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. 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 annualized dividend and a yield of 11.34%. The ex-dividend date is Monday, December 30th. View New Residential Investment's Dividend History.

New Residential Investment Corp (NYSE:NRZ) announced its quarterly earnings results on Thursday, February, 6th. The real estate investment trust reported $0.61 earnings per share for the quarter, topping 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 the consensus estimate 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 in the previous year, the business earned $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 brokerages have issued 12 month target prices for New Residential Investment's shares. Their forecasts range from $16.00 to $20.00. On average, they anticipate New Residential Investment's stock price to reach $18.25 in the next year. This suggests a possible upside of 3.5% 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 negative this week, according to InfoTrie. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. New Residential Investment earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned news articles 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 impact on the stock's share price in the near term. View News Stories for New Residential Investment.

New Residential Investment saw a drop in short interest in January. As of January 31st, there was short interest totalling 13,180,000 shares, a drop 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 short-interest ratio is presently 3.8 days. Currently, 3.2% of the company's stock 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), Boston Properties (BXP), Ventas (VTR), Alexandria Real Estate Equities (ARE), Essex Property Trust (ESS), HCP (HCP), Mid-America Apartment Communities (MAA), Sun Communities (SUI), Extra Space Storage (EXR), ANNALY CAP MGMT/SH (NLY), WP Carey (WPC), 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), Energy Transfer LP Unit (ET), Two Harbors Investment (TWO), Chembio Diagnostics (CEMI), ANNALY CAP MGMT/SH (NLY), Starwood Property Trust (STWD), AGNC Investment (AGNC), Ares Capital (ARCC) and ARBOR RLTY TR I/SH (ABR).

New Residential Investment's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (1.87%), UBS Group AG (1.58%), State Street Corp (1.40%), Bank of America Corp DE (1.31%), Credit Suisse AG (1.02%) and Goldman Sachs Group Inc. (0.87%). 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, American Assets Capital Advisers LLC, Bank of Montreal Can, SG Americas Securities LLC, Denali Advisors LLC and New York State Common Retirement Fund. View Insider Buying and Selling for New Residential Investment.

NRZ stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, FMR LLC, UBS Group AG, Waratah Capital Advisors Ltd., Capital Square LLC, Assetmark Inc., Stifel Financial Corp and Advisors Asset Management 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 $17.63.

New Residential Investment has a market capitalization of $7.33 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]