NRZ stock: buy or sell?

NRZ stock price: $17.63 0.74% At close on February 14th, 2020

Updated on:
February 14th, 2020

5

New Residential Investment shares gained 0.74% on February 14th and peaked a new all time high at $17.63. With Feb/14, it's been 5 green sessions in a row, soaring $0.39 or 2.23%.

New Residential Investment Corp., a real estate investment trust, focuses on investing in and managing residential mortgage related assets in the United States.

Should I buy NRZ stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to define your own trading plan that matches with your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

These 2 buy setups are elegible for New Residential Investment stock now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is New Residential Investment stock a buy?

Financial institutions and banks post stock ratings everyday. Unfortunately, we couldn't detect any rating for NRZ stock for the last 30 days.

NRZ stock analysis

Daily outlook

New Residential Investment gained 0.74% on Feb 14th and set a new all time high at $17.63.

New Residential Investment ended on Feb/14 at $17.63 after marking a new all time high ($17.63) and gained a tiny 0.74%. On December, SMA100d and SMA200d crossed up triggering a rise of 9.91%. From a daily perspective, NRZ is in a short term uptrend after plotting its last bottom ($16.27, on January 27th) higher than the previous bottom, and its last top ($17.63, on February/6) also over the previous top. Now trading in between its last bottom and last top NRZ might consolidate in a plain range, waiting to break out over $17.63 or down under $16.27. Since price and SMA200d lines crossed up on October, NRZ climbed $3.26 (22.69%).

NRZ stock chart (daily)

Weekly outlook

Shares of New Residential Investment closed this week at $17.63 after topping to a new all time high ($17.63) and grew a good 2.26%. For 3 weeks in a row, price soared and marked a profit of 6.77%.

NRZ shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom late January, NRZ climbed unceasignly breaking out to new all time highs. Late December 2019, SMA20w and SMA40w crossed up triggering a rise of 10.19%. Early October NRZ price bounced up over the SMA of 40 weeks that acted as support stopping new slides.

NRZ stock chart (weekly)

NRZ stock price history

NRZ stock went public on May 2nd, 2013 with a price of $6.711. Since then, NRZ stock grew a 162.70%, with a yearly average of 27.10%. If you had invested $1,000 in NRZ stock in 2013, it would worth $1,627.00 today.

1: Adjusted price after possible price splits or reverse-splits.

NRZ stock historical price chart

NRZ stock reached all-time highs on Feb 14th with a price of $17.63.

NRZ stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' NRZ stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not found any price prediction for New Residential Investment stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

New Residential Investment presented slightly fine results for 2018-Q4 . New Residential Investment appreciated Earnings per Share (EPS) by 5.50%, beating analysts estimates of $0.55. New Residential Investment posted $0.58.
NRZ earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a1.05n/a
2017-Q32017-10-270.540.6418.5%
2017-Q42018-02-130.540.6113.0%
2018-Q12018-04-270.550.585.5%
2018-Q22018-07-260.540.587.4%
2018-Q32018-10-250.540.6316.7%
2018-Q42019-02-120.550.585.5%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, New Residential Investment annual sales slipped a rough -6.17% to $1,319.78 million USD from $1,406.57 marked in 2017. Nonetheless, its income margin (compared to revenues) appreciated to 73.04%, that is $963.97 million.

NRZ annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$140 M-$266 M189.7%-
2014$556 M296.72%$353 M63.4%32.69%
2015$367 M-33.96%$269 M73.1%-23.87%
2016$780 M112.36%$504 M64.7%87.78%
2017$1,407 M80.30%$958 M68.1%89.82%
2018$1,320 M-6.17%$964 M73.0%0.67%

Quarterly financial results

New Residential Investment posted $97.59 M in sales for 2018-Q4, a -70.15% decline compared to previous quarter. Reported quarter earnings marked $0.35 million with a profit margin of 0.36%. Profit margin collapsed a -56.11% compared to previous quarter when profit margin was 56.46%. When comparing revenues to same quarter last year, New Residential Investment sales marked a frightening correction and plummed a -74.71%.
NRZ quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$651 M-$322 M49.4%-
2017-Q3$462 M-29.01%$226 M49.0%-29.72%
2017-Q4$386 M-16.45%$288 M74.7%27.50%
2018-Q1$661 M71.28%$604 M91.4%109.59%
2018-Q2$234 M-64.57%$175 M74.6%-71.08%
2018-Q3$327 M39.61%$185 M56.5%5.64%
2018-Q4$98 M-70.15%$0 M0.4%-99.81%
2019-Q1$319 M226.97%$146 M45.6%41,737.36%

New Residential Investment ownership

When you are planning to invest in a stock, it's worth to check its ownership structure.

New Residential Investment shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.40% of all shares.

In case of New Residential Investment stock, 52.68% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for NRZ stock account 0.00%, no big difference from last month.

For a better context understanding, the next table shows ownership data compared to other related companies:

NRZ
Market cap$7.3 B
Total shares415.5 M
Float shares413.8 M
  - Institutional holdings (%)52.7%
  - Insider holdings (%)0.4%
Shares in short selling0.0%

NRZ summary

Friday, February 14th, 2020
Open$17.50
Close$17.63
Day range$17.45 - $17.63
Previous close$17.50
Session gain0.74%
Average true range$0.25
50d mov avg$16.33
100d mov avg$15.67
200d mov avg$14.96
Daily patternlt06a
Weekly pattern lb03c

New Residential Investment performance

To better understand New Residential Investment performance you must becnhmark its gains with other related stocks in same sector or industry. We chose as the bechmarking frame for New Residential Investment stock.
Stock3m6m12m
NRZNew Residential I...19.61%32.66%16.68%

New Residential Investment competitors

Unfortunately, we could not find any public company that could be defined as New Residential Investment competitor. This doesn't mean New Residential Investment does not have any competitor in the market, it's just we could not detected it.