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New Residential Investment Corp. (NRZ)

NYSE: NRZ · IEX Real-Time Price · USD
11.38
0.05 (0.44%)
At close: Dec 8, 2021 4:00 PM
11.37
-0.01 (-0.09%)
After-hours:Dec 8, 2021 7:02 PM EST
Market Cap5.31B
Revenue (ttm)2.93B
Net Income (ttm)613.66M
Shares Out466.58M
EPS (ttm)1.37
PE Ratio8.31
Forward PE6.26
Dividend$0.85 (7.47%)
Ex-Dividend DateOct 1, 2021
Volume3,790,677
Open11.32
Previous Close11.33
Day's Range11.27 - 11.52
52-Week Range8.98 - 11.81
Beta1.84
AnalystsStrong Buy
Price Target12.80 (+12.5%)
Earnings DateNov 2, 2021

About NRZ

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 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...

IndustryMortgage Real Estate Investment Trusts (REITs)
Founded2011
CEOMichael Nierenberg
Employees12,746
Stock ExchangeNYSE
Ticker SymbolNRZ
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for NRZ stock is "Strong Buy." The 12-month stock price forecast is 12.80, which is an increase of 12.48% from the latest price.

Price Target
$12.80
(12.48% upside)
Analyst Consensus: Strong Buy

News

New Residential Investment Corp. Appoints Patrice M. Le Melle to Board of Directors

NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Appoints Patrice M. Le Melle to Board of Directors

1 month ago - Business Wire

New Residential Investment (NRZ) Surpasses Q3 Earnings and Revenue Estimates

New Residential Investment (NRZ) delivered earnings and revenue surprises of 25.71% and 10.39%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the s...

1 month ago - Zacks Investment Research

New Residential Investment Corp. Announces Third Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Announces Third Quarter 2021 Results

1 month ago - Business Wire

What's in Store for New Residential (NRZ) in Q3 Earnings?

New Residential's (NRZ) Q3 results is anticipated to display strength in its servicing and origination business, while a decline in gain on sale margins is expected to hinder.

1 month ago - Zacks Investment Research

New Residential Bolsters Its Mortgage Offerings With Fix-and-Flip Lender

New Residential is building its residential lending arm.

1 month ago - The Motley Fool

New Residential Investment (NRZ) Earnings Expected to Grow: What to Know Ahead of Q3 Release

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.

1 month ago - Zacks Investment Research

New Residential Investment Corp. Schedules Third Quarter 2021 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Schedules Third Quarter 2021 Earnings Release and Conference Call

1 month ago - Business Wire

New Residential Investment Corp. to Acquire Genesis Capital LLC

NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. to Acquire Genesis Capital LLC

1 month ago - Business Wire

Implied Volatility Surging for New Residential (NRZ) Stock Options

Investors need to pay close attention to New Residential (NRZ) stock based on the movements in the options market lately.

2 months ago - Zacks Investment Research

New Residential Investment Corp. Declares Third Quarter 2021 Preferred Dividends

NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Declares Third Quarter 2021 Preferred Dividends

2 months ago - Business Wire

New Residential Investment Corp. Announces Pricing of Public Offering of Preferred Stock

NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Announces Pricing of Public Offering of Preferred Stock

2 months ago - Business Wire

New Residential Investment Corp. Launches Public Offering of Preferred Stock

NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. (NYSE: NRZ; “New Residential” or the “Company”) announces that it has launched an opportunistic underwritten public offering of Fixed-Rate Res...

2 months ago - Business Wire

New Residential Bets Servicing Can Beat the Fed

Can collecting checks save the company from the Federal Reserve?

3 months ago - The Motley Fool

New Residential (NRZ) Closes Caliber Buyout, Hikes Dividend

New Residential (NRZ) hikes its third-quarter dividends by 25%, following the acquisition of Caliber, which poses the company to expand mortgage operations.

3 months ago - Zacks Investment Research

New Residential Investment Corp. Completes Previously Announced Acquisition of Caliber Home Loans, Inc. and Raises Th...

NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Completes Previously Announced Acquisition of Caliber Home Loans, Inc.

3 months ago - Business Wire

New Residential Investment (NRZ) Meets Q2 Earnings Estimates

New Residential Investment (NRZ) delivered earnings and revenue surprises of 0.00% and 0.82%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

New Residential Investment Corp. Announces Second Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Announces Second Quarter 2021 Results

4 months ago - Business Wire

Earnings Preview: New Residential Inv

On Thursday, July 29, New Residential Inv (NYSE:NRZ) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

4 months ago - Benzinga

Earnings Preview: New Residential Investment (NRZ) Q2 Earnings Expected to Decline

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 months ago - Zacks Investment Research

New Residential Investment Corp. Schedules Second Quarter 2021 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Schedules Second Quarter 2021 Earnings Release and Conference Call

4 months ago - Business Wire

Urban Edge Properties Appoints Susan Givens to the Board of Trustees

NEW YORK--(BUSINESS WIRE)--Urban Edge Properties Appoints Susan Givens to the Board of Trustees

Other symbols:UE
5 months ago - Business Wire

New Residential Investment Corp. Declares Second Quarter 2021 Common and Preferred Dividends

NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Declares Second Quarter 2021 Common and Preferred Dividends

5 months ago - Business Wire

Like Dividends? I Bet You'll Love These 2 Stocks

Income is possible if you know where to look.

Other symbols:WY
6 months ago - The Motley Fool

New Residential Investment Reports Strong Numbers on Mortgage Servicing Gains

It's an interesting asset for this REIT that increases in price as rates rise.

6 months ago - The Motley Fool

NewRez Appoints Raj Singh as Chief Risk Officer

FORT WASHINGTON, Pa.--(BUSINESS WIRE)---- $NRZ--NewRez announces that Rajinder Singh has joined its executive team as Chief Risk Officer.

6 months ago - Business Wire