The Best Way To Play New Residential Investment Corp. (NRZ) Right Now

Sloves Andrew, Director, added 1,800 shares of New Residential Investment Corp. (NRZ) to its portfolio at the rate of $16.65 per share valuing $29,974 on May 14. The insider has now 2,500 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of New Residential Investment Corp. (NRZ) was $16.01. Currently, the 1st Resistance Point for this stock is $16.08, with a 2nd Resistance Point sitting at $16.15. Meanwhile, this company’s stock has a 1st Support Level at $15.92 and a 2nd Support Level at $15.83. New Residential Investment Corp. (NRZ) stock has gained $0.43, or 2.76%, in the past five days. In the last full month, these shares have lost -$0.51, or -3.09%. In the past three months, this stock’s price has fallen by -$0.58, or -3.50%. This year-to-date, New Residential Investment Corp. (NRZ) shares have gained $1.80, or 12.67%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For New Residential Investment Corp. (NRZ) stock, 40% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 25% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Sell .”

With 415,430 K shares outstanding, this company currently has a market capitalization of $6,601,183K. New Residential Investment Corp. (NRZ) generates $2,193 M in annual sales, amounting to annual net income of $963,970 K. This stock has generated a 1-Year Total Return of -12.51%, a 3-Year Total Return of 15.35%, and a 5-year Total Return of 27.27%. This stock’s 5-Year Dividend Growth is 102.02%, with its most recent dividend valued at $0.500 per share on 04/03/19. Its Annual Dividend Yield is 12.59%, and its Annual Dividend Rate is 2.00.

In the most recently-reported fiscal quarter, which ended in Mar-19, New Residential Investment Corp. (NRZ) reported earnings of $0.53 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.53 per share, representing a 0 difference and 0.92% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.58 represented a 0.03 difference from the consensus estimate calling for $0.55 per share, which was a 4.60% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $0.54 per share. This estimate came from a total of 3 Wall Street Analysts. Of those market experts, the high estimate was $0.55 and the low estimate was $0.54. In the year-ago quarter, New Residential Investment Corp. (NRZ) generated per-share earnings of $0.58. If the analysts are correct about the current quarter’s earnings, the growth will be -6.90%.

Turning our focus now to insider trading activity, there have been 12 purchases (455,560 shares in total) and 1 sale (348,483 shares in total) in the last 3 months. In the last 6 months, there have been 17 insider buys amounting to 543,712 shares and 1 insider sales amounting to 348,483 shares. In the past full year, 19 insider purchases were made (involving 2,252,420 shares) and 3 insider sell-offs equivalent to 2,057,191 shares.

Looking at this company’s capital structure, its Total Debt to Total Equity is 379.78, its Total Debt to Total Capital is 79.16, and its Total Debt to Total Assets is now 71.82. Looking even further ahead into the future, its Long-Term Debt to Equity is 89.10 and its Long-Term Debt to Total Capital is 18.57.