Analysts Advise About New Residential Investment Corp. (NYSE:NRZ)

New Residential Investment Corp. has a 12 month low of $10.30 and a 12 month high of $16.78. BB&T Securities LLC raised its position in shares of New Residential Investment Corp.by 5.6% in the third quarter. The company has 1 year Price Target of $46.1.

07/16/2015 - New Residential Investment Corp. had its "buy" rating reiterated by analysts at UBS. Citigroup Inc. now owns 8,330,259 shares of the real estate investment trust's stock worth $115,291,000 after buying an additional 230,819 shares during the period.

05/20/2015 - New Residential Investment Corp. had its "buy" rating reiterated by analysts at Sterne Agee. Bank of Montreal Can now owns 659,564 shares of the real estate investment trust's stock valued at $9,109,000 after buying an additional 536,000 shares in the last quarter.

05/15/2015 - New Residential Investment Corp. was upgraded to "strong-buy" by analysts at Zacks. FMR LLC now owns 2,138,650 shares of the real estate investment trust's stock worth $29,599,000 after buying an additional 962,200 shares during the period. The 1 year EPS growth rate is -47.60%. Company has a market cap of $4,141 M. Further back, their 200-Day Simple Moving Average is 7.41% difference from today's price. New Residential Investment Corp.

04/21/2015 - New Residential Investment Corp. had its "outperform" rating reiterated by analysts at Credit Suisse.

New Residential Investment is available at low price to earnings ratio of 9.8x, showing us it is undervalued relative to the current USA market average of 25.5x and undervalued based on the latest annual earnings update compared to the Financial Institutions average of 20.7x. (NYSE:NRZ) recently. The rating firm issued a Neutral rating to this company in a research note released on Oct 26, 2016. That is compared with the $0.52 in EPS it reported during the same period a year ago.

New Residential Investment Corp.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 31st. Stockholders of record on Monday, March 27th will be given a $0.48 dividend. This is a positive change from New Residential Investment Corp.'s previous quarterly dividend of $0.46. Recently, analysts have updated the overall rating to 1.8. Analysts had expected New Residential Investment Corp. There may be many price targets for a single security.

New Residential Investment Corp.'s (NRZ) stock price ended its day with a gain of 0.97% and finalized at the price of $16.67. Barclays PLC set a $16.00 price target on New Residential Investment Corp. and gave the company a "buy" rating in a research report on Saturday, November 19th. Finally, Wedbush assumed coverage on New Residential Investment Corp.in a report on Wednesday, October 5th. At recent session, the prices were hovering between $16.52 and $16.78.

The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.50.

According to Financial Times, The 10 analysts offering 12 month price targets for KAR Auction Services Inc have a median target of 49.00, with a high estimate of 59.00 and a low estimate of 45.00.

The PEG ratio (price/earnings to growth ratio) is a valuation metric used to assess the relative trade-off between the price of a stock, the earnings per share (EPS), and the company's expected growth. The shares were purchased at an average cost of $14.22 per share, with a total value of $187,704.00. Similarly, the company has Return on Assets of 4.4 percent, Return on Equity of 11.4 percent and Return on Investment of 9.8 Percent.