NYSE:NRZ

New Residential Investment - NRZ Stock Forecast, Price & News

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Today's Range: N/A
50-Day Range: N/A
52-Week Range: N/A

Volume: 5.09 million shs
Average Volume: 5.86 million shs
Market Capitalization: $5.08 billion

P/E Ratio: 4.82
Dividend Yield: 9.18%
Price Target: N/A

New Residential Investment MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.72
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 5.79%
From $1.21 to $1.28 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.61 out of 5 stars

Finance Sector

868th out of 926 stocks

Real Estate Investment Trusts Industry

179th out of 197 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for New Residential Investment.

N/A

Short Interest

Short Interest
There is no current short interest data available for NRZ.

2.5

Dividend Strength

Dividend Leadership
New Residential Investment is a leading dividend payer. It pays a dividend yield of 9.18%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
New Residential Investment has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of New Residential Investment is 44.25%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
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.

1.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
New 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 Sustainability
The Environmental Impact score for New Residential Investment is -0.72.

1.1

News and Social Media Coverage

News Sentiment
New Residential Investment has a news sentiment score of 0.03. 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 0.61 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for New Residential Investment this week, compared to 1 article on an average week.
Social Mentions This Week
MarketBeat has tracked 1 reddit mention for New Residential Investment this week, compared to 1 mention on an average week.
Search Interest
Only 12 people have searched for NRZ on MarketBeat in the last 30 days. This is a decrease of -64% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added New Residential Investment to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, New Residential Investment insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.68% of the stock of New Residential Investment is held by insiders.
Percentage Held by Institutions
46.48% 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.

1.9

Earnings and Valuation

Earnings Growth
Earnings 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 Market
The P/E ratio of New Residential Investment is 4.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.35.
Price to Earnings Ratio vs. Sector
The P/E ratio of New Residential Investment is 4.82, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 159.30.

See Top Rated MarketRank™ Stocks Here

About New Residential Investment (NYSE:NRZ) Stock

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.

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NRZ Stock News Headlines

September 28, 2022 | americanbankingnews.com

New Residential Investment (NYSE:NRZ) Coverage Initiated by Analysts at StockNews.com

September 17, 2022 | thestreet.com

New Residential Investment (NRZ) Stock Gains on Home Loan Servicing Acquisition

September 29, 2022 | Investing Trends (Ad)

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September 15, 2022 | bizjournals.com

New home sales rebound in August

September 9, 2022 | thestreet.com

OCN, ASPS And NRZ, Pushing Real Estate Industry Downward

August 28, 2022 | seekingalpha.com

Rithm: Buyer Beware, 2 Better Big-Dividends Worth Considering

See More Headlines

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NRZ Company Calendar

Last Earnings: 8/02/2022
Today: 9/29/2022
Next Earnings (Estimated): 10/31/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Real estate investment trusts
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:NRZ
CUSIP: N/A
CIK: 1556593
Web: www.newresi.com
Phone: 212 798 3150
Fax: N/A
Employees: 12,296
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $2.26
Trailing P/E Ratio: 4.82
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $772.23 million
Net Margins: 28.82%
Pretax Margin: 36.06%
Return on Equity: 13.84%
Return on Assets: 1.95%

Debt

Debt-to-Equity Ratio: 0.09
Current Ratio: 0.44
Quick Ratio: 0.44

Sales & Book Value

Annual Sales: $3.62 billion
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: 7.09
Book Value: $11.59 per share
Price / Book: N/A

Miscellaneous

Outstanding Shares: 466,787,000
Free Float: 463,613,000
Market Cap: $5.08 billion
Optionable: Optionable
Beta: 1.68

Key Executives

Mr. Michael Nierenberg (Age 59)
Chairman, Pres & CEO

Mr. Nicola Santoro Jr. (Age 54)
CFO, Chief Accounting Officer & Treasurer

Mr. Cameron D. MacDougall Esq. (Age 46)
Sec.

Ms. BoHee Yoon
Sec.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NRZ Stock - Frequently Asked Questions

When is New Residential Investment's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, October 31st 2022.
View our NRZ earnings forecast.
How were New Residential Investment's earnings last quarter?: New Residential Investment Corp. (NYSE:NRZ) posted its earnings results on Tuesday, August, 2nd. The company reported $0.31 earnings per share for the quarter, hitting analysts' consensus estimates of $0.31. New Residential Investment had a trailing twelve-month return on equity of 13.84% and a net margin of 28.82%.
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 9.18%. NRZ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 44.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, NRZ will have a dividend payout ratio of 78.13% in the coming year. This indicates that the company may not be able to sustain their current dividend.
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 stock 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.
How much money does New Residential Investment make?: New Residential Investment (NYSE:NRZ) has a market capitalization of $0.00 and generates $3.62 billion in revenue each year. The company earns $772.23 million in net income (profit) each year or $2.26 on an earnings per share basis.
How many employees does New Residential Investment have?: The company 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 the company is www.newresi.com. The company can be reached via phone at 212 798 3150 or via email at ir@newresi.com.

This page (NYSE:NRZ) was last updated on 9/29/2022 by MarketBeat.com Staff

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New Residential Investment - NRZ Stock Forecast, Price & News

New Residential Investment MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Social Mentions This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About New Residential Investment (NYSE:NRZ) Stock

NRZ Stock News Headlines

NRZ Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

NRZ Stock - Frequently Asked Questions

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

Overall MarketRank^™