Rithm Capital Q3 profit beats estimates

Rithm Capital

30/10/2025 11:03

Overview

Rithm Capital Q3 adjusted EPS beats analyst expectations

GAAP net income for Q3 declines compared to previous quarter

Company announces pending acquisitions of Crestline and Paramount

Outlook

Rithm Capital targets Q4'25 closing for Crestline acquisition

Company expects Q4'25 closing for Paramount acquisition

Rithm Capital expands into direct lending with Crestline acquisition

Result Drivers

STRATEGIC ACQUISITIONS - Pending acquisitions of Crestline and Paramount enhance commercial real estate expertise and expand offerings into direct lending and insurance

MORTGAGE PLATFORM PERFORMANCE - Newrez LLC posted increased pre-tax income and servicing UPB growth, contributing to overall results

RESIDENTIAL LENDING GROWTH - Genesis Capital recorded significant YoY growth in residential transitional lending and sponsor base expansion

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Servicing Revenue
$314.93 mln
Q3 Adjusted EPS
Beat
$0.54
$0.52 (8 Analysts)
Q3 EPS
$0.35
Q3 Net Income
$193.70 mln
Q3 Dividend
$0.25
Q3 Servicing Fee Revenue
$579.28 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the specialized reits peer group is "buy"

Wall Street's median 12-month price target for Rithm Capital Corp is $14.00, about 21.9% above its October 29 closing price of $10.93

The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 5 three months ago

Press Release: ID:nBw92sgDca

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)