Top Stock Stock
Report Date: 02-20-2024
Symbol: RITM - Rithm Capital Corp.
Sector: Real Estate
Industry: REIT—Mortgage
Top Stock Signal: RITM
Rithm Capital Corp. (RITM)
799 Broadway
New York, NY 10003
Phone: 212 850 7770
Website: https://www.rithmcap.com
CEO: Mr. Michael Nierenberg
Rithm Capital Corp. provides capital and services to the real estate and financial services sectors in the United States. Its investment portfolio comprises mortgage servicing related assets, residential securities and loans, and consumer loans. It qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as New Residential Investment Corp. and changed its name to Rithm Capital Corp. in August 2022. Rithm Capital Corp. was incorporated in 2011 and is headquartered in New York, New York.