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New Residential Investment Corp. (NRZ-PA)

NYSE - Nasdaq Real Time Price. Currency in USD
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25.50+0.04 (+0.16%)
At close: 04:00PM EST
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  • S
    Samuel
    This is a very good day for real estate stock. Both mortgage REIT's and Home builders are doing great.
  • J
    John
    Does anyone else think there should be a special dividend from NRZ before years end? Seems to me that they made too much money this year and I thought they had to return any excess in the form of a special dividend. Did I miss something or is there the potential for a surprise?
  • E
    Edgar
    LONG TERM Investors JUST sit back & WATCH.... Just alot of NOISE!
  • M
    Mark
    WITH TWO TIMES THE DAILY VOLUME I HAVE TO SAY WHATS UP DOC....
  • G
    Gary W .
    It was nice to get back above my average cost today. My average cost is $10.80,and I own 9480 shares here. Beats the heck out of yesterday,for sure. Hopefully we get back above $11 soon.
  • P
    Pauleeee
    MSRs typically earn 0.25% of the payments that they collect.
    The potential risk to MSRs is that interest rates go down. If so, then homeowners like us will consider refinancing yet again and the mortgage (and service rights) will be “called away” early.

    It’s a longshot, however, with interest rates already near historic lows. Sure, they could fall through the basement floor, but we’ll bet they won’t.

    Just look at how NRZ has navigated 2021’s rising-rate environment:

    NRZ’s Book Value Is Up 17%+ This Year

    T New Residential Investment (NRZ) are prepared to profit as rates soar. NRZ has expanded its portfolio of investments and services in recent years so that it can benefit from rising rates. It is now the largest non-bank owner of mortgage service rights (MSRs) in the world.

    MSRs aren’t the loans themselves; they are the rights to service these loans—a subtle but important difference.his is what we want to see in a potential mREIT investment as Treasury rates head higher and the Federal Reserve faces increasing pressure to hike its own benchmark rate. From Contrarian outlook.
  • T
    Tim
    Yawn ...buy now for a higher yield than yesterday.
  • C
    Coldwater
    Would be nice to close over 11 today and not see the end of day sell off or a sell off tomorrow
  • j
    josh
    11/19/21
    RBC Capital Maintains New Residential Investment Corp. (NRZ) $13.00 Outperform
  • E
    Edgar
    * New Residential Investment Corp : RBC raises target price to $13 from $12
  • L
    Lars
    Would be happy to see an increase in common stock dividend mid december…
  • J
    Jerry
    I bought more this am, 10.87, nice 3% gift
  • G
    Gary W .
    I thought for a minute that DB grew a pair,and quit giving the posts here a thumbs down,but I was mistaken. Why would he do that for a stock he doesn't own? Oh well,it doesn't affect the stock in the least,so let him play his kiddy games.
  • S
    Samuel
    I think that we need to be cautious. The coronavirus problem is not near its end as I was believing. Here are two examples:

    The German daily infections are the highest ever despite that 67.7% of ther population has been fully vaccinated. Click here and scroll down to see their "Daily New Cases" chart:
    https://www.worldometers.info/coronavirus/country/germany/

    The British daily infections are still near the peak despite that 67.8% of their population has been fully vaccinated. Click here for their "Daily New Cases" chart:
    https://www.worldometers.info/coronavirus/country/uk/
  • C
    Coldwater
    Buying opportunity? Anybody pick up shares today?
  • S
    Samuel
    One Pandemic Perk? Credit Scores Reach All-Time High.
    Relief programs and slower consumer spending boosted the average credit score 8 points, to 716, putting homeownership within reach for more buyers.
    https://www.floridarealtors.org/news-media/news-articles/2021/11/one-pandemic-perk-credit-scores-reach-all-time-high
  • S
    Scott
    This business model is VERY sensitive to interest rates (short term vs long term). They can hedge when the movement is predictable but in today's world it's hard/impossible to predict. It's this risk that leaves me warry and wishing they spun off their mortgage origination business so the stock gets a bump and then I can finally sell down my position.
  • G
    Gary W .
    Best day here in a while.
  • E
    Edgar
    The major averages ended the day lower on Wednesday after the Centers for Disease Control and Prevention reported the first case of the new Covid variant omicron in the U.S. Omicron — first detected last week in South Africa — has been reported in at least 23 countries, according to the World Health Organization.

    All This Indicates is that I AM RIGHT about my previous post....
    GREAT time to buy the DIP.

    Good Luck to ALL!!