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New Residential Investment Corp. (NRZ)

NYSE - Nasdaq Real Time Price. Currency in USD
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10.50-0.21 (-1.96%)
At close: 04:00PM EST
10.52 +0.02 (+0.19%)
After hours: 07:54PM EST
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  • L
    Lobo
    Time to be cautious?
    Inflation is likely to worsen
    FED has backed themselves into a “must” raise rates position - as many as 6 this year
    Ukraine situation will cause gas/energy prices and bond yields to increase
    Supply backlogs will take much more time to correct
    Janet, Gerry and Joe are all of the opinion that spending and printing several more $trillion is the solution to inflation
    The likely result of all of this, if allowed to continue, is recession.
    jmho
  • C
    Coldwater
    If this is the beginning of a bear market, like I have been hearing on the radio. Do you think NRZ can hold 10 this year?
  • C
    Coldwater
    Does anyone have reason to believe that NRZ will not be able to increase earnings and the dividend in 2022? Did I miss a news headline? MN said he expected rates to go up and that NRZ is positioned well to capitalize. Has anything changed?
  • L
    Lobo
    Near term NRZ should benefit from the current run on RE and subsequent need for mortgages…..HOWEVER, with as many as 6 rate increases projected along with the very fast increasing inflation, next year could be disappointing here.
    I’ll continue my readjusting/diversification.
  • j
    jaichavez1969
    im buying today
  • S
    Samuel
    Home Builders Predict a Booming 2022.
    Construction firm survey: To keep up with projects, 3 out of 4 builders plan to hire more people in 2022, with 1 out of 4 slated to grow by 10% or more.
    https://www.floridarealtors.org/news-media/news-articles/2022/01/home-builders-predict-booming-2022
  • L
    Lobo
    GM to add $6.5 billion and 4,000 jobs to their EV production.
  • C
    Chicken
    I keep hearing that higher rates and higher inflation will help NRZ.
  • C
    Coldwater
    It would be nice to hold 11. But I doubt it today. Added to my position at 11.01.
  • T
    Tim
    Still sitting by the pool collecting dividends and sipping mojito's.
  • S
    Subdood
    Is this message board closed for the Winter?
  • T
    Tim
    Ah this is the life. The markets in turmoil and I just have to sit by the pool and let the dividends roll in.
  • C
    Chris
    I'm very new to REITs, so can anyone tell me if there is an expectation for NRZ to return to its pre-pandemic share price of about $17 or is the general expecation that it will kind of hover where it is, gradually move up or down, and that the main reason to invest is simply the dividend?
  • p
    phil
    fwiw, like and own NRZ, but not expecting much in the way of dividend increases. They just did a couple purchases (Genesis just closed) and the cost of integration is likely to get in the way of paying shareholders for another year. But if they did the right thing, the longer term ability to raise dividends will improve and I like this mgmt team to deliver. Plus the current dividend is quite healthy. In 3 years, could this be back near $20/share and $2 dividend? I think so. That'd be a tremendous return.
  • L
    Lobo
    JUST IN: Yellen calls the Dem spending and money printing is the new supply side economics that will create 2% inflation by year’s end.
    This is not a joke! Kudlow is right now calling this “Root canal without novacane”.
    IMO, This gal is more delusional than both JB AND NP.
  • C
    Coldwater
    Happy New Year! Wishing everybody a prosperous 2022 with earnings growth, stock price appreciation and dividend raises! Let’s go NRZ in the New Year!
  • d
    dick
    I have no idea when a divy increase will happen but I certainly believe the Q4 earnings will be good. This is a better company than presently priced. I expect to see 12-12.5 but it will take great news to reach 13+ imo.
  • S
    Samuel
    Fed: Expect an Interest Rate Hike Sooner than Later.
    Notes released Wed. suggest a shift in Fed officials’ attitudes, and policy changes could soon induce interest rates, including mortgages, to move higher.
    https://www.floridarealtors.org/news-media/news-articles/2022/01/fed-expect-interest-rate-hike-sooner-later
  • r
    rocket6
    down down down the farther the better i want more shares! 6k shares on the 31st please.
  • r
    rocket6
    so when do we get to 30 cents there sports fans?