NRZ Q3 2022 Earnings Report
Key Takeaways
Rithm Capital Corp. announced positive results for the third quarter of 2022, with a GAAP net income of $124.5 million, or $0.26 per diluted common share, and earnings available for distribution of $153.0 million, or $0.32 per diluted common share. The company's book value per common share remained essentially unchanged despite market volatility. They also announced an agreement to acquire a 50% interest in Senlac Ridge Partners.
GAAP net income was $124.5 million, or $0.26 per diluted common share.
Earnings available for distribution were $153.0 million, or $0.32 per diluted common share.
A common dividend of $118.4 million, or $0.25 per common share, was declared.
The book value per common share was $12.10.
NRZ
NRZ
NRZ Revenue by Segment
Forward Guidance
Rithm Capital expects Q4’22 funded origination volume of approximately $6 to $8 billion.