Rithm Capital Stock News

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 pro...

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 ...

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE: RITM; “Rithm Capital” or the “Company”) announced today that it will redeem $50,000,000, or 2,000,000 shares, of the Company's outstanding 6,210,000 shares of 7.50% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the “Series A Shares”) at a redemption price equal to $25.00 per Series A Share in cash, plus $0.274091 per...

Rithm Capital: This Ultra-Safe 8% Yield Is Still On Sale

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 d...

Have you refinanced your house recently? Me neither. Somehow, for our house it's already four years ago, though I can remember the transaction like it was yesterday.

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 Mc...

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 dil...