Rithm Property Trust Inc. reported results
SEC 8-KRead source ↗
Rithm Property Trust Inc. is a US-listed company in the mortgage REITs industry. Its financial year ends in December.
Who’s trading
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
- Funds24 adding, 37 cuttingOf 6 active managers that changed their stake, 5 added; quarter to June 30, 2026Fund buyers and sellers
The Fundamentalytics view
Rithm Property Trust Inc.'s trailing-twelve-month revenue grew 91.3% year on year, with a free-cash-flow margin of -118.0%.
Current signal Net margin expanding: TTM net margin reached 362.8%, up 193.2pp year over year.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Highlights
How we pick theseStrengths
- Fast growth. Revenue grew 91.3% over the last 12 months.
- Growth speeding up. The growth rate is 316.2 points higher than a quarter earlier.
- Net cash. Cash exceeds long-term debt by $0.0bn.
Things to watch
- Burning cash. Free cash flow was -118.0% of revenue over the last 12 months.
- Share dilution. Diluted shares rose 50.5% in a year.
- Weak cash conversion. Free cash flow was -201% of net income over the last 12 months.
- Estimates being cut. Analysts' consensus for next year's earnings per share has fallen 49.0% over 90 days.
Latest results: FY2025 Q1
- Earnings per share
- $0.23 against an average estimate of $0.10: beat by 142.1%
- Revenue
- $0m
- Share reaction
- +4.0% in the first session after the results on October 21, 2026, against -0.7% for the S&P 500
- Next report
- October 21, 2026; average EPS estimate $0.17
Price chart
- 1 day+3.3%
- 1 week+3.4%
- 1 month+3.4%
- This year-28.2%
- 1 year-14.9%
- 5 years-74.7%
- S&P 500 this year+11.2%
Loading chart…
Third-party market data · may be delayed
At a glance
Profitability
- Revenue (TTM)
- -$5.9M
- Net margin
- 362.8%
- EPS (TTM, diluted)
- $0.83
Growth
- Revenue growth
- +91.3%
- Change in growth rate
- +316.2 pts
Earnings
- Last results
- October 21, 2026
- Next results (est.)
- January 15, 2027
News & updates
Company announcements, filed results and changes that matter to shareholders.
- Results
- Results
Rithm Property Trust Inc. reported results
SEC 8-KRead source ↗ - Announcement
Rithm Property Trust Inc. disclosed a material event
SEC 8-KRead source ↗ - Results
Rithm Property Trust Inc. reported results; made a public disclosure; disclosed a material event
SEC 8-KRead source ↗
No model value for Rithm Property Trust Inc. at the moment. Current status: data-quality checks not passed. Available reported financials are shown below.
The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.
Valuation models
We value Rithm Property Trust Inc. as a mortgage reit, with every model that fits that kind of business. Cost of equity 8.3%: the 10-year Treasury yield (4.9%) plus a beta of 0.74 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. | ~$11 ~$9.3–$19 | Included |
| Dividend discount (growing dividend) Today's dividend growing 2.5% a year, discounted at the cost of equity. | ~$5.0 ~$4.2–$6.0 | Included |
| Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. | — | Combined value withheld. Review the individual models and their assumptions. |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Rithm Property Trust Inc. with mortgage REITs in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Moat
52 /100
Moderate moat
How hard Rithm Property Trust's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.
- Returns on capital 12 / 20
Net income has been a median 1.0% of total assets over 10 years.
- Durability 10 / 20
Net margin has been a median 51.5%; its worst year was -131.8%.
- Discipline 10 / 20
The diluted share count rose 90.4% over five years; stock-based pay has been a median 2.3% of revenue.
AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.
Forecasts and guidance
Analysts' consensus
| Fiscal year | EPS | Growth | Revenue | Growth |
|---|---|---|---|---|
| Current | $0.35 | +975% | — | — |
| Next | $0.77 | +119% | — | — |
Next year's EPS estimate has moved −49.0% in 90 days, across 2 analysts.
How the EPS forecast has moved
The consensus EPS forecast for the current fiscal year is +94.4% on 90 days ago. In the last 30 days, 1 analyst raised Rithm Property Trust Inc.'s forecast and 0 cut it.
Average of analysts' published estimates (third-party data).
