Analytical Preview of New Residential Investment Corp. (NRZ)


New Residential Investment Corp. (NRZ) belonging to the Finance sector has surged 0.71% and closed its last trading session at $16.94.

The company reported its EPS on 02/21/2017. Currently, the stock has a 1 Year Price Target of $17.

The consensus recommendation, according to Zacks Investment research, is 1.4. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell.

The Stock had a 1.33 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.38 and 1.38 respectively.

New Residential Investment Corp. on 02/21/2017 reported its EPS as $0.62 with the analysts projecting the EPS of the stock as $0.55. The company beat the analyst EPS Estimate with the difference of $0.07. This shows a surprise factor of 12.7%.

Many analysts have provided their estimated foresights on New Residential Investment Corp. Earnings, with 9 analysts believing the company would generate an Average Estimate of $0.53.

Whereas they predicted High and Low Earnings Estimate as $0.59 and $0.49 respectively. While in the same Quarter Previous year, the Actual EPS was $0.49.

Analysts are also projecting an Average Revenue Estimate for New Residential Investment Corp. as $185.13 Million in the Current Quarter. This estimate is provided by 4 analysts.

The High Revenue estimate is predicted as 207.3 Million, while the Low Revenue Estimate prediction stands at 172.5 Million. The company’s last year sales total was 108.81 Million.

For the Current Quarter, the growth estimate for New Residential Investment Corp. is 8.2%, while for the Next Quarter the stock growth estimate is 1.9%.

In the past 5 years, the stock showed growth of 32.03% per annum. While for the next 5 years, the growth estimate is 0.63%.

The Company got Initiated by Nomura on 26-Oct-16 to Neutral.

Insider Trades for New Residential Investment Corp. show that the latest trade was made on 2 Feb 2017 where Nierenberg (Michael), the Chief Executive Officer completed a transaction type “Buy” in which 2600 shares were traded at a price of $15.

Over the period of 6 months, Insider Purchases show a total of 3 transaction in which 279100 shares were traded. 2 Insider Sales transactions were made totaling 31532700 shares traded.

10 analysts projected Price Targets for New Residential Investment Corp.. The analysts believe that the company stock price could grow as high as $17.5. The Low Price target projection by analysts is $16 and the Mean Price Target is $17.

New Residential Investment Corp. (NRZ) has the market capitalization of $5.19 Billion. The company rocked its 52-Week High of $17.09 on Mar 7, 2017 and touched its 52-Week Low of $11.29 on Mar 24, 2016.

The stock has Return on Assets (ROA) of 2.8 percent. Return on Equity (ROE) stands at 16.8% and Return on Investment (ROI) of 3.5 percent.

The stock is currently showing YTD performance of 7.76 Percent. The company has Beta Value of 0.91 and ATR value of 0.23. The Weekly and Monthly Volatility stands at 1.35% and 1.31%.