S&P 500   4,574.79
DOW   35,756.88
QQQ   379.12
S&P 500   4,574.79
DOW   35,756.88
QQQ   379.12
S&P 500   4,574.79
DOW   35,756.88
QQQ   379.12
S&P 500   4,574.79
DOW   35,756.88
QQQ   379.12

New Residential Investment Stock Forecast, Price & News

$11.57
-0.04 (-0.34 %)
(As of 10/26/2021 12:00 AM ET)
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Today's Range
$11.54
$11.63
50-Day Range
$9.50
$11.34
52-Week Range
$7.27
$11.69
Volume3.26 million shs
Average Volume5.37 million shs
Market Capitalization$5.40 billion
P/E Ratio9.18
Dividend Yield8.61%
Beta1.93
30 days | 90 days | 365 days | Advanced Chart
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New Residential Investment logo

About New Residential Investment

New Residential Investment Corp. is a real estate investment trust, which focuses on investing and actively managing, investments related to residential real estate. It operates through the following segments: Origination, Servicing, MSR Related Investments, Residential Securities and Loans, Consumer Loans and Corporate. The Corporate segment includes general and administrative expenses, the management fees and incentive compensation, and corporate cash and related interest income. The company was founded in 2011 and is headquartered in New York, NY.

Headlines

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Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Employees
5,667
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.95 billion
Cash Flow
$1.29 per share
Book Value
$11.10 per share

Profitability

Net Income
$-1.41 billion

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$5.40 billion
Next Earnings Date
11/2/2021 (Confirmed)
Optionable
Optionable

MarketRank

Overall MarketRank

2.74 out of 5 stars

Finance Sector

103rd out of 1,338 stocks

Real Estate Investment Trusts Industry

17th out of 220 stocks

Analyst Opinion: 1.5Community Rank: 4.9Dividend Strength: 3.3Insider Behavior: 0.8Valuation: 3.1 5 -4 -3 -2 -1 -












New Residential Investment (NYSE:NRZ) Frequently Asked Questions

Is New Residential Investment a buy right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for New Residential Investment in the last twelve months. There are currently 1 hold rating and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" New Residential Investment stock.
View analyst ratings for New Residential Investment
or view top-rated stocks.

What stocks does MarketBeat like better than New Residential Investment?

Wall Street analysts have given New Residential Investment a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but New Residential Investment wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting New Residential Investment?

New Residential Investment saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 11,930,000 shares, an increase of 32.1% from the August 31st total of 9,030,000 shares. Based on an average daily volume of 5,180,000 shares, the short-interest ratio is presently 2.3 days.
View New Residential Investment's Short Interest
.

When is New Residential Investment's next earnings date?

New Residential Investment is scheduled to release its next quarterly earnings announcement on Tuesday, November 2nd 2021.
View our earnings forecast for New Residential Investment
.

How can I listen to New Residential Investment's earnings call?

New Residential Investment will be holding an earnings conference call on Tuesday, November 2nd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "101609524".

How were New Residential Investment's earnings last quarter?

New Residential Investment Corp. (NYSE:NRZ) announced its quarterly earnings data on Thursday, July, 29th. The real estate investment trust reported $0.31 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.31. New Residential Investment had a trailing twelve-month return on equity of 12.73% and a net margin of 61.81%.
View New Residential Investment's earnings history
.

How has New Residential Investment's stock been impacted by COVID-19?

New Residential Investment's stock was trading at $13.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, NRZ stock has decreased by 15.9% and is now trading at $11.57.
View which stocks have been most impacted by COVID-19
.

How often does New Residential Investment pay dividends? What is the dividend yield for New Residential Investment?

New Residential Investment announced a quarterly dividend on Monday, August 23rd. Shareholders of record on Monday, October 4th will be paid a dividend of $0.25 per share on Friday, October 29th. This represents a $1.00 annualized dividend and a yield of 8.64%. The ex-dividend date is Friday, October 1st. This is a positive change from New Residential Investment's previous quarterly dividend of $0.20.
View New Residential Investment's dividend history
.

