New Residential Investment Corp. (NRZ)
| 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 |
A mortgage originator that will benefit from increasing rates.
NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Announces Authorization of Common Share Repurchase Program of Up to $200 Million
NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Announces Authorization of Common Share Repurchase Program of Up to $200 Million
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...
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...
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 ...
NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Announces Fourth Quarter and Full Year 2020 Results
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.
NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Schedules Fourth Quarter and Full Year 2020 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Announces Tax Treatment of 2020 Dividends
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...
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...
Top Ranked Income Stocks to Buy for January 26th
A beaten-up sector has largely recovered from the adverse financial effects of the COVID-19 pandemic.
New Residential Investment Corp. (NYSE:NRZ) is a real estate investment company headquartered in New York City.
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...
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.
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...
This REIT features a balanced business model and a catalyst for further upward movement.
NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Declares Fourth Quarter 2020 Common and Preferred Dividends
New Residential Investment (NRZ) closed at $9.31 in the latest trading session, marking a -1.17% move from the prior day.
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...
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.
Is the market valuing this mortgage originator unfairly?
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...
NEW YORK & FORT WASHINGTON, Pa.--(BUSINESS WIRE)--New Residential Announces NewRez's Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering
FORT WASHINGTON, Pa.--(BUSINESS WIRE)---- $NRZ--NewRez promotes former Human Resources Manager, Lusharn Heastie, for the Servicing Division to Chief Diversity Officer.
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...
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...
Do the recent mortgage IPOs support a higher valuation?
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.
NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Announces Authorization of Preferred Stock Repurchase Program of Up to $100 Million
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 mortgage REIT got hit after reporting earnings. There are really two stories to tell here, and one isn't all that bad.
New Residential Investment Corp. (NRZ) CEO Michael Nierenberg on Q3 2020 Results - Earnings Call Transcript
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...
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 ...
NEW YORK--(BUSINESS WIRE)--NEW RESIDENTIAL INVESTMENT CORP. ANNOUNCES THIRD QUARTER 2020 RESULTS
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.
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.
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...
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...
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.
4 More Mortgage REITS For The Weekend
NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Schedules Third Quarter 2020 Earnings Release and Conference Call
Investors love dividends. The higher the yield, the better they are — within reason.
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...
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...
NRZ has three series of preferred shares. We are most interested in NRZ-B and NRZ-C today.
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 |
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.