Rithm Capital Corp. (RITM)
NYSE:RITM
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Earnings Data
Report Date
Aug 05, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.52Last Year’s EPS
0.54Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a largely positive operational and financial message: core businesses delivered strong performance (NewRez pretax earnings and ROE, Genesis origination growth, asset management inflows and fee growth, Elicor leasing progress, active securitizations and investments) and management emphasized disciplined credit and opportunities from market dislocations. The primary negatives were headline‑driven volatility in private credit markets, localized leasing/market exposure in San Francisco, some margin normalization in lending channels, regulatory uncertainty in build‑to‑rent, and ongoing complexity/valuation headwinds. Overall, the highlights materially outweigh the lowlights.Company Guidance
Solid Earnings and Capital Position
Reported non-GAAP EPS of $0.51 (earnings $28.6M) with a 17% ROE; GAAP net income $57.8M ($0.12 per diluted share) with a 4% ROE. Book value ended the quarter at $7.0B ($12.51 per share). Declared $0.25 dividend (10.5% yield) and ended the quarter with approximately $1.3B of cash and liquidity.
NewRez (Mortgage Company) Strong Performance
First-quarter pretax income (ex-MtM) of ~$274M, up 10% quarter-over-quarter and delivering a 19% annualized operating ROE. Servicing portfolio ~ $850B. Funded origination volume $15.5B, up 31% year-over-year. Consumer direct and wholesale comprised 37% of originations in Q1 (up 75% YoY). Projected additional ~15% reduction in cost-per-loan and estimated annual expense savings in excess of $65M from technology/platform transition.
Genesis Capital Record Production and Growth Outlook
Management reported a record quarter of originations (management cited approximately $1.3B–$1.6B funded in Q1) and added 118 new sponsors. Company expects full-year production of $6.5B–$7.0B and EBITDA of $150M–$175M (vs. ~$45M–$50M at acquisition in 2022). Credit performance described as strong with a disciplined underwriting approach.
Asset Management Momentum (Sculptor & Crestline)
Sculptor gross inflows of $600M and ending AUM of $37B. Crestline AUM ~ under $20B and management fee revenue grew 16% year-over-year in Q1. Reported track record performance metrics: Capital Solutions net ~13.5% since 2022 and direct lending ~12% net since 2023. Firm manages $60B for third parties and reports $110B+ of assets overall.
Elicor (formerly Paramount) Leasing and Operating Improvements
Portfolio leased ~1.7M sq ft in 2025 (record annual leasing). New York core portfolio leased occupancy 92.1% (up 470 bps YoY). San Francisco core portfolio leased occupancy 59.1% with ~280k sq ft executed/pending YTD (≈70% of 2025 SF leasing velocity). Weighted average initial rent for leases signed/pending $94.64/sq ft (reported +14.9% vs 2025 reference) and NYC initial rents YTD +4.2% vs 2025. Identified ~ $40M of annual management company EBITDA efficiencies since acquisition.
Active Investment and Securitization Activity
Completed ~$2B of non‑QM securitizations in the quarter. Invested ~$3B across mortgage assets (approx. $1.4B non‑QM and $1.6B residential transition loans). Purchased $140M of home‑improvement loans in the quarter (total purchases since Q3: $667M). Deployed over $2B in corporate credit and ABF investments; Real Estate Fund V committed $1B in Q1 following a $4.6B fundraise.
RITM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
RITM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $10.12 | $9.85 | -2.67% |
Feb 03, 2026 | $10.52 | $10.66 | +1.39% |
Oct 30, 2025 | $10.40 | $10.46 | +0.55% |
Jul 28, 2025 | $11.35 | $11.39 | +0.33% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Rithm Capital Corp. (RITM) report earnings?
Rithm Capital Corp. (RITM) is schdueled to report earning on Aug 05, 2026, Before Open (Confirmed).
What is Rithm Capital Corp. (RITM) earnings time?
Rithm Capital Corp. (RITM) earnings time is at Aug 05, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RITM EPS forecast?
RITM EPS forecast for the fiscal quarter 2026 (Q2) is 0.52.