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Rithm Capital Corporation - RITM STOCK NEWS

Welcome to our dedicated news page for Rithm Capital Corporation (Ticker: RITM), a resource for investors and traders seeking the latest updates and insights on Rithm Capital Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Rithm Capital Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Rithm Capital Corporation's position in the market.

News
KBRA Assigns Preliminary Ratings to New Residential Mortgage Loan Trust 2024-NQM1 (NRMLT 2024-NQM1)
Rhea-AI Summary
KBRA assigns preliminary ratings to 6 classes of mortgage-backed notes from NRMLT 2024-NQM1 sponsored by Rithm Capital Corp. The non-prime RMBS transaction is worth $281.9 million, collateralized by 610 residential mortgages with borrowers possessing a non-zero WA original credit score of 739. The loans are seasoned approximately five months, with 98.9% fixed-rate mortgages and 1.1% adjustable-rate mortgages. NRMLT 2024-NQM1 has a WA original loan-to-value (LTV) of 73.6% and 8.4% of the pool has an initial interest-only period.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
Tags
none
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News
Rithm Capital Corp. Announces Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Rithm Capital Corp. (NYSE: RITM) reported a GAAP net loss of ($87.5) million for the fourth quarter of 2023, with a full year GAAP net income of $532.7 million. The company also announced a new stock repurchase program of up to $200 million of common stock and up to $100 million of preferred stock through December 31, 2024. Rithm Capital's acquisition of Sculptor Capital and the agreement with Computershare Limited are key highlights.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.78%
Tags
earnings
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News
Rithm Capital Corp. Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
Rhea-AI Summary
Rithm Capital Corp. (NYSE:RITM) will release its Q4 and full year 2023 financial results on February 7, 2024. A conference call will be hosted by management, and a webcast will be available to the public. Interested parties can access the call and earnings release on the company's website. A telephonic replay will also be available for a limited time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.64%
Tags
earnings
News
Rithm Capital Corp. Announces Treatment of 2023 Taxable Dividends
Rhea-AI Summary
Rithm Capital Corp. (NYSE:RITM) announced the tax treatment of its common and preferred stock dividends taxable in 2023. Taxable dividends for common stock were approximately $1.25 per share, while for preferred stock, dividends ranged from $1.78 to $1.87 per share. Stockholders are advised to consult their tax advisors for the proper tax treatment of their shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.64%
Tags
dividends
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News
David Werner Real Estate Investments Secures Long-term Lease Extension with Dow at Collegeville, Pennsylvania Life Sciences Campus
Rhea-AI Summary
David Werner Real Estate Investments (DWREI) announced a long-term lease extension with Dow at its life sciences and office campus in Collegeville, Pa. Dow has agreed to an extension of its lease term for approximately 800,000 square feet. The campus includes 14 interconnected office, life science, and mixed-use office buildings across 340 acres. The repositioning of this facility into a world-class center of innovation in life sciences research is expected to tap into the sustained growth of the life sciences industry and the consistent demand for best-in-class research facilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
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none
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News
Rithm Capital Corp. Declares Fourth Quarter 2023 Common and Preferred Dividends
Rhea-AI Summary
Rithm Capital Corp. (NYSE:RITM) announced the declaration of fourth quarter 2023 common and preferred stock dividends. The common stock dividend of $0.25 per share is payable on January 26, 2024, while the preferred stock dividends for Series A, Series B, Series C, and Series D are payable on February 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.09%
Tags
dividends earnings
News
Rithm Capital Corp. Completes Acquisition of Sculptor Capital Management
Rhea-AI Summary
Rithm Capital Corp. (NYSE: RITM) has completed the acquisition of Sculptor Capital Management Inc. for $12.70 per Class A share, totaling approximately $719.8 million. Following the transaction, Sculptor's common stock will be delisted from the New York Stock Exchange. The acquisition aims to create a superior global asset management business focused on delivering long-term value for shareholders and fund investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.1%
Tags
acquisition
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News
Rithm Capital Partners with Darwin Homes to Form Innovative Single-Family Rental Management Technology Platform
Rhea-AI Summary
Rithm Capital and Darwin Homes announce a strategic partnership to establish Adoor Property Management LLC, a new property management platform for Rithm's build-to-rent and single-family rental homes. The partnership will leverage Darwin's technology platform to enhance operational efficiencies and the resident experience. The goal is to grow the portfolio of high-quality homes and meet the demand for accessible and affordable rental housing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.67%
Tags
partnership
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News
The Founding Partners of Sculptor Capital Enter Into Agreement With Rithm Capital to Support Increased Offer to Benefit All Sculptor Shareholders
Rhea-AI Summary
Sculptor Capital Management Founding Partners announce agreement to support Rithm Capital Corp.'s increased offer to acquire Sculptor for $12.70 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.54%
Tags
none
News
Rithm Capital Corp. Enters into Amended Merger Agreement to Acquire Sculptor Capital Management For $12.70 Per Sculptor Class A Share
Rhea-AI Summary
Rithm Capital Corp. and Sculptor Capital Management Inc. have amended their merger agreement, with Rithm acquiring Sculptor for $12.70 per share, representing a 13.9% increase over the original bid. The transaction has a value of approximately $719.8 million and offers a premium of 49.4% over the unaffected share price. Daniel S. Och and other former EMDs have agreed to vote their shares in favor of the transaction and dismiss their pending litigation. The transaction is expected to close shortly after the Sculptor stockholders' meeting on November 16, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.54%
Tags
acquisition
Stock RITM logo
Rithm Capital Corporation

NYSE:RITM

RITM Rankings

#1144 Ranked by Market Cap
#1360 Ranked by Stock Gains
#261 Ranked by Dividends

RITM Stock Data

5.13B
480.37M
0.46%
47.88%
1.57%
Other Financial Vehicles
Finance and Insurance
Link
US
New York

About RITM

new residential investment corp. (nyse: nrz) is a real estate investment trust that focuses on opportunistically investing in, and actively managing, investments primarily related to residential real estate. we target investments in: (1) excess mortgage servicing rights (“excess msrs”), (2) residential mortgage backed securities (“rmbs”), (3) residential mortgage loans and (4) other opportunistic investments. we believe that unfolding developments in the approximately $19 trillion u.s. residential housing market are generating significant investment opportunities. for example, in the aftermath of the u.s. financial crisis, the residential mortgage industry is undergoing major structural changes that are transforming the way mortgages are originated, owned and serviced. these changes are creating a compelling set of investment opportunities. we believe that new residential is one of only a select number of market participants that have the combination of capital, industry experience and