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New Residential Investment Corp. (NRZ)

Stock Price: $8.00 USD -0.18 (-2.14%)
Updated Aug 13, 2020 3:42 PM EDT - Market open

Stock Price Chart

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

Analyst Consensus: Buy

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

Year20192018201720162015201420132012
Revenue1,1411,4441,60579638957030850.48
Revenue Growth-21.01%-10%101.66%104.74%-31.8%84.99%510.36%-
Gross Profit9381,2431,41666833349227647.13
Operating Income1728351,18262227146526641.25
Net Income56396495850426935326641.25
Shares Outstanding409341302238201136127127
Earnings Per Share1.342.813.152.121.322.532.070.33
EPS Growth-52.31%-10.79%48.58%60.61%-47.83%22.22%527.27%-
Dividend Per Share2.002.001.981.841.751.580.99-
Dividend Growth0%1.01%7.61%5.14%10.76%59.6%--
Operating Cash Flow-1,623-1,229-900561306-172157-
Capital Expenditures1.545.78------
Free Cash Flow-1,621-1,223-900561306-172157-
Cash & Equivalents6914154464543452423050.00
Total Debt35,80922,65615,74713,18111,2936,0584,109151
Net Cash / Debt-35,118-22,241-15,300-12,728-10,948-5,815-3,804-151
Assets44,86331,69122,21418,40015,1938,0895,959535
Liabilities37,62725,60317,41714,93112,2066,2394,446157
Book Value7,1585,9984,6903,2602,7961,5961,266378
Numbers in millions USD, except per-share numbers.

Company Profile

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.