New Residential Investment (NRZ) Scheduled to Post Quarterly Earnings on Monday

New Residential Investment (NYSE:NRZ) is scheduled to announce its earnings results before the market opens on Monday, February 19th. Analysts expect the company to announce earnings of $0.51 per share for the quarter.

Shares of New Residential Investment (NYSE NRZ) opened at $16.30 on Monday. The stock has a market cap of $5,420.00, a price-to-earnings ratio of 5.28 and a beta of 0.92. New Residential Investment has a 52 week low of $15.04 and a 52 week high of $18.43.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 30th. Stockholders of record on Friday, December 29th were paid a $0.50 dividend. The ex-dividend date was Thursday, December 28th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 12.27%. New Residential Investment’s dividend payout ratio (DPR) is presently 64.72%.

A number of analysts have recently issued reports on NRZ shares. B. Riley reissued a “buy” rating on shares of New Residential Investment in a research note on Wednesday, November 1st. FBR & Co reissued a “buy” rating and issued a $19.25 price objective on shares of New Residential Investment in a research note on Monday, October 30th. Vetr raised shares of New Residential Investment from a “hold” rating to a “buy” rating and set a $17.75 price objective for the company in a research note on Thursday, October 26th. ValuEngine cut shares of New Residential Investment from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 2nd. Finally, Zacks Investment Research cut shares of New Residential Investment from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. One analyst has rated the stock with a sell rating, eight have assigned a buy rating and one has given a strong buy rating to the company. New Residential Investment presently has an average rating of “Buy” and an average price target of $18.66.

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About New Residential Investment

New Residential Investment Corp. is a real estate investment trust (REIT). The Company focuses on investing in, and managing, investments related to residential real estate. The Company’s segments include investments in excess mortgage servicing rights (Excess MSRs); investments in mortgage servicing rights (MSRs); investments in servicer advances; investments in real estate securities; investments in residential mortgage loans; investments in consumer loans, and corporate.

Earnings History for New Residential Investment (NYSE:NRZ)

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