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, which equates to a potential upside of 12.22 percent. The most pessimistic analyst gave a price target of 16, which equates to a potential downside of -0.25 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 2.88 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.24 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of NRZ to grow at a rate of 6.04 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, 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, but many choose to perform ratio comparisons with other companies in the industry. NRZ has a PEG ratio of 1.31.

In the last 52-weeks, NRZ has achieved a high of 17.86 and a low of 13.30. Today's price is 20.6 percent above the 52-week low, and 10.19 percent below the 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 market cap of NRZ is $4.93 billion. NRZ will post this quarters earnings in days, on 0000-00-00.