New Residential Investment Overview

  • Founded
  • 2013
Founded
  • Status
  • Public
  • Employees
  • 6,086
Employees
  • Stock Symbol
  • NRZ
Stock Symbol
  • Investments
  • 12
  • Share Price
  • $10.34
  • (As of Friday Closing)

New Residential Investment General Information

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.

Contact Information

Website
www.newresi.com
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

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$10.34 $10.09 $5.78 - $11.47 $4.83B 467M 6.47M $1.01

New Residential Investment Financials Summary

In Thousands,
USD
TTM 31-Mar-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019 FY 2018 31-Dec-2018
Revenue 1,563,152 (196,291) 1,299,389 1,393,243
Net Income 472,677 (1,410,358) 563,296 963,967
Total Assets 35,184,129 33,252,114 44,863,454 31,691,013
Total Debt 28,694,677 27,216,666 35,847,229 22,777,837
Public Fundamental Data provided by Morningstar, Inc. disclaimer

New Residential Investment Valuation & Funding

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

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New Residential Investment Executive Team (3)

Name Title Board Seat Contact Info
Michael Nierenberg Chief Executive Officer & Chairman
Nick Santoro Chief Financial Officer & Chief Accounting Officer
You’re viewing 2 of 3 executive team members. Get the full list »

New Residential Investment Board Members (8)

Name Representing Role Since
000000 000000 New Residential Investment Board Member 000 0000
00000 00000000 00.0 Self Board Member 000 0000
0000000 000000 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
You’re viewing 5 of 8 board members. Get the full list »

New Residential Investment Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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New Residential Investment Investments & Acquisitions (12)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000 0000 00000 14-Apr-2021 000000000000000000 00.000 Thrifts and Mortgage Finance 0000000 0000000000
00000 00000000 02-Feb-2021 00000 00000 00 0000 Financial Software
000000 000000000 02-Oct-2019 000000000000000000 00.00 Consumer Finance 0000000 0000000000
00000000 00000 000 19-Aug-2019 000000000000000000 000.00 Buildings and Property 0000000 0000000000
Covius Holdings 29-Jul-2019 Corporate Other Financial Services 0000000 0000000000
You’re viewing 5 of 12 investments and acquisitions. Get the full list »

New Residential Investment Subsidiaries (4)

Company Name Industry Location Founded
Shellpoint Partners Consumer Finance New York, NY 2010
00000000 00000 000 Buildings and Property Levittown, PA 0000
0000 0000 00000000 Thrifts and Mortgage Finance Grand Cayman, Cayman Islands
000000 000000000 Acquirer Tempe, AZ
To view New Residential Investment’s complete subsidiaries history, request access »

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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