Date | Price Target | Rating | Analyst |
---|---|---|---|
12/6/2023 | $12.50 | Buy | UBS |
12/16/2022 | $12.00 | Buy | B. Riley Securities |
9/30/2022 | $10.00 → $9.00 | Underweight → Neutral | Piper Sandler |
SC 13G/A - Rithm Capital Corp. (0001556593) (Subject)
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SC 13D/A - Rithm Capital Corp. (0001556593) (Filed by)
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Great Ajax Corp. (NYSE:AJX, the "Company"))), a real estate investment trust, announced today that its board of directors has fixed a record date of April 22, 2024 for its 2024 meeting of stockholders (the "Meeting") to, among other things, consider and vote upon certain matters relating to the previously announced strategic transaction (the "Transaction") by and between the Company and Rithm Capital Corp. (together with its subsidiaries, "Rithm"). At the Meeting, the Company will seek stockholder approval for the following actions: (1) the issuance of common stock to certain exchanging investors in excess of the 19.99% cap imposed by the New York Stock Exchange rules; (2) the issuance of
Rithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company")) today announced the tax treatment of its common and preferred stock dividends deemed taxable in 2024. Common Stock Dividends During 2024, taxable dividends for Rithm Capital's common stock (CUSIP #64828T201) were approximately $1.00000 per share. The following table summarizes the tax treatment for common stock distributions. Record Pay Ordinary Qualified Section 199A Long-Term Return of Date Date(1) Form Dividend Dividend(3) Dividend(4) Capital Gain Capital Total Q1'24 04/01/24
Rithm Property Trust Inc. (formerly known as Great Ajax Corp.) (NYSE:RPT, "Rithm Property Trust" or the "Company")) today announced the following financial results for the quarter ended December 31, 2024. Fourth Quarter Financial Highlights: GAAP net income attributable to common stockholders of $2.9 million, or $0.06 per diluted share1 Earnings available for distribution of $0.3 million or $0.01 per diluted common share1,2 Book value per common share of $5.44 at December 31, 20241 Paid a common dividend of $2.8 million, or $0.06 per common share Q4 2024 Q3 2024 Summary of Operating Results:
Rithm Property Trust (NYSE:RPT, "RPT" or the "Company")) today announced the tax treatment of its 2024 common stock distributions. Common Stock Dividends During 2024, Rithm Property Trust's common stock (CUSIP #38983D300) distributions were $0.28000 per share and the distributions consisted of a return of capital. The following table summarizes the tax treatment for 2024 common stock distributions. Record Date Pay Date Form Ordinary Dividend Qualified Dividend Section 199A Dividend Long-Term Capital Gain Return of Capital Total Q1'24 03/15/24 03/29/24 Cash $0.00000 $0.00000
Rithm Capital Corp. (NYSE:RITM, "Rithm Capital, " "Rithm" or the "Company")) announced today that it will release its fourth quarter and full year 2024 financial results for the period ended December 31, 2024 on Thursday, February 6, 2025 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on Thursday, February 6, 2025 at 8:00 A.M. Eastern Time. A copy of the earnings release will be posted to the Investors – News section of the Company's website, www.rithmcap.com. The conference call may be accessed by dialing 1-833-974-2382 (from within the U.S.) or 1-412-317-5787 (from outside of the U.S.) ten minutes prior to the scheduled start of
Rithm Property Trust Inc. (NYSE:RPT, "Rithm Property Trust" or the "Company")) announced today that it will release its fourth quarter 2024 financial results for the period ended December 31, 2024 on Thursday, January 30, 2025 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on Thursday, January 30, 2025 at 8:00 A.M. Eastern Time. A copy of the earnings release will be posted to the News & Events – Press Releases section of the Company's website, www.rithmpropertytrust.com. The conference call may be accessed by dialing 1-888-596-4144 (from within the U.S.) or 1-646-968-2525 (from outside of the U.S.) ten minutes prior to the schedul
Rithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company")) announced today that its Board of Directors (the "Board") has declared fourth quarter 2024 common and preferred stock dividends. Common Stock Dividend The Board declared a dividend of $0.25 per share of common stock for the fourth quarter 2024. The fourth quarter common stock dividend is payable on January 31, 2025, to shareholders of record on December 31, 2024. Preferred Stock Dividends In accordance with the terms of Rithm Capital's Series A Cumulative Redeemable Preferred Stock ("Series A"), the Board declared a Series A dividend for the fourth quarter 2024 of $0.6763961 per share, which reflects a rate of 10.587
