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How to buy New Residential Investment (NRZ) stocks in Canada
Learn how to easily invest in New Residential Investment stocks.
New Residential Investment is a reit-mortgage business based in the US. New Residential Investment stocks (NRZ.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $10.01 – a decrease of 3.04% over the previous week. New Residential Investment employs 12,746 staff and has a trailing 12-month revenue of around $2.5 billion.
How to buy shares in New Residential Investment
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – NRZ – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- Can I buy shares in New Residential Investment?
- Has coronavirus impacted New Residential Investment shares?
- New Residential Investment shares summary
- Compare share dealing platforms
- Is New Residential Investment stock a buy or sell?
- New Residential Investment performance over time
- Are New Residential Investment shares over-valued?
- New Residential Investment's financials
- How volatile are New Residential Investment shares?
- Does New Residential Investment pay a dividend?
- Have New Residential Investment shares ever split?
- Other common questions
New Residential Investment stock price (NYSE:NRZ)Use our graph to track the performance of NRZ stocks over time.
New Residential Investment shares at a glance
|Latest market close||$10.53|
|52-week range||$8.58 - $11.54|
|50-day moving average||$11.00|
|200-day moving average||$10.69|
|Wall St. target price||$12.72|
|Dividend yield||$0.85 (8.61%)|
|Earnings per share (TTM)||$1.31|
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Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy New Residential Investment stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
New Residential Investment price performance over time
|1 week (2022-01-19)||-3.04%|
|1 month (2021-12-23)||-4.53%|
|3 months (2021-10-26)||-8.99%|
|6 months (2021-07-26)||10.49%|
|1 year (2021-01-26)||7.45%|
|2 years (2020-01-24)||-36.18%|
|3 years (2019-01-25)||16.65|
|5 years (2017-01-26)||16.25|
Is New Residential Investment under- or over-valued?
Valuing New Residential Investment stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of New Residential Investment's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
New Residential Investment's P/E ratio
New Residential Investment's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, New Residential Investment shares trade at around 8x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
New Residential Investment's PEG ratio
New Residential Investment's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 10.63. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into New Residential Investment's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
New Residential Investment financials
|Revenue TTM||$2.5 billion|
|Operating margin TTM||37.09%|
|Gross profit TTM||$-150,388,000|
|Return on assets TTM||2%|
|Return on equity TTM||1251.11%|
|Market capitalisation||$5 billion|
TTM: trailing 12 months
New Residential Investment share dividends
Dividend payout ratio: 63.83% of net profits
Recently New Residential Investment has paid out, on average, around 63.83% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 8.61% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), New Residential Investment shareholders could enjoy a 8.61% return on their shares, in the form of dividend payments. In New Residential Investment's case, that would currently equate to about $0.85 per share.
New Residential Investment's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
New Residential Investment's most recent dividend payout was on 27 January 2022. The latest dividend was paid out to all shareholders who bought their shares by 29 December 2021 (the "ex-dividend date").
Have New Residential Investment's shares ever split?
New Residential Investment's shares were split on a 1:2 basis on 19 October 2014. So if you had owned 2 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your New Residential Investment shares – just the quantity. However, indirectly, the new 100% higher share price could have impacted the market appetite for New Residential Investment shares which in turn could have impacted New Residential Investment's share price.
New Residential Investment share price volatility
Over the last 12 months, New Residential Investment's shares have ranged in value from as little as $8.5766 up to $11.5418. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while New Residential Investment's is 1.8317. This would suggest that New Residential Investment's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
New Residential Investment overview
New Residential Investment Corp. , a real estate investment trust, focuses on investing in and managing residential mortgage related assets in the United States. It operates through five segments: Origination, Servicing, MSR Related Investments, Residential Securities and Loans, and Consumer Loans. The company invests in excess mortgage servicing rights (MSRs) on residential mortgage loans; and in servicer advances, including the basic fee component of the related MSRs. It also invests in real estate securities and residential mortgage loans, as well as in consumer loans, including unsecured and homeowner loans. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders.
Stocks similar to New Residential Investment
New Residential Investment in the news
New Residential Investment (NRZ) Gains As Market Dips: What You Should Know
New Residential Investment Corp. Schedules Fourth Quarter and Full Year 2021 Earnings Release and Conference Call
AGNC Investment's Q4 2021 Income Statement And Earnings Projection - Part 2 (Includes Current Recommendation)
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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