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New Residential Investment

New Residential Investment
2013 FOUNDED
PUBLIC STATUS
1K-5K EMPLOYEES
NRZ STOCK SYMBOL
10 INVESTMENTS
$16.70 SHARE PRICE (As of Friday Closing)
Description

New Residential Investment Corp is a real estate investment trust that invests and manages investments related to residential real estate in the United States. The company's asset portfolio is mainly comprised of servicing-related assets and residential securities and loans. The vast majority of the cumulative outstanding face value of New Residential's portfolio is made up of excess mortgage servicing rights, or MSRs. The company collects interest income from these when the fee paid for an MSR exceeds the basic amount. Mortgage servicer advances, or loans extended to cover payments missed by homeowners, represent the majority of the carrying value of New Residential's investment portfolio. Most of these securities have short- to medium-term lifespans.

Website
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Real Estate Services (B2C)
Stock Exchange
NYS
Primary Office
  • 1345 Avenue of the Americas
  • 45th Floor
  • New York, NY 10105
  • United States

+1 (212) 000-0000
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New Residential Investment Stock Performance

52 wk Range Market Cap Prev. Close EPS Average Volume Shares
$13.63 - $17.34 $6.94B $16.67 $0.78 3.45M 416M

New Residential Investment Financials Summary

In Thousands,
USD
TTM
30-Sep-2019
FY 2018
31-Dec-2018
FY 2017
31-Dec-2017
FY 2016
31-Dec-2016
Revenue 932,440 1,346,241 1,434,311 779,175
Net Income 343,921 963,967 957,533 504,453
Total Assets 41,347,925 31,691,013 22,213,562 18,399,529
Total Debt 30,709,295 22,777,837 15,746,530 13,181,236
Public Fundamental Data provided by Morningstar, Inc. disclaimer

New Residential Investment Valuation and Funding

Deal Type Date Amount Post-Val Valuation/
EBITDA
Debt Status

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New Residential Investment Investments & Acquisitions (10)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000 000000000 02-Oct-2019 000000000000000000 Consumer Finance
00000000 00000 000 19-Aug-2019 000000000000000000 Buildings and Property 0000000 0000000000
000000 00000000 29-Jul-2019 000000000 Other Financial Services 0000000 0000000000
0000000000 0000000 03-Jul-2018 000000000000000000 00000 Consumer Finance 0000000 0000000000
Ocwen Financial 23-Jul-2017 PIPE 000.00 Thrifts and Mortgage Finance 0000000 0000000000
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New Residential Investment Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000 000000000 23-Jul-2017 0000 000.00 Completed
  • 000 00000000000 00
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New Residential Investment Subsidiaries (3)

Company Name Industry Location Founded
Shellpoint Partners Consumer Finance New York, NY 2010
0000 0000 00000000 Thrifts and Mortgage Finance Grand Cayman, Cayman Islands
000000 000000000 Acquirer Tempe, AZ
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New Residential Investment Executive Team (4)

Name Title Board
Seat
Contact
Info
Michael Nierenberg Chief Executive Officer & Chairman
Nick Santoro Chief Financial Officer
David Schneider Chief Accounting Officer

1 Former Executive

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New Residential Investment Board Members (6)

Name Representing Role Since Contact
Info
0000 00000 New Residential Investment Board Member 000 0000
0000000 000000 Self Board Member 000 0000
00000 00000000 Self Board Member 000 0000
0000000 0000000000 New Residential Investment Chief Executive Officer & Chairman 000 0000
000000 0000000 New Residential Investment Board Member 000 0000

1 Former Board Member

You’re viewing 5 of 6 board members. Get the full list »