SANTORO NICOLA JR sold $951K of RITM

Rithm Capital (RITM) reported Q3 2026 earnings, highlighting growth in AI initiatives, real estate, and asset management. The company manages $110B in investable assets, including $60B in third-party AUM, and expects future earnings growth. Key financials include $0.55 EPS, $217M net income, and an 11.2% dividend yield. The company aims to scale its asset management business and optimize its corporate structure.

Rithm Capital Corp (RITM) reported Q3 2026 EAD of $0.55 per share, exceeding dividends for 28 consecutive quarters. Newrez and Genesis performed well, with Newrez achieving 24% annualized ROE. The company targets $75-80B AUM by 2028 and expects $125M in annual savings from AI initiatives. However, it faces challenges from higher interest rates, declining origination volumes, and margin compression. Management expressed frustration with the stock's discount to book value.

Rithm Capital Corp. (RITM) aims for $75B-$80B in third-party AUM by 2028, expecting $125M in AI-driven savings from Newrez. CEO Nierenberg highlights resilience in Q3 despite wider credit markets and higher rates.

Rithm Capital (RITM) reported Q3 earnings, highlighting $125M annualized savings from tech/AI investments. It managed $60B in third-party assets and expects AUM to reach $75B-$80B by 2028. Real estate leasing activity accelerated, with 1M sq ft executed/pending leases. Genesis originated $1.5B in loans, targeting high-quality sponsors. Rithm's book value is expected to remain unchanged.

Rithm Capital Corp. (RITM) reported Q3 net income of $253.29M ($0.38/share), up from $56.29M ($0.04/share) in Q2. Revenue rose to $1.76B from $1.28B. Earnings available for distribution fell to $315.3M ($0.55/share) from $338.9M ($0.60/share). The dividend was maintained at $0.25/share. Shares gained 6.26% in premarket trading.

Rithm Capital (RITM) reported Q3 adjusted EPS of $0.55, beating estimates by $0.06, with revenue of $1.76B, up 37% QoQ. Shares rose 2.72% pre-market. AUM was $61B, with $569M in new inflows. Newrez had a 24% annualized ROE, and Genesis Capital saw a 25% YoY increase in origination volume. The company declared a $0.25 dividend, with book value per share at $12.51.