Rithm Capital Corp.

NYSE:RITM Stock Report

Market Cap: US$5.7b

Rithm Capital Management

Management criteria checks 1/4

Rithm Capital's CEO is Michael Nierenberg, appointed in Nov 2013, has a tenure of 11.08 years. total yearly compensation is $20.16M, comprised of 6.2% salary and 93.8% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth $18.02M. The average tenure of the management team and the board of directors is 1.2 years and 3.1 years respectively.

Key information

Michael Nierenberg

Chief executive officer

US$20.2m

Total compensation

CEO salary percentage6.2%
CEO tenure11.1yrs
CEO ownership0.3%
Management average tenure1.2yrs
Board average tenure3.1yrs

Recent management updates

Recent updates

Rithm Capital: 9% Yield, 2.2x Dividend Coverage, Upside

Dec 16

Rithm Capital: A Strong And Cheap 9% Yielder

Dec 01

Rithm Capital: High-Yield Bargain Opportunity

Aug 14

Rithm: A Bargain With Rich Dividend Yields

Aug 03

2 Rithm Capital Preferred Stocks Poised For Big Returns

May 29

Rithm: Get Paid 8.79% As Investors Await Its Transition

May 16

Rithm Capital: Look Beyond The ~9% Dividend Yield

Mar 26

Rithm Capital: This 10% Yield Is On Sale

Feb 22

Rithm Capital: Recent Acquisitions Support Its High-Dividend Yield

Jan 10

Rithm Capital: A Magnificent, Bargain-Priced 10% Yield

Nov 23

Rithm Capital: Deep Value, 11% Covered Yield, 26% BV Discount

Oct 31

Rithm Capital PFD D: Maybe No Longer The Best Choice - Swap Time?

Oct 18

Should You Buy Rithm Capital For Its 11% Yield?

Oct 04

Rithm Capital: The Dividend Lesson

Sep 26

Rithm Capital: This 9.8% Yielding Mortgage Trust Now Has A Catalyst

Jul 27

Rithm Capital: I Sold The Preferreds To Buy The 11% Yielding Commons

Jun 14

Rithm Capital: This Huge 12% Mortgage Yield Is Sustainable

May 25

Rithm Capital: Out-Of-Touch 21% BV Discount For A Covered 10.5% Yield

Feb 20

Rithm Capital Non-GAAP EPS of $0.33 beats by $0.04, revenue of $762.4M beats by $12.26M

Feb 08

Rithm Capital: Your Next Purchase Could Yield You 11.9%

Dec 22

Rithm Capital declares $0.25 dividend

Dec 15

Rithm Capital: The Preferreds Move Better

Dec 07

Rithm Capital: Don't Become A Panic Seller Now

Oct 19

CEO Compensation Analysis

How has Michael Nierenberg's remuneration changed compared to Rithm Capital's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$484m

Jun 30 2024n/an/a

US$581m

Mar 31 2024n/an/a

US$725m

Dec 31 2023US$20mUS$1m

US$533m

Sep 30 2023n/an/a

US$702m

Jun 30 2023n/an/a

US$632m

Mar 31 2023n/an/a

US$272m

Dec 31 2022US$9mUS$654k

US$865m

Compensation vs Market: Michael's total compensation ($USD20.16M) is above average for companies of similar size in the US market ($USD7.97M).

Compensation vs Earnings: Michael's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Michael Nierenberg (61 yo)

11.1yrs

Tenure

US$20,160,023

Compensation

Mr. Michael Nierenberg is Chief Executive Officer and Director of Rithm Property Trust Inc. (formerly known as Great Ajax Corp.) from June 11, 2024. Mr. Nierenberg was Independent Director of Rithm Propert...

Leadership Team

NamePositionTenureCompensationOwnership
Michael Nierenberg
Chairman11.1yrsUS$20.16m0.32%
$ 18.0m
Nicola Santoro
CFO, Chief Accounting Officer & Treasurer9.3yrsUS$2.68mno data
Philip Sivin
MD & Chief Counsel for M&A and strategic transactionsless than a yearUS$1.47m0.0013%
$ 70.9k
David Zeiden
Chief Legal Officerless than a yearno datano data
Charles Sorrentino
Managing Directorno datano datano data
Varun Wadhawan
Managing Directorno datano datano data
Sanjeev Khanna
Managing Directorno datano datano data
Kenneth Bruce
Managing Directorless than a yearno datano data
Satish Mansukhani
Managing Director of Investment Strategy1.6yrsno datano data
Martin Migliara
Managing Directorno datano datano data
Peter Sibilia
Managing Directorno datano datano data
Paul Gross
Managing Directorno datano datano data

1.2yrs

Average Tenure

54yo

Average Age

Experienced Management: RITM's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Michael Nierenberg
Chairman11.1yrsUS$20.16m0.32%
$ 18.0m
William Addas
Independent Directorless than a yearno datano data
David Saltzman
Independent Director11.7yrsUS$295.00k0.021%
$ 1.2m
Ranjit Kripalani
Independent Directorless than a yearno datano data
Kevin Finnerty
Independent Director11.7yrsUS$285.00k0.062%
$ 3.5m
Peggy Hwan Hebard
Independent Director1.9yrsUS$287.00k0.013%
$ 711.1k
Patrice Le Melle
Independent Director3.1yrsUS$275.00k0.0079%
$ 446.1k

3.1yrs

Average Tenure

64yo

Average Age

Experienced Board: RITM's board of directors are considered experienced (3.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 05:37
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Rithm Capital Corp. is covered by 24 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Mark DeVriesBarclays
Mark DeVriesBarclays