AllAnalyst Report
logoArgusFebruary 16, 2021

New Residential Investment Corp.: Raising target price to $11 following solid 4Q earnings

Real Estate
Current Price
Price Target
Earnings Estimate

New Residential Investment Corp. is a publicly traded REIT focused on residential housing. The company's investment portfolio consists of servicing assets, residential securities and loans, nonagency securitization call rights, and consumer loans. Operating business include mortgage lending, servicing, appraisal, title insurance, diversified mortgage services, insurance, and property management.

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