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Is this Large Market Cap Stock target price reasonable for New Residential Investment Corp. (NYSE:NRZ)?

The company in question is, New Residential Investment Corp. (NYSE:NRZ) currently with a stock price of 13.87 (-0.43% today). The market cap for New Residential Investment Corp. is 3509.8, and is in the sector Financial, and REIT РResidential industry. The target price for New Residential Investment Corp. is 15.65. Currently New Residential Investment Corp. is trading with a P/E of 9.5, and a forward P/E of 6.84. Average volume for New Residential Investment Corp. is 2774.73 and so far today it is 477505.

Performance in the last year for New Residential Investment Corp. has been 29.49%. For EPS growth, New Residential Investment Corp. has seen a growth of -47.60%, and is looking to grow in the next year to 1.55%. More long term stats show that EPS growth has been 36.35% over the last five years and could be -0.21% for the next five years. New Residential Investment Corp. has seen sales growth quarter over quarter at -17.50%, with EPS growth quarter over quarter at -43.10%. The 20-day simple moving average is 0.57%, with the 200-day simple moving average coming to 16.24%.

Since the IPO date for New Residential Investment Corp. on the 05/02/2013, New Residential Investment Corp. has seen performance year to date to be 27.34%. With New Residential Investment Corp. trading at 13.87, the dividend yield is 13.21%, and the EPS is 1.47.

So could New Residential Investment Corp., be undervalued? Well as said before P/E is 9.5. The PEG is *TBA, P/S is 4.11 and the P/B is at 1.14. The P/cash is 15.01, with P/free cash flow at *TBA.

New Residential Investment Corp. ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 4.6, and total debt/equity at 4.6.

In terms of margins, New Residential Investment Corp. has a gross margin of 51.90%, an operating margin of 40.50% and a profit margin of 39.60%.Payout ratio for New Residential Investment Corp. is 125.30%. Return on assets come to 2.00% with return on investment coming to 2.00%.

Insider ownership for New Residential Investment Corp., is at 0.50% and institutional ownership comes to 55.30%. Outstanding shares are at 251.96. While shares float is 248.14. The float short is currently 2.30%, and short ratio is 2.06.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Stephen Butters

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