NYSE$RITM
New Residential Investment Corp · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Rithm Capital reported a net loss and earnings available for distribution, completed the acquisition of Sculptor Capital, and continued to execute its growth strategy.
Rithm Capital Corp. reported a GAAP net loss of ($87.5) million, or ($0.18) per diluted common share, and earnings available for distribution of $247.4 million, or $0.51 per diluted common share for the fourth quarter ended December 31, 2023. The company closed its acquisition of Sculptor Capital and continued to focus on its transformation into a global asset manager.
- GAAP net loss of ($87.5) million, or ($0.18) per diluted common share.
- Earnings available for distribution of $247.4 million, or $0.51 per diluted common share.
- Completed acquisition of Sculptor Capital Management.
- MSR portfolio totaled $590 billion in unpaid principal balance.
Headline financials
Revenue & EPS history
NRZ · Revenue · Quarterly
$780M
Revenue by segment
NRZ · $64.2M total across 2 segments · Q3 2022
- Asset Management$42.3M—66.0%
- Corporate Category$21.8M-41.2%34.0%
Forward guidance
Rithm Capital anticipates closing the acquisition of Specialized Loan Servicing in Q1 2024, subject to customary closing conditions and approvals.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2023
+0.9%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+2.2%
Avg return
30 days after
68%
38 / 56 earnings
Positive
+12.5%
Q1 2022
Best reaction
-11.5%
Q3 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.2% | -3.3% | -8.5% | |
| Q4 2025 | +6.0% | -0.6% | -9.4% | |
| Q3 2025 | +0.3% | +0.5% | +5.1% | |
| Q1 2025 | +1.3% | +7.5% | +7.0% | |
| Q4 2024 | +3.7% | +3.1% | +2.9% | |
| Q3 2024 | +3.0% | +0.1% | +6.8% | |
| Q2 2024 | -1.7% | -6.6% | +3.6% | |
| Q1 2024 | -0.6% | +0.9% | -1.2% | |
| Q4 2023 | -4.2% | -1.7% | +3.2% | |
| Q3 2023 | +2.8% | +4.2% | +13.7% | |
| Q2 2023 | -0.4% | +2.3% | +3.4% | |
| Q1 2023 | +1.9% | +2.9% | +11.5% | |
| Q4 2022 | +1.8% | +3.6% | -11.2% | |
| Q3 2022 | -1.4% | +0.8% | +5.9% | |
| Q2 2022 | -6.2% | -9.1% | -16.1% | |
| Q1 2022 | +12.5% | +6.6% | +9.4% | |
| Q4 2021 | +6.1% | +3.7% | +1.3% | |
| Q3 2021 | +0.7% | -0.3% | -5.6% | |
| Q2 2021 | +3.1% | +2.6% | +13.6% | |
| Q1 2021 | -2.2% | -2.4% | +1.7% | |
| Q4 2020 | -2.9% | -3.8% | +7.1% | |
| Q3 2020 | -11.5% | -14.1% | +11.2% | |
| Q2 2020 | -1.1% | -1.5% | -1.8% | |
| Q1 2020 | +0.8% | +8.9% | +36.3% | |
| Q4 2019 | +1.7% | +2.7% | -7.3% | |
| Q3 2019 | -0.6% | -0.3% | -2.7% | |
| Q2 2019 | +1.2% | -0.9% | -9.3% | |
| Q1 2019 | -0.9% | -0.8% | -9.3% | |
| Q4 2018 | +1.7% | +1.9% | +0.0% | |
| Q3 2018 | -1.1% | +0.5% | -5.0% | |
| Q2 2018 | -4.4% | -3.8% | -1.3% | |
| Q1 2018 | +3.2% | +4.3% | +6.8% | |
| Q4 2017 | +1.1% | +1.5% | +2.3% | |
| Q3 2017 | +2.2% | +3.8% | +4.5% | |
| Q2 2017 | +6.9% | +4.9% | +2.1% | |
| Q1 2017 | +1.7% | +0.4% | -3.5% | |
| Q4 2016 | +3.0% | +3.1% | +2.9% | |
| Q3 2016 | +0.4% | +3.0% | +11.2% | |
| Q2 2016 | +3.4% | +4.2% | +4.6% | |
| Q1 2016 | +5.2% | — | — | |
| Q4 2015 | +4.3% | — | — | |
| Q3 2015 | -2.4% | — | — | |
| Q2 2015 | +0.1% | — | — | |
| Q1 2015 | +1.7% | — | — | |
| Q4 2014 | +1.6% | — | — | |
| Q3 2014 | +0.5% | — | — | |
| Q2 2014 | +5.2% | — | — | |
| Q1 2014 | -2.5% | — | — | |
| Q4 2012 | +0.9% | — | — | |
| Q4 2013 | +1.9% | — | — | |
| Q3 2012 | +5.6% | — | — | |
| Q3 2013 | -7.1% | — | — | |
| Q2 2012 | -0.9% | — | — | |
| Q1 2012 | +1.9% | — | — | |
| Q2 2013 | +1.9% | — | — | |
| Q1 2013 | +1.9% | — | — |
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