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Rithm Capital grows fee businesses and benefits from strong mortgage market, trading at 27% discount with 11% yield.

Market News
20 May 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Rithm Capital is expanding its asset management and third-party investment services while leveraging favorable conditions in its mortgage servicing rights business. The company reported first-quarter 2026 distributable earnings of $0.51 per share, comfortably covering its $0.25 dividend with a 204% coverage ratio. Despite this strong performance, Rithm Capital's shares trade at a 27% discount to book value, offering investors an attractive 11% dividend yield. This positions the company as a diversified investment firm with stable dividends and growth potential in fee-generating segments.

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