$11.15
1.55%
NYSE, Mon, Nov 25 2024
ISIN
US64828T2015
Symbol
NRZ
Sector
Industry

New Residential Investment Corp. Target price 2024 - Analyst rating & recommendation

New Residential Investment Corp. Classifications & Recommendation:

Buy
91%
Hold
9%

New Residential Investment Corp. Price Target

Target Price $13.06
Price $11.15
Potential
Number of Estimates 9
9 Analysts have issued a price target New Residential Investment Corp. 2025 . The average New Residential Investment Corp. target price is $13.06. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 11 analysts: 10 Analysts recommend New Residential Investment Corp. to buy, 1 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the New Residential Investment Corp. stock has an average upside potential 2025 of . Most analysts recommend the New Residential Investment Corp. stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 3.76 4.35
85.08% 15.65%
Net Margin 15.22% 18.95%
66.98% 24.53%

6 Analysts have issued a sales forecast New Residential Investment Corp. 2024 . The average New Residential Investment Corp. sales estimate is

$4.3b
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. This is
13.68% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$4.5b 10.52%
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, the lowest is
$4.2b 17.20%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $3.8b 85.08%
2024
$4.3b 15.65%
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2025
$5.0b 15.68%
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2026
$5.2b 3.05%
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7 New Residential Investment Corp. Analysts have issued a net profit forecast 2024. The average New Residential Investment Corp. net profit estimate is

$823m
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. This is
60.03% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$936m 81.82%
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, the lowest is
$743m 44.44%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $572m 38.89%
2024
$823m 44.03%
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2025
$814m 1.17%
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2026
$887m 9.00%
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Net Margin

2023 15.22% 66.98%
2024
18.95% 24.53%
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2025
16.19% 14.56%
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2026
17.13% 5.81%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 1.10 1.58
38.89% 43.64%
P/E 7.04
EV/Sales 8.60

7 Analysts have issued a New Residential Investment Corp. forecast for earnings per share. The average New Residential Investment Corp. <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$1.58
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. This is
59.60% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$1.80 81.82%
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, the lowest is
$1.43 44.44%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $1.10 38.89%
2024
$1.58 43.64%
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2025
$1.57 0.63%
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2026
$1.71 8.92%
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P/E ratio

Current 11.30 61.20%
2024
7.04 37.70%
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2025
7.12 1.14%
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2026
6.53 8.29%
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Based on analysts' sales estimates for 2024, the New Residential Investment Corp. stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 7.43 34.36%
2024
8.60 15.81%
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2025
7.44 13.55%
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2026
7.22 2.96%
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P/S ratio

Current 1.15 37.32%
2024
1.33 15.85%
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2025
1.15 13.56%
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2026
1.12 2.96%
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