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New Residential Investment Corp. (NRZ)

NYSE - NYSE Delayed Price. Currency in USD
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9.66-0.05 (-0.51%)
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Chart Events
Neutralpattern detected
Previous Close9.71
Bid9.64 x 4000
Ask9.84 x 2200
Day's Range9.61 - 9.80
52 Week Range2.91 - 17.66
Avg. Volume4,716,987
Market Cap4.016B
Beta (5Y Monthly)1.79
PE Ratio (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.60 (6.18%)
Ex-Dividend DateOct 02, 2020
1y Target EstN/A
  • Benzinga

    Return On Capital Employed Overview: New Residential Inv

    In Q3, New Residential Inv (NYSE: NRZ) posted sales of $103.32 million. Earnings were up 9.29%, but New Residential Inv still reported an overall loss of $353.63 million. In Q2, New Residential Inv brought in $115.80 million in sales but lost $323.56 million in earnings.What Is Return On Capital Employed? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company's ROCE. A higher ROCE is generally representative of successful growth of a company and is a sign of higher earnings per share in the future. A low or negative ROCE suggests the opposite. In Q3, New Residential Inv posted an ROCE of -0.07%.Keep in mind, while ROCE is a good measure of a company's recent performance, it is not a highly reliable predictor of a company's earnings or sales in the near future.View more earnings on NRZROCE is an important metric for the comparison of similar companies. A relatively high ROCE shows New Residential Inv is potentially operating at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of capital, some of that money can be reinvested in more capital which will generally lead to higher returns and earnings per share growth.For New Residential Inv, the return on capital employed ratio shows the current amount of assets may not actually be helping the company achieve higher returns, a note many investors will take into account when making long-term financial decisions.Q3 Earnings Insight New Residential Inv reported Q3 earnings per share at $0.31/share, which did not meet analyst predictions of $0.38/share.See more from Benzinga * Click here for options trades from Benzinga * Return On Capital Employed Overview: Arcimoto * Return On Capital Employed Overview: Uber Technologies(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Who Has Been Buying New Residential Investment Corp. (NYSE:NRZ) Shares?
    Simply Wall St.

    Who Has Been Buying New Residential Investment Corp. (NYSE:NRZ) Shares?

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...

  • Moody's

    Shellpoint Mortgage Servicing -- Moody's affirms NewRez LLC's prime jumbo originator assessment as Above Average

    Moody's Investors Service has affirmed NewRez LLC's (NewRez) prime jumbo residential mortgage originator assessment at Above Average. In July 2018, New Residential Investment Corp, acquired Shellpoint Partners LLC (Shellpoint), the parent company of New Penn Financial LLC. In January 2019, New Penn Financial LLC was rebranded as NewRez LLC.