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RITM

RITM - Rithm Capital Corp. Stock Price, Fair Value and News

11.12USD-0.01 (-0.09%)Market Closed

Market Summary

RITM
USD11.12-0.01
Market Closed
-0.09%

RITM Alerts

  • Big jump in Revenue (Y/Y)
  • Big jump in Earnings (Y/Y)

RITM Stock Price

View Fullscreen

RITM RSI Chart

RITM Valuation

Market Cap

5.4B

Price/Earnings (Trailing)

27.23

Price/Sales (Trailing)

1.26

EV/EBITDA

1.66

Price/Free Cashflow

-4.39

RITM Price/Sales (Trailing)

RITM Profitability

EBT Margin

24.83%

Return on Equity

2.76%

Return on Assets

0.47%

Free Cashflow Yield

-22.77%

RITM Fundamentals

RITM Revenue

Revenue (TTM)

4.3B

Rev. Growth (Yr)

52.85%

Rev. Growth (Qtr)

49.91%

RITM Earnings

Earnings (TTM)

197.5M

Earnings Growth (Yr)

219.61%

Earnings Growth (Qtr)

141.19%

Breaking Down RITM Revenue

Last 7 days

-1.2%

Last 30 days

-1.7%

Last 90 days

-0.1%

How does RITM drawdown profile look like?

RITM Financial Health

RITM Investor Care

Dividend Yield

8.99%

Dividend/Share (TTM)

1

Shares Dilution (1Y)

0.10%

Diluted EPS (TTM)

-438.06

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20244.3B000
20234.1B3.8B4.0B3.8B
20224.4B5.3B5.2B5.0B
20212.6B2.6B2.9B3.8B
20201.8B1.8B1.9B1.8B
20191.7B1.7B1.9B2.0B
20181.6B1.5B1.6B1.7B
20171.2B1.4B1.5B1.5B
2016750.7M850.0M950.1M1.1B
2015359.7M445.3M530.0M645.1M
2014142.9M212.5M288.2M346.9M
201347.9M66.4M76.0M87.6M
201200033.8M
20110000

Tracking the Latest Insider Buys and Sells of Rithm Capital Corp.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 24, 2024
le melle patrice m
acquired
-
-
13,612
-
May 24, 2024
hebard peggy hwan
acquired
-
-
14,520
-
May 24, 2024
sloves andrew
acquired
-
-
14,066
-
May 24, 2024
saltzman david
acquired
-
-
14,520
-
May 24, 2024
finnerty kevin j
acquired
-
-
14,066
-
Apr 26, 2024
nierenberg michael
acquired
-
-
7,580
chief executive officer
Apr 26, 2024
santoro nicola jr
acquired
-
-
1,082
chief financial officer
Apr 26, 2024
sivin philip m
acquired
-
-
216
chief legal officer
Mar 21, 2024
nierenberg michael
sold (taxes)
-846,654
10.6
-79,873
chief executive officer
Feb 23, 2024
santoro nicola jr
sold (taxes)
-131,387
10.6
-12,395
chief financial officer

1–10 of 38

Which funds bought or sold RITM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
reduced
-9.22
-5,518
95,141
0.01%
May 24, 2024
Cetera Investment Advisers
added
460
2,457,940
2,964,220
0.01%
May 22, 2024
BURNEY CO/
new
-
547,856
547,856
0.02%
May 20, 2024
BLUEFIN CAPITAL MANAGEMENT, LLC
sold off
-100
-503,595
-
-%
May 20, 2024
Virtu Financial LLC
sold off
-100
-524,000
-
-%
May 20, 2024
EMC Capital Management
added
28.57
101,000
395,000
0.24%
May 20, 2024
Highlander Capital Management, LLC
reduced
-3.05
4,572
354,609
0.12%
May 17, 2024
Plato Investment Management Ltd
new
-
170,469
170,469
0.02%
May 17, 2024
VIMA LLC
new
-
30,032
30,032
0.02%
May 16, 2024
Creekmur Asset Management LLC
unchanged
-
807
18,749
0.01%

1–10 of 41

Are Funds Buying or Selling RITM?

