Rithm Capital (RITM) Stock News

Rithm Capital (NYSE:RITM) has scheduled its second quarter 2025 financial results announcement for Monday, July 28, 2025, before the NYSE market opening. The company will host a conference call at 8:00 A.M. Eastern Time on the same day.

Investors can access the conference call by dialing 1-833-974-2382 (U.S.) or 1-412-317-5787 (international). A simultaneous webcast will be available on the company's website. A replay will be accessible until August 4, 2025, via phone and the company's website.

Rithm Capital Corp. (NYSE: RITM) has received preliminary ratings from KBRA for its $488.4 million non-prime RMBS transaction through New Residential Mortgage Loan Trust 2025-NQM4. The transaction consists of 938 residential mortgages with strong borrower profiles, featuring a weighted average credit score of 752.

The mortgage pool demonstrates solid fundamentals with a weighted average original LTV of 70.1% and CLTV of 70.2%. The loans are primarily originated by NewRez LLC (35.8%) and Champions Funding, LLC (25.7%), with all servicing handled by Shellpoint Mortgage Servicing. The pool comprises 100% fixed-rate mortgages, with 6.6% having an initial interest-only period.

Rithm Property Trust (NYSE: RPT) has scheduled its second quarter 2025 earnings release and conference call. The company will release its Q2 2025 financial results for the period ended June 30, 2025, on Thursday, July 24, 2025 after market close.

Management will host a conference call the same day at 5:00 P.M. Eastern Time. Investors can access the webcast through the company's website at www.rithmpropertytrust.com. A replay will be available until August 7, 2025 in the Events & Presentations section.

Rithm Capital Corp (NYSE:RITM) has declared dividends for Q2 2025 for both common and preferred stockholders. The company will pay a common stock dividend of $0.25 per share on July 31, 2025, to shareholders of record as of June 30, 2025. For preferred stockholders, the company declared floating-rate dividends for Series A ($0.6638017 per share at 10.390%), Series B ($0.6534517 per share at 10.228%), and Series C ($0.6105823 per share at 9.557%), as well as a fixed-rate Series D dividend ($0.4375000 per share at 7.000%). All preferred stock dividends will be paid on August 15, 2025, to shareholders of record on August 1, 2025.

Rithm Capital (NYSE: RITM) has successfully closed NRMLT 2025-NQM3, a $504 million securitization backed by non-qualified residential mortgage loans. The securitization comprises 1,039 residential mortgages with strong credit metrics, including a weighted average credit score of 750 and a loan-to-value ratio of 70.06%. The deal was rated by S&P and KBRA, with tranches from AAA to B, and was structured by Barclays with multiple joint bookrunners. Serviced by Rithm's subsidiary Newrez LLC, this marks the company's third Non-QM transaction in 2025. Rithm Capital has established itself as a leading Non-QM issuer with approximately $7.7 billion in unpaid principal balance across 23 deals.

Rithm Capital Corp. (NYSE: RITM) has announced the pricing of $500 million in senior unsecured notes with an 8.000% interest rate, maturing in 2030. The company plans to use the proceeds to redeem its outstanding 6.250% senior unsecured notes due 2025, with remaining funds allocated for general corporate purposes, including potential debt repayment. The offering is expected to close on June 20, 2025, and is being offered exclusively to qualified institutional buyers under Rule 144A and international investors under Regulation S of the Securities Act. The notes will not be registered under the U.S. Securities Act of 1933 and will not have registration rights.

Rithm Capital Corp (NYSE: RITM) has announced plans to offer $500 million in senior unsecured notes due 2030. The company intends to use the proceeds to redeem its outstanding 6.250% senior unsecured notes due 2025, with remaining funds allocated for general corporate purposes, including potential repayment of other debt. The notes will be offered exclusively to qualified institutional buyers under Rule 144A of the Securities Act and to international investors under Regulation S, as they will not be registered under the U.S. Securities Act of 1933.

KBRA has assigned preliminary ratings to 8 classes of mortgage-backed notes from New Residential Mortgage Loan Trust 2025-NQM3, a $504.3 million non-prime RMBS transaction sponsored by Rithm Capital Corp (NYSE: RITM). The trust consists of 1,039 residential mortgages originated primarily by Champions Funding (31.0%) and NewRez LLC (24.2%). The loan pool features strong borrower characteristics with a weighted average credit score of 750 and weighted average LTV/CLTV of 70.1%. The portfolio comprises predominantly fixed-rate mortgages (99.7%) with a small portion of ARMs (0.3%), and 6.8% of loans have an initial interest-only period. The loans are relatively new, with approximately two months of seasoning.

Rithm Property Trust (NYSE: RPT) reported its Q1 2025 financial results with GAAP comprehensive income of $1.1 million ($0.02 per diluted share), down from $2.2 million in Q4 2024. The company posted earnings available for distribution of $0.7 million ($0.02 per diluted share) and paid a common dividend of $2.7 million ($0.06 per share).

During Q1 2025, RPT deployed $64 million in capital, including $46.7 million in CMBS acquisitions and $17.5 million in a floating rate senior mortgage loan in NYC. The company issued 2.08 million shares of 9.875% Series C Preferred Stock, raising net proceeds of $50.8 million. Additionally, RPT sold legacy RMBS worth $20.7 million, reducing its RMBS portfolio to $101.1 million UPB.

The company's book value per share decreased slightly to $5.40 from $5.44 in the previous quarter, with total equity of $295.9 million.