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.

Several price targets were given for NRZ by the analysts covering the stock. The most optimistic analyst gave a price target of 18, which equates to a potential upside of 12.22 percent. The most pessimistic price target was 16, implying potential capital losses of -0.25 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

The growth rate of NRZ's earnings is estimated by analysts to be 6.04 percent. Another measure frequently examined by investors is 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, though it could be better to see where the ratio stands relative to peers in the industry. 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 below the high by 10.19 percent. 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.