New Residential Investment Corp. (NRZ)
After hours:
| Previous Close | 10.75 |
| Open | 10.81 |
| Bid | 10.43 x 3000 |
| Ask | 10.65 x 3200 |
| Day's Range | 10.42 - 10.87 |
| 52 Week Range | 8.98 - 11.81 |
| Volume | |
| Avg. Volume | 5,755,363 |
| Market Cap | 4.96B |
| Beta (5Y Monthly) | 1.75 |
| PE Ratio (TTM) | 7.76 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.00 (9.21%) |
| Ex-Dividend Date | Apr 01, 2022 |
| 1y Target Est | N/A |
- Motley Fool
Why Rising Rates Helped New Residential Increase Its Book Value
The first quarter of 2022 was supposed to be particularly brutal for mortgage originators and mortgage real estate investment trusts (REITs). The Fed has begun a series of increases in the Fed Funds rate designed to put the brakes on rising inflation. At the same time, the Fed is preparing to let its holdings of mortgage-backed securities decrease.
- Motley Fool
New Residential Investment (NRZ) Q1 2022 Earnings Call Transcript
With me today are Michael Nierenberg, chairman, CEO, and president of New Residential; Nicola Santoro, chief financial officer; and also Baron Silverstein, president of Newrez and Caliber. As we go forward, looking across the industry, I would expect very little profitability in the origination business unless we see the treasury market rally back to lower yields.
- Zacks
New Residential Investment (NRZ) Q1 Earnings Top Estimates
New Residential Investment (NRZ) delivered earnings and revenue surprises of 8.82% and 1.37%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
