Rithm Capital Corp.

NYSE:RITM Stock Report

Market Cap: US$5.7b

Rithm Capital Past Earnings Performance

Past criteria checks 2/6

Rithm Capital has been growing earnings at an average annual rate of 35.9%, while the Mortgage REITs industry saw earnings growing at 9.1% annually. Revenues have been growing at an average rate of 25% per year. Rithm Capital's return on equity is 7.5%, and it has net margins of 16.1%.

Key information

35.9%

Earnings growth rate

35.0%

EPS growth rate

Mortgage REITs Industry Growth4.5%
Revenue growth rate25.0%
Return on equity7.5%
Net Margin16.1%
Last Earnings Update30 Sep 2024

Recent past performance 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

Revenue & Expenses Breakdown

How Rithm Capital makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:RITM Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 243,0064841,7660
30 Jun 243,1375811,6690
31 Mar 243,1587251,5630
31 Dec 232,7915331,4870
30 Sep 232,9547021,5040
30 Jun 232,9606321,6330
31 Mar 233,2142721,8470
31 Dec 224,4498652,1550
30 Sep 223,8329432,5130
30 Jun 224,1039652,5940
31 Mar 223,6781,0902,3990
31 Dec 214,2757052,1050
30 Sep 213,3126141,5450
30 Jun 212,8145451,3270
31 Mar 212,4324151,2970
31 Dec 20-122-1,4651,2090
30 Sep 2027-1,3211,3470
30 Jun 20-49-1,1751,3430
31 Mar 20-311-1,1981,1200
31 Dec 191,5555509530
30 Sep 191,1673397720
30 Jun 191,0662995450
31 Mar 191,1565054690
31 Dec 181,5329645990
30 Sep 181,8541,2522930
30 Jun 181,8521,2932090
31 Mar 182,1641,4402170
31 Dec 171,6059582040
30 Sep 171,4958942120
30 Jun 171,2987671850
31 Mar 178765141360
31 Dec 167965041220
30 Sep 165723821030
30 Jun 16468338960
31 Mar 164593441000
31 Dec 15389269940
30 Sep 153622201010
30 Jun 154542921060
31 Mar 155593401090
31 Dec 145653531010
30 Sep 14581379830
30 Jun 14475316710
31 Mar 14357302490
31 Dec 13308266420

Quality Earnings: RITM has high quality earnings.

Growing Profit Margin: RITM's current net profit margins (16.1%) are lower than last year (23.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: RITM's earnings have grown significantly by 35.9% per year over the past 5 years.

Accelerating Growth: RITM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: RITM had negative earnings growth (-31%) over the past year, making it difficult to compare to the Mortgage REITs industry average (5.3%).

Return on Equity

High ROE: RITM's Return on Equity (7.5%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 14:50
End of Day Share Price 2024/12/20 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 23 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