - (BUSINESS WIRE) — Rithm Capital Corp. (NYSE: RITM; "Rithm Capital," "Rithm" or the "Company") today reported the following information for the second quarter ended June 30, 2024: | --- | --- | --- | --- ...

Wall Street analysts expect Rithm (RITM) to post quarterly earnings of $0.42 per share in its upcoming report, which indicates a year-over-year decline of 32.3%. Revenues are expected to be $1.13 billion, up 8.9% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Before a company announces its earnings, it is essential ...

Rithm (RITM) closed the most recent trading day at $11.45, moving +0.7% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 1.11%. Elsewhere, the Dow saw an upswing of 1.64%, while the tech-heavy Nasdaq appreciated by 1.03%. Analysts and investors alike will be keeping a close eye on the performance of Rithm in its upcoming earnings disclosure. The company's earnings report is set to go public on July 31, 2024. The company is predicted to post an EPS of $0.42, ind ...

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year ...

Rithm Capital Corp. (RITM) shares have gained 15% in the past year. The stock has outperformed the industry's 10.4% increase. Based in New York, Rithm Capital is an asset manager specializing in the real estate and financial services sectors. It has a market cap of $5.2 billion. Its asset management business expansion and continuous acquisition of customer loans are aiding the company. Its diversified platform and focus on growing profitability of its Newrez business is buoying its performance. Muted prepay ...

100 gesrey Focus of Article: The focus of this two-part article is to provide a very detailed analysis comparing Rithm Capital Corp. (NYSE:RITM) to 19 other mortgage real estate investment trust (mREIT) peers I currently fully cover. I am writing this two-part article due to the continued requests that such an analysis be specifically performed on RITM and some of the company's mREIT peers at periodic intervals. For readers who just want the summarized conclusions/results, I would suggest to scroll down to ...

Shares of the real estate investment trust witnessed a loss of 3.81% over the previous month, trailing the performance of the Finance sector with its loss of 0.44% and the S&P 500's gain of 3.96%. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.76 per share and revenue of $4.82 billion. These totals would mark changes of -14.56% and +33.16%, respectively, from last year. Empirical research indicates that these revisions in estimates have a direct correla ...

Colonial HD E t H the state the first the first 4000 t The focus of PART 1 of this article is to analyze Rithm Capital Corp.'s (NYSE:RITM) recent results and compare several of the company's metrics to 19 mortgage real estate investment trust (mREIT) peers. This analysis will show past and current data with supporting documentation. Table 1a will compare RITM's investment composition, recent leverage, hedging coverage ratio, and change in investment portfolio size to the 19 mREIT peers. Table 1b will compar ...

Zephyr18 Rithm Capital (NYSE:RITM) is growing its business, seeing solid earnings available for distribution strength and supplying a well-supported dividend for investors. The company has evolved drastically in the last couple of years, broadening its investment scope and portfolio footprint, although Rithm Capital is still heavily focused on one of its original investment premises: mortgage servicing rights. I believe Rithm Capital is a truly outstanding income play with a 9% dividend yield and shares con ...