View chart data
| Period | Current fiscal year | Next fiscal year |
|---|---|---|
| 90 days ago | $0.18 | $1.50 |
| 60 days ago | $0.21 | $1.14 |
| 30 days ago | $0.21 | $1.14 |
| 7 days ago | $0.21 | $1.14 |
| Now | $0.35 | $0.77 |
Earnings against estimates
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Sept 2026 | $0.10 | $0.23 | +142.1% |
| Jun 2026 | −$0.05 | −$0.01 | +80.0% |
| Mar 2026 | −$0.03 | −$0.04 | −60.0% |
| Dec 2025 | −$0.10 | −$0.06 | +40.0% |
Adjusted EPS as companies report it, against the average analyst estimate.
Positioning
- Short interest
- 4.3% of tradable shares
- Days to cover
- 9.17 at average volume
- Short interest, 1 month
- +19% to October 15, 2026
- Held by institutions
- 70% of shares
- Held by insiders
- 0.2% of shares
Share-price performance
Market data may be delayedReturn and risk by year
| Calendar year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|---|---|
| Return | ||||||
| RPT | +37% | −35% | −10% | −39% | +2% | −28% |
| Industry peers (median) | +26% | −21% | +17% | +4% | +6% | −21% |
| S&P 500 | +29% | −18% | +26% | +25% | +18% | +11% |
| Months that ended higher | ||||||
| RPT | 58% | 33% | 50% | 25% | 58% | 55% |
| S&P 500 | 75% | 42% | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | ||||||
| RPT | −15% | −38% | −47% | −49% | −27% | −34% |
| S&P 500 | −5% | −25% | −10% | −8% | −19% | −9% |
Worst fall since November 3, 2015: 78% from November 5, 2021 to October 16, 2026. Getting back needed a 345% gain, and the shares have not yet recovered.
Price behaviour
- 52-week range
- $10.10 – $16.14
- From 52-week high
- −33.4%
- vs 50-day average
- −3.9%
- vs 200-day average
- −15.5%
- Volatility (1 year)
- 37%
- Beta vs S&P 500
- 0.37
Share price after results
- Next day
- 5 up, 7 down typical move ±4.7%
- After a week
- 3 up, 9 down typical move ±5.3%
- After a month
- 4 up, 7 down typical move ±7.6%
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| October 21, 2026 | +4.0% | −0.7% | −0.3% | — |
| July 28, 2026 | +2.3% | −1.3% | +1.2% | +10.3% |
| July 13, 2026 | −10.1% | −0.4% | −25.1% | −11.0% |
| April 24, 2026 | −0.8% | +0.9% | +1.9% | +1.4% |
| February 13, 2026 | −1.9% | +0.2% | −5.1% | −6.9% |
| October 31, 2025 | 0.0% | +0.5% | −1.6% | +7.8% |
| July 24, 2025 | −1.1% | +0.5% | −3.7% | −1.5% |
| April 28, 2025 | +5.6% | +0.7% | −0.4% | −1.4% |
| January 30, 2025 | +7.7% | 0.0% | +10.1% | +16.9% |
| October 21, 2024 | +2.5% | −0.2% | −1.2% | −4.9% |
| July 24, 2024 | −14.0% | −2.8% | −8.8% | −14.4% |
| May 3, 2024 | −6.2% | +2.3% | −3.8% | −7.0% |
Fundamentals
Source: SEC EDGAR filings. Retrieved November 1, 2026.
View chart data
| Period | Revenue (TTM) |
|---|---|
| FY22 Q2 | $62.1M |
| FY22 Q3 | $53.7M |
| FY22 Q4 | $35.6M |
| FY23 Q1 | $21.2M |
| FY23 Q2 | $10M |
| FY23 Q3 | $554K |
| FY23 Q4 | -$17.1M |
| FY24 Q1 | -$67M |
| FY24 Q2 | -$73.5M |
| FY24 Q3 | -$77.4M |
| FY24 Q4 | -$55.5M |
| FY25 Q1 | -$5.9M |
Source: SEC EDGAR filings. Retrieved November 1, 2026.
View chart data
| Period | Revenue growth, TTM YoY |
|---|---|
| FY21 Q2 | 47.6% |
| FY21 Q3 | 47.9% |
| FY21 Q4 | 22.5% |
| FY22 Q1 | -2.9% |
| FY22 Q2 | -21.2% |
| FY22 Q3 | -33.8% |
| FY22 Q4 | -54.3% |
| FY23 Q1 | -71.0% |
| FY23 Q2 | -83.9% |
| FY23 Q3 | -99.0% |
| FY24 Q4 | -225.0% |
| FY25 Q1 | 91.3% |
Source: SEC EDGAR filings. Retrieved November 1, 2026.
