New Residential Investment (NRZ) Getting Somewhat Favorable News Coverage, Report Finds
News articles about New Residential Investment (NYSE:NRZ) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. New Residential Investment earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave news coverage about the real estate investment trust an impact score of 47.1732177480146 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- Analysts Reveals Updates on New Residential Investment Corp (NRZ) – AppsforPCdaily (appsforpcdaily.com)
- New Residential Investment Corp. (NRZ) expected to achieve earnings growth of 47.20% for this year – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Is The Stock More Volatile Than The Market? – New Residential Investment Corp., (NYSE: NRZ) – Stock Watch (stocksnewstimes.com)
- News Review: New Residential Investment Corp. (NYSE:NRZ), Synergy Pharmaceuticals, Inc. (NASDAQ:SGYP) – The Oracle Examiner (oracleexaminer.com)
- Is Stock’s Performance Impressive? – New Residential Investment Corp (NYSE: NRZ) – Alpha Beta Stock (alphabetastock.com)
Shares of New Residential Investment (NYSE NRZ) traded up $0.19 on Wednesday, hitting $17.21. The stock had a trading volume of 675,500 shares, compared to its average volume of 3,894,863. New Residential Investment has a 1 year low of $15.04 and a 1 year high of $18.43. The stock has a market capitalization of $5,720.00, a P/E ratio of 5.57 and a beta of 0.96.
Several research analysts have recently commented on the company. Vetr raised New Residential Investment from a “buy” rating to a “strong-buy” rating and set a $18.60 price target for the company in a research report on Thursday, February 22nd. B. Riley reaffirmed a “buy” rating and set a $19.25 target price on shares of New Residential Investment in a research report on Wednesday, November 29th. Zacks Investment Research lowered New Residential Investment from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. Wedbush raised New Residential Investment from a “neutral” rating to an “outperform” rating and set a $20.00 target price on the stock in a research report on Thursday, January 18th. Finally, ValuEngine lowered New Residential Investment from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 2nd. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $18.61.
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About New Residential Investment
New Residential Investment Corp. is a real estate investment trust (REIT). The Company focuses on investing in, and managing, investments related to residential real estate. The Company’s segments include investments in excess mortgage servicing rights (Excess MSRs); investments in mortgage servicing rights (MSRs); investments in servicer advances; investments in real estate securities; investments in residential mortgage loans; investments in consumer loans, and corporate.
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