New Residential Investment Corp. (NYSE:NRZ)went up by 0.33% from its latest closing price when compared to the 1-year high value of $18.62 and move down -23.23%, while NRZ stocks collected +7.16% of gains with the last five trading sessions. The Wall Street Journal reported on 08/28/19 that Consumer Concerns Sink Ditech’s Chapter 11 Exit Plan
New Residential Investment Corp. (NYSE:NRZ) Worth an Investment?
New Residential Investment Corp. (NYSE: NRZ) scored price to earnings ratio above its average ratio, recording 17.99 times of increase in earnings at the present.
NRZ Market Performance
NRZ stocks went up by 7.16% for the week, with the monthly jump of 4.50% and a quarterly performance of -2.01%, while its annual performance rate touched -18.54%. The simple moving average for the period of the last 20 days is 5.99% for NRZ stocks with the simple moving average of -5.27% for the last 200 days.
Analysts’ Opinion on New Residential Investment Corp. (NYSE:NRZ)
Many brokerage firms have already submitted their reports for NRZ stocks, with BTIG Research repeating the rating for NRZ shares by setting it to “Buy”. The predicted price for NRZ socks in the upcoming period according to BTIG Research is $18 based on the research report published on September 6, 2019.
Raymond James, on the other hand, stated in their research note that they expect to see NRZ stock at the price of $20. The rating they have provided for NRZ stocks is “Outperform” according to the report published on October 5, 2018.
Wedbush gave “ Outperform” rating to NRZ stocks, setting the target price at $20 in the report published on January 18, 2018.
NRZ Stocks 1.50% Far from 50 Day Moving Average
After a stumble in the market that brought NRZ to its low price for the period of the last 52 weeks, New Residential Investment Corp. was unable to take a rebound, for now settling with -18.85% of loss for the given period.
The stock volatility was left at 1.66%, however, within the period of a single month, the volatility rate increased by 1.66%, while the shares surge at the distance of +4.06% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -2.26% lower at the present time.
In the course of the last 5 trading sessions, NRZ went up by +7.16%, which changed the moving average for the period of 200 days to the total of -9.58% of losses for the stock in comparison to the 20-day moving average settled at $14.29. In addition, New Residential Investment Corp. saw 6.33% in overturn over the period of a single year with a tendency to cut further gains.
NRZ Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at New Residential Investment Corp. (NRZ), starting from Sloves Andrew, who bought 1,800 shares at the price of $16.65 back on May 14. After this action, Rushing now owns 2,500 shares of New Residential Investment Corp., valued at $29,974 with the latest closing price.
Saltzman David, the Director of New Residential Investment Corp., bought 14,174 shares at the value of $16.66 during a trade that took place back on May 03, which means that Saltzman David is holding 38,887 shares at the value of $236,139 based on the most recent closing price.
NRZ Stock Fundamentals
The current profitability levels are settled at +42.71 for the present operating margin and +84.02 for gross margin. The net margin for New Residential Investment Corp. stands at +40.73. Total capital return value is set at 4.09, while invested capital returns managed to touch 9.13. Equity return holds the value 4.70%, with 0.90% for asset returns.
Based on New Residential Investment Corp. (NRZ), the company’s capital structure generated 379.78 points for debt to equity in total, while total debt to capital is set at the value of 79.16. Total debt to assets is settled at the value of 71.82 with long-term debt to equity ratio rests at 89.10 and long-term debt to capital is 18.57.
EBITDA value lies at 622.80 M with total debt to EBITDA carrying the value of 14.08. The value for Enterprise to Sales is 12.21 with debt to enterprise value settled at 0.83. The receivables turnover for New Residential Investment Corp. is 0.40 with the total asset turnover at the value of 0.09.