Rithm Capital Corp. | REIT Profile
Symbol: RITM
CIK: 1556593
Exchange: NYSE
Founded: 2013 (11 years)
HQ: New York, NY, United States
Type of REIT: Mortgage REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Mortgage
Internally Managed REIT
See RITM on Yahoo Finance
See RITM on SEC.gov
Rithm Capital, formerly New Residential Investment Corp., was created in 2013 to own mortgage servicing rights (“MSRs”) and other mortgage related assets. Over the years, Rithm has evolved into a leading manager of assets and investments across the real estate and financial services space. What was once solely a holder of MSRs, Rithm has grown to approximately $7 billion in equity, distributed over $4.0 billion in dividends, and now manages multiple operating companies and a diverse investment portfolio. We take great pride in being a steward of our shareholder capital and striving to generate attractive returns. Our success is driven by our strategic approach, focused on a diverse, complementary, and adaptable portfolio of investments that includes our operating companies, mortgage servicing rights, real estate securities, and other related opportunistic investments. Since our inception, we have built out our asset manufacturing capabilities with the addition of companies like Newrez and Genesis Capital, and have developed the right strategies to capture the value of each investment.
Stock Chart
REITMovers
REITMovers tracks the stock price and other indicators for all US REITs tracked by REITNotes during normal trading hours. This data is updated every 4 minutes during normal trading hours. Note: All prices have a 15 minute delay.
| Latest Price | High | Low | Open | Previous Close | Volume | Change $ | Change % |
|---|---|---|---|---|---|---|---|
| $10.67 | $11.00 | $10.66 | $10.82 | $10.70 | 4,606,039 | -$0.03 | -0.28% |
Last update: 2024-12-20 12:59:42 PST
REITRating™ Trend
REITRating™ is REITNotes' Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. See score breakdown. The graph below plots the overall REITRating™ score for the last trading days. See complete trend.
Dividend of Trading Day 2024-12-20
Annualized Dividend: $1*
Dividend Yield (TTM): 9.1%
Annualized Dividend (TTM): $1
Ex-Dividend Date: 2024-12-31
Dividend Date: 2024-11-01
Dividend Frequency: Quarterly
*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.
Latest REIT Press Releases
- Rithm Capital - Rithm Capital Corp. Declares Fourth Quarter 2024 Common and Preferred Dividends - Mon, 16 Dec 2024 21:33:22 UTC
- Rithm Capital - Rithm Capital Announces the Closing of Securitized Notes Backed by Mortgage Servicing Rights - Thu, 14 Nov 2024 21:15:16 UTC
- Rithm Capital - Rithm Capital and Newrez Pledge Support to Disaster Relief Efforts in Wake of Hurricanes Helene and Milton - Mon, 04 Nov 2024 23:34:42 UTC
- Rithm Capital - Rithm Capital Corp. Announces Third Quarter 2024 Results - Tue, 29 Oct 2024 10:45:36 UTC
- Rithm Capital - Rithm Capital Corp. Elects Ranjit Kripalani and William Addas to the Board of Directors - Tue, 29 Oct 2024 10:45:30 UTC
Key Stats of Trading Day 2024-12-20
EBITDA: N/A
P/E Ratio: 10.89
PEG Ratio: N/A
Book Value: 12.31
Dividend Per Share: $1.00
EPS: 0.98
Revenue Per Share TTM: $6.18
ProfitMargin: 19.20%
Operating Margin TTM: 6.90%
Return on Equity TTM: 7.80%
Revenue TTM: $3,006,456,000
Gross Profit TTM: $3,768,899,000
Diluted EPS TTM: $0.98
Quarterly Earnings Growth YOY: -50.60%
Quarterly Revenue Growth YOY: -16.60%
Trailing P/E: 10.89
Forward P/E: 5.50
Beta: 1.79
Price to Book Ratio: 0.87
EV to Revenue: 15.96
EV to EBITDA: N/A
Shares Outstanding: 519,732,000
52 Week High: $11.76
52 Week Low: $9.32
50 Day Moving Average: $10.83
200 Day Moving Average: $11.10
REIT Simulation
Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.
| With $1,000 USD | With $500 USD | With $250 USD | With $100 USD | With $50 USD | |
|---|---|---|---|---|---|
| Initial investment | @ $8.98 per share you would have been able to buy 111 shares of RITM on 2023-12-21 costing $996.78 | @ $8.98 per share you would have been able to buy 55 shares of RITM on 2023-12-21 costing $493.90 | @ $8.98 per share you would have been able to buy 27 shares of RITM on 2023-12-21 costing $242.46 | @ $8.98 per share you would have been able to buy 11 shares of RITM on 2023-12-21 costing $98.78 | @ $8.98 per share you would have been able to buy 5 shares of RITM on 2023-12-21 costing $44.90 |
| Current worth | On 2024-07-05 these 111 shares would be worth $1,169.94 @ $10.54 | On 2024-07-05 these 55 shares would be worth $579.70 @ $10.54 | On 2024-07-05 these 27 shares would be worth $284.58 @ $10.54 | On 2024-07-05 these 11 shares would be worth $115.94 @ $10.54 | On 2024-07-05 these 5 shares would be worth $52.70 @ $10.54 |
| Dividends earned | $138.75 in dividends would have been earned since 2023-12-21 with 111 shares. | $69 in dividends would have been earned since 2023-12-21 with 55 shares. | $33.75 in dividends would have been earned since 2023-12-21 with 27 shares. | $13.75 in dividends would have been earned since 2023-12-21 with 11 shares. | $6.25 in dividends would have been earned since 2023-12-21 with 55 shares. |
| Net (gain / loss)* | 311.91 USD | 154.55 USD | 75.87 USD | 30.91 USD | 14.05 USD |
| ROI** | 31.29% | 31.29% | 31.29% | 31.29% | 31.29% |
*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.
