Rithm Capital Completes $500 Million Senior Notes Offering

An update from Rithm Capital ( (RITM) ) is now available.

On May 14, 2026, Rithm Capital closed a $500 million private offering of 8.500% senior unsecured notes due June 1, 2031, which are pari passu with its other senior unsecured debt and structurally subordinated to non-guarantor subsidiaries’ obligations. The notes, which are unregistered under the Securities Act, carry semi-annual interest payments beginning December 1, 2026, include change-of-control and mortgage business trigger put rights at 101% of principal, feature a tiered call schedule from 2028, and will fund general corporate purposes, potentially including repayment of existing debt, under an indenture that also restricts leverage and requires specified unencumbered asset coverage.

The most recent analyst rating on (RITM) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on Rithm Capital stock, see the RITM Stock Forecast page.

Spark’s Take on RITM Stock

According to Spark, TipRanks’ AI Analyst, RITM is a Neutral.

The score is held back primarily by high leverage and, especially, recent negative operating/free cash flow despite positive earnings. Offsetting factors include a favorable income-oriented valuation (high dividend yield, reasonable P/E) and a generally positive earnings-call outlook with concrete targets and strong segment execution, while technicals appear mostly neutral.

To see Spark’s full report on RITM stock, click here.

More about Rithm Capital

Rithm Capital Corp. operates in the financial services sector, focusing on capital markets and debt financing activities. The company issues unsecured and secured debt instruments to support its corporate funding needs and maintain flexibility in managing its balance sheet and capital structure.

Average Trading Volume: 10,092,260

Technical Sentiment Signal: Hold

Current Market Cap: $5.39B

Learn more about RITM stock on TipRanks’ Stock Analysis page.