What does NRZ invest in?

Its portfolio includes mortgage servicing related assets, residential mortgage backed securities (RMBS), residential mortgage loans and other investments. The Company’s servicing related assets include its investments in Excess MSRs, MSRs and servicer advances. The Company invests in agency RMBS and non-agency RMBS.

What does New Residential Investment Corp do?

At New Residential, we facilitate homeownership through our mortgage origination subsidiary, NewRez, and maintain a diversified portfolio of investments comprised of Mortgage Servicing Rights, Non-Agency Securities & Associated Call Rights, and other opportunistic investments.

What owns NRZ?

The company’s largest shareholder is The Vanguard Group, Inc., with ownership of 8.5%. In comparison, the second and third largest shareholders hold about 6.0% and 4.0% of the stock.

What sector is NRZ in?

Differentiated Performance and Portfolio. New Residential Investment Corp. (NYSE: NRZ) is a leading provider of capital and services to the mortgage and financial services industries.

Will NRZ stock go up?

New Residential Investment Corp (NYSE:NRZ)

The 9 analysts offering 12-month price forecasts for New Residential Investment Corp have a median target of 13.00, with a high estimate of 13.00 and a low estimate of 11.00. The median estimate represents a +34.44% increase from the last price of 9.67.

Does NRZ pay monthly dividends?

The next New Residential Investment Corp dividend is expected to go ex in 2 months and to be paid in 3 months.

Dividend Summary.

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Summary Previous dividend Next dividend
Pay date 30 Jul 2021 (Fri) 28 Oct 2021 (Thu)

How many shares does NRZ?

Share Statistics

Avg Vol (3 month) 3 5.59M
Shares Outstanding 5 466.58M
Implied Shares Outstanding 6 N/A
Float 464.5M
% Held by Insiders 1 0.45%

Is NewRez the same as NRZ?

(“NRZ,” “New Residential”) today announced key leadership additions to its mortgage subsidiary, NewRez LLC (“NewRez”), including Baron Silverstein as President and Neeraj Kalani as Chief Marketing Officer.

What is NRZ encoding?

In telecommunication, a non-return-to-zero (NRZ) line code is a binary code in which ones are represented by one significant condition, usually a positive voltage, while zeros are represented by some other significant condition, usually a negative voltage, with no other neutral or rest condition.

Is NRZ a good buy right now?

Stocks with both “A” grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now. … NRZ is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with a P/E ratio of 6.79, which compares to its industry’s average of 10.56.

Is NRZ a good REIT?

PE vs Industry: NRZ is good value based on its PE Ratio (7.8x) compared to the US Mortgage REITs industry average (8.3x). PE vs Market: NRZ is good value based on its PE Ratio (7.8x) compared to the US market (17.9x).

Is WMC a REIT?

Western Asset Mortgage Capital Corporation is a diversified mortgage finance REIT that is externally managed by Western Asset Management Company, LLC (“Western Asset”), a leading fixed income manager with global investment capabilities and infrastructure.

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