Analyst Ratings for New Residential Investment Corp. (NRZ)

Updated: 2017-07-29

An average rating of Buy has been given to New Residential Investment Corp. (NYSE:NRZ) by analysts covering the stock. Last month, NRZ received an average rating of Buy.

7 analysts declared NRZ a buy, 0 issued an overweight rating, 1 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an decrease of 2 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

NRZ was given price targets by several analysts. The maximum price target given was 18, implying a possible profit of 12.22 percent. The most pessimistic price target was 16, implying potential capital losses of -0.25 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 2.88 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.24 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of NRZ's earnings is estimated by analysts to be 6.04 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of NRZ is 1.31.

NRZ has a 52-week high of 17.86 and a 52-week low of 13.30. Currently the stock is 20.6 percent higher than its low, and 10.19 percent lower than its 52-week high. NRZ has a P/E ratio of 7.9. Investors typically compare the P/E ratio to a company's peers in the industry. The NRZ value stock report compares NRZ to some of its peers using value stock charts. The stock has a market capitalization of $4.93 billion. NRZ's next earnings release will be on 0000-00-00, which is days away.