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New Residential Investment Corp. (NRZ)

Stock Price: $10.28 USD 0.16 (1.58%)
Updated Feb 26, 2021 4:00 PM EST - Market closed
Pre-market: $10.51 +0.23 (2.24%) Mar 1, 6:20 AM
Market Cap 4.26B
Revenue (ttm) 1.95B
Net Income (ttm) -1.46B
Shares Out 415.51M
EPS (ttm) -3.53
PE Ratio n/a
Forward PE 6.39
Dividend $0.50
Dividend Yield 4.86%
Trading Day February 26
Last Price $10.28
Previous Close $10.12
Change ($) 0.16
Change (%) 1.58%
Day's Open 10.16
Day's Range 10.09 - 10.46
Day's Volume 5,576,437
52-Week Range 2.74 - 15.82

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The Motley Fool - 1 week ago

A mortgage originator that will benefit from increasing rates.

Business Wire - 1 week ago

NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Announces Authorization of Common Share Repurchase Program of Up to $200 Million

Business Wire - 1 week ago

NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Announces Authorization of Common Share Repurchase Program of Up to $200 Million

Zacks Investment Research - 2 weeks ago

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...

Zacks Investment Research - 2 weeks ago

New Residential Investment (NRZ) delivered earnings and revenue surprises of 0.00% and -2.05%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead f...

Benzinga - 2 weeks ago

Shares of New Residential Inv (NYSE:NRZ) fell 0.5% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 47.54% year over year to $0.32, which ...

Business Wire - 2 weeks ago

NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Announces Fourth Quarter and Full Year 2020 Results

Zacks Investment Research - 3 weeks ago

Despite strength in its origination business, a decline in gain on sale margins and portfolio income on account of portfolio asset sales is expected to hinder New Residential's (NRZ) Q4 results.

Business Wire - 3 weeks ago

NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Schedules Fourth Quarter and Full Year 2020 Earnings Release and Conference Call

Business Wire - 1 month ago

NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Announces Tax Treatment of 2020 Dividends

Zacks Investment Research - 1 month ago

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...

Forbes - 1 month ago

After yesterday experienced volatile trading, the market was set for a strong Tuesday thanks to strong earnings, short squeezes, and vaccine optimism. Using our deep learning algorithms, our A...

Other stocks mentioned: DEI, KIM, NLY, NYMT
Zacks Investment Research - 1 month ago

Top Ranked Income Stocks to Buy for January 26th

Other stocks mentioned: PMT, SNP, VOD
The Motley Fool - 1 month ago

A beaten-up sector has largely recovered from the adverse financial effects of the COVID-19 pandemic.

Other stocks mentioned: AGNC, NLY
Schaeffers Research - 1 month ago

New Residential Investment Corp. (NYSE:NRZ) is a real estate investment company headquartered in New York City.

Forbes - 1 month ago

The market's rally since November, largely due to vaccine optimism, political clarity, and stimulus hopes, has sent markets to historically high valuations. With all of this news, our deep lea...

Other stocks mentioned: AL, BFAM, FUN, PLNT
InvestorPlace - 1 month ago

Sometimes, looking back provides clarity for what we should do moving forward. In that spirit, let's have a look at the worst investments of 2020.

Other stocks mentioned: BKD, CCL, COTY, FLY, RRD, SAVE, WFC, XOM
Zacks Investment Research - 1 month ago

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...

The Motley Fool - 2 months ago

This REIT features a balanced business model and a catalyst for further upward movement.

Business Wire - 2 months ago

NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Declares Fourth Quarter 2020 Common and Preferred Dividends

Zacks Investment Research - 2 months ago

New Residential Investment (NRZ) closed at $9.31 in the latest trading session, marking a -1.17% move from the prior day.

Seeking Alpha - 2 months ago

New Residential's old business model got into trouble during spring, but its operating businesses are doing well in this environment. Shares traded at a steep discount to book value a couple o...

Business Wire - 2 months ago

FORT WASHINGTON, Pa.--(BUSINESS WIRE)---- $NRZ--NewRez and The Menkiti Group enter into partnership to launch new joint venture, Mission Mortgage, based in D.C.

The Motley Fool - 3 months ago

Is the market valuing this mortgage originator unfairly?

InvestorPlace - 3 months ago

New Residential (NRZ) is preparing for a spin-off of NewRez with details of an upcoming IPO for the stock filed with the SEC. The post New Residential Spin-Off: 13 Things for Potential NRZ Sto...

Business Wire - 3 months ago

NEW YORK & FORT WASHINGTON, Pa.--(BUSINESS WIRE)--New Residential Announces NewRez's Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering

Business Wire - 3 months ago

FORT WASHINGTON, Pa.--(BUSINESS WIRE)---- $NRZ--NewRez promotes former Human Resources Manager, Lusharn Heastie, for the Servicing Division to Chief Diversity Officer.

