Rithm Capital Corporation

NYSE: RITM
$10.78
+$0.11 (+1.0%)
Closing Price on November 8, 2024

RITM Stock Chart and Intraday Price

RITM Stock Data

Asset Type Stock
Exchange NYSE
Currency USD
Country USA
Sector REAL ESTATE & CONSTRUCTION
Industry REAL ESTATE INVESTMENT TRUSTS
Address 1345 AVENUE OF THE AMERICAS, NEW YORK, NY, US
Fiscal Year End December
Latest Quarter 12/31/2023
Market Cap 5,305.82M USD
Shares Outstanding 483,226,000
Rithm Capital Corporation, previously known as New Residential Investment Corp., is a New York-based asset manager specializing in real estate, credit, and financial services. With a focus on mortgage servicing rights, real estate securities, and various loan types, Rithm operates across multiple segments including Origination and Servicing, and Investment Portfolio. As a real estate investment trust (REIT), it aims to avoid federal corporate income taxes by distributing a significant portion of its income to shareholders. Founded in 2011, Rithm plays a crucial role in the financial and real estate sectors.

RITM Articles

One of the best ways to keep your portfolio safe from incessant market volatility is with ultra-high-yield dividend stocks. Look at Rithm Capital (NYSE:RITM), for example. With the Federal Reserve...
24/7 Wall Street Insights With inflation showing few signs of appreciable reversal, prices for other goods and services will inevitably continue to rise. Among the passive income options available to...