In the latest trading session, Rithm (RITM) closed at $10.67, marking a -0.28% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.09%. On the other hand, the Dow registered a gain of 0.04%, and the technology-centric Nasdaq decreased by 0.1%.Prior to today's trading, shares of the real estate investment trust had gained 0.56% over the past month. This has outpaced the Finance sector's loss of 4.24% and the S&P 500's loss of 0.29% in that time.Analysts and investors al ...

Rithm Capital (NYSE: RITM ) represents a promising high-yield investment opportunity, in my opinion, that provides a stable 9% yield and the platform has considerable potential for growth, both organically and through acquisitions. The REIT's dividend coverage profile is nothing short of impressive and theI look for high-risk, high-reward situations, mainly in the technology markets. I am an early buyer of Bitcoin and my portfolio mainly focused on companies with asymmetric long-term upside. My top holdings ...

The most recent trading session ended with Rithm (RITM) standing at $11.16, reflecting a +0.09% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily loss of 0.54%. At the same time, the Dow lost 0.53%, and the tech-heavy Nasdaq lost 0.66%.Coming into today, shares of the real estate investment trust had gained 3.82% in the past month. In that same time, the Finance sector gained 0.08%, while the S&P 500 gained 1.5%.The upcoming earnings release of Rithm wi ...

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Shares of Rithm Capital Corp. (RITM) have gained 3.3% since it reported better-than-expected third-quarter 2024 earnings on Oct. 29, 2024, driven by an improving performance in its Mortgage Loans Receivable business and solid Asset Management unit.Higher interest income was a key contributor to third-quarter growth, though rising expenses and declining servicing revenues partially offset these gains. Still, Rithm’s expanding Newrez business and strategic initiatives are expected to boost the market share of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________to________________ Commission File Number: 001-35777 | --- | --- | --- | |--------------------------------------------------------------------------- ...

For the quarter ended September 2024, Rithm (RITM) reported revenue of $619.51 million, down 43.1% over the same period last year. EPS came in at $0.54, compared to $0.58 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.11 billion, representing a surprise of -44.39%. The company delivered an EPS surprise of +25.58%, with the consensus EPS estimate being $0.43. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...

Rithm Capital Corp. (NYSE:RITM) Q3 2024 Earnings Conference Call October 29, 2024 8:00 AM ET Company Participants Emma Bolla - Associate General Counsel Michael Nierenberg - Chairman, Chief Executive Officer and President Baron Silverstein - President, Newrez Conference Call Participants Bose George - KBW Stephen Laws - Raymond James Eric Hagen - BTIG Kenneth Lee - RBC Capital Markets Crispin Love - Piper Sandler Jason Weaver - Jones Trading Trevor Cranston - Citizens JMP Operator Good day and welcome to th ...

Rithm (RITM) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25.58%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.42 per share when it actually produced earnings of $0.47, delivering a surprise of 11.90%.Over the last four quarters, t ...