The firm now has an outperform rating on the real estate investment trust's stock.
Returns and Valuations for New Residential Investment Corp. They now have a United States dollars 15 price target on the stock. Zacks Investment Research lowered shares of New Residential Investment Corp. from a buy rating to a hold rating in a research report on Thursday, January 5th. (NYSE:W)-0 analysts issued Strong buy for the stock, 0 analysts have given a Buy rating, 0 think it's a HOLD, 0 reported it as Underperform, while 0 analyst issued a Sell rating.
On February 21, 2017 New Residential Investment Corp. The average revenue estimate for the year ending December 2017 is $747.6M by 4 analysts.
CEO and President, Nierenberg Michael, purchased 9,100 common shares of New Residential Investment Corp.
New Residential Investment Corp. has a 12 month low of $10.30 and a 12 month high of $16.82.
New Residential Investment Corp (NRZ) made into the market gainers list on Mondays trading session with the shares advancing 0.54% or 0.09 points. In a transaction dated Jun. 15, 2015, the shares were bought at an average price of $16.05, giving away a sum of $146,055. While for the next 5 years, the growth estimate is 7.5%. The mean PT for this stock is at $17.00 while the max. level suggested by the brokerage firms is $17.50 and min. PT is $16.00. Return on Equity (ROE) stands at 13.7% and Return on Investment (ROI) of 10.7 percent. The real estate investment trust reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.07.
TEGNA Inc. (TGNA) have shown a high EPS growth of -7.90% in the last 5 years and has earnings decline of -47.50% yoy. On average, analysts expect that New Residential Investment Corp. will post $2.11 earnings per share for the current year. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of global trademark and copyright laws. The correct version of this piece of content can be read at https://www.com-unik.info/2017/02/27/fbr-co-raises-new-residential-investment-corp-nrz-price-target-to-17-50.html. This represents a $1.92 dividend on an annualized basis and a dividend yield of 11.51%. This is an increase from New Residential Investment Corp.'s previous quarterly dividend of $0.46. The share price is now 4.18 percent versus its SMA20, 4.91 percent versus its SMA50, and 20.31 percent versus its SMA200. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. The stock hit 1-yearhigh at $29.34 and a low of $20.89 in the same period. (NYSE:NRZ) have recently changed their ratings on the stock. MA ended last trade at $25.66 a share and the price is up more than 19.96% so far this year. BlackRock Institutional Trust Company N.A. increased its stake in shares of New Residential Investment Corp.by 8.7% in the third quarter. The third largest holder is Blackrock Institutional Trust Company, N.A., which now holds $107.04 million worth of this stock and that ownership represents almost 2.13% of its market capitalization.
For the Current Quarter, the growth estimate for MGIC Investment Corp.is 41.2%, while for the Next Quarter the stock growth estimate is -3.8%.
04/21/2015 - New Residential Investment Corp. had its " rating reiterated by analysts at Credit Suisse. The Company is focused on investing and managing residential real estate investments.