New Residential Investment Corp. (NRZ)
Stock Price:
$8.00 USD
-0.18 (-2.14%)
Updated Aug 13, 2020 3:42 PM EDT - Market open
Key Info
| Market Cap |
3.32B |
| Revenue (ttm) |
-71.87M |
| Net Income (ttm) |
-1.14B |
| Shares Out |
415.74M |
| EPS (ttm) |
-2.83 |
| PE Ratio |
n/a |
| Forward PE |
5.49 |
| Dividend |
$0.40 |
| Dividend Yield |
5.00% |
Stock Quote
| Trading Day |
Aug 13, 2020 |
| Last Price |
$8.00 |
| Previous Close |
$8.17 |
| Change ($) |
-0.18 |
| Change (%) |
-2.14% |
| Day's Open |
8.10 |
| Day's Range |
7.97 - 8.29 |
| Day's Volume |
3,677,853 |
| 52-Week Range |
2.91 - 17.66 |
More Stats
| Market Cap |
3.32B |
| Enterprise Value |
19.83B |
| Earnings Date (est) |
Oct 23, 2020 |
| Ex-Dividend Date |
Jul 1, 2020 |
| Shares Outstanding |
415.74M |
| Float |
413.71M |
| EPS (basic) |
-2.82 |
| EPS (diluted) |
-2.83 |
| FCF / Share |
9.48 |
| Dividend |
$0.40 |
| Dividend Yield |
5.00% |
| Earnings Yield |
n/a |
| FCF Yield |
118.48% |
| Payout Ratio |
n/a |
| Shares Short |
12.90M |
| Short Ratio |
2.20 |
| Short % of Float |
3.12% |
| Beta |
1.76 |
| PE Ratio |
n/a |
| Forward PE |
5.49 |
| P/FCF Ratio |
0.84 |
| PS Ratio |
n/a |
| PB Ratio |
0.78 |
| Revenue |
-71.87M |
| Operating Income |
-1.71B |
| Net Income |
-1.14B |
| Free Cash Flow |
3.94B |
| Net Cash |
-16.51B |
| Net Cash / Share |
-39.71 |
| Gross Margin |
-1,804.51% |
| Operating Margin |
2,381.83% |
| Profit Margin |
233.90% |
| FCF Margin |
-5,479.89% |
| ROA |
-3.59% |
| ROE |
-17.85% |
| ROIC |
n/a |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (9)
| Buy |
7 |
| Overweight |
1 |
| Hold |
1 |
| Underweight |
0 |
| Sell |
0 |
Price Target
$9.84*
(23.08% upside)
Low
8.50
Current: $8.00
High
11.00
Target: 9.84
*Average 12-month price target from 8 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|
| Revenue | 1,141 | 1,444 | 1,605 | 796 | 389 | 570 | 308 | 50.48 |
| Revenue Growth | -21.01% | -10% | 101.66% | 104.74% | -31.8% | 84.99% | 510.36% | - |
| Gross Profit | 938 | 1,243 | 1,416 | 668 | 333 | 492 | 276 | 47.13 |
| Operating Income | 172 | 835 | 1,182 | 622 | 271 | 465 | 266 | 41.25 |
| Net Income | 563 | 964 | 958 | 504 | 269 | 353 | 266 | 41.25 |
| Shares Outstanding | 409 | 341 | 302 | 238 | 201 | 136 | 127 | 127 |
| Earnings Per Share | 1.34 | 2.81 | 3.15 | 2.12 | 1.32 | 2.53 | 2.07 | 0.33 |
| EPS Growth | -52.31% | -10.79% | 48.58% | 60.61% | -47.83% | 22.22% | 527.27% | - |
| Dividend Per Share | 2.00 | 2.00 | 1.98 | 1.84 | 1.75 | 1.58 | 0.99 | - |
| Dividend Growth | 0% | 1.01% | 7.61% | 5.14% | 10.76% | 59.6% | - | - |
| Operating Cash Flow | -1,623 | -1,229 | -900 | 561 | 306 | -172 | 157 | - |
| Capital Expenditures | 1.54 | 5.78 | - | - | - | - | - | - |
| Free Cash Flow | -1,621 | -1,223 | -900 | 561 | 306 | -172 | 157 | - |
| Cash & Equivalents | 691 | 415 | 446 | 454 | 345 | 242 | 305 | 0.00 |
| Total Debt | 35,809 | 22,656 | 15,747 | 13,181 | 11,293 | 6,058 | 4,109 | 151 |
| Net Cash / Debt | -35,118 | -22,241 | -15,300 | -12,728 | -10,948 | -5,815 | -3,804 | -151 |
| Assets | 44,863 | 31,691 | 22,214 | 18,400 | 15,193 | 8,089 | 5,959 | 535 |
| Liabilities | 37,627 | 25,603 | 17,417 | 14,931 | 12,206 | 6,239 | 4,446 | 157 |
| Book Value | 7,158 | 5,998 | 4,690 | 3,260 | 2,796 | 1,596 | 1,266 | 378 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
New Residential Investment Corp. |
| Country |
United States |
| Employees |
4,592 |
| CEO |
Michael Nierenberg |
Stock Information
| Ticker Symbol |
NRZ |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Real Estate |
| Industry |
REIT—Mortgage |
| Unique Identifier |
NYSE: NRZ |
Description
New Residential Investment Corp., a real estate investment trust, focuses on investing in and managing residential mortgage related assets in the United States. It operates through Origination, Servicing, MSR Related Investments, Residential Securities and Loans, and Consumer Loans segments. 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 as in consumer loans, including unsecured and homeowner loans. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2011 and is based in New York, New York.