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New Residential Investment Corp. (NRZ)

Stock Price: $9.68 USD 0.18 (1.84%)
Updated December 3, 11:02 AM EST - Market open

Stock Price Chart

Key Info

Market Cap 4.02B
Revenue (ttm) -206.58M
Net Income (ttm) -1.32B
Shares Out 415.74M
EPS (ttm) -3.18
PE Ratio n/a
Forward PE 6.43
Dividend $0.60
Dividend Yield 6.20%

Stock Quote

Trading Day December 3
Last Price $9.68
Previous Close $9.50
Change ($) 0.18
Change (%) 1.84%
Day's Open 9.59
Day's Range 9.47 - 9.68
Day's Volume 844,509
52-Week Range 3.19 - 16.91

More Stats

Market Cap 4.02B
Enterprise Value 27.40B
Earnings Date (est) n/a
Ex-Dividend Date Oct 2, 2020
Shares Outstanding 415.74M
Float n/a
EPS (basic) -3.17
EPS (diluted) -3.18
FCF / Share 6.23
Dividend $0.60
Dividend Yield 6.20%
Earnings Yield n/a
FCF Yield 64.41%
Payout Ratio n/a
Shares Short 11.21M
Short Ratio 2.35
Short % of Float n/a
Beta 1.79
PE Ratio n/a
Forward PE 6.43
P/FCF Ratio 1.55
PS Ratio n/a
PB Ratio 0.89
Revenue -206.58M
Operating Income -1.50B
Net Income -1.32B
Free Cash Flow 2.59B
Net Cash -23.38B
Net Cash / Share -56.23
Gross Margin -1,102.21%
Operating Margin 728.27%
Profit Margin 639.70%
FCF Margin -1,254.05%
ROA -3.43%
ROE -19.37%
ROIC -2.00%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (12)

Buy 10
Overweight 1
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$11.02*
(13.90% upside)
Low
9.50
Current: $9.68
High
13.50
Target: 11.02
*Average 12-month price target from 12 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 & Equivalents691415446454345242305-
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 5,102
CEO Michael Nierenberg

Stock Information

Ticker Symbol NRZ
Stock Exchange NYSE
Sector Real Estate
Industry REIT-Mortgage
Unique Identifier NYSE: NRZ

Description

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 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.