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New Residential Investment Corp. (NYSE:NRZ) is set to release its second quarter 2022 financial results on August 2, 2022, before NYSE opening. Additionally, the company will officially change its name to Rithm Capital Corp. (NYSE:RITM) and its ticker symbol to 'RITM' on the same day. The conference call for stakeholders will occur at 8:00 A.M. Eastern Time, with a webcast available for public listening. New Residential has paid out approximately $4.1 billion in dividends since its inception in 2013 and maintains a diverse investment portfolio.
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Company has delivered approximately $4.1 billion in dividends to shareholders since inception.
Change of name and ticker symbol to Rithm Capital may enhance brand identity and recognition.
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None.
NEW YORK--(BUSINESS WIRE)--
New Residential Investment Corp. (NYSE:NRZ, “New Residential” or the “Company”) announced today that it will release its second quarter 2022 financial results for the period ended June 30, 2022 on Tuesday, August 2, 2022 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on Tuesday, August 2, 2022 at 8:00 A.M. Eastern Time.
As previously announced, the Company’s name change to Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or “Rithm”) will take effect on August 1, 2022. The Company’s common stock will begin trading on the NYSE under the ticker symbol 'RITM' on August 2, 2022. This will replace the Company's current ticker symbol NYSE: NRZ.
A copy of the earnings release will be posted to the Investor Relations section of the Company’s new website, www.rithmcap.com and all interested parties are welcome to participate on the live call. The conference call may be accessed by dialing 1-833-974-2382 (from within the U.S.) or 1-412-317-5787 (from outside of the U.S.) ten minutes prior to the scheduled start of the call; please reference “Rithm Capital Second Quarter 2022 Earnings Call.” In addition, participants are encouraged to pre-register for the conference call at https://dpregister.com/sreg/10169582/f3c2600d78.
A simultaneous webcast of the conference call will be available to the public on a listen-only basis at www.rithmcap.com. Please allow extra time prior to the call to visit the website and download any necessary software required to listen to the internet broadcast.
A telephonic replay of the conference call will also be available two hours following the call’s completion through 11:59 P.M. Eastern Time on Tuesday, August 9, 2022 by dialing 1-877-344-7529 (from within the U.S.) or 1-412-317-0088 (from outside of the U.S.); please reference access code “3152707.”
ABOUT NEW RESIDENTIAL
New Residential Investment Corp. is a leading provider of capital and services to the real estate and financial services industries. The Company’s mission is to generate attractive risk-adjusted returns in all interest rate environments through a complementary portfolio of investments and operating businesses. Since inception in 2013, the Company has delivered approximately $4.1 billion in dividends to shareholders. The Company’s investment portfolio is composed of mortgage servicing related assets (full and excess MSRs and servicer advances), residential securities (and associated call rights) and loans (including single family rental), and consumer loans. The Company’s investments in operating entities include leading origination and servicing platforms through wholly-owned subsidiaries, Newrez LLC, Caliber Home Loans Inc., and Genesis Capital LLC, as well as investments in affiliated businesses that provide mortgage related services. The Company is organized and conducts its operations to qualify as a real estate investment trust (REIT) for federal income tax purposes, and is headquartered in New York City.
