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NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 10 classes of mortgage-backed notes from New Residential Mortgage Loan Trust 2026-NQM10 (NRMLT 2026-NQM10), a $494.0 million non-prime RMBS transaction sponsored by Rithm Capital Corp. (formerly New Residential Investment Corp.), a publicly traded (NYSE: RITM) real estate investment trust (REIT). The underlying mortgages in the subject pool were primarily originated by NewRez LLC (56.6%). In addition, all loans will be serviced by S.
NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE: RITM) (“Rithm”), a global alternative asset manager, today announced the closing of a joint venture with a fund managed by DRA Advisors LLC (“DRA”) for the ownership of 1301 Avenue of the Americas, one of the flagship assets in the New York City office portfolio of Elecor Properties (“Elecor”), Rithm's real estate operating platform. Rithm, through Elecor, will continue to hold majority ownership of the asset and operate the building on beha.
Rithm (RITM) concluded the recent trading session at $8.93, signifying a -2.08% move from its prior day's close.
Rithm Capital Corp. offers six preferred stocks, with this analysis focused on Series D, E, and F, which are not yet callable. RITM's preferred dividend coverage has declined post-COVID, with net income to preferred dividends now at 5.4x, but it remains adequate for risk assessment. The company's portfolio is diversified across residential mortgage loans, consumer loans, MSRs, single-family rentals, business purpose loans, and structured products.
Dividend-paying stocks, especially low-priced high-yield 'Dividend Dogs,' offer historically superior risk-adjusted returns and are currently undervalued relative to growth stocks. Analyst projections for the top ten LoPrice/HiYield Dogs suggest average net gains of 50.29% by September 2027, with individual upside estimates up to 65.24%. Twenty-four of thirty-eight highlighted stocks show 'safer' dividends supported by free cash flow, while fourteen rely on borrowed funds for payouts, signaling heightened risk.
Investors interested in Financial - Miscellaneous Services stocks are likely familiar with Rithm (RITM) and Brookfield Asset Management (BAM). But which of these two stocks is more attractive to value investors?
This article compares RITM's recent dividend per share rates, yield percentages, and several dividend sustainability metrics to 16 mREIT peers. This includes an analysis of RITM's quarterly core earnings/earnings available for distribution (“EAD”), which directly impacts the company's dividend sustainability. This article also projects RITM's dividend sustainability for Q4 2026 – Q1 2027 (including specific per share amounts).
Rithm Capital's credit rating is upgraded to 'B+' from 'B' by S&P Global, with a stable outlook, reflecting greater diversification and stable Newrez earnings.