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Rithm Capital Corp. - $RITM STOCK NEWS

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

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'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's position in the market.

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%
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none
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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
-
Rhea-AI Summary
Rithm Capital Corp. reports Q3 2023 financial highlights, including GAAP net income of $193.9 million and earnings available for distribution of $280.8 million. The company expects to close the Sculptor transaction and acquire Specialized Loan Servicing for $720 million. Newrez Combined Origination & Servicing segment reports pre-tax income of $412.5 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.68%
Tags
Rhea-AI Summary
Rithm Capital Corp. issues a statement in response to a complaint filed by the Former EMD Group. Rithm strongly disagrees with the allegations and remains committed to the pending transaction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.91%
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none
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Rhea-AI Summary
Rithm Capital Corp. to release Q3 2023 financial results and host conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.91%
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Rhea-AI Summary
True hires Molly Gonzales as partner in Private Equity and Finance practices
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.29%
Tags
management
Rhea-AI Summary
Rithm and Sculptor amend merger agreement, increasing price per share by 7.62% to $12.00
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.37%
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-
Rhea-AI Summary
Rithm Capital to acquire Computershare Mortgage Services and SLS for $720 million, growing Newrez's third-party servicing business to $180 billion. Acquisition includes $136 billion in unpaid principal balance of mortgage servicing rights, $85 billion of which is third-party servicing. Positive for Rithm's shareholders and Newrez's platform.
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Rhea-AI Sentiment
End-of-Day
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Rhea-AI Summary
Rithm Capital Corp. declares third quarter 2023 dividends for common and preferred stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.59%
Tags
dividends earnings
Rhea-AI Summary
Sculptor Capital Management rejects $12.76 per share offer from Bidder J consortium and supports $11.15 per share offer from Rithm Capital Corp.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
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none
Rithm Capital Corp.

NYSE:RITM

RITM Rankings

RITM Stock Data

5.59B
480.37M
0.46%
47.88%
1.57%
Other Financial Vehicles
Finance and Insurance
Link
United States of America
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