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

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

New Residential Investment declared a quarterly dividend on Tuesday, June 18th. Stockholders of record on Monday, July 1st will be paid 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 14.03%. The ex-dividend date of this dividend is Friday, June 28th. View New Residential Investment's Dividend History.

New Residential Investment Corp (NYSE:NRZ) announced its quarterly earnings data on Tuesday, July, 30th. The real estate investment trust reported $0.53 earnings per share 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 analyst estimates of $240.28 million. New Residential Investment had a return on equity of 13.22% and a net margin of 17.24%. During the same quarter last year, the business posted $0.58 EPS. View New Residential Investment's Earnings History.

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

3 brokers have issued 1-year price targets for New Residential Investment's stock. Their predictions range from $18.00 to $20.00. On average, they expect New Residential Investment's stock price to reach $18.8333 in the next twelve months. This suggests a possible upside of 32.1% from the stock's current price. View Analyst Price Targets for New Residential Investment.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Residential Investment in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for New Residential Investment.

Media stories about NRZ stock have trended negative recently, according to InfoTrie. The research group scores 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 -5 to 5, with scores closest to five being the most favorable. New Residential Investment earned a daily sentiment score of -2.3 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for New Residential Investment.

Some companies that are related to New Residential Investment include Realty Income (O), Essex Property Trust (ESS), Boston Properties (BXP), Weyerhaeuser (WY), HCP (HCP), Alexandria Real Estate Equities (ARE), Extra Space Storage (EXR), WP Carey (WPC), Mid-America Apartment Communities (MAA), UDR (UDR), Sun Communities (SUI), ANNALY CAP MGMT/SH (NLY), Equity Lifestyle Properties (ELS), Gecina (GECFF) and Duke Realty (DRE).

Based on aggregate information from My MarketBeat watchlists, some companies that other New Residential Investment investors own include AT&T (T), Prospect Capital (psec), Chembio Diagnostics (CEMI), Two Harbors Investment (TWO), Energy Transfer LP Unit (ET), Omega Healthcare Investors (OHI), ANNALY CAP MGMT/SH (NLY), Starwood Property Trust (STWD), Ares Capital (ARCC) and Washington Prime Group (WPG).

New Residential Investment's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.13%), BlackRock Inc. (6.24%), Nan Shan Life Insurance Co. Ltd. (5.01%), UBS Group AG (1.42%), Bank of America Corp DE (1.33%) and Balyasny Asset Management LLC (1.27%). Company insiders that own New Residential Investment stock include Andrew Sloves, David Saltzman and Michael Nierenberg. View Institutional Ownership Trends for New Residential Investment.

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.

NRZ stock was acquired by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Nuveen Asset Management LLC, Atria Investments LLC, UBS Group AG, BlackRock Inc., Centaurus Financial Inc., Vanguard Group Inc. and Denali Advisors LLC. 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.

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.

One share of NRZ stock can currently be purchased for approximately $14.26.

New Residential Investment has a market capitalization of $5.93 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.

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

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]