NRZ News and Press, New Residential Investment Corp. From 05/05/22

New Residential out-earned its dividend again by a high margin in 1Q-22. The trust’s book value was up 9.8% to $12.56 per share. MSR portfolio provides a hedge against inflation. Despite great dividend coverage and book value growth, the stock trades at a 10% discount t...

After 61 weeks and $6,100 allocated, the Dividend Harvesting portfolio is generating $428.81 in annual dividend income. The Dividend Harvesting portfolio has a 98.36% record of finishing the week in the black since its inception, 59/60 weeks. In week 61, I added to VZ, INTC, NRZ, ...

Image source: The Motley Fool. New Residential Investment (NYSE: NRZ) Q1 2022 Earnings Call May 03, 2022 , 8:00 a.m. ET Operator Continue reading For further details see: New Residential Investment (NRZ) Q1 2022 Earnings Call Transcript ...

The following slide deck was published by New Residential Investment Corp. in conjunction with their 2022 Q1 earnings call. For further details see: New Residential Investment Corp. 2022 Q1 - Results - Earnings Call Presentation

New Residential Investment Corp. (NRZ) Q1 2022 Earnings Conference Call May 3, 2022 08:00 ET Company Participants Bohe Yu - Investor Relations Michael Nierenberg - Chairman, Chief Executive Officer and President Nick Santoro - Chief Financial Officer Baron Silverstein - President, NewRez/Cali...

New Residential Investment (NYSE:NRZ),  a provider of mortgage and financial services, posted better-than-expected Q1 earnings and saw its book value climb during the quarter while its servicing net revenue surged more than three-fold from the previous quarter. "Our diversified inve...

New Residential Investment press release (NYSE:NRZ): Q1 Non-GAAP EPS of $0.37 beats by $0.02. Book value per common share of $12.56 For further details see: New Residential Investment Non-GAAP EPS of $0.37 beats by $0.02

New Residential Investment Corp. (NYSE: NRZ; “New Residential” or the “Company”) today reported the following information for the first quarter ended March 31, 2022: First Quarter 2022 Financial Highlights : GAAP net income of $661.9 million...

When shares trade at a 40% discount to book value, they should have substantial flaws. This REIT isn’t perfect, but it deserves a higher ratio. The 10% dividend yield pays investors to wait for the price to recover. We’ve traded these shares before, so we aren&#x...

U.S. housing affordability in March fell to near all-time lows as home prices and mortgage rates continued to surge in the wake of the highest consumer price inflation in four decades. Specifically, home prices in March appreciated at an annualized rate of 19.9%, down from February's upwardly...