New Residential Investment (NRZ) Stock Price, News & Analysis

Company Overview

New Residential Investment Corp. operates as a real estate investment trust in the United States. It operates through Origination, Servicing, MSR Related Investments, Residential Securities, Properties and Loans, Consumer Loans, Mortgage Loans, and Corporate segments. The company invests in mortgage servicing rights, mortgage origination and servicing companies, residential mortgage-backed securities, properties and loans, consumer loans, and other opportunistic investments. It qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. New Residential Investment Corp. was incorporated in 2011 and is based in New York, New York.

Key Stats

• Today's Range: N/A
• 50-Day Range: N/A
• 52-Week Range: N/A
• Volume: 5.09 million shs
• Average Volume: 5.86 million shs
• Market Capitalization: $5.08 billion
• P/E Ratio: 4.82
• Dividend Yield: 9.18%
• Price Target: N/A
• Consensus Rating: N/A

New Residential Investment Stock Analysis - MarketRank™

New Residential Investment scored higher than 23% of companies evaluated by MarketBeat, and ranked 884th out of 958 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for New Residential Investment.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 5.79%

Earnings Growth

Earnings for New Residential Investment are expected to grow by 5.79% in the coming year, from $1.21 to $1.28 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of New Residential Investment is 4.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.01.

Price to Earnings Ratio vs. Sector

The P/E ratio of New Residential Investment is 4.82, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.25.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for NRZ.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

New Residential Investment is a leading dividend payer. It pays a dividend yield of 9.18%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

New Residential Investment does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of New Residential Investment is 44.25%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on EPS estimates, New Residential Investment will have a dividend payout ratio of 78.13% in the coming year. This indicates that New Residential Investment may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 1.4 / 5
• Environmental Score: -0.72

Short Interest

There is no current short interest data available for NRZ.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for New Residential Investment this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, New Residential Investment insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.68% of the stock of New Residential Investment is held by insiders.

Percentage Held by Institutions

46.48% of the stock of New Residential Investment is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NRZ Stock Analysis - Frequently Asked Questions

How were New Residential Investment's earnings last quarter?

New Residential Investment Corp. (NYSE:NRZ) released its earnings results on Tuesday, August, 2nd. The company reported $0.31 EPS for the quarter, hitting analysts' consensus estimates of $0.31. New Residential Investment had a net margin of 28.82% and a trailing twelve-month return on equity of 13.84%.

What other stocks do shareholders of New Residential Investment own?

Based on aggregate information from My MarketBeat watchlists, some other companies that New Residential Investment investors own include Garmin (GRMN), Dorchester Minerals (DMLP), WPP (WPP), AstraZeneca (AZN), Meta Platforms (META), Pan American Silver (PAAS) and Argo Group International (ARGO).

Company Calendar

• Last Earnings: 8/02/2022
• Today: 11/15/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real Estate Investment Trusts
• Sub-Industry: N/A
• Current Symbol: NYSE:NRZ
• CUSIP: N/A
• CIK: 1556593
• Web: www.newresi.com
• Phone: 212 798 3150
• Fax: N/A
• Employees: 12,296
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $2.26
• Trailing P/E Ratio: 4.82
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $772.23 million
• Net Margins: 28.82%
• Pretax Margin: 36.06%
• Return on Equity: 13.84%
• Return on Assets: 1.95%

Debt

• Debt-to-Equity Ratio: 0.09
• Current Ratio: 0.44
• Quick Ratio: 0.44

Sales & Book Value

• Annual Sales: $3.62 billion
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: 7.09
• Book Value: $11.59 per share
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 466,787,000
• Free Float: 463,613,000
• Market Cap: $5.08 billion
• Optionable: Optionable
• Beta: 1.68