earnings
confidence high
sentiment positive
materiality 0.75
Rithm Capital Q2 2026: EAD $0.60/share, AUM $61B, Newrez 22% annualized ROE
Rithm Capital Corp.
- GAAP net income $20.2M ($0.04/diluted share); Earnings Available for Distribution $338.9M ($0.60/diluted share), up from $0.51 in Q1.
- Asset management AUM reached $61B, up from $59B in Q1, driven by $1.9B gross inflows; asset management revenue $141M, up 34% QoQ.
- Newrez pre-tax operating income $307.6M (excl. MSR MTM loss), generating 22% annualized operating ROE on $5.7B equity.
- Genesis Capital origination volume $1.9B, up 52% YoY; Elecor leased 681k sq ft YTD with NYC rents 32% higher.
- Common dividend maintained at $0.25/share; book value per common share $12.33.