View chart data
| Period | FCF margin (TTM) |
|---|---|
| FY22 Q2 | 11.5% |
| FY22 Q3 | 1.5% |
| FY22 Q4 | 3.2% |
| FY23 Q1 | -21.7% |
| FY23 Q2 | -249.2% |
| FY23 Q3 | -6729.2% |
| FY23 Q4 | 272.1% |
| FY24 Q1 | 56.5% |
| FY24 Q2 | 20.1% |
| FY24 Q3 | 12.1% |
| FY24 Q4 | -0.5% |
| FY25 Q1 | -118.0% |
Financial statements
| Fiscal year | 2014 Dec 2014 | 2015 Dec 2015 | 2016 Dec 2016 | 2017 Dec 2017 | 2018 Dec 2018 | 2019 Dec 2019 | 2020 Dec 2020 | 2021 Dec 2021 | 2022 Dec 2022 | 2023 Dec 2023 | 2024 Dec 2024 | LTM Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income | ||||||||||||
| Revenue | 6 | 38 | 47 | 55 | 58 | 65 | 64 | 78 | 36 | −17 | −55 | −6 |
| Net income | 3 | 25 | 28 | 29 | 28 | 35 | 28 | 42 | −15 | −47 | −92 | −21 |
| Diluted EPS | $2.40 | $10.08 | $9.90 | $9.06 | $8.58 | $9.54 | $6.00 | $8.46 | −$7.44 | −$12.06 | −$13.76 | — |
| Growth (year on year) | ||||||||||||
| Revenue | — | +499.4% | +24.3% | +17.3% | +6.1% | +11.6% | −2.0% | +22.5% | −54.3% | −147.9% | — | — |
| Net income | — | +623.0% | +12.5% | +3.9% | −2.0% | +22.5% | −17.9% | +46.9% | −135.9% | — | — | — |
| Diluted EPS | — | +320.0% | −1.8% | −8.5% | −5.3% | +11.2% | −37.1% | +41.0% | −187.9% | — | — | — |
| Margins | ||||||||||||
| Net margin | 54.6% | 65.9% | 59.6% | 52.8% | 48.7% | 53.5% | 44.8% | 53.7% | −42.1% | 275.7% | 165.5% | 362.8% |
| Free-cash-flow margin | — | — | −11.2% | −15.9% | 1.0% | −23.4% | −22.1% | −23.8% | 3.1% | 272.1% | −0.5% | — |
| Cash flow | ||||||||||||
| Cash from operations | −1 | −11 | −5 | −9 | 1 | −15 | −14 | −18 | 1 | −46 | 0 | 7 |
| Capital spending | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Free cash flow | — | — | −5 | −9 | 1 | −15 | −14 | −19 | 1 | −46 | 0 | — |
| Stock-based pay | 1 | 1 | 1 | 2 | 3 | 3 | 0 | 0 | 0 | 0 | — | — |
| Free cash flow after stock pay | — | — | −6 | −11 | −2 | −18 | −14 | −19 | 1 | −47 | — | — |
| Balance sheet | ||||||||||||
| Cash | 53 | 31 | 36 | 54 | 55 | 64 | 107 | 84 | 48 | 53 | 64 | 97 |
| Total debt | 85 | 265 | 443 | 694 | 610 | 653 | 585 | — | 0 | 0 | 0 | 0 |
| Net debt (negative = net cash) | 32 | 234 | 407 | 640 | 555 | 588 | 478 | −84 | −48 | −53 | −64 | −97 |
| Diluted shares | 1m | 3m | 3m | 4m | 4m | 5m | 4m | 5m | 4m | 4m | 7m | — |
| Returned to shareholders | ||||||||||||
| Dividends | 1 | 12 | 17 | 21 | 23 | 26 | 17 | — | — | — | — | — |
| Buybacks | — | — | — | — | 0 | 0 | 0 | 0 | 5 | 0 | — | — |
| Total returned | 1 | 12 | 17 | 21 | 23 | 26 | 18 | 0 | 5 | 0 | — | — |
| Quarter | 2023 Q2 Jun 2023 | 2023 Q3 Sept 2023 | 2023 Q4 Dec 2023 | 2024 Q1 Mar 2024 | 2024 Q2 Jun 2024 | 2024 Q3 Sept 2024 | 2024 Q4 Dec 2024 | 2025 Q1 Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Income | ||||||||
| Revenue | −2 | 1 | −16 | −49 | −9 | −3 | 6 | 0 |
| Net income | −11 | −6 | −23 | −74 | −13 | −8 | 3 | −3 |
| Diluted EPS | −$3.06 | −$1.50 | $1.44 | −$14.46 | −$1.92 | −$1.08 | −$11.30 | −$0.49 |
| Growth (year on year) | ||||||||
| Revenue | −127.5% | −90.0% | <−999% | <−999% | — | −364.3% | — | — |
| Margins | ||||||||
| Net margin | 475.8% | −526.3% | 139.4% | 149.8% | 142.2% | 288.5% | 51.7% | <−999% |
| Free-cash-flow margin | — | — | 74.3% | — | −181.3% | 190.5% | −43.1% | −644.6% |
| Cash flow | ||||||||
| Cash from operations | −7 | −11 | −12 | −8 | 16 | −5 | −2 | −2 |
| Capital spending | — | — | 0 | — | 0 | 0 | 0 | 0 |
| Free cash flow | — | — | −12 | — | 16 | −5 | −2 | −2 |
| Stock-based pay | 0 | 0 | 0 | 0 | 0 | 0 | — | — |
| Free cash flow after stock pay | — | — | −12 | — | 16 | −5 | — | — |
Dividends, buybacks and capital spending
- Dividends (TTM)
- $11M
