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 most optimistic analyst gave a price target of 18, implying a possible profit of 12.22 percent. The lowest price target was 16, implying a possible loss 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. That number becomes 2.88 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.24 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of NRZ to grow at a rate of 6.04 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. NRZ has a PEG ratio of 1.31.

NRZ has a 52-week high of 17.86 and a 52-week low of 13.30. The current market price is above the trailing year's low by 20.6 percent, 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 market cap of NRZ is $4.93 billion. NRZ is estimated to release their earnings results for the quarter on 0000-00-00, days from today.