Is New Residential Investment a good dividend stock?

New Residential Investment pays an annual dividend of $1.00 per share and currently has a dividend yield of 8.61%. NRZ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. New Residential Investment has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of New Residential Investment is 68.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, New Residential Investment will have a dividend payout ratio of 58.48% next year. This indicates that New Residential Investment will be able to sustain or increase its dividend.
View New Residential Investment's dividend history.

What price target have analysts set for NRZ?

13 brokerages have issued twelve-month price objectives for New Residential Investment's shares. Their forecasts range from $10.50 to $13.00. On average, they anticipate New Residential Investment's share price to reach $12.06 in the next twelve months. This suggests a possible upside of 4.2% from the stock's current price.
View analysts' price targets for New Residential Investment
or view top-rated stocks among Wall Street analysts.

Who are New Residential Investment's key executives?

New Residential Investment's management team includes the following people:
  • Michael Nierenberg, Chairman, President & Chief Executive Officer
  • Nicola Santoro, Treasurer, Chief Financial & Accounting Officer
  • Kaitlyn Mauritz, Head-Investor Relations

What other stocks do shareholders of New Residential Investment own?

What is New Residential Investment's stock symbol?

New Residential Investment trades on the New York Stock Exchange (NYSE) under the ticker symbol "NRZ."

Who are New Residential Investment's major shareholders?

New Residential Investment's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include TCW Group Inc. (0.58%), Foundry Partners LLC (0.37%), Bell Bank (0.07%), Capital Investment Advisors LLC (0.06%), Nisa Investment Advisors LLC (0.06%) and SpiderRock Advisors LLC (0.00%). Company insiders that own New Residential Investment stock include Alan L Tyson, Andrew Sloves, Michael Nierenberg, Nicola Santoro Jr and Robert Mcginnis.
View institutional ownership trends for New Residential Investment
.

Which major investors are selling New Residential Investment stock?

NRZ stock was sold by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Nisa Investment Advisors LLC, Golden Green Inc., Strs Ohio, Park Avenue Securities LLC, Pacer Advisors Inc., Capital Investment Advisors LLC, and Kestra Advisory Services LLC.
View insider buying and selling activity for New Residential Investment
or view top insider-selling stocks.

Which major investors are buying New Residential Investment stock?

NRZ stock was purchased by a variety of institutional investors in the last quarter, including TCW Group Inc., Bell Bank, SpiderRock Advisors LLC, Clear Street Markets LLC, AJ Wealth Strategies LLC, Seelaus Asset Management LLC, Concorde Asset Management LLC, and Private Advisor Group LLC. Company insiders that have bought New Residential Investment stock in the last two years include Alan L Tyson, Andrew Sloves, Michael Nierenberg, Nicola Santoro Jr, and Robert Mcginnis.
View insider buying and selling activity for New Residential Investment
or or view top insider-buying stocks.

How do I buy shares of New Residential Investment?

Shares of NRZ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is New Residential Investment's stock price today?

One share of NRZ stock can currently be purchased for approximately $11.57.

How much money does New Residential Investment make?

New Residential Investment has a market capitalization of $5.40 billion and generates $1.95 billion in revenue each year. The real estate investment trust earns $-1.41 billion in net income (profit) each year or $1.46 on an earnings per share basis.

How many employees does New Residential Investment have?

New Residential Investment employs 5,667 workers across the globe.

What is New Residential Investment's official website?

The official website for New Residential Investment is www.newresi.com.

Where are New Residential Investment's headquarters?

New Residential Investment is headquartered at 1345 AVENUE OF THE AMERICAS, NEW YORK NY, 10105.

How can I contact New Residential Investment?

New Residential Investment's mailing address is 1345 AVENUE OF THE AMERICAS, NEW YORK NY, 10105. The real estate investment trust can be reached via phone at (212) 798-3150 or via email at [email protected].


This page was last updated on 10/27/2021 by MarketBeat.com Staff

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