New Residential Investment Corp. [NYSE: NRZ] opened at $15.3 and closed at $15.30 a share within trading session on 11/07/2019. That means that the stock dropped by -0.29% compared to the closing price from a day before, when the stock touched $15.26.
Between the start and the closing of the latest trading session, New Residential Investment Corp. [NYSE: NRZ] had 1.86 million shares being bought and sold. In the last three months, average trading volumes hovered around 3.18M shares. During the last week, volatility in the share price was set at N/A, which placed the metric for the last 30 days at N/A. The price of the stock additionally went down to $13.86 during that period and NRZ managed to take a rebound to $18.75 in the last 52 weeks.
New Residential Investment Corp. [NYSE:NRZ]: Analyst Rating and Earnings
Equities traders oftentimes stay updated on what leading stock market analysts say about a potential stock purchase. When it comes to New Residential Investment Corp. [NRZ], the most recently available average analyst rating is from the quarter that ends in December. On average, stock market experts give NRZ an Outperform rating. Its stock price has been found in the range of 13.86 to 18.75. This is compared to its latest closing price of $15.30.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for New Residential Investment Corp. [NRZ] is sitting at 1.89. This is compared to 1 month ago, when its average rating was 1.89.
For the quarter ending in Mar-19 New Residential Investment Corp. [NRZ] generated $0.23 billion in sales. That’s 7.91% higher than the average estimate of $0.21 billion as provided by Wall Street analysts. The three indicators above suggest that overall, this stock is demonstrating a mixed bag of positive appeal and some drawbacks, making it a somewhat risky investment that also has the potential to generate high ROI in the long run.
Keep looking out for the next-scheduled quarterly financial results that this company is expected to put out, which is slated to occur on Thu 25 Jul (In 14 Days).
Fundamental Analysis of New Residential Investment Corp. [NRZ]
Now let’s turn to look at profitability: with a current Operating Margin for New Residential Investment Corp. [NRZ] sitting at +42.71 and its Gross Margin at +84.02, this company’s Net Margin is now 25.50%. These measurements indicate that New Residential Investment Corp. [NRZ] is generating considerably more profit, after expenses are accounted for, compared to its market peers.
This company’s Return on Total Capital is 4.09, and its Return on Invested Capital has reached 3.50%. Its Return on Equity is 18.04, and its Return on Assets is 3.57. These metrics suggest that this New Residential Investment Corp. does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
Turning to investigate this organization’s capital structure, New Residential Investment Corp. [NRZ] has generated a Total Debt to Total Equity ratio of 379.78. Similarly, its Total Debt to Total Capital is 79.16, while its Total Debt to Total Assets stands at 71.82. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 89.10, and its Long-Term Debt to Total Capital is 18.57. This company is not leveraging its assets to take on debt, which stunts its growth and limits the ROI for investors.
What about valuation? This company’s Enterprise Value to EBITDA is 28.52 and its Total Debt to EBITDA Value is 14.08. The Enterprise Value to Sales for this firm is now 12.61, and its Total Debt to Enterprise Value stands at 0.83.
Shifting the focus to workforce efficiency, New Residential Investment Corp. [NRZ] earns $788,960,333 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 0.40 and its Total Asset Turnover is 0.09.
New Residential Investment Corp. [NRZ] has 427.58M shares outstanding, amounting to a total market cap of $6.54B. Its stock price has been found in the range of 13.86 to 18.75. At its current price, it has moved down by -18.62% from its 52-week high, and it has moved up 10.06% from its 52-week low.
This stock’s Relative Strength Index (RSI) is at 38.72. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is New Residential Investment Corp. [NRZ] a Reliable Buy?
Shares of New Residential Investment Corp. [NRZ], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.