New Residential Investment Corp. (NRZ): Price and Financial Metrics


New Residential Investment Corp. (NRZ): $10.40

0.08 (+0.78%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

NRZ Stock Summary

  • The ratio of debt to operating expenses for New Residential Investment Corp is higher than it is for about 97.13% of US stocks.
  • In terms of twelve month growth in earnings before interest and taxes, New Residential Investment Corp is reporting a growth rate of -233.7%; that's higher than merely 8.42% of US stocks.
  • Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for NRZ comes in at 239.2% -- higher than that of 98.65% of stocks in our set.
  • Stocks with similar financial metrics, market capitalization, and price volatility to New Residential Investment Corp are WLKP, GAIN, XIN, SQM, and WPP.
  • Visit NRZ's SEC page to see the company's official filings. To visit the company's web site, go to www.newresi.com.

NRZ Stock Price Chart Interactive Chart >

Price chart for NRZ

NRZ Price/Volume Stats

Current price $10.40 52-week high $15.83
Prev. close $10.32 52-week low $2.91
Day low $9.81 Volume 5,780,300
Day high $10.54 Avg. volume 4,970,221
50-day MA $9.87 Dividend yield 7.69%
200-day MA $8.52 Market Cap 4.31B

New Residential Investment Corp. (NRZ) Company Bio


New Residential Investment Corporation focuses on investing in and managing residential mortgage related assets. It operates through Servicing Related Assets, Residential Securities and Loans, and Other Investments segments. The company was founded in 2011 and is based in New York, New York.

NRZ Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$10.40$91.23 784%

Below please find a table outlining a discounted cash flow forecast for NRZ, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that New Residential Investment Corp ranked in the 87th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 788.33% on a DCF basis. The most interesting components of our discounted cash flow analysis for New Residential Investment Corp ended up being:

  • The company's debt burden, as measured by earnings divided by interest payments, is -1.38; that's higher than just 7.21% of US stocks in the Real Estate sector that have positive free cash flow.
  • 14% of the company's capital comes from equity, which is greater than merely 2.56% of stocks in our cash flow based forecasting set.
  • New Residential Investment Corp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%767%
1%775%
2%784%
3%793%
4%801%
5%810%

Want more companies with a valuation profile/forecast similar to that of New Residential Investment Corp? See MAA, WRE, FRPH, WELL, and EXR.


NRZ Latest News Stream


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Latest NRZ News From Around the Web

Below are the latest news stories about New Residential Investment Corp that investors may wish to consider to help them evaluate NRZ as an investment opportunity.

Mortgages in forbearance decline due to month-end expirations

The number of mortgages in active forbearance falls by 22K in the past week, driven by month-end plan expirations, according to Black Knight's McDash Flash Mortgage Forbearance Tracker.Additional review/removal activity may occur in the next week, as 100K forbearance plans remain listed with February month-end expirations.Even with the weekly drop,...

Seeking Alpha | March 5, 2021

New Residential Investment Corp.: Consolidating Before Taking Off

New Residential Investment Corp. (NRZ) was doing well for itself and its shareholders before COVID-19 struck and damaged its investment portfolio. The company sold about $17 billion worth of investments in the quarter ended March 2020 at a net loss of $1.6 billion. The NRZ management team hunkered down, decided...

Michael A. Gayed, CFA on Seeking Alpha | March 3, 2021

NewRez NOW Celebrates Successful Inaugural Year

In its first year NewRez Now made significant progress on this mission, donating over $1.6 million.

Yahoo | March 2, 2021

New Residential Investment To Buy Back $200M In Stock

New Residential Investment Corp. announced a new stock repurchase program of up to $200 million, replacing the previous $200 million stock buyback plan, which expired on Dec. 31, 2020. Shares of the real estate investment trust closed about 3.5% higher on Tuesday. New Residential (NRZ), under its new repurchase program, will continue to buy back its common shares through Dec. 31, 2021. Besides share repurchases, the company consistently boosts its shareholders' returns through regular dividend payments and hikes. On Dec. 16, New Residential raised its quarterly dividend by 33.3% to $0.20 per share. Its annual dividend of $0.80 per share translates into a dividend yield of 7.9%. Meanwhile, on Feb.

Amit Singh on TipRanks | February 17, 2021

New Residential Investment Corp. Announces Authorization of Common Share Repurchase Program of Up to $200 Million

NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. Announces Authorization of Common Share Repurchase Program of Up to $200 Million

Business Wire | February 16, 2021

Read More 'NRZ' Stories Here

NRZ Price Returns

1-mo 3.79%
3-mo 11.72%
6-mo 44.95%
1-year -29.57%
3-year -15.01%
5-year 65.05%
YTD 4.63%
2020 -34.36%
2019 28.46%
2018 -10.35%
2017 27.83%
2016 47.94%

NRZ Dividends

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Continue Researching NRZ

Here are a few links from around the web to help you further your research on New Residential Investment Corp's stock as an investment opportunity:

New Residential Investment Corp (NRZ) Stock Price | Nasdaq
New Residential Investment Corp (NRZ) Stock Quote, History and News - Yahoo Finance
New Residential Investment Corp (NRZ) Stock Price and Basic Information | MarketWatch


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