$461 Million Non-Recourse Fixed Note Offering Represents Another Innovation in MSR Financing Rithm Capital Corp. (NYSE:RITM, "Rithm Capital" or "Rithm")), a leading sponsor of structured MSR-backed capital market notes, today announced it has successfully closed NZES 2024-FNT1, a $461 million securitized financing note backed by mortgage servicing rights ("MSRs"). Leveraging Rithm's scale, strong servicing performance and high-quality collateral, this first-of-its-kind, single-tranche non-recourse transaction provides fixed financing over the term of the expected life of the assets of 3 years. The $461 million transaction was over-subscribed and represents a significant increase from an
Commitment of $500,000 to support Habitat for Humanity and Newrez Employee Emergency Disaster Fund Newrez Joins Relief Efforts Led by Dave Matthews Band, Warren Haynes Band and Other Artists as a Corporate Sponsor of Upcoming SOULSHINE Concert Rithm Capital Corp. (NYSE:RITM, "Rithm Capital" or "Rithm")), a leading alternative asset manager, pledged a commitment of $500,000 to support disaster response efforts in the devastating wake of Hurricanes Helene and Milton through its wholly owned subsidiary Newrez LLC ("Newrez"), a leading mortgage lender and servicer. Funding will directly support Habitat for Humanity and the Newrez Employee Emergency and Disaster (NEED) Fund. "Our thoughts are
Rithm Capital Corp. (NYSE:RITM, "Rithm Capital, " "Rithm" or the "Company")) today reported the following information for the third quarter ended September 30, 2024: Third Quarter 2024 Financial Highlights: GAAP net income of $97.0 million, or $0.20 per diluted common share(1) Earnings available for distribution of $270.3 million, or $0.54 per diluted common share(1)(2) Common dividend of $129.9 million, or $0.25 per common share Book value per common share of $12.31(1) Q3 2024 Q2 2024 Summary Operating Results: GAAP Net Income per Diluted Common Share(1) $ 0.20 $ 0.43 GAAP Net Income $ 97.0 mil
Addition of Ranjit Kripalani and William Addas to the Board of Directors adds further depth to the Board's financial services, corporate advisory, strategic planning and public board experience Mr. Kripalani will be a member of the Board of Director's Nominating and Corporate Governance Committee and Chair of the Mortgage and Regulatory Compliance Committee Mr. Addas will be a member of the Board of Director's Audit Committee and Compensation Committee Rithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company")) announced today that the Board of Directors of the Company (the "Board") has elected Ranjit Kripalani and William Addas as independent members of the Board, each effect
UBS initiated coverage of Rithm Capital with a rating of Buy and set a new price target of $12.50
B. Riley Securities initiated coverage of Rithm Capital with a rating of Buy and set a new price target of $12.00
Piper Sandler upgraded Rithm Capital from Underweight to Neutral and set a new price target of $9.00 from $10.00 previously
4 - Rithm Capital Corp. (0001556593) (Reporting)
Rithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company")) today announced the tax treatment of its common and preferred stock dividends deemed taxable in 2024. Common Stock Dividends During 2024, taxable dividends for Rithm Capital's common stock (CUSIP #64828T201) were approximately $1.00000 per share. The following table summarizes the tax treatment for common stock distributions. Record Pay Ordinary Qualified Section 199A Long-Term Return of Date Date(1) Form Dividend Dividend(3) Dividend(4) Capital Gain Capital Total Q1'24 04/01/24
Rithm Property Trust Inc. (formerly known as Great Ajax Corp.) (NYSE:RPT, "Rithm Property Trust" or the "Company")) today announced the following financial results for the quarter ended December 31, 2024. Fourth Quarter Financial Highlights: GAAP net income attributable to common stockholders of $2.9 million, or $0.06 per diluted share1 Earnings available for distribution of $0.3 million or $0.01 per diluted common share1,2 Book value per common share of $5.44 at December 31, 20241 Paid a common dividend of $2.8 million, or $0.06 per common share Q4 2024 Q3 2024 Summary of Operating Results:
Rithm Property Trust (NYSE:RPT, "RPT" or the "Company")) today announced the tax treatment of its 2024 common stock distributions. Common Stock Dividends During 2024, Rithm Property Trust's common stock (CUSIP #38983D300) distributions were $0.28000 per share and the distributions consisted of a return of capital. The following table summarizes the tax treatment for 2024 common stock distributions. Record Date Pay Date Form Ordinary Dividend Qualified Dividend Section 199A Dividend Long-Term Capital Gain Return of Capital Total Q1'24 03/15/24 03/29/24 Cash $0.00000 $0.00000
KBRA assigns preliminary ratings to 8 classes of mortgage-backed notes from New Residential Mortgage Loan Trust 2025-NQM1 (NRMLT 2025-NQM1), a $308.0 million non-prime RMBS transaction sponsored by Rithm Capital Corp. (formerly New Residential Investment Corp.), a publicly traded (NYSE:RITM) real estate investment trust (REIT). The underlying mortgages in the subject pool were originated by NewRez LLC (57.5%) and Champions Funding, LLC (31.3%). In addition, all loans will be serviced by NewRez LLC d/b/a Shellpoint Mortgage Servicing. NRMLT 2025-NQM1 is collateralized by a pool of 583 residential mortgages. Borrowers in NRMLT 2025-NQM1 possess a non-zero WA original credit score of 755 and