Are funds buying RITM calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own RITM
No. of Funds

Unveiling Rithm Capital Corp.'s Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
canyon capital advisors llc
0.00%
0
SC 13G/A
Feb 13, 2024
vanguard group inc
9.40%
45,436,921
SC 13G/A
Jan 29, 2024
blackrock inc.
5.7%
27,642,103
SC 13G
Feb 10, 2023
fortress investment group llc
4.0%
19,512,751
SC 13G/A

Recent SEC filings of Rithm Capital Corp.

View All Filings
Date Filed Form Type Document
Jun 18, 2024
SC 13D
13D - Major Acquisition
May 29, 2024
4
Insider Trading
May 29, 2024
4
Insider Trading
May 29, 2024
4
Insider Trading
May 29, 2024
4
Insider Trading
May 29, 2024
4
Insider Trading
May 23, 2024
8-K
Current Report
May 03, 2024
10-Q
Quarterly Report
May 01, 2024
8-K
Current Report
Apr 30, 2024
4
Insider Trading

Peers (Alternatives to Rithm Capital Corp.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
90.7B
11.2B
0.08% 2.61%
45.97
8.09
3.63% 50.79%
41.9B
6.8B
-4.33% -14.06%
30.03
6.12
-2.39% -16.60%
28.7B
2.8B
1.74% 6.62%
30.05
10.23
5.72% -6.46%
20.2B
3.0B
-6.66% 1.81%
102.67
6.82
10.44% -73.79%
13.2B
-
-1.85% 3.18%
31.26
8.14
8.93% 11.87%
11.4B
1.4B
2.48% 3.39%
30.22
8.33
10.48% -2.04%
MID-CAP
9.6B
3.3B
-1.49% 13.36%
50.18
2.91
4.82% -75.15%
8.4B
1.2B
-0.27% 9.36%
35.15
7.28
5.48% -38.69%
3.7B
913.7M
6.65% 120.92%
-7.15
4
1.13% -307.54%
3.2B
878.0M
-4.73% 36.32%
-9.4
3.66
2.35% -290.39%
SMALL-CAP
1.3B
444.1M
-3.81% 12.41%
19.05
2.94
3.54% 8.91%
1.2B
198.2M
-5.12% -1.36%
-7.27
6.02
-43.33% -308.08%
1.1B
650.2M
1.01% -3.78%
36.54
1.72
27.93% 140.31%
556.5M
285.4M
- -38.45%
-4.37
1.95
11.05% 83.70%
451.6M
277.2M
-0.64% -19.84%
-55.08
1.63
25.89% 94.64%