Dividend History
Below are the most recent cash dividends paid by RITM. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.
| Symbol | Ex Date | Cash Amount | Change in Dividend | Declaration Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| RITM | 2024-12-31 | 0.250 | --- | 2024-12-16 | 2024-12-31 | 2025-01-31 |
| RITM | 2024-10-01 | 0.250 | --- | 2024-09-20 | 2024-10-01 | 2024-11-01 |
| RITM | 2024-07-01 | 0.250 | --- | 2024-06-18 | 2024-07-01 | 2024-07-26 |
| RITM | 2024-03-28 | 0.250 | --- | 2024-03-20 | 2024-04-01 | 2024-04-26 |
| RITM | 2023-12-28 | 0.250 | --- | 2023-12-12 | 2023-12-29 | 2024-01-26 |
| RITM | 2023-09-28 | 0.250 | --- | 2023-09-14 | 2023-09-29 | 2023-10-27 |
| RITM | 2023-06-30 | 0.250 | --- | 2023-06-23 | 2023-07-03 | 2023-07-28 |
| RITM | 2023-03-30 | 0.250 | --- | 2023-03-17 | 2023-03-31 | 2023-04-28 |
| RITM | 2022-12-29 | 0.250 | --- | 2022-12-15 | 2022-12-30 | 2023-01-27 |
| RITM | 2022-10-03 | 0.250 | --- | 2022-09-22 | 2022-10-04 | 2022-10-28 |
| RITM | 2022-06-30 | 0.250 | --- | 2022-06-17 | 2022-07-01 | 2022-07-29 |
| RITM | 2022-04-01 | 0.250 | --- | 2022-03-21 | 2022-04-04 | 2022-04-29 |
| RITM | 2021-12-30 | 0.250 | --- | 2021-12-15 | 2021-12-31 | 2022-01-28 |
| RITM | 2021-10-01 | 0.250 | 25.00% | 2021-08-23 | 2021-10-04 | 2021-10-29 |
| RITM | 2021-07-01 | 0.200 | --- | 2021-06-17 | 2021-07-02 | 2021-07-30 |
| RITM | 2021-04-01 | 0.200 | --- | 2021-03-24 | 2021-04-05 | 2021-04-30 |
| RITM | 2020-12-30 | 0.200 | 33.33% | 2020-12-16 | 2020-12-31 | 2021-01-29 |
| RITM | 2020-10-02 | 0.150 | 50.00% | 2020-09-23 | 2020-10-05 | 2020-10-30 |
| RITM | 2020-07-01 | 0.100 | 100.00% | 2020-06-22 | 2020-07-02 | 2020-07-31 |
| RITM | 2020-04-14 | 0.050 | -90.00% | 2020-03-31 | 2020-04-15 | 2020-05-15 |
Financial Statements Overview
Balance Sheet | Quarterly
See Annual Balance Sheet | See Quarterly Balance Sheet
Income Statement | Quarterly
See Annual Income Statement | See Quarterly Income Statement
Cash Flow | Quarterly
See Annual Cash Flow | See Quarterly Cash Flow
REITRating™ Scorecard
| Rating | Dividend Section | Avg. Rating |
|---|---|---|
| 7 | Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. | 5.0 |
| 6 | Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. | 7.9 |
| Rating | AFFO & Efficiency Section | Avg. Rating |
| Rating | Leverage Section | Avg. Rating |
| 1 | Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. | 4.8 |
| 4 | Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. | 6.8 |
| Rating | Asset & Revenue Section | Avg. Rating |
| 3 | G&A Effeciency Level: Analysis of the REIT’s General and Administrative expenses in relationship to its Revenues. | 7.5 |
| 9 | G&A Effeciency Trend: Analysis of the Trend of the REIT’s General and Administrative expenses in relationship to its Revenues. | 8.3 |
| 10 | Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. | 7.3 |
| 9 | Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. | 6.3 |
| Rating | Properties Section | Avg. Rating |
| Rating | Market Cap Section | Avg. Rating |
| 5 | Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. | 5.5 |
| 5.7 | Overall REITRating™ Score (See trend) | 6.4 |
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.
Related REITs
| REIT | REITRating™ Score | Exchange | Market Capitalization | Sector | Country |
|---|---|---|---|---|---|
| AGNC Investment Corp. (AGNC) | 3.7 | NASDAQ | Mid-Cap | Mortgage | United States |
| Arbor Realty Trust, Inc. (ABR) | 6.9 | NYSE | Mid-Cap | Mortgage | United States |
| Blackstone Mortgage Trust, Inc. (BXMT) | 4.8 | NYSE | Mid-Cap | Mortgage | United States |
| Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) | 5.5 | NYSE | Mid-Cap | Mortgage | United States |
| Starwood Property Trust, Inc. (STWD) | 6.6 | NYSE | Mid-Cap | Mortgage | United States |
Last updated: 2024-12-21 - v5.8