|Bid||0.00 x 28000|
|Ask||18.58 x 38800|
|Day's Range||18.30 - 18.61|
|52 Week Range||15.04 - 18.74|
|PE Ratio (TTM)||4.01|
|Earnings Date||Jul 30, 2018 - Aug 3, 2018|
|Forward Dividend & Yield||2.00 (11.02%)|
|1y Target Est||18.89|
“New Residential” or the “Company”) announced today, pursuant to an exercise of options by FIG LLC and one or more affiliates and employees of FIG LLC (collectively, the “Selling Stockholders”), the commencement of an underwritten public offering of 3,694,228 shares of its common stock issued, subject to market conditions. The Company will not receive any proceeds from the sale of the shares by the Selling Stockholders. Citigroup Global Markets Inc. is acting as the sole underwriter for the offering.
The stock market’s strong run over the past few years brought attention to high-flying growth stocks, usually from the technology sector, that were consistently outpacing the market. REITs are companies that own, operate, or finance real estate properties that produce income, such as apartment complexes or retail locations. First of all, real estate can be a very profitable investment sector when certain economic conditions are present.
New Residential Investment Corp. announced today that its Board of Directors declared a quarterly dividend of $0.50 per common share for the second quarter of 2018.
REITs are companies that own, operate, or finance real estate properties that produce income, such as apartment complexes or retail locations. Luckily proven Zacks Rank--which emphasizes earnings estimate revisions--works with REITs just as it would with any other company. Check out these buy-ranked REITs right now!
Moody's Investors Service has affirmed the servicer quality (SQ) assessments for Shellpoint Mortgage Servicing ("Shellpoint") of SQ3+ as a Special Servicer and Primary Servicer of residential mortgage loans. The Prime and Special Servicer SQ assessments are both based on above average collection abilities, average loss mitigation results, above average foreclosure and REO timeline management, above average loan administration and below average servicing stability. Shellpoint Mortgage Servicing was established when New Penn Financial, a wholly-owned subsidiary of Shellpoint Partners, LLC acquired Resurgent Capital Services' mortgage servicing platform in a transaction that was completed on March 1, 2014.
With the Federal Reserve hiking interest rates on Wednesday and the chances of further hikes increasing, the likelihood is that we will see a raising interest rate environment for years to come. What we are seeing now is a flat yield curve, where the spread between long- and short-term rates is quite small. This limits profits for banks and can be a negative if the yield curve inverts.
If you are looking to invest in New Residential Investment Corp’s (NYSE:NRZ), or currently own the stock, then you need to understand its beta in order to understand how itRead More...
Today we've highlighted ten stocks that are currently trading for under $20 per share. All of these stocks currently have at least a Zacks Rank #2 (Buy), and a variety of other factors make these companies stand out as having strong upside potential.
Fresh volatility within the last few months has shifted the focus back towards other investment strategies, and now it might be time for investors to check out things like real estate investment trusts, or REITs. With that said, check out the REITs that are model says are impressive options right now!
Zacks Industry Outlook Highlights: Regency Centers, Chatham Lodging Trust, New Residential Investment, Sun Communities and Urstadt Biddle Properties
NEW YORK, May 08, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Iron ...
New Residential Investment Corp (NYSE:NRZ), a mortgage reits company based in United States, had a relatively subdued couple of weeks in terms of changes in share price, which continued toRead More...
The New York-based company said it had net income of $1.81 per share. Earnings, adjusted for non-recurring gains, were 58 cents per share. The results surpassed Wall Street expectations. The average estimate ...
NEW YORK, NY / ACCESSWIRE / April 27, 2018 / New Residential Investment Corp. (NYSE: NRZ ) will be discussing their earnings results in their Q1 Earnings Call to be held on April 27, 2018 at 8:00 AM Eastern ...
Asset location, changing landscape of the REIT sector and supply concerns expected to predominantly impact Q1 performance of companies in the sector.
New Residential Investment Corp. (NYSE:NRZ, “New Residential” or the “Company”) announced today that it will release its first quarter financial results for the period ended March 31, 2018 on Friday, April 27, 2018 prior to the opening of the New York Stock Exchange. The Company primarily targets investments in mortgage servicing related assets and other related opportunistic investments.
New Residential Investment Corp. announced today that its Board of Directors declared a quarterly dividend of $0.50 per common share for the first quarter of 2018.
Moody's Investors Service, ("Moody's") has affirmed Altisource Solutions S.a.r.l.'s (Altisource) B3 Corporate Family and Senior Secured Bank Credit Facility Ratings. The outlook was revised to ...