Rithm Capital Corp. News

Latest updates
MarketBeat11 hours ago

Rithm Capital Corp. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue49.9%1,2868581,0891,0388429929111,3211,7291,2619534271,145330694447287463628432439
Operating Expenses3.8%8458157597006656817241,137803899716498504327498432514336496430180
  S&GA Expenses1.8%195192190182167189215225246290237173164-98.0217829327528.0019411999.00
EBITDA Margin8.3%0.60*0.55*0.52*0.50*0.33*0.41*0.39*0.38*0.45*0.39*0.47*0.51*---------
Interest Expenses-10.3%42046826933828626518914713314013010712948.00131116217216246228226
Income Taxes212.9%93.0030.0053.0057.00-16.81-18.0522.0073.0020329.0032.00-1.0898.0066.0010117.00-16623.00-5.44-21.5846.00
Earnings Before Taxes1121.1%381-37.3027444373.0088.0017610689321720214540016720562.00-1,774253239-46.60202
EBT Margin26.2%0.25*0.20*0.22*0.21*0.11*0.25*0.27*0.27*0.33*0.25*0.32*0.35*---------
Net Income141.2%287-69722138790.0010615433.0069018817114630110210444.00-1,607230245-25.02156
Net Income Margin210190.9%0.05*0.00*0.21*0.20*0.10*0.20*0.20*0.21*0.27*0.21*0.25*0.25*---------
Free Cashflow-102.2%-1,144-56543551.001,1811421,3771,4653,8903,570328-519---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets19.3%42,12135,31234,74633,85831,81932,47935,33534,55437,86939,74241,60437,25035,18433,25230,40623,75224,19344,86341,34836,79234,242
    Cash Equivalents-11.7%1,1361,2871,2171,3691,8001,6181,9501,9451,9661,5281,3679561,0381,0801,0221,152508691901565509
  Goodwill0%132132-----------------25.00-
Liabilities23.6%34,87828,21127,47826,66324,86425,46928,27327,49130,68433,07334,97731,08429,56227,82224,97818,36318,86337,62734,08629,99227,797
Shareholder's Equity2.0%7,1507,0077,2087,1956,9557,0107,0627,0637,1856,6696,6276,1665,6225,4305,4295,3895,3307,2367,2626,8016,912
  Retained Earnings37.8%-232-373-164-236-470-418-381-387-267-813-856-886-914-1,108-1,094-1,110-1,059550546529769
  Additional Paid-In Capital0.0%6,0756,0746,0716,0696,0626,0626,0616,0616,0606,0606,0586,0595,5485,5475,5555,5555,5005,4985,4985,4985,498
Shares Outstanding0.1%483483483483478474468467467451467436---------
Minority Interest-0.3%94.0094.0060.0060.0011.0067.0071.0069.0062.0065.0071.0094.0099.0010999.0097.0067.0079.0084.0083.0090.00
Float----4,500---4,300---5,200---3,100---4,700-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-102.2%-1,144-56543551.001,1811421,3771,4653,8903,570328-519-495-12.16-8801,4551,311718467-2,482-300
  Share Based Compensation---------0.00--1.001.00--1.001.00--1.000.00
Cashflow From Investing-337.5%-4,0531,706-627-236-5901,053-1,3201,202-736-5005,181-1,575-798-2,340-5,395-29716,661-5,721-1,773-724-2,752
Cashflow From Financing579.9%5,056-1,05389.0074.00-407-1,526-51.94-2,688-2,716-3,102-5,1422,1151,3882,4116,145-513-18,1554,7931,6433,2633,147
  Dividend Payments---143143141-13913913974.0010811283.0062.0042.0021.00208208208208185
  Buy Backs------1.00--4.00------------
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RITM Income Statement

2024-03-31
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate  
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate$ 1,210,450$ 841,561
Total revenues1,286,310841,561
Expenses  
Interest expense and warehouse line fees414,365309,068
General and administrative195,118167,155
Compensation and benefits235,778188,880
Total operating expenses845,261665,103
Other Income (Loss)  
Realized and unrealized gains (losses), net(68,134)(78,149)
Other income (loss), net7,984(25,166)
Total other income (loss)(60,150)(103,315)
Income (loss) before income taxes380,89973,143
Income tax expense (benefit)93,412(16,806)
Net income (loss)287,48789,949
Noncontrolling interests in income (loss) of consolidated subsidiaries3,452(1,300)
Dividends on preferred stock22,39522,395
Net income (loss) attributable to common stockholders - basic$ 261,640$ 68,854
Net Income (loss) per share of common stock  
Basic (in dollars per share)$ 0.54$ 0.14
Diluted (in dollars per share)$ 0.54$ 0.14
Weighted average number of shares of common stock outstanding  
Basic (in shares)483,336,777478,167,178
Diluted (in shares)485,931,501482,846,911
Dividends declared per share of common stock (in dollars per share)$ 0.25$ 0.25
Servicing fee revenue, net and interest income from MSRs and MSR financing receivables  
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate  
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate$ 470,203$ 469,839
Change in fair value of MSRs and MSR financing receivables (includes realization of cash flows of $(116,839) and $(105,691) respectively)  
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate  
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate84,175(142,304)
Servicing revenue, net  
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate  
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate554,378327,535
Interest income  
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate  
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate448,179346,614
Gain on originated residential mortgage loans, held-for-sale, net  
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate  
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate149,545109,268
Other revenues  
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate  
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate58,34858,144
Asset management revenues  
Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable and Corporate  
Total revenues$ 75,860$ 0

