$10.48
1.04%
NYSE, Fri, Nov 01 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 $10.48
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 4.54
85.08% 20.91%
Net Margin 15.22% 18.45%
66.98% 21.25%

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

$4.5b
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. This is
1.34% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$4.9b 9.39%
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, the lowest is
$4.2b 7.02%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $3.8b 85.08%
2024
$4.5b 20.91%
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2025
$4.9b 7.04%
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2026
$5.0b 3.23%
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8 New Residential Investment Corp. Analysts have issued a net profit forecast 2024. The average New Residential Investment Corp. net profit estimate is

$838m
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. This is
62.88% 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
$838m 46.59%
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2025
$808m 3.64%
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2026
$887m 9.84%
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Net Margin

2023 15.22% 66.98%
2024
18.45% 21.25%
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2025
16.61% 9.97%
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2026
17.67% 6.38%
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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 1.61
38.89% 46.36%
P/E 6.50
EV/Sales 8.12

8 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

$1.61
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. This is
62.63% 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
$1.61 46.36%
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2025
$1.55 3.73%
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2026
$1.71 10.32%
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P/E ratio

Current 10.57 68.04%
2024
6.50 38.51%
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2025
6.74 3.69%
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2026
6.14 8.90%
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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 8.23 26.06%
2024
8.12 1.38%
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2025
7.58 6.58%
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2026
7.35 3.13%
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P/S ratio

Current 1.22 26.33%
2024
1.20 1.32%
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2025
1.12 6.58%
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2026
1.09 3.12%
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