(NYSE:NRZ) could surge as high as $17.5
- Author: Zachary Reyes Feb 11, 2017,
Feb 11, 2017, 2:28
(NYSE:NRZ) shows its Return on Assets (ROA) value of 2.2 percent, while the Return on Equity (ROE) value is 13.3 percent and Return on Investment (ROI) value stands at 2 percent. The stock volatility for week was 1.43% while for month was 1.34%.The stock, as of last close, traded 86.36% to its 52 week low and was changed -3.37% from its 52 week high. This is an increase from New Residential Investment Corp.'s previous quarterly dividend of $0.46. (NYSE:NRZ) now has a consensus Price Target of $16.75. The investment management firm now holds a total of 492,396 shares of New Residential Investment Corp which is valued at $7,770,009 according to the information filed on Feb 8, 2017.New Residential Investment Corp makes up approximately 3.85% of Doheny Asset Management Ca's portfolio. The Next Quarter growth is expected to be 8.2%.
This company was Initiated by Nomura on 26-Oct-16 to Neutral. While some analysts have a High Price target for the stock of $17.5 and a Low Price Target of $16. The Bid price in the last session was $0.00 x and the Ask price was $0.00 x.
A number of analysts have issued reports on NRZ shares. Company insiders own 4.00% of the company's stock.
Here we discussed Analysts views what they told about New Residential Investment Corp. Analysts have a mean recommendation of 1.90 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). In comparison, the consensus recommendation 60 days ago was at 1.38, and 90 days ago was at 1.38 respectively. The difference between Actual EPS and Estimated EPS was 0.02 Percent. EPS growth in past five years was 32.87% while EPS growth in next five years is projected to arrive at 0.63%. The Company primarily target investments in excess mortgage servicing rights, residential mortgage backed securities, residential mortgage loans and other related investments. Keefe, Bruyette & Woods reissued an "outperform" rating on shares of New Residential Investment Corp in a research report on Monday. Additionally, NRZ had a day price range of $15.65 to $15.8. Public Employees Retirement System of OH now owns 10,857 shares of the real estate investment trust's stock valued at $150,000 after buying an additional 1,798 shares in the last quarter. The company has the Market capitalization of $310.17 Billion. (Read Latest [Free Analytic] Facts on NYSE:DDR and Be Updated) To accommodate long-term intention, the firm has diverse dividend or yield record, DDR has Dividend Yield of 4.96% and experts calculate Return on Investment of -0.40%. The Company Touched its 52-Week High on Dec 21, 2016 and 52-Week Low on Feb 11, 2016. The stock tumbled -17.07 percent over the last 6 months. The growth estimate for the next five years is 0.63 percent (per annum). The company's stock has grown by 6.39 percent in the past 5 years. The analysts, on average, are forecasting a $16.75 price target, but the stock is already up 84.94% from its recent lows. The median estimate represents a +9.13% increase from the last price of 114.08. The trading session was marked by a volume range of 49,94,749 shares exchanging hands. The company's last traded volume of 5.86 million shares as compared to it's an average volume of 3.86 million shares. The call for hold was given by 1 analyst while call for sale was recommended by 2 analysts. The score shows the rating on a scale of 1 to 5, where 1=strong buy and 5=strong sell. In comparison, the consensus recommendation 60 days ago was at 2.16, and 90 days ago was at 2.22 respectively.
The mean revenue estimate for the current fiscal period ending December 2016 is $1.62B by 9 brokerage firms.