New Residential Investment Corp. Company Profile (NYSE:NRZ)

About New Residential Investment Corp.

New Residential Investment Corp. logoNew Residential Investment Corp. (New Residential) is a publicly traded real estate investment trust. The Company is focused on investing and managing residential real estate investments. Its portfolio consists of servicing related assets, residential securities and loans and other investments. Its business segments include: Excess Mortgage Servicing Rights (Excess MSRs), Servicer Advances, Real Estate Securities, Real Estate Loans, Consumer Loans and Corporate. It has acquired Excess MSRs on residential mortgage loans with an aggregate unpaid principal balance (UPB) as of December 31, 2014 of approximately $248.7 billion. It acquires and manages a portfolio of credit sensitive real estate securities, including Non-Agency and Agency residential mortgage backed securities (RMBS). It has acquired residential mortgage loans, including performing, non-performing, re-performing and reverse mortgage loans.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Residential
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: NRZ
  • CUSIP:
Key Metrics:
  • Previous Close: $13.94
  • 50 Day Moving Average: $13.77
  • 200 Day Moving Average: $12.67
  • Trailing P/E Ratio: 9.53
  • Foreward P/E Ratio: 7.38
  • P/E Growth: 0.00
  • Market Cap: $3.21B
  • Outstanding Shares: 230,493,000
  • Beta: 0.94
Additional Links:
Companies Related to New Residential Investment Corp.:

Analyst Ratings

Consensus Ratings for New Residential Investment Corp. (NYSE:NRZ) (?)
Ratings Breakdown: 1 Hold Rating, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.86)
Consensus Price Target: $15.75 (12.98% upside)

Analysts' Ratings History for New Residential Investment Corp. (NYSE:NRZ)
Show:
DateFirmActionRatingPrice TargetDetails
8/10/2016Barclays PLCBoost Price TargetOverweight$15.00 -> $16.00View Rating Details
8/8/2016Credit Suisse Group AGSet Price TargetBuy$17.00View Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyView Rating Details
5/18/2016Compass PointDowngradeBuy -> Neutral$15.00View Rating Details
2/25/2016FBR & CoReiterated RatingOutperform$21.00 -> $15.50View Rating Details
12/23/2015JMP SecuritiesInitiated CoverageOutperform$15.00View Rating Details
10/19/2015Piper Jaffray Cos.UpgradeNeutral -> Overweight$17.00 -> $16.00View Rating Details
5/14/2015Keefe, Bruyette & WoodsBoost Price TargetOutperform$16.00 -> $17.50View Rating Details
4/23/2015Citigroup Inc.Boost Price TargetBuy$14.00 -> $18.00View Rating Details
4/20/2015Bank of America Corp.Initiated CoverageBuy$18.50View Rating Details
10/10/2014Imperial CapitalInitiated CoverageNeutral$6.50View Rating Details
(Data available from 8/29/2014 forward)

Earnings

Earnings History for New Residential Investment Corp. (NYSE:NRZ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2016        
8/2/2016Q216$0.50$0.52$161.00 million$137.43 millionViewN/AView Earnings Details
5/4/2016Q116$0.50$0.49$486.34 millionViewN/AView Earnings Details
2/24/2016Q415$0.49$0.52$454.04 millionViewListenView Earnings Details
11/3/2015Q315$0.49$0.49$516.00 millionViewN/AView Earnings Details
8/10/2015Q215$0.46$0.45$440.54 millionViewListenView Earnings Details
5/8/2015Q115$0.43$0.44$319.15 millionViewN/AView Earnings Details
2/27/2015Q314$0.41$0.41ViewN/AView Earnings Details
11/7/2014$0.37$0.43ViewN/AView Earnings Details
8/6/2014Q214$0.17$0.20ViewN/AView Earnings Details
5/14/2014Q114$0.16ViewN/AView Earnings Details
4/4/2014$0.16$0.14ViewN/AView Earnings Details
3/20/2014Q413$0.16$0.14ViewN/AView Earnings Details
11/7/2013$0.18$0.15ViewN/AView Earnings Details
8/7/2013Q213$0.15ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for New Residential Investment Corp. (NYSE:NRZ)
Current Year EPS Consensus Estimate: $1.72 EPS
Next Year EPS Consensus Estimate: $1.89 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.49$0.49$0.49
Q2 20161$0.46$0.46$0.46
Q4 20161$0.51$0.51$0.51
Q1 20171$0.52$0.52$0.52
Q2 20171$0.51$0.51$0.51
Q3 20171$0.50$0.50$0.50
Q4 20171$0.52$0.52$0.52
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for New Residential Investment Corp. (NYSE:NRZ)
Annual Dividend:$1.84
Dividend Yield:13.20%
Payout Ratio:125.17% (Based on Trailing 12 Months of Earnings)
106.98% (Based on Current Year Consensus EPS Estimate)
97.35% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:0.00% (3 Year Average)

