Rithm Capital Stock Earnings Reports

Rithm Capital reported a solid Q1 2026 with $0.51 of adjusted earnings per diluted share and GAAP net income of $0.12 per diluted share. Book value was $12.51 (approximately $7.0 billion) and the company paid a $0.25 quarterly dividend (10.5% yield) while ending the quarter with ~$1.4 billion of cash and liquidity. Asset management remains a growth priority: combined AUM for Sculptor and Crestline is ~ $57 billion (Sculptor $37B; Crestline ~ $20B) with recent fundraising momentum (including a $4.6B Sculptor real estate raise) and robust deployments in ABF and credit. Elecor (formerly Paramount Group) is being rebranded and repositioned; leasing activity is strong (NYC ~92% leased; San Francisco improving) and management expects ~$40M of annual SG&A/operating efficiency gains already identified. Newrez delivered another strong quarter: $15.5B funded volume, $274M pretax income (ex-mark-to-market) and a 19% annualized operating ROE; management is pursuing tech/AI-driven efficiency initiatives (including migration to Valon) to lower cost-per-loan. Genesis Capital recorded a record quarter ($1.6B originations) and expects annual production of $6.5–7.0B with disciplined underwriting. The firm executed $2B of securitizations, invested ~$3B in mortgage/RTL assets during the quarter, and emphasized capital availability to take advantage of market dislocations, while reiterating a strict credit-first posture (no sacrificing credit for AUM). Overall, management highlighted strong operations across businesses, continued focus on growing fee-related earnings (FRE) via asset management and third-party relationships, active asset-level capital recycling (JV/third-party partnerships for Elecor), and meaningful near-term cost/efficiency opportunities primarily in Newrez.