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NRZ

New Residential Investment Corp.

Real Estate

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Price alert · NRZ

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10.89 0.00 0.00%
As of Aug 2, 2022
10.77 Day range 10.97

52-week range unavailable

Open
10.89
Prev close
10.89
Mkt cap
5.08B
Vol
5.09M
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
9.18%
More statistics
Low
10.77
High
10.97
Forward P/E
6.60
Beta
1.67
Short ratio
1.17
Inst. own
47.31%
Dividend
1.00
Ex-div date
Jun 29, 2022
Earnings
Aug 2, 2022
50-d avg
10.00
200-d avg
10.59
1y target
12.35

2Y chart

Chart tools
Interval
NRZ two-year price chart8.189.0910.0010.911.8Nov 21Dec 21Feb 22Apr 22Jun 22Aug 22

Key statistics

Market cap
5.08B
Enterprise value
31.53B
Trailing P/E
4.88
Forward P/E
6.60
PEG ratio
0.54
Price / sales
1.40
Price / book
0.87
EPS (TTM)
2.23
Beta
1.67
Dividend yield
9.18%
Payout ratio
42.60%
Profit margin
31.99%
Revenue (TTM)
3.64B
Revenue growth
56.20%
Free cash flow
0
Total cash
2.19B
Total debt
27.32B
Return on equity
18.65%
Shares outstanding
466.79M
Short % of float
1.84%
50-day average
10.00
200-day average
10.59

Analyst view

Consensus: buy

Buy
Price target (mean) 12.35 +13.4% upside
Target (low)
10.00
Target (mean)
12.35
Target (high)
14.00
Ratings (0m) 8 7 buy · 1 hold · 0 sell
  • Strong buy2
  • Buy5
  • Hold1
  • Sell0
  • Strong sell0

Next earnings

Aug 2, 2022

Expected Aug 2, 2022. Consensus EPS estimate 0.32.

Earnings history

Earnings

NRZ recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Aug 2, 2022Jun 1, 20220.29———
May 3, 2022Mar 1, 20220.34———
Feb 8, 2022Dec 1, 20210.38———
Nov 2, 2021Sep 1, 20210.35———
Jul 29, 2021Jun 1, 20210.31———
May 5, 2021Mar 1, 20210.34———

Upgrades / downgrades

NRZ analyst upgrades and downgrades
DateFirmActionFromTo
Jun 13, 2022Piper SandlerdownNeutralUnderweight
May 19, 2022Raymond Jamesmain—Outperform
May 5, 2022Piper SandlerdownOverweightNeutral
Mar 29, 2022Raymond Jamesmain—Outperform
Nov 19, 2021RBC Capitalmain—Outperform
Oct 18, 2021JMP Securitiesmain—Market Outperform

About New Residential Investment Corp.

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.

Sector
Real Estate
Industry
REIT—Mortgage
Country
United States
Website
newresi.com

News

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Insider holders

NRZ insider holders
InsiderRelationLatest transactionDateShares held
FINNERTY KEVIN JDirectorStock Award(Grant)Jun 29, 2022295,002
JACOBS DOUGLAS LDirectorStock Award(Grant)May 27, 202157,090
LE MELLE PATRICE M.DirectorStock Award(Grant)May 26, 20228,874
LENEHAN PAMELA FDirectorStock Award(Grant)May 26, 202274,953
MCGINNIS ROBERT JDirectorStock Award(Grant)May 26, 2022128,865
NIERENBERG MICHAELChief Executive OfficerPurchaseApr 18, 20211,195,120

Institution ownership

NRZ institution ownership
Holder% heldSharesValueReported
Vanguard Group, Inc. (The)9.06%42,301,286460.66MMar 30, 2022
Blackrock Inc.5.43%25,357,497276.14MMar 30, 2022
FMR, LLC3.26%15,205,653165.59MMar 30, 2022
Michigan (State Of) Teachers Retirement System1.80%8,404,73491.53MMar 30, 2022
State Street Corporation1.63%7,614,85282.93MMar 30, 2022
Lsv Asset Management1.39%6,507,27270.86MMar 30, 2022

Fund ownership

NRZ fund ownership
Holder% heldSharesValueReported
Vanguard Total Stock Market Index Fund2.88%13,456,517146.54MMar 30, 2022
Vanguard Small-Cap Index Fund2.52%11,756,848128.03MMar 30, 2022
Vanguard Small Cap Value Index Fund1.64%7,661,89683.44MMar 30, 2022
Pacer U.S. Cash Cows 100 ETF1.45%6,759,96073.62MApr 29, 2022
Fidelity Strategic Advisers Fidelity U.S. Total Stock Fund1.37%6,415,30069.86MMay 30, 2022
Vanguard Extended Market Index Fund1.32%6,174,23967.24MMar 30, 2022
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