NYSE:NRZ New Residential Investment Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding New Residential Investment Corp. Please log in to your account or sign up in order to add this asset to your watchlist. $9.55 +0.23 (+2.47%) (As of 07/1/2022 12:00 AM ET) Add Compare Share Today's Range$9.23▼$9.6050-Day Range$8.25▼$11.7452-Week Range$8.18▼$11.81Volume6.07 million shsAverage Volume6.14 million shsMarket Capitalization$4.46 billionP/E Ratio4.23Dividend Yield10.73%Price Target$12.20 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability New Residential Investment Stock Forecast (MarketRank)Analyst RatingModerate Buy2.71 Rating ScoreUpside/Downside27.7% Upside$12.20 Price TargetShort InterestHealthy2.46% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.72Upright™ Environmental ScoreNews Sentiment-0.12Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth5.79%From $1.21 to $1.28 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.2.27 out of 5 starsFinance Sector312th out of 1,394 stocksReal Estate Investment Trusts Industry57th out of 235 stocks 3.4 Analyst's Opinion Consensus RatingNew Residential Investment has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 6 buy ratings, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.20, New Residential Investment has a forecasted upside of 27.7% from its current price of $9.55.Amount of Analyst CoverageNew Residential Investment has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.46% of the float of New Residential Investment has been sold short.Short Interest Ratio / Days to CoverNew Residential Investment has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in New Residential Investment has recently increased by 27.93%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipNew Residential Investment is a leading dividend payer. It pays a dividend yield of 10.73%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNew Residential Investment has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of New Residential Investment is 44.25%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, New Residential Investment will have a dividend payout ratio of 78.13% in the coming year. This indicates that New Residential Investment may not be able to sustain their current dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreNew Residential Investment has received a -27.98% net impact score from Upright. On the other hand, these positive outcomes are achieved by using resources or causing negative impacts in categories "Scarce human capital", "Societal stability & understanding among people", and "GHG emissions". The negative contribution in the "Societal stability & understanding among people" impact category seems to be driven mostly by its "Private-label mortgage-backed securities", "Government-sponsored mortgage-backed securities", and "Mortgages provided by brick and mortar banks" products. See details.Environmental SustainabilityThe Environmental Impact score for New Residential Investment is -0.72. Previous Next 2.2 News and Social Media Coverage News SentimentNew Residential Investment has a news sentiment score of -0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for New Residential Investment this week, compared to 2 articles on an average week.Social Mentions This WeekMarketBeat has tracked 2 reddit mentions for New Residential Investment this week, compared to 1 mention on an average week.Search Interest100 people have searched for NRZ on MarketBeat in the last 30 days. This is an increase of 4% compared to the previous 30 days.MarketBeat Follows44 people have added New Residential Investment to their MarketBeat watchlist in the last 30 days. This is an increase of 47% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, New Residential Investment insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.68% of the stock of New Residential Investment is held by insiders.Percentage Held by Institutions46.48% of the stock of New Residential Investment is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for New Residential Investment are expected to grow by 5.79% in the coming year, from $1.21 to $1.28 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New Residential Investment is 4.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 47.16.Price to Earnings Ratio vs. SectorThe P/E ratio of New Residential Investment is 4.23, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 61.30.Price to Book Value per Share RatioNew Residential Investment has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive NRZ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for New Residential Investment and its competitors with MarketBeat's FREE daily newsletter. Email Address About New Residential Investment (NYSE:NRZ)New Residential Investment Corp. operates as a real estate investment trust in the United States. It operates through Origination, Servicing, MSR Related Investments, Residential Securities, Properties and Loans, Consumer Loans, Mortgage Loans, and Corporate segments. The company invests in mortgage servicing rights, mortgage origination and servicing companies, residential mortgage-backed securities, properties and loans, consumer loans, and other opportunistic investments. It qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. New Residential Investment Corp. was incorporated in 2011 and is based in New York, New York.Read More NRZ Stock News HeadlinesJuly 2, 2022 | americanbankingnews.comNew Residential Investment (NYSE:NRZ) Shares Gap Down to $9.68June 27, 2022 | finance.yahoo.comREITs Monday Action: Independence Realty Trust Up 2.65%June 25, 2022 | americanbankingnews.comNew Residential Investment Corp. Forecasted to Earn Q2 2022 Earnings of $0.28 Per Share (NYSE:NRZ)June 17, 2022 | seekingalpha.comNew Residential internalizes management, to change name to RithmJune 17, 2022 | finance.yahoo.comNew Residential Investment Corp. Announces Internalization and Rebrand to Rithm Capital, and Declares Second Quarter 2022 DividendsJune 16, 2022 | finance.yahoo.comIs the Options Market Predicting a Spike in New Residential Investment (NRZ) Stock?June 16, 2022 | americanbankingnews.comNew Residential Investment (NYSE:NRZ) Shares Gap Up to $9.05June 15, 2022 | morningstar.comNew Residential Investment Corp - Stock Price vs Fair Value NRZJune 14, 2022 | americanbankingnews.comNew Residential Investment (NYSE:NRZ) Downgraded by Piper Sandler to UnderweightJune 9, 2022 | finance.yahoo.comNewrez Tees Off New Partnership with Rising Golf Star and U.S. Air Force Veteran Kyle WestmorelandJune 7, 2022 | finance.yahoo.comNewrez Supports Non-Traditional Borrowers Through Signature Non-QM ProductsMay 24, 2022 | seekingalpha.comNew Residential: Ready For High Interest Rates?May 20, 2022 | nasdaq.comFirst Week of NRZ July 15th Options TradingSee More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:NRZ CUSIPN/A CIK1556593 Webwww.newresi.com Phone(212) 798-3150FaxN/AEmployees12,296Year FoundedN/ACompany Calendar Ex-Dividend for 4/29 Dividend4/01/2022Dividend Payable4/29/2022Last Earnings5/03/2022Ex-Dividend for 7/29 Dividend6/30/2022Today7/02/2022Dividend Payable7/29/2022Next Earnings (Estimated)8/04/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$12.20 High Stock Price Forecast$13.50 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+27.7%Consensus RatingModerate Buy Rating Score (0-4)2.71428571428571 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$2.259990 Trailing P/E Ratio4.23 Forward P/E Ratio7.89 P/E GrowthN/ANet Income$772.23 million Net Margins28.82% Pretax Margin36.06% Return on Equity13.84% Return on Assets1.95% Debt Debt-to-Equity Ratio0.09 Current Ratio0.44 Quick Ratio0.44 Sales & Book Value Annual Sales$3.62 billion Price / Sales1.23 Cash Flow$1.49 per share Price / Cash Flow6.39 Book Value$11.59 per share Price / Book0.82Miscellaneous Outstanding Shares466,787,000Free Float463,613,000Market Cap$4.46 billion OptionableOptionable Beta1.66 New Residential Investment Frequently Asked Questions Should I buy or sell New Residential Investment stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for New Residential Investment in the last twelve months. There are currently 1 sell rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" New Residential Investment stock. View analyst ratings for New Residential Investment or view top-rated stocks. What is New Residential Investment's stock price forecast for 2022? 7 equities research analysts have issued 12 month price objectives for New Residential Investment's stock. Their NRZ stock forecasts range from $10.00 to $13.50. On average, they expect New Residential Investment's stock price to reach $12.20 in the next twelve months. This suggests a possible upside of 27.7% from the stock's current price. View analysts' price targets for New Residential Investment or view top-rated stocks among Wall Street analysts. How has New Residential Investment's stock performed in 2022? New Residential Investment's stock was trading at $10.71 at the start of the year. Since then, NRZ stock has decreased by 10.8% and is now trading at $9.55. View the best growth stocks for 2022 here. Are investors shorting New Residential Investment? New Residential Investment saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 10,030,000 shares, an increase of 27.9% from the May 31st total of 7,840,000 shares. Based on an average daily volume of 6,690,000 shares, the days-to-cover ratio is presently 1.5 days. Approximately 2.5% of the shares of the company are short sold. 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 Thursday, August 4th 2022. View our earnings forecast for New Residential Investment. How were New Residential Investment's earnings last quarter? New Residential Investment Corp. (NYSE:NRZ) announced its quarterly earnings results on Tuesday, May, 3rd. The real estate investment trust reported $0.37 EPS for the quarter, topping the consensus estimate of $0.35 by $0.02. New Residential Investment had a net margin of 28.82% and a trailing twelve-month return on equity of 13.84%. During the same quarter in the previous year, the business posted $0.34 earnings per share. View New Residential Investment's earnings history. 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 17th. Investors of record on Friday, July 1st will be given a dividend of $0.25 per share on Friday, July 29th. This represents a $1.00 annualized dividend and a dividend yield of 10.47%. The ex-dividend date of this dividend is Thursday, June 30th. View New Residential Investment's dividend history. Is New Residential Investment a good dividend stock? New Residential Investment(NYSE:NRZ) pays an annual dividend of $1.00 per share and currently has a dividend yield of 10.73%. NRZ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. New Residential Investment does not yet have a strong track record of dividend growth. The dividend payout ratio of New Residential Investment is 44.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, New Residential Investment will have a dividend payout ratio of 78.13% in the coming year. This indicates that New Residential Investment may not be able to sustain their current dividend. View New Residential Investment's dividend history. Who are New Residential Investment's key executives? New Residential Investment's management team includes the following people: Mr. Michael Nierenberg, Chairman, Pres & CEO (Age 59)Mr. Nicola Santoro Jr., CFO, Chief Accounting Officer & Treasurer (Age 54)Mr. Cameron D. MacDougall Esq., Sec. (Age 46)Ms. BoHee Yoon, Sec. Who are some of New Residential Investment's key competitors? Some companies that are related to New Residential Investment include Essex Property Trust (ESS), W. P. Carey (WPC), UDR (UDR), Camden Property Trust (CPT), Healthpeak Properties (PEAK), Iron Mountain (IRM), Boston Properties (BXP), Equity LifeStyle Properties (ELS), Kimco Realty (KIM), American Homes 4 Rent (AMH), Gaming and Leisure Properties (GLPI), Sino Land (SNLAY), Host Hotels & Resorts (HST), Regency Centers (REG) and CubeSmart (CUBE). View all of NRZ's competitors. What other stocks do shareholders of New Residential Investment own? Based on aggregate information from My MarketBeat watchlists, some companies that other New Residential Investment investors own include Two Harbors Investment (TWO), Washington Prime Group (WPG), AT&T (T), Energy Transfer (ET), Prospect Capital (PSEC), CBL & Associates Properties (CBL), Golar LNG Partners (GMLP), Annaly Capital Management (NLY), Orchid Island Capital (ORC) and New York Mortgage Trust (NYMT). 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 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 $9.55. How much money does New Residential Investment make? New Residential Investment (NYSE:NRZ) has a market capitalization of $4.46 billion and generates $3.62 billion in revenue each year. The real estate investment trust earns $772.23 million in net income (profit) each year or $2.259990 on an earnings per share basis. How many employees does New Residential Investment have? New Residential Investment employs 12,296 workers across the globe. How can I contact New Residential Investment? New Residential Investment's mailing address is 1345 AVENUE OF THE AMERICAS, NEW YORK NY, 10105. The official website for New Residential Investment is www.newresi.com. The real estate investment trust can be reached via phone at (212) 798-3150 or via email at [email protected]. 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