|Bid||9.40 x 2900|
|Ask||9.43 x 4000|
|Day's Range||9.38 - 9.59|
|52 Week Range||2.91 - 17.66|
|Beta (5Y Monthly)||1.84|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb. 04, 2021 - Feb. 08, 2021|
|Forward Dividend & Yield||0.80 (8.32%)|
|Ex-Dividend Date||Dec. 30, 2020|
|1y Target Est||11.15|
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The year 2020 has been difficult for mortgage real estate investment trusts (REITs). This caused every mortgage REIT to shrink its balance sheet and cut dividends. The drop in interest rates sparked by the downturn in the U.S. economy, however, gave birth to a home refinancing wave that has given the mortgage sector its best year since the early 2000s.
New Residential Investment Corp. Declares Fourth Quarter 2020 Common and Preferred Dividends