Rithm Capital (RITM) News Today

Rithm Capital Corp. (NYSE: RITM) moved higher after its second-quarter 2026 results showed stronger-than-expected distributable earnings and continued growth in asset management, although revenue and GAAP net income were weaker than some headline figures suggest.

• Positive Sentiment: Rithm reported second-quarter earnings available for distribution of $338.9 million, or $0.60 per diluted share, exceeding the $0.50 analyst consensus and rising from $0.54 a year earlier. Rithm Q2 Earnings Top Estimates
• Positive Sentiment: Rithm Asset Management’s assets under management increased to approximately $61 billion from $59 billion in the first quarter, supporting the company’s strategy of building a diversified, fee-generating owner-operator platform. Rithm Capital Q2 Earnings and AUM Growth
• Positive Sentiment: Newrez generated $307.6 million of pre-tax operating income excluding specified non-operating items. Origination production reached $15.9 billion, while Genesis Capital’s origination volume rose 52% year over year to $1.9 billion. Rithm Capital Q2 Operating Results
• Positive Sentiment: The company declared a common dividend of $0.25 per share and reported book value of $12.33 per common share, both relevant to income-focused investors. Brokerages set an average price target of $13.20, implying potential upside based on the cited coverage. Brokerages Set Rithm Capital Target Price
• Neutral Sentiment: Management highlighted resilient performance despite an uncertain macroeconomic and housing-market environment, with strategic investments and asset-management inflows helping offset market challenges. Rithm Capital Q2 Earnings Call Highlights
• Negative Sentiment: Total revenue was $1.282 billion, below the $1.43 billion consensus estimate. GAAP net income attributable to common stockholders fell to $20.2 million, or $0.04 per share, underscoring the difference between reported GAAP results and the stronger non-GAAP distributable earnings figure. Rithm Capital Announces Second Quarter Results