earnings
confidence high
sentiment positive
materiality 0.70
Great Ajax Q2 net income $10.4M, EPS $0.45; book value $15.86; forms four JVs with $1.4B UPB
Rithm Property Trust Inc.
2021-Q2 EPS reported
$0.72
- Net income attributable to common stockholders $10.4M vs $7.0M prior quarter; basic EPS $0.45.
- Net interest income $14.2M, up from $13.7M, on lower borrowing costs; loan portfolio $955.6M.
- Book value per share $15.86, down from $16.18 due to convertible debt dilution.
- Formed four JVs acquiring $1.4B UPB loans; retained $232.9M in securities; added $5.2M UPB RPLs.
- Declared $0.21 dividend payable Aug 31; subsequent acquisitions: 1,016 NPLs with $173M UPB.