earnings
confidence high
sentiment neutral
materiality 0.70
Rithm Capital Q4 GAAP net income $81.8M ($0.17 diluted EPS); EAD $0.33; dividend $0.25
Rithm Capital Corp.
2022-FY EPS reported
$1.80
revenue$4,726,927,000
- GAAP net income Q4 2022: $81.8M ($0.17 per diluted share), down from $124.5M in Q3 2022.
- Earnings available for distribution Q4: $156.9M ($0.33 per share), vs $153.0M in Q3.
- Common dividend unchanged at $0.25 per share; FY 2022 total dividend $1.00 per share.
- Book value per common share $12.00 at December 31, 2022, up ~5% YoY per CEO.
- Q1 2023 estimated origination volume $5-7B; MSR portfolio $609B UPB.