Rithm Capital Corp. Common Stock Q3 2026 Earnings Recap

Rithm Capital’s 8.2% post-earnings gain signals a favorable market reaction to a quarter in which earnings available for distribution reached $0.55 per diluted share and exceeded the dividend for the 28th consecutive quarter. The call also highlighted $1.9 billion of cash and liquidity and continued growth in third-party assets under management.

Key Takeaways

• Third-quarter earnings available for distribution were $315 million, or $0.55 per diluted share; GAAP net income was $217 million, or $0.38 per diluted share.
• The quarterly dividend was $0.25 per share, with cumulative dividends paid of $6.8 billion.
• Book value was approximately $7 billion, slightly higher quarter over quarter; management attributed much of the increase to hedging and the MSR business.
• Rithm reported more than $60 billion of third-party AUM and approximately $110 billion of investable assets, including balance-sheet and third-party assets.
• Management cited a challenging market backdrop, including wider market indices and significantly higher interest rates, while pointing to NewRez and Genesis as businesses that performed well.