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Rithm Capital Corp. (RITM)

NYSE Real Estate REIT - Mortgage
$9.19 ▼ -0.11%
Market Cap
$5.13B
Sector
Real Estate
Industry
REIT - Mortgage
Beta
1.13
52-Wk Range
8.43-12.74
CEO
Michael Nierenberg
Country
US
Currency
USD

Rithm Capital Corp. operates in the United States, offering funding and various services to the real estate and financial industries. Its investment holdings are diverse, encompassing assets tied to mortgage servicing, residential-backed securities and loans, and consumer credit products. For federal tax purposes, the company qualifies as a real estate investment trust (REIT), meaning it is typically exempt from federal corporate income taxes if it distributes at least 90% of its taxable earnings to its shareholders. The company, which was originally known as New Residential Investment Corp., …

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