|Bid||10.56 x 4000|
|Ask||10.77 x 800|
|Day's Range||10.33 - 10.63|
|52 Week Range||5.30 - 11.48|
|Beta (5Y Monthly)||1.91|
|PE Ratio (TTM)||10.59|
|Forward Dividend & Yield||0.80 (7.55%)|
|Ex-Dividend Date||Apr. 01, 2021|
|1y Target Est||N/A|
NRZ earnings call for the period ending March 31, 2021.
New Residential Investment (NRZ) delivered earnings and revenue surprises of 0.00% and 3.44%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
With interest rates stuck at extremely low levels, the risk/reward proposition in government and corporate bonds is stretched. As we are just exiting the pandemic-driven recession, these stocks should benefit from the drop in interest rates and the rise in commodity prices.