Previous 10 | Next 10 |
The 10-year Treasury yield is up 10.5 basis points to 0.92% - its highest level since the March panic.The moves comes after interim data from the Pfizer/BioNTech Covid-19 vaccine trial showed 90% effectiveness after the second dose.The iShares 20+ Year Treasury Bond ETF (TLT) is down 2.1...
U.S. equity markets surged by the most since April on an election week rally fueled by the mounting prospects of a divided government after the "Blue Wave" failed to materialize. Rebounding from their worst week since March, the S&P 500 surged by 7.2% this past week while the Dow ...
Buybacks potential win/wins for companies that pay attractive dividends like Plains All American Pipeline LP (PAA), New Residential Investment (NRZ), and MPLX LP (MPLX). There is frustration among numerous management teams of companies with high-dividend yields that the stock market has ...
Flying under-the-radar during Election season, a frenzy of real estate earnings reports over the last three weeks have provided critical information on the state of the commercial real estate sector. Roughly two-thirds of the 170 equity REITs in our coverage universe beat consensus FF...
NewRez operates in an extremely competitive and complicated industry and it requires a talented staff to make sure it is executing in all aspects of its business. The growth of its origination arm is one of the most important developments and should benefit other operating segments li...
PMT and NRZ are both in our bullish range and in our portfolio. These REITs don’t just service mortgages, they also originate mortgages. As you may have heard, mortgage origination is a great business today. Discounts to book value (or NAV) are the start of your mortgage RE...
These have been trying times for mortgage real estate investment trusts (REITs). Nearly all of them were forced to sell assets at reduced prices in an illiquid market this spring. All reported big declines in book value per share and dividend decreases. And some embarked on wholesale bu...
National mortgage lender and servicer roles out charitable initiatives under its NewRez NOW Community Investment Program NewRez LLC (“NewRez”, the “Company”), a national mortgage lender and servicer, announced today a charitable donation goal ...
We just purchased shares in one of the worst performing mortgage REITs, and we’re excited to share that news. The discount to book value is staggering and is particularly rare among the residential mortgage REITs. Discounts to book value (or NAV) are the start of your mortg...
Consensus analyst estimates for Drive Shack Q3 are $59.8m in revenue and $(0.23) in EPS when they report November 3rd. Looking at rounds played and business developments for Drive Shack informs why this significantly underestimates their expected business performance in Q3. Callaw...
News, Short Squeeze, Breakout and More Instantly...
New Residential Investment Corp. Company Name:
NRZ Stock Symbol:
NYSE Market:
New Residential Investment Corp. Website:
Newrez LLC (“Newrez”, the “Company”), a national mortgage lending and servicing organization, is lending more support to a community near and dear to the organization – veterans – by becoming a 2022 Veterans Golf Association (“VGA”...
Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...
New Residential Investment Corp. (NYSE:NRZ, “New Residential” or the “Company”) announced today that it will release its second quarter 2022 financial results for the period ended June 30, 2022 on Tuesday, August 2, 2022 prior to the opening of the New York S...