Previous Close | 25.22 |
Open | 25.14 |
Bid | 0.00 x 1100 |
Ask | 0.00 x 2900 |
Day's Range | 25.09 - 25.22 |
52 Week Range | 16.01 - 25.74 |
Volume | 18,255 |
Avg. Volume | 19,200 |
Market Cap | N/A |
Beta (5Y Monthly) | 1.96 |
PE Ratio (TTM) | 18.74 |
EPS (TTM) | 1.34 |
Earnings Date | N/A |
Forward Dividend & Yield | 1.88 (7.46%) |
Ex-Dividend Date | Apr 14, 2021 |
1y Target Est | N/A |
Western Alliance recently bought AmeriHome and Galton Funding, while New Residential (NYSE: NRZ) just inked a deal to buy Caliber Home Loans from Lone Star Funds. After the greatest year for mortgage banking on record, New Residential is looking to the future. What does this transaction mean for the company?
New Residential Investment Corp. Announces Pricing of Public Offering of Common Stock
Rating Action: Moody's affirms New Residential's ratings after announcement of acquisition of Caliber; outlook stableGlobal Credit Research - 14 Apr 2021New York, April 14, 2021 -- Moody's Investors Service, ("Moody's") has affirmed the B1 long-term corporate family rating and B3 long-term senior unsecured rating for New Residential Investment Corp. (New Residential). The rating outlook remains stable.The ratings affirmation follows New Residential's announcement that it intends to acquire Caliber Home Loans, Inc. (Caliber), a large US residential mortgage company, for an estimated purchase price of $1.675 billion in cash, which management expects to close in the third quarter of 2021.Affirmations:..Issuer: New Residential Investment Corp.....LT Corporate Family Rating, Affirmed B1....Senior Unsecured Regular Bond/Debenture, Affirmed B3Outlook Actions:..Issuer: New Residential Investment Corp.....Outlook, Remains StableRATINGS RATIONALEThe ratings affirmation reflects Moody's unchanged view of New Residential's b1 standalone credit profile.