NRZ is a popular stock symbol that's been making waves in the market. The company behind it is New Residential Investment Corp.
NRZ is a mortgage real estate investment trust (mREIT) that focuses on investing in mortgage-related assets. This is a key part of their business model.
The company's main goal is to generate income through dividend payments to its shareholders. They achieve this by investing in mortgage-backed securities and other mortgage-related assets.
NRZ has a strong track record of delivering consistent dividend payments to its investors.
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Company Information
NRZ is a stock symbol that represents a specific investment opportunity.
The company behind NRZ is New Residential Investment Corp., a real estate finance company based in the United States.
New Residential Investment Corp. focuses on investing in and managing a portfolio of mortgage-related assets, including residential mortgage-backed securities.
NRZ is a publicly traded company listed on the New York Stock Exchange (NYSE).
The company's primary business objective is to generate income and capital appreciation through its investment activities.
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Financial Performance
The financial performance of stock symbol NRZ has been impressive, with a dividend yield of 10.3% in the past year.
This is due in part to the company's focus on generating consistent income through its dividend payments.
NRZ's dividend payout ratio is a relatively low 53.4%, indicating that the company has a stable financial foundation to support its dividend payments.
The stock's price-to-earnings ratio is around 12.5, which is slightly lower than the industry average, suggesting that NRZ may be undervalued by investors.
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Second Quarter 2022 Earnings Release and Call
New Residential Investment Corp. has scheduled its second quarter 2022 earnings release and conference call.
New Residential Investment Corp. will release its second quarter 2022 earnings, providing investors with valuable insights into the company's financial performance.
The earnings release and conference call are expected to offer a detailed look at the company's financials, helping investors make informed decisions.
New Residential Investment Corp. is listed on the NYSE under the ticker symbol NRZ.
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Announces Q1 2022 Results
New Residential Investment Corp. announced its first quarter 2022 results, providing investors with a snapshot of the company's financial performance.
The results were reported on a specific date, but unfortunately, that information is not available from the provided article sections.
New Residential Investment Corp. is a publicly traded company listed on the NYSE under the ticker symbol NRZ, also referred to as New Residential or the Company.
Its Board of Directors declared first quarter 2022 common and preferred dividends, a key milestone for the company.
The dividends were declared on a specific date, but that information is not available from the provided article sections.
New Residential Investment Corp. also scheduled its first quarter 2022 earnings release and conference call, providing a platform for investors and analysts to discuss the company's performance.
The earnings release and conference call were announced as part of the company's efforts to keep stakeholders informed about its financial performance.
Here are the key dates related to the company's Q1 2022 results:
- Results announcement date: Not specified
- Earnings release and conference call date: Not specified
- Dividends declaration date: Not specified
Price Returns
Over the past five years, the financial performance of NRZ has been quite volatile, with a return of -17.26% over the period.
The three-year return of 9.15% is a significant improvement from the previous five-year performance.
In 2021, NRZ experienced a notable surge, with a return of 17.07%. This is a stark contrast to the 2020 return of -34.36%.
The year 2022 was a flat year for NRZ, with a return of 0.00%.
Here's a breakdown of NRZ's returns over the past five years:
Dividends and Stock Price
New Residential Investment Corp. (NRZ) has a history of declaring dividends to its shareholders. In the first quarter of 2022, the company declared common and preferred dividends.
You can check the current stock price of NRZ, which as of February 24, 2025, closed at $11.86 per share. This information is crucial for investors looking to buy or sell the stock.
Here's a quick snapshot of NRZ's current stock price and dividend yield:
First Qtr 2022 Dividends
New Residential Investment Corp. declared its first quarter 2022 common and preferred dividends.
The company's Board of Directors made this announcement on a specific date, but it's not mentioned in the article.
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Price/Volume Stats
The current price of NRZ is $10.89, which is lower than its 52-week high of $11.81.
The stock has seen a significant trading volume of 5,091,700 shares on the current day, which is slightly lower than its average volume of 5,858,736 shares.
The 50-day moving average of NRZ is $10.16, indicating a slight downward trend in the stock's price over the past month.
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Stock Price Basics
New Residential Investment Corp. stock price is not always the same, as seen in the example where it closed at $11.86 on 2025-02-24.
Stock prices can fluctuate over time, making it essential to track them regularly.
On 2025-02-24, New Residential Investment Corp. (NRZ-N) stock closed at a price of $11.86.
Knowing the current stock price is crucial for making informed investment decisions.
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A closing price of $11.86 on a specific date like 2025-02-24 can be a valuable piece of information for investors.
Stock prices are publicly available and can be found through various sources, including financial news websites and stock market platforms.
The stock price of New Residential Investment Corp. on 2025-02-24 was $11.86, showing the importance of checking current prices.
This data can be used to analyze trends and patterns in the stock market.
New Residential Investment Corp. stock price on 2025-02-24 was $11.86.
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Investment Analysis
New Residential Investment Corp. has been recommended as a Top Pick by some stock experts, but it's essential to do your own research before investing.
The company has received attention from stock experts, with one recommending it as a Top Pick on a specific date, although the article doesn't specify who made the recommendation.
New Residential Investment Corp. is a company that has been evaluated by stock experts, and one of them has chosen it as a top pick, but the article doesn't provide more information about the expert or their reasoning.
To make an informed decision about investing in New Residential Investment Corp., it's crucial to consider the latest stock experts' ratings for the company.
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Stock Basics
Stocks are a type of investment that represents ownership in a company.
You can buy and sell stocks through a brokerage account, and prices fluctuate constantly.
A stock's price is determined by supply and demand in the market.
The stock market is open five days a week, from 9:30am to 4:00pm ET.
Investors can trade stocks online or through a broker.
Stocks can be traded in fractions, allowing for more precise buying and selling.
A dividend is a portion of a company's profit distributed to shareholders.
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Frequently Asked Questions
What happened to the new Residential Investment Corp?
New Residential Investment Corporation (NRZ) is now known as Rithm Capital Corporation (RITM), effective August 2, 2022. This name change affects the company's trading symbol, but not its underlying business operations.
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