|Bid||14.12 x 1000|
|Ask||14.17 x 3000|
|Day's Range||14.14 - 14.44|
|52 Week Range||13.86 - 18.75|
|Beta (3Y Monthly)||1.07|
|PE Ratio (TTM)||17.96|
|Earnings Date||Oct 23, 2019 - Oct 28, 2019|
|Forward Dividend & Yield||2.00 (13.81%)|
|1y Target Est||18.44|
New Residential Investment Corp. (NYSE: NRZ, “New Residential”, the “Company”), a leading provider of capital and services to the mortgage and financial services industry, announced today that the Company's Board of Directors (the “Board”) authorized the repurchase of up to $200 million of the Company's common shares through December 31, 2020. Under the program, the Company may purchase its shares from time to time in the open market or in privately negotiated transactions. The amount and timing of the purchases will depend on a number of factors including the price and availability of the Company's shares, trading volume, capital availability, Company performance and general economic and market conditions.
New Residential Investment Corp. (NYSE:NRZ, “New Residential”, the “Company”) today announced the signing of an agreement to acquire 100% of the shares of DGG RE Investments LLC d/b/a Guardian Asset Management (“Guardian”), a leading national provider of field services and property management to government agencies, financial institutions and asset management firms. Guardian’s suite of field services includes: inspections, property preservation, repairs, real estate owned property management and hazard claims. With its large local vendor network, field operations and robust technology platform, Guardian provides a wide range of highly targeted services nationally.
New Residential Investment Corp. (NYSE:NRZ) is a company with exceptional fundamental characteristics. Upon building...
“New Residential” or the “Company”) announced today that it priced an opportunistic underwritten public offering of 10,000,000 shares of its 7.125% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the “Preferred Stock”) with a liquidation preference of $25.00 per share, for gross proceeds of approximately $250,000,000, before deducting underwriting discounts and other estimated offering expenses. The Company intends to apply to list the Preferred Stock on the New York Stock Exchange under the symbol “NRZ PR B.” The offering is expected to close on August 15, 2019, subject to customary closing conditions. In connection with the offering, the Company has granted the underwriters an option for a period of 30 days to purchase up to an additional 1,500,000 shares of the Preferred Stock.
“New Residential” or the “Company”) announces that it has launched an opportunistic underwritten public offering of Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the “Preferred Stock”), subject to market conditions. The terms of the Preferred Stock are to be determined by negotiations between the Company and the underwriters. The Company intends to apply to list the Preferred Stock on the New York Stock Exchange under the symbol “NRZ PR B.” The Company expects to grant to the underwriters a 30-day option to purchase up to an additional 15% of the shares of the Preferred Stock being offered to cover over-allotments, if any.
NewRez LLC (“NewRez”), a national mortgage lender, proudly announces that PROGRESS in Lending Association, a mortgage industry organization focused on educating professionals in the use of technology, has named NewRez Senior Vice President Correspondent Lending, Lisa Schreiber, one of the Most Powerful Women in FinTech. Schreiber earned this honor in recognition of her accomplishments in applying technology to improve various origination processes and her forward-looking approach to technology innovation.
Two Harbors Investment (TWO) will likely record a decline in mortgage service rights valuations in Q2 due to low interest rates. Wider agency and credit spreads is also expected to impact book value.
NewRez LLC (“NewRez”), a national mortgage lender, announced today the formation of a new Joint Venture mortgage company to be added to its network of partners. NewRez and Shelter Mortgage Company, LLC (“Shelter Mortgage Company”), the NewRez business division focused on JV lending, have partnered in this venture with Russell Real Estate Services, a long-standing family-run business serving the greater Cleveland, OH area.
New Residential Investment (NRZ) delivered earnings and revenue surprises of -1.85% and -21.74%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
DENVER , July 29, 2019 /PRNewswire/ -- Covius Holdings, a leading provider of technology-enabled solutions to the financial services industry, announced today that it has completed its previously announced ...
New Residential Investment (NRZ) will likely record decline in book value and mortgage service rights (MSR) valuations in Q2 due to low interest rates as well as wider agency and credit spreads.
AGNC Investment's (AGNC) Q2 earnings indicate a decline in net interest income. Further, the company's tangible net book value per share witnesses a year-over-year decline.
New Residential Investment (NRZ) closed the most recent trading day at $15.34, moving +1.12% from the previous trading session.
New Residential Investment (NRZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
New Residential Investment Corp. (NYSE:NRZ, “New Residential” or the “Company”) announced today that it will release its second quarter financial results for the period ended June 30, 2019 on Tuesday, July 30, 2019 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on Tuesday, July 30, 2019 at 8:00 A.M. Eastern Time.
Moody's Investors Service ("Moody's") has affirmed Altisource S.a.r.l.'s (Altisource) B3 Corporate Family and Senior Secured Bank Credit Facility Ratings. The outlook for Altisource was revised to stable from positive. As part of the same rating action, Moody's has withdrawn the outlooks on Altisource's Long-Term Corporate Family rating and Senior Secured Bank Credit Facility rating for its own business reasons.
The big shareholder groups in New Residential Investment Corp. (NYSE:NRZ) have power over the company. Insiders often...
New Residential Investment (NRZ) closed the most recent trading day at $15.30, moving -0.65% from the previous trading session.
New Residential Investment (NRZ) closed the most recent trading day at $15.42, moving +0.59% from the previous trading session.