About
About New Residential Investment Corp
New Residential Investment Corp. operates as a real estate investment trust in the United States. It operates through Origination, Servicing, MSR Related Investments, Residential Securities, Properties and Loans, Consumer Loans, Mortgage Loans, and Corporate segments. The company invests in mortgage servicing rights, mortgage origination and servicing companies, residential mortgage-backed securities, properties and loans, consumer loans, and other opportunistic investments. It qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. New Residential Investment Corp. was incorporated in 2011 and is based in New York, New York.
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5 years, 4 months ago
New Residential Investment Corp is currently in a long term uptrend where the price is trading 4.4% above its 200 day moving average.
From a valuation standpoint, the stock is 102.8% more expensive than other stocks from the Real Estate sector with a price to sales ratio of 20.1.
New Residential Investment Corp's total revenue rose by 100.9% to $1B since the same quarter in the previous year.
Its net income has dropped by 93.3% to $15M since the same quarter in the previous year.
Finally, its free cash flow fell by 107.1% to $-48M since the same quarter in the previous year.
Based on the above factors, New Residential Investment Corp gets an overall score of 2/5.