NYSE:NRZ - New Residential Investment Stock Price, Price Target & More Sign in or create an account to add this stock to your watchlist. Get Started $18.23 -0.03 (-0.16 %) (As of 07/16/2018 04:00 PM ET)Previous Close$18.26Today's Range$18.17 - $18.3052-Week Range$15.24 - $18.74Volume2.21 million shsAverage Volume2.99 million shsMarket Capitalization$6.14 billionP/E Ratio6.44Dividend Yield10.94%Beta0.9 Company ProfileFinancialsAnalyst RatingsDividend HistoryEarnings HistoryInsider TradesHeadlinesOptions ChainSEC FilingsSocial MediaChart Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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 Related Assets, Residential Securities and Loans, and Other Investments 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. It also invests in real estate securities, residential mortgage loans, investments in consumer loans, and corporate. In addition, the company has an interest in a portfolio of consumer loans, including unsecured and homeowner loans. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2011 and is based in New York, New York. Receive NRZ News and Ratings via Email Sign-up to receive the latest news and ratings for NRZ and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance SymbolNYSE:NRZ CUSIPN/A Webwww.newresi.com Phone212-479-3195 Debt Debt-to-Equity RatioN/A Current Ratio0.22 Quick Ratio0.22 Price-To-Earnings Trailing P/E Ratio6.44 Forward P/E Ratio8.29 P/E GrowthN/A Sales & Book Value Annual Sales$1.52 billion Price / Sales4.03 Cash FlowN/A Price / CashN/A Book Value$14.27 per share Price / Book1.28 Profitability EPS (Most Recent Fiscal Year)$2.83 Net Income$957.53 million Net Margins89.43% Return on Equity18.15% Return on Assets4.07% Miscellaneous EmployeesN/A Outstanding Shares336,170,000Market Cap$6,138.45 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 Friday, June 22nd. Stockholders of record on Monday, July 2nd will be given a dividend of $0.50 per share on Friday, July 27th. This represents a $2.00 annualized dividend and a dividend yield of 10.97%. The ex-dividend date is Friday, June 29th. 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 Friday, April, 27th. The real estate investment trust reported $0.58 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.55 by $0.03. The real estate investment trust had revenue of $259.19 million for the quarter, compared to analyst estimates of $185.89 million. New Residential Investment had a net margin of 89.43% and a return on equity of 18.15%. During the same quarter in the previous year, the company posted $0.54 earnings per share. 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 Monday, July, 30th 2018. View Earnings Estimates for New Residential Investment. What price target have analysts set for NRZ? 6 Wall Street analysts have issued 12-month target prices for New Residential Investment's stock. Their predictions range from $18.00 to $20.00. On average, they anticipate New Residential Investment's stock price to reach $18.8750 in the next year. This suggests a possible upside of 3.5% from the stock's current price. View Analyst Ratings 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." What are Wall Street analysts saying about New Residential Investment stock? Here are some recent quotes from research analysts about New Residential Investment stock: 1. According to Zacks Investment Research, "New Residential Investment Corp. is a real estate investment trust. It focuses on investing in, and actively managing, investments related to residential real estate. The Company primarily target investments in excess mortgage servicing rights, residential mortgage backed securities, residential mortgage loans and other related investments. New Residential Investment Corp. is based in New York. " (7/3/2018) 2. FBR & Co analysts commented, "We reiterate our Buy rating on shares of New Residential and raise our price target from $17.50 to $19.25. New Residential delivered another strong quarter from an earnings perspective, beating consensus expectations by $0.11 per share on a core basis and realizing another book value increase. What’s most notable about this quarter is that there was nothing notable, just business as usual from an operating perspective. Business as usual has come to mean all the company’s portfolios returning mid-teens to low-twenties IRRs and a mid-to-high teen ROEs. Additionally, New Residential continued to modestly add to its consumer loan, non-agency RMBS and MSR portfolios. While management noted that the pace of investments is likely to moderate as the fixed income and MSR markets remain well-bid, the company remains on the lookout for an acquisition that would protect and extend the earnings life of the existing portfolio." (10/30/2017) Who are some of New Residential Investment's key competitors? Some companies that are related to New Residential Investment include AvalonBay Communities (AVB), DIGITAL Rlty Tr/SH SH (DLR), Equity Residential (EQR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), Ventas (VTR), GGP (GGP), Boston Properties (BXP), SBA Communications (SBAC), Essex Property Trust (ESS), Host Hotels and Resorts (HST), Realty Income (O), Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE) and Gecina (GECFF). 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 55)Mr. Nicola Santoro Jr., CFO & Treasurer (Age 50)Mr. David Schneider, Chief Accounting OfficerMr. Cameron D. MacDougall Esq., Sec. (Age 42) Has New Residential Investment been receiving favorable news coverage? News headlines about NRZ stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. New Residential Investment earned a news impact score of 0.15 on Accern's scale. They also gave media coverage about the real estate investment trust an impact score of 46.05 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future. Who are New Residential Investment's major shareholders? New Residential Investment's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.34%), KAMES CAPITAL plc (0.27%), Nwam LLC (0.06%), Clinton Group Inc. (0.04%), Menlo Advisors LLC (0.04%) and Mckinley Capital Management LLC Delaware (0.03%). Company insiders that own New Residential Investment stock include Andrew Sloves and Michael Nierenberg. View Institutional Ownership Trends for New Residential Investment. Which institutional investors are selling New Residential Investment stock? NRZ stock was sold by a variety of institutional investors in the last quarter, including Denali Advisors LLC, Bank of Montreal Can and Nwam LLC. View Insider Buying and Selling for New Residential Investment. Which institutional investors are buying New Residential Investment stock? NRZ stock was purchased by a variety of institutional investors in the last quarter, including Clinton Group Inc., KAMES CAPITAL plc, State of Alaska Department of Revenue, Menlo Advisors LLC and Mckinley Capital Management LLC Delaware. Company insiders that have bought New Residential Investment stock in the last two years include Andrew Sloves 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, Scottrade, Fidelity and Charles Schwab. What is New Residential Investment's stock price today? One share of NRZ stock can currently be purchased for approximately $18.23. How big of a company is New Residential Investment? New Residential Investment has a market capitalization of $6.14 billion and generates $1.52 billion in revenue each year. The real estate investment trust earns $957.53 million in net income (profit) each year or $2.83 on an earnings per share basis. 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 212-479-3195 or via email at [email protected] MarketBeat Community Rating for New Residential Investment (NYSE NRZ)Community Ranking: 3.0 out of 5 ( )Outperform Votes: 291 (Vote Outperform)Underperform Votes: 195 (Vote Underperform)Total Votes: 486MarketBeat'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 7/16/2018 by MarketBeat.com StaffFeatured Article: What do I need to know about analyst ratings?