Dividend History for New Residential Investment Corp. (NYSE:NRZ)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/27/2016quarterly$0.467/5/20167/7/20167/29/2016
3/22/2016quarterly$0.463/31/20164/4/20164/29/2016
12/10/2015quarterly$0.4612/29/201512/31/20151/29/2016
9/22/2015quarterly$0.4610/1/201510/5/201510/30/2015
5/14/2015quarterly$0.4510.44%5/21/20155/26/20157/24/2015
3/17/2015quarterly$0.3810.11%3/24/20153/26/20154/30/2015
12/19/2014special$0.3812/26/201412/30/20141/30/2015
9/18/2014quarterly$0.189/25/20149/29/201410/31/2014
6/17/2014special$0.0810.8%6/25/20146/27/20147/31/2014
3/20/2014quarterly$0.183/27/20143/31/20144/30/2014
12/18/2013quarterly$0.1810.31%12/26/201312/30/20131/31/2014
12/18/2013special$0.0810.31%12/26/201312/30/20131/31/2014
9/18/2013quarterly$0.1810.45%9/25/20139/27/201310/31/2013
6/4/2013quarterly$0.076/11/20136/13/20137/31/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for New Residential Investment Corp. (NYSE:NRZ)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/15/2015Michael NierenbergCEOBuy9,100$16.05$146,055.00View SEC Filing  
6/15/2015Wesley R EdensDirectorSell3,245,764$15.88$51,542,732.32View SEC Filing  
5/13/2015Alan L TysonDirectorBuy20,000$16.85$337,000.00View SEC Filing  
4/13/2015Loan Servicing Solutions HomeMajor ShareholderSell28,286,980$14.95$422,890,351.00View SEC Filing  
4/13/2015Michael NierenbergCEOBuy250,000$15.25$3,812,500.00View SEC Filing  
4/30/2014Michael NierenbergCEOBuy1,000,000$6.10$6,100,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for New Residential Investment Corp. (NYSE:NRZ)
DateHeadline
investornewswire.com logoNew Residential Investment Corp. (NYSE:NRZ) Rating In Focus - Investor Newswire (NYSE:NRZ)
www.investornewswire.com - August 18 at 9:36 AM
News Icon4 High-Yield Dividend Stocks Worth the Risk (NYSE:NRZ)
portal.kiplinger.com - August 17 at 9:35 AM
istreetwire.com logo3 Stocks in Focus: New Residential Investment Corp. (NRZ), The Mosaic Company (MOS), Viavi Solutions Inc. (VIAV) - iStreetWire (NYSE:NRZ)
istreetwire.com - August 16 at 9:48 AM
biz.yahoo.com logoNEW RESIDENTIAL INVESTMENT CORP. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements (NYSE:NRZ)
biz.yahoo.com - August 16 at 9:48 AM
seekingalpha.com logoNew Residential Investment: Don't Worry About That Capital Raise (NYSE:NRZ)
seekingalpha.com - August 12 at 6:39 PM
streetinsider.com logoNew Residential Investment (NRZ) Prices 20M Share Stock Offering for Proceeds of ~$284M (NYSE:NRZ)
www.streetinsider.com - August 12 at 9:44 AM
seekingalpha.com logoShareholders Lost Their Minds In New Residential Investment Corp. (NYSE:NRZ)
seekingalpha.com - August 12 at 9:44 AM
forbes.com logoNew Residential Investment (NRZ) Passes Through 13% Yield Mark (NYSE:NRZ)
www.forbes.com - August 12 at 9:44 AM
seekingalpha.com logoShareholders Lost Their Minds In New Residential Investment Corp. - Seeking Alpha (NYSE:NRZ)
seekingalpha.com - August 11 at 6:58 PM
finance.yahoo.com logoNEW RESIDENTIAL INVESTMENT CORP. Financials (NYSE:NRZ)
finance.yahoo.com - August 11 at 6:58 PM
News IconScripps Networks Interactive, Inc. (NASDAQ:SNI) & New Residential ... - Money News (press release) (NYSE:NRZ)
www.newsismoney.com - August 11 at 9:43 AM
