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

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

New Residential Investment declared a quarterly dividend on Monday, December 16th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.50 per share on Friday, January 31st. This represents a $2.00 annualized dividend and a dividend yield of 11.47%. The ex-dividend date of this dividend is Monday, December 30th. View New Residential Investment's Dividend History.

New Residential Investment Corp (NYSE:NRZ) issued its quarterly earnings results on Thursday, February, 6th. The real estate investment trust reported $0.61 EPS for the quarter, beating the consensus estimate of $0.52 by $0.09. The real estate investment trust had revenue of $216.08 million for the quarter, compared to analyst estimates of $241.88 million. New Residential Investment had a net margin of 31.89% and a return on equity of 13.14%. During the same period last year, the business posted $0.58 earnings per share. View New Residential Investment's Earnings History.

New Residential Investment is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for New Residential Investment.

7 Wall Street analysts have issued twelve-month target prices for New Residential Investment's shares. Their forecasts range from $16.00 to $20.00. On average, they expect New Residential Investment's share price to reach $18.25 in the next year. This suggests a possible upside of 4.6% from the stock's current price. View Analyst Price Targets for New Residential Investment.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Residential Investment in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for New Residential Investment.

News stories about NRZ stock have been trending very positive recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media 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 4.0 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for New Residential Investment.

New Residential Investment saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 13,180,000 shares, a decline of 30.7% from the January 15th total of 19,010,000 shares. Based on an average daily volume of 3,480,000 shares, the days-to-cover ratio is presently 3.8 days. Approximately 3.2% of the company's stock are sold short. View New Residential Investment's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other New Residential Investment investors own include AT&T (T), Prospect Capital (PSEC), Energy Transfer LP Unit (ET), Two Harbors Investment (TWO), Chembio Diagnostics (CEMI), ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), Starwood Property Trust (STWD), ARBOR RLTY TR I/SH (ABR) and Ares Capital (ARCC).

New Residential Investment's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (1.87%), UBS Group AG (1.58%), State Street Corp (1.40%), Bank of America Corp DE (1.31%), Geode Capital Management LLC (1.28%) and Credit Suisse AG (1.02%). Company insiders that own New Residential Investment stock include Andrew Sloves, David Saltzman, Michael Nierenberg and Robert Mcginnis. View Institutional Ownership Trends for New Residential Investment.

NRZ stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Bank of America Corp DE, First Trust Advisors LP, Standard Life Aberdeen plc, American Assets Capital Advisers LLC, Bank of Montreal Can, SG Americas Securities LLC and Denali Advisors LLC. View Insider Buying and Selling for New Residential Investment.

NRZ stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, FMR LLC, UBS Group AG, Geode Capital Management LLC, Waratah Capital Advisors Ltd., Capital Square LLC, Janus Henderson Group PLC and Assetmark Inc.. Company insiders that have bought New Residential Investment stock in the last two years include Andrew Sloves, David Saltzman, Michael Nierenberg and Robert Mcginnis. 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, Robinhood, Fidelity and Charles Schwab.

One share of NRZ stock can currently be purchased for approximately $17.44.

New Residential Investment has a market capitalization of $7.25 billion and generates $1.77 billion in revenue each year. The real estate investment trust earns $563.30 million in net income (profit) each year or $2.17 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]