New Residential Investment Corp. [NYSE: NRZ] stock went up by 0.17% or 0.03 points up from its previous closing price of $17.50. The stock reached $17.53 during the last trading session. During the course of the last 5 trading session in the week, NRZ share price went up during 2 out of 5 days, that way gaining +1.74% in the period of the last 7 days.
NRZ had two major price movements with the latest trading session as the price jumped to a high of $17.60, at one point touching $17.43. The latest high is set lower that the high price recorded in the period of the last 52 weeks, set at $17.60. The 52-week high currently stands at $17.63 distance from the present share price, noting recovery 2.40% after the recent low of $13.63.
New Residential Investment Corp. [NYSE:NRZ]: Analyst Rating and Earnings
Its stock price has been found in the range of 13.63 to 17.63. This is compared to its latest closing price of $17.50.
Keep looking out for the next-scheduled quarterly financial results that this company is expected to put out, which is slated to occur on Wed 6 May (In 82 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 +23.64 and its Gross Margin at +85.13, this company’s Net Margin is now 11.50%. 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 1.90, and its Return on Invested Capital has reached 3.50%. Its Return on Equity is 8.56, and its Return on Assets is 1.47. 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.
Similarly, its Total Debt to Total Assets stands at 79.79.
The Enterprise Value to Sales for this firm is now 14.63.
Similarly, this company’s Total Asset Turnover is 0.08.
New Residential Investment Corp. [NRZ] has 421.31M shares outstanding, amounting to a total market cap of $7.37B. Its stock price has been found in the range of 13.63 to 17.63. At its current price, it has moved down by -0.57% from its 52-week high, and it has moved up 28.61% from its 52-week low.
This stock’s Beta value is currently 0.95, which indicates that it is 1.36% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 73.39. This RSI suggests that New Residential Investment Corp. is currently Overbought.
Conclusion: Is New Residential Investment Corp. [NRZ] a Reliable Buy?
Shares of New Residential Investment Corp. [NRZ], overall, appear to be a solid investment option, with Wall Street analysts expecting its price to rise considerably in the next 12 months. This company generates high value from the labor resources and other capital it has available, and while it has heavy Long-Term Debt to Equity, the majority of the metrics point to this investment being highly attractive.