Rithm Capital reports Q3 2026 results with GAAP net income of $217.1 million

what happened

Rithm Capital has published its third-quarter 2026 results, according to TradingView, which cites the original press release distributed by BusinessWire. GAAP net income reached $217.1 million, or $0.38 per diluted share, compared with $20.2 million, or $0.04 per share, in the second quarter. Earnings available for distribution fell to $315.3 million, or $0.55 per share, from $338.9 million and $0.60 a quarter earlier.

The common dividend was unchanged at $0.25 per share, totaling $139.6 million. Book value per common share stood at $12.51. Assets under management at Rithm Asset Management were about $61 billion. Newrez delivered a 24% annualized operating return on equity, Genesis Capital reached $5.0 billion in year-to-date originations, and Elecor signed 320,000 square feet of new leases.

The company also closed a joint venture covering 1301 Avenue of the Americas. The investor conference call is scheduled for October 23, 2026 at 8:00 A.M. Eastern Time.

why it matters

For investors, the gap between GAAP income and earnings available for distribution matters: the first rose on a mortgage servicing rights gain, while the second declined. The unchanged dividend is relevant for income-focused holders. Share price reaction will likely depend on management commentary during the call.

market impact

Rithm Capital (RITM): results and a steady dividend affect the stock and the mortgage lending sector

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