Seeking Alpha - 3 months ago

NRZ-A has two sister shares, NRZ-B and NRZ-C. These shares should be viewed as interchangeable. The problem is not that NRZ-A is fundamentally unattractive. The shares have a stripped yield of...

Seeking Alpha - 3 months ago

NewRez operates in an extremely competitive and complicated industry and it requires a talented staff to make sure it is executing in all aspects of its business. The growth of its origination...

The Motley Fool - 3 months ago

Do the recent mortgage IPOs support a higher valuation?

Business Wire - 3 months ago

FORT WASHINGTON, Pa.--(BUSINESS WIRE)---- $NRZ--NewRez announces their charitable donation goal of one million dollars by the end of 2020 under community investment program, NewRez NOW.

Business Wire - 3 months ago

NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Announces Authorization of Preferred Stock Repurchase Program of Up to $100 Million

Business Wire - 4 months ago

FORT WASHINGTON, Pa.--(BUSINESS WIRE)---- $NRZ--NewRez announces promotion of Bob Johnson, the former EVP of Capital Markets, to Chief Operating Officer of the Origination Division.

The Motley Fool - 4 months ago

The mortgage REIT got hit after reporting earnings. There are really two stories to tell here, and one isn't all that bad.

Seeking Alpha - 4 months ago

New Residential Investment Corp. (NRZ) CEO Michael Nierenberg on Q3 2020 Results - Earnings Call Transcript

Zacks Investment Research - 4 months ago

New Residential Investment (NRZ) delivered earnings and revenue surprises of -8.82% and -13.91%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahea...

Benzinga - 4 months ago

Shares of New Residential Investment (NYSE:NRZ) moved lower by 2.6% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share were down 38.00% over the ...

Business Wire - 4 months ago

NEW YORK--(BUSINESS WIRE)--NEW RESIDENTIAL INVESTMENT CORP. ANNOUNCES THIRD QUARTER 2020 RESULTS

Seeking Alpha - 4 months ago

The REIT Forum recently started covering the preferred shares from NRZ and a couple of them are within our buy range. We see NRZ-B as the clear winner at recent prices.

Benzinga - 4 months ago

New Residential Inv (NYSE: NRZ) releases its next round of earnings this Monday, October 26. Get the latest predictions in Benzinga's essential guide to the company's Q3 earnings report.

Zacks Investment Research - 4 months ago

Despite higher refinancing activity supporting New Residential's (NRZ) origination business in Q3, a decline in MSR valuations, courtesy of high prepayments, is likely to have played a spoilsp...

Business Wire - 4 months ago

JACKSONVILLE, Fla.--(BUSINESS WIRE)---- $NRZ--NewRez intends to hire for over 100 job opportunities in the Jacksonville region to grow what is already a rapidly-expanding core enterprise locat...

Zacks Investment Research - 4 months ago

New Residential Investment (NRZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Seeking Alpha - 4 months ago

4 More Mortgage REITS For The Weekend

Other stocks mentioned: CHMI, PMT, TWO
Business Wire - 4 months ago

NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Schedules Third Quarter 2020 Earnings Release and Conference Call

24/7 Wall Street - 4 months ago

Investors love dividends. The higher the yield, the better they are — within reason.

InvestorPlace - 4 months ago

As the company focuses on growth strategies in American real estate, you can capture both yield and price appreciation with NRZ stock. The post After This Dividend Hike, Add New Residential In...

Zacks Investment Research - 4 months ago

New Residential Investment (NRZ) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly re...

Seeking Alpha - 5 months ago

NRZ has three series of preferred shares. We are most interested in NRZ-B and NRZ-C today.

The Motley Fool - 5 months ago

The new payout is still far below where it was a year ago, however.

About NRZ

New Residential Investment, a real estate investment trust, focuses on investing in and managing residential mortgage related assets in the United States. It operates through five segments: Origination, Servicing, MSR Related Investments, Residential Securities and Loans, and Consumer Loans. The company invests in excess mortgage servicing rights (MSRs) on residential mortgage loans; and in servicer advances, including the basic fee component of the related MSRs. It also invests in real estate securities and residential mortgage loans, as well ... [Read more...]

Industry
REIT-Mortgage
Founded
2011
CEO
Michael Nierenberg
Employees
5,664
Stock Exchange
NYSE
Ticker Symbol
NRZ
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecasts

According to 13 analysts, the average rating for NRZ stock is "Strong Buy." The 12-month stock price forecast is 11.46, which is an increase of 11.48% from the latest price.

Price Target
$11.46
(11.48% upside)
Analyst Consensus: Strong Buy