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 announced a quarterly dividend on Monday, December 16th. Shareholders 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 dividend on an annualized basis and a yield of 11.96%. 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 earnings results on Friday, October, 25th. The real estate investment trust reported $0.50 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.51 by $0.01. The real estate investment trust earned $202.23 million during the quarter, compared to the consensus estimate of $227.21 million. New Residential Investment had a return on equity of 12.69% and a net margin of 19.60%. During the same period in the previous year, the firm earned $0.63 EPS. View New Residential Investment's Earnings History.

New Residential Investment is scheduled to release their next quarterly earnings announcement on Tuesday, February 11th 2020. View Earnings Estimates for New Residential Investment.

7 Wall Street analysts have issued 12-month target prices for New Residential Investment's shares. Their forecasts range from $16.00 to $19.00. On average, they anticipate New Residential Investment's share price to reach $18.00 in the next twelve months. This suggests a possible upside of 7.7% 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.

Media stories about NRZ stock have trended somewhat negative this week, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. New Residential Investment earned a news impact score of -1.2 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely 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 increase in short interest in the month of December. As of December 31st, there was short interest totalling 19,010,000 shares, an increase of 20.9% from the December 15th total of 15,730,000 shares. Based on an average trading volume of 3,300,000 shares, the days-to-cover ratio is currently 5.8 days. Approximately 4.6% of the company's shares are short sold. 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), Weyerhaeuser (WY), Ventas (VTR), Boston Properties (BXP), Essex Property Trust (ESS), Alexandria Real Estate Equities (ARE), HCP (HCP), Mid-America Apartment Communities (MAA), Extra Space Storage (EXR), WP Carey (WPC), Sun Communities (SUI), ANNALY CAP MGMT/SH (NLY), UDR (UDR) 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), Energy Transfer LP Unit (ET), Two Harbors Investment (TWO), ANNALY CAP MGMT/SH (NLY), Starwood Property Trust (STWD), Omega Healthcare Investors (OHI), ARBOR RLTY TR I/SH (ABR) and Ares Capital (ARCC).

New Residential Investment's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Advisors Capital Management LLC (0.24%), KAMES CAPITAL plc (0.18%), Garnet Equity Capital Holdings Inc. (0.05%), Nisa Investment Advisors LLC (0.03%), Wedbush Securities Inc. (0.03%) and Steward Partners Investment Advisory LLC (0.03%). 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 Ironsides Asset Advisors LLC, Steward Partners Investment Advisory LLC, Wedbush Securities Inc., NEXT Financial Group Inc and Janney Montgomery Scott LLC. View Insider Buying and Selling for New Residential Investment.

NRZ stock was acquired by a variety of institutional investors in the last quarter, including Garnet Equity Capital Holdings Inc., Nisa Investment Advisors LLC, Advisors Capital Management LLC, Clear Street Markets LLC, Bristlecone Advisors LLC, M&R Capital Management Inc., KAMES CAPITAL plc and AE Wealth Management LLC. 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 $16.72.

New Residential Investment has a market capitalization of $6.95 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]