Revenue Update on New Residential Investment Corp(NYSE:NRZ)

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.

Recommended News

  • The Originals season 4 premiere spoilers: Check out the synopsis!

    This is not entirely impossible given that some vampires from Mystic Falls are expected to be joining the spinoff series. Marcel (Charles Michael Davis), meanwhile, may free Klaus (Joseph Morgan) under one specific circumstance.

    East Windsor approves third casino development in CT

    While the tribes have operated gambling casinos in CT for many years, both are on tribal land and fall under federal laws. Connecticut's new gambling venue will come as a direct competitor to the aforementioned multi-million-dollar project.
    The Recent Analysts' Ratings Updates for Tullow Oil plc (TLW)

    The Recent Analysts' Ratings Updates for Tullow Oil plc (TLW)

    Shares of Tullow Oil plc (LON:TLW) traded up 3.74% during midday trading on Monday, reaching GBX 269.00. The Company focuses on finding and monetizing oil in Africa and the Atlantic Margins.
  • Kris Jenner: Fighting Blac Chyna For Custody of Dream?

    The photo set features a nude Chyna lounging in bed with wet hair, her assets covered only by strategically-placed white sheets. She has been sharing a number of snaps of herself with her best friend Amber Rose having the time of their lives.

    Melissa McCarthy Returns As Angry Sean Spicer On 'SNL'

    But the hottest, most cutting line of the skit fell to Kate McKinnon as Attorney General Jeff Sessions. Her "Spicey" struggled to control himself at the very start of a press conference in the cold open .

    Scheana Marie Shay's New Boyfriend Revealed

    E! News has learned the Vanderpump Rules star, who split from husband Mike Shay in November, is dating actor Robert Valletta . That was ideal timing for her and it honestly felt liked her relationship with Shay was over way before it publicly ended.
  • Verizon and Sprint confirm they'll launch the LG G6

    Verizon and Sprint confirm they'll launch the LG G6

    The LG G6 pre-orders will begin on March 2 and continue until March 9 in South Korea and its shipping will begin from March. The press release from the company on the availability of LG G6 with T-Mobile does not contain information on carrier plans.

    Samsung Galaxy S6 & S6 Edge Is Set For Android 7.0 Nougat Update

    This also cover a couple of Samsung Galaxy S7/Edge owners, which will also be a part of the global update in the next few days. The Android Nougat OS update for the Sprint Samsung Galaxy S7 and S7 Edge users will bring about a number of changes.

    Children can fall from popular outdoor swing — RECALL ALERT

    Little Tikes says it is recalling more than 500,000 pink toddler swings because they could break and injure a child. The recall is due to the fact that the plastic seat can crack or break, which is risky and has caused accidents.
  • April the Giraffe due to give birth at any moment

    April the Giraffe due to give birth at any moment

    The stream was later restored, and more than 53,000 people were watching the stream live as of about 3:10 p.m. At birth it will weigh in at about 150 lb. and will stand at about 6' tall, Animal Adventure Park said.
    JC Penney to close at least 130 stores

    JC Penney to close at least 130 stores

    Penney's stores in some way in 2016, while more than 90% of the retailer's returns are processed through its stores. Penney locations are in the Westmoreland Mall, the Century III Mall, the Monroeville Mall and Robinson Town Center.
    9-year-old boy dies weighing 15 pounds, four people arrested

    9-year-old boy dies weighing 15 pounds, four people arrested

    The victim's biological parents have been notified, but according to authorities they were not willing to provide a statement. What kind of animals are they?' Ewing said, who was visibly shaken up. "In my opinion, he was starved to death".

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.