RITM Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets  
Mortgage servicing rights and mortgage servicing rights financing receivables, at fair value$ 8,706,723$ 8,405,938
Real estate and other securities (includes $15,289,314 and $9,757,664 at fair value, respectively)15,314,1999,782,217
Residential mortgage loans, held-for-investment, at fair value365,398379,044
Residential mortgage loans, held-for-sale (includes $3,691,700 and $2,461,865 at fair value, respectively)[1]3,766,1152,540,742
Consumer loans, held-for-investment, at fair value[1]1,103,7991,274,005
Single-family rental properties1,007,1721,001,928
Mortgage loans receivable, at fair value[1]2,384,7442,232,913
Residential mortgage loans subject to repurchase[2]1,845,8891,782,998
Cash and cash equivalents[1]1,136,4371,287,199
Restricted cash[1]394,546385,620
Servicer advances receivable2,586,4092,760,250
Other assets (includes $1,525,970 and $1,489,419 at fair value, respectively)[1]3,509,4973,478,931
Total assets42,120,92835,311,785
Liabilities  
Secured financing agreements[1]18,271,04612,561,283
Secured notes and bonds payable (includes $545,984 and $554,800 at fair value, respectively)[1]10,045,37510,679,186
Residential mortgage loan repurchase liability[2]1,845,8891,782,998
Unsecured notes, net of issuance costs1,205,411719,004
Payable for investments purchased1,271,5420
Dividends payable135,695135,897
Accrued expenses and other liabilities (includes $251,709 and $333,688 at fair value, respectively)[1]2,102,5982,332,379
Total liabilities34,877,55628,210,747
Commitments and Contingencies (Note 22)
Equity  
Preferred stock, $0.01 par value, 100,000,000 shares authorized, 51,964,122 and 51,964,122 issued and outstanding, $1,299,104 and $1,299,104 aggregate liquidation preference, respectively1,257,2541,257,254
Common stock, $0.01 par value, $2,000,000,000 shares authorized, $483,477,713 and $483,226,239 issued and outstanding, respectively4,8364,833
Additional paid-in capital6,075,0806,074,322
Retained earnings (accumulated deficit)(232,119)(373,141)
Accumulated other comprehensive income44,50143,674
Total Rithm Capital stockholders’ equity7,149,5527,006,942
Noncontrolling interests in equity of consolidated subsidiaries[3]93,82094,096
Total equity7,243,3727,101,038
Liabilities and Equity$ 42,120,928$ 35,311,785
[1]The Company's Consolidated Balance Sheets include assets of consolidated variable interest entities (“VIEs”) that can only be used to settle obligations and liabilities of the VIE for which creditors do not have recourse to the primary beneficiary (Rithm Capital Corp.). As of March 31, 2024 and December 31, 2023, total assets of consolidated VIEs were $2.6 billion and $2.5 billion, respectively, and total liabilities of consolidated VIEs were $2.1 billion and $2.1 billion, respectively. See Note 20 for further details.
[2]See Note 5 for details.
[3]See Note 20 for details.
RITM
Rithm Capital Corp. operates as an investment manager that operates a vertically integrated mortgage platform and invests in real estate and related properties in the United States and Europe. The company provides capital and services to the real estate and financial services sectors. Its investment portfolio comprises mortgage servicing related assets, residential securities and loans, and single-family rental loans. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as New Residential Investment Corp. and changed its name to Rithm Capital Corp. in August 2022. Rithm Capital Corp. was incorporated in 2011 and is headquartered in New York, New York.
 CEO
 WEBSITErithmcap.com
 INDUSTRYREIT Mortgage
 EMPLOYEES5870

Rithm Capital Corp. Frequently Asked Questions


What is the ticker symbol for Rithm Capital Corp.? What does RITM stand for in stocks?

RITM is the stock ticker symbol of Rithm Capital Corp.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Rithm Capital Corp. (RITM)?

As of Thu Jun 20 2024, market cap of Rithm Capital Corp. is 5.38 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RITM stock?

You can check RITM's fair value in chart for subscribers.

What is the fair value of RITM stock?

You can check RITM's fair value in chart for subscribers. The fair value of Rithm Capital Corp. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Rithm Capital Corp. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RITM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Rithm Capital Corp. a good stock to buy?

The fair value guage provides a quick view whether RITM is over valued or under valued. Whether Rithm Capital Corp. is cheap or expensive depends on the assumptions which impact Rithm Capital Corp.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RITM.

What is Rithm Capital Corp.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Jun 20 2024, RITM's PE ratio (Price to Earnings) is 27.23 and Price to Sales (PS) ratio is 1.26. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RITM PE ratio will change depending on the future growth rate expectations of investors.