New Residential Investment Corp. (NYSE:NRZ) went up by 3.78% from its latest closing price when compared to the 1-year high value of $17.66 and move down -138.33%, while NRZ stocks remain unchanged in the last five trading sessions. Press Release reported 8 hours ago that NewRez Issues First Annual Employee Service Award Through Multiplying Good Partnership
New Residential Investment Corp. (NYSE:NRZ) Worth an Investment?
New Residential Investment Corp. (NYSE: NRZ) The 36 Months beta value for NRZ stocks is at 1.76, while of the analysts out of 0 who provided ratings for New Residential Investment Corp. stocks as a “buy” while as overweight, rated it as hold and as sell. NRZ currently has a short float of 3.16% and public float of 413.76M with average trading volume of 13.41M shares.
NRZ Market Performance
NRZ stocks changed by 0.00% for the week, with the monthly jump of 3.35% and a quarterly performance of 24.12%, while its annual performance rate touched -51.85%. The simple moving average for the period of the last 20 days is -5.00% for NRZ stocks with the simple moving average of -40.60% 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 Argus repeating the rating for NRZ shares by setting it to “Hold”. The predicted price for NRZ socks in the upcoming period according to Argus is $37 based on the research report published on April 2, 2020.
Argus, on the other hand, stated in their research note that they expect to see NRZ stock at the price of $18. The rating they have provided for NRZ stocks is “Buy” according to the report published on December 31, 2019.
Compass Point gave “Buy” rating to NRZ stocks, setting the target price at $18 in the report published on December 2, 2019.
NRZ Stocks 8.12% 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 -58.04% of loss for the given period.
The stock volatility was left at 7.77%, however, within the period of a single month, the volatility rate increased by 7.23%, while the shares sank at the distance of -1.20% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +38.76% upper at the present time.
In the course of the last 5 trading sessions, NRZ remain unchanged, which changed the moving average for the period of 200 days to the total of -50.53% of losses for the stock in comparison to the 20-day moving average settled at $7.80. In addition, New Residential Investment Corp. saw -54.00% in overturn over the period of a single year with a tendency to cut further losses.
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 3,600 shares at the price of $7.29 back on May 29. After this action, Rushing now owns 3,700 shares of New Residential Investment Corp., valued at $26,252 with the latest closing price.
LENEHAN PAMELA F, the Director of New Residential Investment Corp., bought 10,000 shares at the value of $5.53 during a trade that took place back on Mar 19, which means that LENEHAN PAMELA F is holding 18,865 shares at the value of $55,310 based on the most recent closing price.
NRZ Stock Fundamentals
The current profitability levels are settled at +23.76 for the present operating margin and +85.06 for gross margin. The net margin for New Residential Investment Corp. stands at +19.54. Total capital return value is set at 1.90, while invested capital returns managed to touch 3.59. Equity return holds the value -19.40%, with -3.30% for asset returns.
Based on New Residential Investment Corp. (NRZ), the company’s capital structure generated 500.82 points for debt to equity in total, while total debt to capital is set at the value of 83.36. Total debt to assets is settled at the value of 79.73 with long-term debt to equity ratio rests at 1.73 and long-term debt to capital is 191.20.
The value for Enterprise to Sales is 14.66 with debt to enterprise value settled at 0.85. The receivables turnover for New Residential Investment Corp. is 0.28 with the total asset turnover at the value of 0.08.