A surprising solid REIT earnings season wrapped up this week. Of the 100 equity REITs that provide full-year FFO guidance, 62% raised their outlook - above the historical 55% average. Disinflation was a surprisingly common thread across second-quarter results, with the majority of the upside revisions being driven by improved expense expectations - the highest quantity of expense reductions eve...
Rithm Capital Corp.'s preferred stock D offers a strong 5.5x coverage ratio and cumulative dividends, providing downside protection versus the common stock. RITM has a diversified real estate and credit asset portfolio, with consistent profitability since 2021 supporting preferred stockholders. Dividend history shows significant cuts during COVID, but preferreds offer greater payment security t...
NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE: RITM, “Rithm” or the “Company”), a global, multi-dimensional asset manager with deep experience investing in real estate and credit, today announced it has closed a one-year forward flow agreement to acquire $1 billion in home improvement loans originated and serviced by Upgrade, Inc. (“Upgrade”), a fintech company that offers affordable and...
According to the Internal Revenue Service (IRS), passive income generally includes earnings from rental activity or any trade, business, or investment in which the individual does not materially participate.
RITM finally nears its book value, thanks to the mREIT's robust performance metrics, despite a challenging macroeconomic environment thus far. This is significantly aided by the normalizing yield curve in the short-and-long term interest rates, with it naturally reducing the risks of a potential recession. Even so, an eventual re-rating to RITM's mature alternative asset management peers are li...
NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE:RITM, “Rithm Capital,” “Rithm” or the “Company”) announced today that it will hold an Investment Community Meeting to discuss Genesis Capital (Genesis), its wholly-owned subsidiary and leading Residential Transitional Lender serving the professional residential real estate sponsor community. The event will be held in New York City on the morn...
Rithm Capital is a mortgage REIT that recently reported Q2 earnings, prompting a fresh review of its investment case. I analyze RITM's latest financial results and operational performance to assess and future prospects, including an (expected) dividend increase. RITM's subsidiary businesses outperformed this quarter, especially Newrez and Genesis Capital.
Rithm Capital Corp. (NYSE:RITM ) Q2 2025 Earnings Conference Call July 28, 2025 8:00 AM ET Company Participants Baron Silverstein - President Emma B. Bolla - Corporate Participant Associate General Counsel - Corporate Participant Michael Nierenberg - Chairman, President & CEO Conference Call Participants Bose Thomas George - Keefe, Bruyette, & Woods, Inc., Research Division Crispin Elliot Love ...
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