Rithm Capital Corp. (NYSE:RITM, "Rithm Capital, " "Rithm" or the "Company")) announced today that it will release its fourth quarter and full year 2024 financial results for the period ended December 31, 2024 on Thursday, February 6, 2025 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on Thursday, February 6, 2025 at 8:00 A.M. Eastern Time. A copy of the earnings release will be posted to the Investors – News section of the Company's website, www.rithmcap.com. The conference call may be accessed by dialing 1-833-974-2382 (from within the U.S.) or 1-412-317-5787 (from outside of the U.S.) ten minutes prior to the scheduled start of
Rithm Property Trust Inc. (NYSE:RPT, "Rithm Property Trust" or the "Company")) announced today that it will release its fourth quarter 2024 financial results for the period ended December 31, 2024 on Thursday, January 30, 2025 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on Thursday, January 30, 2025 at 8:00 A.M. Eastern Time. A copy of the earnings release will be posted to the News & Events – Press Releases section of the Company's website, www.rithmpropertytrust.com. The conference call may be accessed by dialing 1-888-596-4144 (from within the U.S.) or 1-646-968-2525 (from outside of the U.S.) ten minutes prior to the schedul
Rithm Capital Corp. (NYSE:RITM, "Rithm Capital" or the "Company")) announced today that its Board of Directors (the "Board") has declared fourth quarter 2024 common and preferred stock dividends. Common Stock Dividend The Board declared a dividend of $0.25 per share of common stock for the fourth quarter 2024. The fourth quarter common stock dividend is payable on January 31, 2025, to shareholders of record on December 31, 2024. Preferred Stock Dividends In accordance with the terms of Rithm Capital's Series A Cumulative Redeemable Preferred Stock ("Series A"), the Board declared a Series A dividend for the fourth quarter 2024 of $0.6763961 per share, which reflects a rate of 10.587
KBRA assigns preliminary ratings to 8 classes of mortgage-backed notes from New Residential Mortgage Loan Trust 2024-NQM3 (NRMLT 2024-NQM3), a $272.5 million non-prime RMBS transaction sponsored by Rithm Capital Corp. (formerly New Residential Investment Corp.), a publicly traded (NYSE:RITM) real estate investment trust (REIT). The underlying mortgages in the subject pool were originated by NewRez LLC (71.4%) and Champions Funding, LLC (12.2%). In addition, all loans will be serviced by NewRez LLC d/b/a Shellpoint Mortgage Servicing. NRMLT 2024-NQM3 is collateralized by a pool of 538 residential mortgages. Borrowers in NRMLT 2024-NQM3 possess a non-zero WA original credit score of 751 and
Great Ajax Corp. (NYSE:AJX, "Great Ajax" or the "Company")) today announced it will complete its previously announced name change and rebrand to Rithm Property Trust Inc. on December 2, 2024. In conjunction with the rebrand, the Company's common stock will begin trading on the New York Stock Exchange at the market open on December 3, 2024, under the Company's new name and new ticker symbol of "RPT". This will replace the Company's current ticker symbol, "AJX." The CUSIP for the Company's common stock will not change, and shareholders do not need to take any action as a result of the name change. The Company's new website will be www.rithmpropertytrust.com. The rebranding initiative highligh
$461 Million Non-Recourse Fixed Note Offering Represents Another Innovation in MSR Financing Rithm Capital Corp. (NYSE:RITM, "Rithm Capital" or "Rithm")), a leading sponsor of structured MSR-backed capital market notes, today announced it has successfully closed NZES 2024-FNT1, a $461 million securitized financing note backed by mortgage servicing rights ("MSRs"). Leveraging Rithm's scale, strong servicing performance and high-quality collateral, this first-of-its-kind, single-tranche non-recourse transaction provides fixed financing over the term of the expected life of the assets of 3 years. The $461 million transaction was over-subscribed and represents a significant increase from an
4 - Rithm Capital Corp. (0001556593) (Issuer)
4 - Rithm Capital Corp. (0001556593) (Issuer)
4 - Rithm Capital Corp. (0001556593) (Issuer)
3 - Rithm Capital Corp. (0001556593) (Issuer)
3 - Rithm Capital Corp. (0001556593) (Issuer)
4 - Rithm Capital Corp. (0001556593) (Issuer)
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4 - Rithm Capital Corp. (0001556593) (Issuer)
4 - Rithm Capital Corp. (0001556593) (Issuer)
10-Q - Rithm Capital Corp. (0001556593) (Filer)
8-K - Rithm Capital Corp. (0001556593) (Filer)
8-K - Rithm Capital Corp. (0001556593) (Filer)
424B5 - Rithm Capital Corp. (0001556593) (Filer)
424B5 - Rithm Capital Corp. (0001556593) (Filer)
NT 10-Q - Rithm Capital Corp. (0001556593) (Filer)
10-Q - Rithm Capital Corp. (0001556593) (Filer)
10-Q/A - Rithm Capital Corp. (0001556593) (Filer)
10-K/A - Rithm Capital Corp. (0001556593) (Filer)
8-K - Rithm Capital Corp. (0001556593) (Filer)