N

New Residential Investment Corp
LSE:0K76

Watchlist Manager
New Residential Investment Corp
LSE:0K76
Watchlist
Price: 10.9288 USD 0.91% Market Closed
Market Cap: 454.8B USD
Have any thoughts about
New Residential Investment Corp?
Write Note

New Residential Investment Corp
Pre-Tax Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

New Residential Investment Corp
Pre-Tax Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Pre-Tax Income CAGR 3Y CAGR 5Y CAGR 10Y
N
New Residential Investment Corp
LSE:0K76
Pre-Tax Income
$678.9m
CAGR 3-Years
-9%
CAGR 5-Years
15%
CAGR 10-Years
3%
Starwood Property Trust Inc
NYSE:STWD
Pre-Tax Income
$440.2m
CAGR 3-Years
-6%
CAGR 5-Years
-1%
CAGR 10-Years
-2%
Hannon Armstrong Sustainable Infrastructure Capital Inc
NYSE:HASI
Pre-Tax Income
$480.4m
CAGR 3-Years
71%
CAGR 5-Years
61%
CAGR 10-Years
107%
Annaly Capital Management Inc
NYSE:NLY
Pre-Tax Income
$154m
CAGR 3-Years
-62%
CAGR 5-Years
N/A
CAGR 10-Years
-16%
AGNC Investment Corp
NASDAQ:AGNC
Pre-Tax Income
$1.2B
CAGR 3-Years
-9%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Rithm Capital Corp
NYSE:RITM
Pre-Tax Income
$678.9m
CAGR 3-Years
-9%
CAGR 5-Years
15%
CAGR 10-Years
3%
No Stocks Found

New Residential Investment Corp
Glance View

Market Cap
454.8B USD
Industry
Real Estate
Economic Moat
None

New Residential Investment Corp., established in 2011 and headquartered in New York City, has carved a niche in the real estate investment trust (REIT) sector. The company primarily focuses on investing in, and managing, residential real estate-related assets. These include mortgage servicing rights (MSRs), residential mortgage-backed securities (RMBS), and other mortgages and loans. Essentially, New Residential acts as a sophisticated overseer of mortgage-related products, capitalizing on the roaring waves of the real estate market. The core of its business is to acquire MSRs, which are fee-generating assets derived from servicing pools of residential mortgages. With its strategic positioning, New Residential thrives on the incremental cash flows generated through these MSRs, accentuating its competitive edge in a volatile market. Moreover, New Residential Investment Corp. extends its ambit beyond just fee revenues. By leveraging its deep expertise in the real estate market, the company prudently invests in non-performing loans (NPLs) and seasoned loans, seeking significant returns by finding value where others may not. This venture into high-yield real estate assets allows the firm to cushion the cyclic nature of the housing market. Additionally, the strategic management of RMBS adds a layer of stable income and infiltrates the diverse financial ecosystem of the company. The key to its success lies in the art of balance — between capital preservation through secure investments like MSRs and higher yield opportunities such as NPLs and RMBS — allowing New Residential to capitalize on fluctuating market dynamics while ensuring substantial returns for its stakeholders.

0K76 Intrinsic Value
0.2684 USD
Overvaluation 98%
Intrinsic Value
Price
N

See Also

What is New Residential Investment Corp's Pre-Tax Income?
Pre-Tax Income
678.9m USD

Based on the financial report for Sep 30, 2024, New Residential Investment Corp's Pre-Tax Income amounts to 678.9m USD.

What is New Residential Investment Corp's Pre-Tax Income growth rate?
Pre-Tax Income CAGR 10Y
3%

Over the last year, the Pre-Tax Income growth was -23%. The average annual Pre-Tax Income growth rates for New Residential Investment Corp have been -9% over the past three years , 15% over the past five years , and 3% over the past ten years .

Back to Top