Core Insights - The article focuses on analyzing Rithm Capital Corp.'s (RITM) recent performance and comparing it with 17 mortgage real estate investment trust (mREIT) peers, highlighting key metrics such as investment composition, leverage, hedging coverage ratio, and economic returns [1][2][3]. Investment Composition and Performance - As of March 31, 2025, RITM's investment portfolio consisted of 21% fixed-rate agency mortgage-backed securities (MBS), 0% variable-rate agency MBS, and 36% allocated to mortgage servicing rights (MSR) investments, with 43% in non-agency MBS and non-MBS holdings [17][18]. - RITM's book value (BV) per share decreased from $12.56 at the end of Q4 2024 to $12.39 at the end of Q1 2025, resulting in a quarterly BV decrease of 1.35% [20][21]. - Despite the minor BV decrease, RITM has managed to grow its BV over the past three years, outperforming most mREIT peers in terms of economic return [21][48]. Leverage and Hedging Coverage - RITM's on-balance sheet leverage ratio was 2.6x, with an at-risk (total) leverage ratio of 1.1x as of March 31, 2025, indicating a slight decrease in on-balance sheet leverage and a slight increase in at-risk leverage compared to the previous quarter [19][49]. - The hedging coverage ratio for RITM was geared towards lower mortgage interest rates, which helped mitigate BV volatility during periods of declining rates [50]. Economic Returns and Valuation - RITM's trailing 24-month economic return was 23.31%, significantly outperforming the average returns of its mREIT peers, which ranged from 2.43% to 20.02% across various classifications [48]. - As of June 6, 2025, RITM's stock price was trading at a 9.64% discount to the estimated current BV of $12.55 per share, suggesting that RITM is slightly undervalued compared to its peers [45][46]. Diversification and Investment Strategy - RITM's investment strategy includes a diverse array of financial investments, which provides natural hedges against market fluctuations, particularly in rising interest rate environments [25][26]. - The company has recently expanded its asset management services and diversified its investment portfolio through acquisitions, including Sculptor Capital Management [27][31].

Core Insights - Investors are motivated by two contrasting reasons: hope and confidence in future enterprise performance or fear of capital loss due to inflation [1] Group 1 - The article emphasizes the importance of in-depth research on various investment vehicles including REITs, mREITs, Preferreds, BDCs, MLPs, and ETFs [1] - A free 2-week trial is offered to attract potential investors, highlighting the platform's confidence in its research quality [1] - The article includes a quote from Bernhard Baruch, underscoring the dual motivations behind stock investments [1]

Group 1 - The article discusses various housing expenses including mortgages, utilities, homeowners' insurance, maintenance, and rent [1] - It introduces iREIT®, a platform that provides in-depth research on various real estate investment vehicles such as REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers [1] - The iREIT® Tracker offers data on over 250 tickers, including quality scores, buy targets, and trim targets for investors [1] Group 2 - A new Ratings Tracker called iREIT Buy Zone has been added to assist members in screening for value [2] - The offer includes a 2-week free trial along with a free book for new members [4]

Group 1 - The Cash Flow Kingdom Income Portfolio aims to achieve an overall yield in the range of 7% to 10% by combining various income streams for a steady payout [1] - The portfolio's price may fluctuate, but the income stream remains consistent, indicating a focus on stability in income generation [1] - The portfolio includes access to a leader's personal income portfolio targeting a yield of over 6%, along with community features and performance transparency [1] Group 2 - Jonathan Weber has been active in the stock market and as a freelance analyst, focusing primarily on value and income stocks since 2014 [2]

Group 1 - The article promotes iREIT on Alpha as a source for in-depth research on various income alternatives including REITs, mREITs, Preferreds, BDCs, MLPs, and ETFs, highlighting its positive testimonials [1] Group 2 - The article includes a disclosure stating that the author has no stock or derivative positions in any mentioned companies and has no plans to initiate any such positions in the near future [2] - It emphasizes that past performance is not indicative of future results and that no specific investment recommendations are provided [3]

AGNC Investment Corp. (AGNC) and Starwood Property Trust, Inc. (STWD) are two of the known names within the mortgage real estate investment trusts (mREITs) industry. Both offer favorable long-term stockholder returns and a massive dividend yield.But which one offers the better opportunity for investors right now? Let us break down the strengths, risks and growth potential of AGNC and STWD.The Case for AGNCAGNC Investment adheres to an active portfolio-management policy, which includes re-evaluation and adju ...

Group 1 - The article discusses the author's personal experience attending an NHL game, which has sparked interest in the performance of certain companies in the sports and entertainment sector [1] - The author has disclosed a beneficial long position in several companies, indicating a positive outlook on their stock performance [1] Group 2 - There is a mention of Seeking Alpha's disclosure regarding the nature of investment advice, emphasizing that past performance does not guarantee future results [2] - The article highlights that the views expressed may not reflect those of Seeking Alpha as a whole, indicating a diversity of opinions among analysts [2]

Group 1 - The article discusses the recent developments in trade talks with China, indicating that while there have been successes, the outcome has primarily led to a reduction in high earnings expectations for the S&P 500 [1] - The term 'Liberation Day' is used to describe the impact of these trade talks, suggesting a shift in market sentiment rather than tangible economic benefits [1] Group 2 - The article does not provide specific company or industry insights, focusing instead on broader market implications related to trade discussions [2][3] - There are no stock positions or recommendations made regarding specific companies, emphasizing an objective analysis of the market situation [2][3]