streetinsider.com logoNew Residential Investment (NRZ) Prices 20M Share Stock Offering for Proceeds of ~$284M - StreetInsider.com (NYSE:NRZ)
www.streetinsider.com - August 11 at 9:43 AM
finance.yahoo.com logoADDING and REPLACING New Residential Announces Public Offering of Common Stock (NYSE:NRZ)
finance.yahoo.com - August 11 at 9:43 AM
biz.yahoo.com logoNEW RESIDENTIAL INVESTMENT CORP. Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:NRZ)
biz.yahoo.com - August 11 at 9:43 AM
finance.yahoo.com logoNew Residential Announces Pricing of Public Offering of Common Stock (NYSE:NRZ)
finance.yahoo.com - August 11 at 9:43 AM
finance.yahoo.com logo6:52 am New Residential Investment announces that it priced its public offering of 20 mln shares of its common stock for gross proceeds of ~$284.0 mln (NYSE:NRZ)
finance.yahoo.com - August 11 at 9:43 AM
streetinsider.com logoWalter Investment Management (WAC), New Residential (NRZ) Enter MSR Purchase and Sale Agreement (NYSE:NRZ)
www.streetinsider.com - August 10 at 6:57 PM
thestreet.com logoNew Residential Announces Public Offering Of Common Stock (NYSE:NRZ)
www.thestreet.com - August 10 at 6:57 PM
seekingalpha.com logoNew Residential: Good Company Misses A Great Opportunity (NYSE:NRZ)
seekingalpha.com - August 10 at 6:57 PM
streetinsider.com logoWalter Investment Management (WAC), New Residential (NRZ) Enter MSR Purchase and Sale Agreement - StreetInsider.com (NYSE:NRZ)
www.streetinsider.com - August 9 at 9:43 AM
publicnow.com logoWalter Investment Management Corp. Announces Second Quarter 2016 Highlights And Financial Results (NYSE:NRZ)
www.publicnow.com - August 9 at 9:43 AM
publicnow.com logoNew Residential and Walter Investment Announce Mortgage Servicing Rights Purchase Agreement and Subservicing Agreement (NYSE:NRZ)
www.publicnow.com - August 9 at 9:43 AM
News IconDividend Stock Buzz: New Residential Investment Corp. (NYSE:NRZ ... - TWN (NYSE:NRZ)
thewellesleysnews.com - August 6 at 6:38 PM
streetreport.co logoNew Residential Investment Corp. (NYSE:NRZ) nearing 52-week high, short interest dropping - Street Report (NYSE:NRZ)
www.streetreport.co - August 6 at 6:38 PM
seekingalpha.com logoNew Residential Investment Corp: A No-Brainer With Strong Core Earnings And A 13% Dividend Yield (NYSE:NRZ)
seekingalpha.com - August 4 at 9:42 AM
biz.yahoo.com logoNEW RESIDENTIAL INVESTMENT CORP. Files SEC form 10-Q, Quarterly Report (NYSE:NRZ)
biz.yahoo.com - August 4 at 9:42 AM
finance.yahoo.com logoEdited Transcript of NRZ earnings conference call or presentation 2-Aug-16 12:00pm GMT (NYSE:NRZ)
finance.yahoo.com - August 3 at 9:48 AM
seekingalpha.com logoNew Residential Investment Corp: A No-Brainer With Strong Core Earnings And A 13% Dividend Yield - Seeking Alpha (NYSE:NRZ)
seekingalpha.com - August 2 at 6:51 PM
istreetwire.com logoMomentum Stocks: New Residential Investment Corp. (NRZ), Plug Power Inc. (PLUG), Avis Budget Group, Inc. (CAR) - iStreetWire (NYSE:NRZ)
istreetwire.com - August 2 at 11:25 AM
seekingalpha.com logoNew Residential Investment beats by $0.02 - Seeking Alpha (NYSE:NRZ)
seekingalpha.com - August 2 at 11:25 AM
sg.finance.yahoo.com logoNew Residential Investment posts 2Q profit (NYSE:NRZ)
