Rithm Capital

RITM · NYSE

$8.64+$0.20 (+2.37%)TodayMarket closed ·
Prev close $8.44

About RITM

Rithm Capital Corp. engages in the provision of real estate, credit, and financial services. The company is headquartered in New York City, New York and currently employs 7,240 full-time employees. The company went IPO on 2013-05-02. The firm makes direct investments and operates several wholly-owned operating businesses. Its segments include Origination and Servicing, Investment Portfolio, Residential Transitional Lending and Asset Management. The firm's businesses include Sculptor Capital Management, Inc., an alternative asset manager, as well as Newrez LLC and Genesis Capital LLC, mortgage origination and servicing platforms. Sculptor Capital Management, Inc. provides asset management services and investment products across credit, real estate and multi-strategy platforms through commingled funds, separate accounts and other alternative investment vehicles. Genesis Capital LLC specializes in originating and managing a portfolio of primarily short-term business purpose mortgage loans to fund single-family and multi-family real estate developers with construction, renovation and bridge loans.

Employees
7,240
Headquarters
New York City, New York
Listed
May 2, 2013
Sector
Financials
Industry
Mortgage Real Estate Investment Trusts (REITs)

Leadership

Rithm Capital executives
NameTitleSince
Michael Nierenberg—2013
Nicola Santoro——
Philip Sivin—2024
David Zeiden——
William Addas——
Kevin Finnerty——
Peggy Hebard——
Ranjit Kripalani——
Patrice Le Melle——
David Saltzman——

Revenue by product and region

Fiscal year ended Dec 31, 2023: $3.72B total revenue

By product

  • Servicing fee revenue, net and interest income from MSRs and MSR financing receivables$1.86B50.1%
  • Interest income$1.68B45.1%
  • Servicing revenue, net$1.29B34.8%
  • Gain on originated residential mortgage loans, held-for-sale, net$508.43M13.7%
  • Other revenues$236.17M6.4%

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