NEW RESIDENTIAL INVESTMENT (NRZ) Forecast, Price Target & Analyst Ratings

Q: What do analysts expect the price target to be for NEW RESIDENTIAL INVESTMENT (NRZ)?

16 analysts have analysed NRZ and the average price target is 12.6 USD. This implies a price increase of 15.67% is expected in the next year compared to the current price of 10.89.

Q: Can you provide the upcoming earnings date for NEW RESIDENTIAL INVESTMENT?

NEW RESIDENTIAL INVESTMENT (NRZ) will report earnings on 2022-10-31.

NYSE:NRZ • US64828T2015

10.89 USD

-0.02 (-0.18%)

At close: Aug 1, 2022

10.9 USD

+0.01 (+0.09%)

After Hours: 8/1/2022, 8:22:09 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for NEW RESIDENTIAL INVESTMENT (NRZ).

Consensus Price Target

Price Target

$12.60

+ 15.67% Upside

→ Price target details

Next Earnings Forecast

Earnings Estimate

Release Date: Oct 31, 2022
Period: Q3 / 2022
EPS Estimate: $0.33
Revenue Estimate: 269.564M

→ Full earnings forecast details

ChartMill Buy Consensus

Rating

81.25%

Weighted Analyst Rating Score

→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target

$12.60

Upside

+ 15.67%

From current price of $10.89 to mean target of $12.60, Based on 16 analyst forecasts

Low

$10.10

Median

$13.01

High

$14.70

Price Target Revisions

1 Month

N/A

3 Months

N/A

Price Target Summary

16 Wall Street analysts provided a forecast for the next 12 months for NRZ. The average price target is 12.6 USD. This implies a price increase of 15.67% is expected in the next year compared to the current price of 10.89.

→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

Analyst Ratings History

Analyst Ratings Consensus

ChartMill Buy Consensus

81.25%

NRZ was analyzed by 16 analysts. The buy percentage consensus is at 81. So analysts seem to be very confident about NRZ.

In the previous month the buy percentage consensus was at a similar level.

NRZ was analyzed by 16 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

Date	Firm	Action	From → To
2022-06-13	Piper Sandler	Downgrade	Neutral -> Underweight
2022-05-19	Raymond James	Maintains	Outperform
2022-05-05	Piper Sandler	Downgrade	Overweight -> Neutral
2021-11-19	RBC Capital	Maintains	Outperform
2021-10-18	JMP Securities	Maintains	Market Outperform
2021-08-30	Credit Suisse	Reiterate	Outperform
2021-05-20	Raymond James	Maintains	Outperform
2021-04-15	Jones Trading	Downgrade	Buy -> Hold
2021-04-15	JonesTrading	Downgrade	Buy -> Hold
2021-03-25	RBC Capital	Initiate	Outperform
2021-03-15	Credit Suisse	Maintains	Outperform
2021-02-10	Raymond James	Maintains	Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date: Oct 31, 2022
Period: Q3 / 2022
EPS Estimate: $0.33
Revenue Estimate: 269.564M
Revenue Q2Q: -70.98%
EPS Q2Q: -25.42%
Number of Analysts: 12

Next Earnings Revisions

Revenue (1 Month)

N/A

Revenue (3 Months)

N/A

EPS (1 Month)

N/A

EPS (3 Months)

N/A

Next Earnings Summary

NRZ is expected to report earnings on 10/31/2022. The consensus EPS estimate for the next earnings is 0.33 USD and the consensus revenue estimate is 269.56M USD.

→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2022 - 2026

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

	2019	2020	2021	2022	2023	2024	2025	2026
Revenue YoY % growth	2.536B 13.34%	576.534M -77.27%	3.529B 512.04%	1.01B -71.37%	1.21B 19.80%	903.445M -25.34%	869.726M -3.73%	845.639M -2.77%
EBITDA YoY % growth	N/A	N/A	972.041M	N/A	N/A	N/A	N/A	N/A
EBIT YoY % growth	623.334M -35.14%	-1.217B -295.27%	965.969M 179.36%	726.78M -24.76%	831.659M 14.43%	940.763M 13.12%	1.075B 14.25%	N/A
Operating Margin	24.58%	-211.12%	27.38%	71.95%	68.73%	104.13%	123.58%	N/A
EPS YoY % growth	2.17 -8.44%	1.45 -33.18%	1.49 2.76%	1.49 -0.27%	1.62 9.07%	1.83 12.80%	2.01 9.83%	2.23 10.93%

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

	Q3 / 22	Q4 / 22	Q1 / 23	Q2 / 23	Q3 / 23	Q4 / 23
EPS Q2Q % growth	0.33 -25.42%	0.33 -17.78%	0.39 4.82%	0.43 37.16%	0.44 35.25%	0.43 31.84%
Revenue Q2Q % growth	269.564M -70.98%	283.71M -72.79%	295.125M -82.63%	309.305M -75.11%	318.106M 18.01%	325.454M 14.71%
EBITDA Q2Q % growth	N/A	N/A	N/A	N/A	N/A	N/A
EBIT Q2Q % growth	188.87M -4.97%	205.03M -5.24%	162.61M -81.78%	199.98M -60.48%	237.35M 25.67%	205.03M

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year

7.05%

EPS Next 5 Year

8.37%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year

-0.51%

Revenue Next 5 Year

-1.61%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year

N/A

EBIT Next 5 Year

N/A

→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

NEW RESIDENTIAL INVESTMENT / NRZ Forecast FAQ

What do analysts expect the price target to be for NEW RESIDENTIAL INVESTMENT (NRZ)?

16 analysts have analysed NRZ and the average price target is 12.6 USD. This implies a price increase of 15.67% is expected in the next year compared to the current price of 10.89.

Can you provide the upcoming earnings date for NEW RESIDENTIAL INVESTMENT?

NEW RESIDENTIAL INVESTMENT (NRZ) will report earnings on 2022-10-31.

What are the consensus estimates for NEW RESIDENTIAL INVESTMENT (NRZ) next earnings?

The consensus EPS estimate for the next earnings of NEW RESIDENTIAL INVESTMENT (NRZ) is 0.33 USD and the consensus revenue estimate is 269.56M USD.

How many analysts cover NEW RESIDENTIAL INVESTMENT (NRZ) stock?

The number of analysts covering NEW RESIDENTIAL INVESTMENT (NRZ) is 16.

Analyst forecast overview

Forecast Snapshot