sg.finance.yahoo.com - August 2 at 11:25 AM
biz.yahoo.com logoNEW RESIDENTIAL INVESTMENT CORP. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Stateme (NYSE:NRZ)
biz.yahoo.com - August 2 at 11:25 AM
News IconPaul Stockamore (NYSE:NRZ)
www.healthdatamanagement.com - July 30 at 9:22 AM
globenewswire.com logoOcwen Financial Announces Operating Results For Second Quarter 2016 (NYSE:NRZ)
globenewswire.com - July 27 at 6:51 PM
4-traders.com logoNew Residential Investment : Schedules Second Quarter 2016 Earnings Release and Conference Call (NYSE:NRZ)
www.4-traders.com - July 27 at 6:51 PM
finance.yahoo.com logoNew Residential Schedules Second Quarter 2016 Earnings Release and Conference Call (NYSE:NRZ)
finance.yahoo.com - July 27 at 6:23 PM
streetupdates.com logoNotable Analyst's Ranking Preview: Morgan Stanley (NYSE:MS) , New Residential Investment Corp. (NYSE:NRZ) - Street Updates (NYSE:NRZ)
www.streetupdates.com - July 26 at 9:44 AM
News IconAmerican Assets Capital Advisers Decreased Stake in New Residential Invt Corp (NYSE:NRZ) by $22.69 Million as ... - Consumer Eagle (NYSE:NRZ)
www.consumereagle.com - July 22 at 9:28 AM
news.cmlviz.com logoOption Market: New Residential Investment Corp. (NYSE:NRZ) Risk Hits A Lowered Level - CML News (NYSE:NRZ)
news.cmlviz.com - July 22 at 9:28 AM
News IconShares Positive Over the Past Month: New Residential Investment Corp. (NYSE:NRZ) - TGP (NYSE:NRZ)
telanaganapress.com - July 20 at 7:13 PM
tradecalls.org logoAdvocacy Wealth Management Services buys $161054 stake in New Residential Investment Corp (NRZ) - Trade Calls (NYSE:NRZ)
www.tradecalls.org - July 20 at 7:13 PM
News IconNew Residential Investment Corp. (NYSE:NRZ): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:NRZ)
www.engelwooddaily.com - July 20 at 9:28 AM
news.cmlviz.com logoNew Residential Investment Corp. (NYSE:NRZ) Fundamental Star Rating Report - CML News (NYSE:NRZ)
news.cmlviz.com - July 20 at 9:28 AM
News IconSolid Performer in Focus: New Residential Investment Corp. (NYSE:NRZ) - Engelwood Daily (NYSE:NRZ)
www.engelwooddaily.com - July 19 at 6:39 PM
News IconEquity Roundup: Stock Performance Focus on New Residential Investment Corp. (NYSE:NRZ) - Press Telegraph (NYSE:NRZ)
presstelegraph.com - July 19 at 6:39 PM
biz.yahoo.com logoNEW RESIDENTIAL INVESTMENT CORP. Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:NRZ)
biz.yahoo.com - July 18 at 5:14 PM
News IconTrading Performance and Target Watch for New Residential Investment Corp. (NYSE:NRZ) - Press Telegraph (NYSE:NRZ)
presstelegraph.com - July 18 at 11:55 AM
tradecalls.org logoShares of New Residential Investment (NRZ) Rally 1% - Trade Calls (NYSE:NRZ)
www.tradecalls.org - July 18 at 11:55 AM
News IconNew Residential Investment Corp. (NYSE:NRZ) Wall Street Analyst Recommendation Outlook - TGP (NYSE:NRZ)
telanaganapress.com - July 18 at 11:55 AM
News IconAre Analysts Bearish New Residential Investment Corp (NYSE:NRZ) After Last Week? - Consumer Eagle (NYSE:NRZ)
www.consumereagle.com - July 17 at 5:56 PM

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New Residential Investment Corp. (NYSE:NRZ) Chart for Monday, August, 29, 2016


Last Updated on 8/29/2016 by MarketBeat.com Staff