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New Residential Investment Corp (NYSE:NRZ) has been upgraded to Strong-Buy in a statement by ValuEngine earlier today.

Having a price of $16.91, New Residential Investment Corp (NYSE:NRZ) traded 0.49% higher on the day. With the last close up 0.16% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the same period. New Residential Investment Corp has recorded a 50-day average of $16.60 and a two hundred day average of $16.50. Volume of trade was down over the average, with 2,805,703 shares of NRZ changing hands under the typical 3,673,750

ValuEngine has upgraded New Residential Investment Corp (NYSE:NRZ) to Strong-Buy in a statement released on 6/20/2017.

Recent Performance Chart

New Residential Investment Corp (NYSE:NRZ)

New Residential Investment Corp has PE ratio of 5.87 with a one year low of $13.30 and a one year high of $17.86 and has a market capitalization of $0.

A total of 11 equity analysts have released a ratings update on NRZ. Four equity analysts rating the company a strong buy, seven brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $16.14.

General Information About New Residential Investment Corp (NYSE:NRZ)

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. Its portfolio includes mortgage servicing related assets, residential mortgage backed securities (RMBS), residential mortgage loans and other investments. The Company's servicing related assets include its investments in Excess MSRs, MSRs and servicer advances. The Company invests in agency RMBS and non-agency RMBS. The Company's other investments consist of consumer loans.

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