New Residential Investment Stock Price, News & Analysis (NYSE:NRZ)

$15.21
+0.05 (+0.33 %)
(As of 09/22/2019 04:00 PM ET)
Today's Range
$15.12
Now: $15.21
$15.27
50-Day Range
$13.8850
MA: $14.60
$15.59
52-Week Range
$13.63
Now: $15.21
$18.32
Volume5.03 million shs
Average Volume3.00 million shs
Market Capitalization$6.32 billion
P/E Ratio6.39
Dividend Yield13.19%
Beta1.1
New Residential Investment Corp., a real estate investment trust, focuses on investing in and managing residential mortgage related assets in the United States. It operates through Servicing and Originations, Residential Securities and Loans, and Consumer Loans segments. The company invests in excess mortgage servicing rights (MSRs) on residential mortgage loans; and in servicer advances, including the basic fee component of the related MSRs. Read More…

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone212-798-3150

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.66 billion
Cash Flow$0.3337 per share
Book Value$17.89 per share

Profitability

Net Income$963.97 million

Miscellaneous

Employees2,357
Market Cap$6.32 billion
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

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New Residential Investment (NYSE:NRZ) Frequently Asked Questions

What is New Residential Investment's stock symbol?

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

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 Tuesday, June 18th. Stockholders of record on Monday, July 1st will be given a dividend of $0.50 per share on Friday, July 26th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 13.15%. The ex-dividend date is Friday, June 28th. View New Residential Investment's Dividend History.

How were New Residential Investment's earnings last quarter?

New Residential Investment Corp (NYSE:NRZ) issued its earnings results on Tuesday, July, 30th. The real estate investment trust reported $0.53 EPS for the quarter, missing analysts' consensus estimates of $0.54 by $0.01. The real estate investment trust had revenue of $188.04 million for the quarter, compared to the consensus estimate of $240.28 million. New Residential Investment had a net margin of 17.24% and a return on equity of 13.22%. During the same period in the previous year, the company earned $0.58 EPS. View New Residential Investment's Earnings History.

When is New Residential Investment's next earnings date?

New Residential Investment is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for New Residential Investment.

What price target have analysts set for NRZ?

6 equities research analysts have issued 12 month price objectives for New Residential Investment's stock. Their forecasts range from $18.00 to $20.00. On average, they anticipate New Residential Investment's stock price to reach $18.70 in the next twelve months. This suggests a possible upside of 22.9% from the stock's current price. View Analyst Price Targets for New Residential Investment.

What is the consensus analysts' recommendation for New Residential Investment?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Residential Investment in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for New Residential Investment.

Has New Residential Investment been receiving favorable news coverage?

Media stories about NRZ stock have been trending somewhat negative on Sunday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. New Residential Investment earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for New Residential Investment.

Who are some of New Residential Investment's key competitors?

What other stocks do shareholders of New Residential Investment own?

Who are New Residential Investment's key executives?

New Residential Investment's management team includes the folowing people:
  • Mr. Michael Nierenberg, Chairman, Pres & CEO (Age 56)
  • Mr. Nicola Santoro Jr., CFO & Treasurer (Age 51)
  • Mr. David Schneider, Chief Accounting Officer (Age 37)
  • Ms. Mandy Cheuk, Head of Investor Relations
  • Mr. Cameron D. MacDougall Esq., Sec. (Age 43)

Who are New Residential Investment's major shareholders?

New Residential Investment's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.13%), BlackRock Inc. (6.24%), BlackRock Inc. (6.24%), Nan Shan Life Insurance Co. Ltd. (5.01%), UBS Group AG (1.42%) and Bank of America Corp DE (1.33%). Company insiders that own New Residential Investment stock include Andrew Sloves, David Saltzman and Michael Nierenberg. 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 Vaughan Nelson Investment Management L.P., Nan Shan Life Insurance Co. Ltd., Bank of America Corp DE, Yorktown Management & Research Co Inc, Natixis Advisors L.P., BNP Paribas Arbitrage SA, Eagle Asset Management Inc. and Invesco Ltd.. View Insider Buying and Selling for New Residential Investment.

Which major investors are buying New Residential Investment stock?

NRZ stock was bought by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Nuveen Asset Management LLC, Atria Investments LLC, Atria Investments LLC, UBS Group AG, BlackRock Inc., BlackRock Inc. and Centaurus Financial Inc.. Company insiders that have bought New Residential Investment stock in the last two years include Andrew Sloves, David Saltzman and Michael Nierenberg. View Insider Buying and Selling for New Residential Investment.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is New Residential Investment's stock price today?

One share of NRZ stock can currently be purchased for approximately $15.21.

How big of a company is New Residential Investment?

New Residential Investment has a market capitalization of $6.32 billion and generates $1.66 billion in revenue each year. The real estate investment trust earns $963.97 million in net income (profit) each year or $2.38 on an earnings per share basis. New Residential Investment employs 2,357 workers across the globe.View Additional Information About New Residential Investment.

What is New Residential Investment's official website?

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

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]


MarketBeat Community Rating for New Residential Investment (NYSE NRZ)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  400 (Vote Outperform)
Underperform Votes:  293 (Vote Underperform)
Total Votes:  693
MarketBeat's community ratings are surveys of what our community members think about New Residential Investment and other stocks. Vote "Outperform" if you believe NRZ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NRZ will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/22/2019 by MarketBeat.com Staff

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