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Rithm Property Trust (RPT) Stock News

RPT NYSE

Rithm Property Trust Inc. reports developments for a real estate investment trust organized as a Maryland corporation and externally managed by an affiliate of Rithm Capital Corp. The company follows a flexible commercial real estate-focused investment strategy and communicates operating results using measures such as GAAP comprehensive income or loss, earnings available for distribution, dividends and book value.

Recurring news for RPT includes quarterly and annual earnings releases, common and preferred stock dividend declarations, tax treatment of distributions, stock repurchase authorization updates and other capital actions tied to its listed common stock and 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock.

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Rithm Property Trust (NYSE: RPT) reported third-quarter 2026 GAAP comprehensive income attributable to common stockholders of $1.3 million. Diluted comprehensive income per share rose to $0.17 from $0.08 in Q2, while net income attributable to common stockholders increased to $1.822 million from $715,000. Non-GAAP earnings available for distribution reached $0.23 per diluted share, versus a $0.01 loss. Book value was $29.82 per common share.

Paydowns of three residential mortgage-backed securitizations generated $20.7 million in net cash after related financing repayments. The company purchased another $97.0 million in unpaid principal balance of Genesis Capital-originated residential transition loans, with a $29.6 million unfunded commitment. Cash fell to $45.254 million from $66.703 million. A $0.36 common dividend is payable November 30, 2026, to holders of record October 30.

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Rithm Property Trust (NYSE: RPT) will release its third-quarter 2026 financial results on October 21, 2026, after trading closes.

The results cover the period ended September 30, 2026, and will be available in the Quarterly Results section of the company's website. Rithm Property Trust will not host a conference call to discuss the results.

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Rithm Property Trust (NYSE: RPT, RITM) reported second quarter 2026 GAAP comprehensive income of $645 thousand, or $0.08 per diluted common share, versus a loss of $3.2 million, or $(0.42) per share, in Q1 2026. Net income attributable to common stockholders was $715 thousand, or $0.09 per diluted share.

Earnings available for distribution, a non-GAAP metric, were $(46) thousand, or $(0.01) per diluted share, compared with $(307) thousand, or $(0.04) per share, in Q1. The Company declared a common dividend of $0.36 per share, totaling $2.8 million, unchanged quarter over quarter. Book value per common share was $30.17 based on 7.77 million shares outstanding.

Total assets were $928.7 million and total liabilities $643.9 million, resulting in total stockholders’ equity of $284.8 million at June 30, 2026.

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Rithm Property Trust (NYSE: RPT, RITM) will release its second quarter 2026 financial results for the period ended June 30, 2026, on Tuesday, July 28, 2026, after the NYSE market close, followed by a management conference call at 5:00 P.M. Eastern Time.

The earnings release and webcast, including replay access through July 28, 2027, will be available in the Events & Presentations section of the company’s website, with participants encouraged to pre-register via the provided Q4 webcast link.

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Rithm Property Trust (NYSE: RPT) has commenced a public offering of its common stock. The company expects to grant underwriters a 30-day option to purchase up to an additional 15% of the shares sold to cover over-allotments. Goldman Sachs, RBC Capital Markets, UBS Investment Bank, Wells Fargo Securities, BTIG, Keefe, Bruyette & Woods and Piper Sandler are acting as joint book-running managers.

An affiliate of Rithm Capital has indicated interest in purchasing common shares and, in certain circumstances, non-voting convertible preferred shares in a concurrent private placement at the public offering price. According to Rithm Property Trust, net proceeds from the Offering and the concurrent private placement, along with cash on hand and repurchase facility borrowings, are intended primarily to fund the acquisition of a portfolio of multifamily residential transition loans from Rithm Capital affiliates, and for other investments and general corporate purposes.

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Rithm Property Trust (NYSE:RPT) declared its second quarter 2026 common and preferred stock dividends. The Board approved a $0.36 per share cash dividend on common stock, payable July 31, 2026, to holders of record July 7, 2026.

The Board also declared a $0.6171875 per share dividend on its 9.875% Series C preferred shares, payable August 17, 2026, to stockholders of record August 1, 2026 (effective record date July 31, 2026).

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Rithm Property Trust (NYSE: RPT) reported Q1 2026 results for the quarter ended March 31, 2026. GAAP comprehensive loss of $3.2 million or $0.42 per diluted share. Earnings available for distribution were $(0.3) million or $(0.04) per diluted share. The company paid a common dividend of $0.36 per share and reported book value per common share of $30.83.

Balance sheet changes included total assets of $930.6 million, cash and cash equivalents of $96.3 million, and a decline in commercial mortgage-backed securities to $151.3 million.

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Rithm Property Trust (NYSE: RPT) declared first quarter 2026 dividends for both common and Series C preferred shares. The Board approved a $0.36 per-share cash dividend on common stock, payable May 29, 2026, to holders of record as of May 15, 2026.

For Series C preferred shares, the Board declared a $0.6171875 per-share dividend, payable May 15, 2026, to holders of record as of May 1, 2026.

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Rithm Property Trust (NYSE: RPT) will release its first quarter 2026 financial results for the period ended March 31, 2026 on Friday, April 24, 2026 before the NYSE opens. Management will host a conference call the same day at 8:00 A.M. ET.

An earnings release and replay will be posted in the company’s Events & Presentations section; investors are advised to pre-register for the live webcast and allow time to download required software.

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Rithm Property Trust (NYSE:RPT) announced its Board authorized a program to repurchase up to $10 million of common stock through March 1, 2027. Repurchases may occur in the open market, via block trades or privately negotiated transactions and may be started, suspended or ended at any time. The program replaces any prior authorization and does not obligate the company to buy shares.

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FAQ

What is the current stock price of Rithm Property Trust (RPT)?

Rithm Property Trust (RPT) last closed at $10.89.

What is the market cap of Rithm Property Trust (RPT)?

The market cap of Rithm Property Trust (RPT) is approximately $84.6M.