- Returned to shareholders
- -86%
- of free cash flow
- Dividend payout ratio
- 174%
- of net income paid out
Who owns it
Funds buying and selling- Reported value
- $71.4M
- Institutions reporting
- 50
- Shares held vs prior quarter
- ▼ 8.9%
- Positions opened / closed
- 7 / 18
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Magnetar Financial LLC | $23.6M | 1.6M | 33.0% | 0.0% |
| Wellington Management Group LLP | $15.3M | 1.1M | 21.4% | 0.0% |
| Rithm Capital Corp. | $11M | 766K | 15.4% | ▲ 16.9% |
| Vanguard Capital Management LLC | $4.5M | 312K | 6.3% | ▲ 0.4% |
| FMR LLC | $3.1M | 213K | 4.3% | 0.0% |
| Blackrock, Inc. | $2.2M | 155K | 3.1% | ▼ 60.6% |
| Family Manage LLC | $2.2M | 150K | 3.0% | ▼ 4.6% |
| Geode Capital Management, LLC | $1.2M | 84K | 1.7% | ▼ 55.3% |
| Millennium Management LLC | $1.1M | 74K | 1.5% | New |
| Renaissance Technologies LLC | $732,283 | 51K | 1.0% | ▼ 15.3% |
| Vanguard Fiduciary Trust Co | $690,077 | 48K | 1.0% | ▲ 2.3% |
| Susquehanna International Group, LLP | $660,888 | 46K | 0.9% | ▲ 39.5% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Rithm Property Trust Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.
Insider trading activity
Full insider history and chart Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Earnings dates and SEC filings
Results announcements
Next expected around January 15, 2027 estimated from the company's past filing pattern, not announced
- October 21, 2026
- July 28, 2026
- July 13, 2026
- April 24, 2026
- February 13, 2026
- October 31, 2025
Recent SEC filings
- 10-Q Quarterly report
- 8-K Current report
- 10-Q Quarterly report
- 8-K Current report
- 8-K Current report
- 8-K Current report
- 8-K Current report
- 8-K Current report
Data status
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| Financial statements | SEC 10-K and 10-Q filings | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
Rithm Property Trust Inc. in brief
- What does Rithm Property Trust Inc. do?
- Rithm Property Trust Inc. is a US-listed company in the mortgage REITs industry. Its financial year ends in December.
- What is Rithm Property Trust Inc.'s stock ticker?
- Rithm Property Trust Inc. trades under the ticker RPT on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
- What is Rithm Property Trust Inc.'s revenue, and how fast is it growing?
- Over its most recent trailing twelve months, Rithm Property Trust Inc. reported revenue of -$5.9M, 91.3% higher than a year earlier, according to its SEC filings.
- What is Rithm Property Trust Inc.'s free cash flow?
- Rithm Property Trust Inc.'s free-cash-flow margin is -118.0% of revenue over the trailing twelve months.
- Who are Rithm Property Trust Inc.'s largest institutional shareholders?
- By value reported in 13F filings for June 30, 2026, the largest reported holders are Magnetar Financial LLC, Wellington Management Group LLP and Rithm Capital Corp. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
- What is Rithm Property Trust Inc.'s market cap?
- On December 31, 2024, Rithm Property Trust Inc.'s market capitalisation was about $98.7M and net debt of -$64.3M. Market figures come from third-party market data and may be delayed.
- Does Rithm Property Trust Inc. pay a dividend?
- Yes: Rithm Property Trust Inc. paid $11M in dividends over the trailing twelve months and a payout ratio of 173.5%.
- When is Rithm Property Trust Inc.'s next earnings date?
- Around January 15, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Rithm Property Trust Inc. announces its own schedule.
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