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Rithm Capital Corp.(RITM)

Description: New Residential is a leading provider of capital and services to the mortgage and financial services industry. The Company's mission is to generate attractive risk-adjusted returns in all interest rate environments through a portfolio of investments and operating businesses. New Residential has built a diversified, hard-to-replicate portfolio with high-quality investment strategies that have generated returns across different interest rate environments over time. New Residential's portfolio is composed of mortgage servicing related assets (including investments in operating entities consisting of servicing, origination, and affiliated businesses), residential securities (and associated called rights) and loans, and consumer loans. New Residential's investments in operating entities include its mortgage origination and servicing subsidiary, NewRez, and its special servicing division, Shellpoint Mortgage Servicing, as well as investments in affiliated businesses that provide services that are complementary to the origination and servicing businesses and other portfolios of mortgage related assets. Since inception in 2013, New Residential has a proven track record of performance, growing and protecting the value of its assets while generating attractive risk-adjusted returns and delivering over $3.4 billion in dividends to shareholders. New Residential is organized and conducts its operations to qualify as a real estate investment trust (REIT) for federal income tax purposes. New Residential is managed by an affiliate of Fortress Investment Group LLC, a global investment management firm, and headquartered in New York City.


Keywords: Real Estate Investment Trust Mortgage Loan Loan Mortgage Backed Security Real Estate Mortgage Investment Conduit Loan Servicing Mortgage Origination Capital And Services

Home Page: www.rithmcap.com

RITM Technical Analysis

799 Broadway
New York, NY 10003
United States
Phone: 212 850 7770


Officers

Name Title
Mr. Michael Nierenberg Chairman, Pres & CEO
Mr. Nicola Santoro Jr. CFO, Chief Accounting Officer & Treasurer
Mr. Philip Matthew Sivin C.F.A., CFA Chief Legal Officer
Charles Sorrentino Managing Director
Varun Wadhawan Managing Director
Sanjeev Khanna Managing Director
Mr. Cameron D. MacDougall Esq. Sec.
Ms. BoHee Yoon Sec.

Exchange: NYSE

Country: US

Currency: US Dollar ($)

Forward PE: 6.4185
Trailing PE: 4.4256
Price-to-Book MRQ: 0.7347
Price-to-Sales TTM: 1.0965
IPO Date: 2013-05-02
Fiscal Year End: December
Full Time Employees: 7330
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