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 potential capital gains of 12.22 percent. The lowest price target was 16, implying potential capital losses of -0.25 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. 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.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

Analysts estimate earnings of NRZ to grow at a rate of 6.04 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of NRZ is 1.31.

In the trailing 52-weeks, NRZ hit 17.86 at the highest peak, while it's lowest trading point was 13.30. The current market price is above the trailing year's low by 20.6 percent, and below the high by 10.19 percent. NRZ has a price/earnings 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's next earnings release will be on 0000-00-00, which is days away.