New Residential Announces Public Offering of Common Stock

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New Residential Investment (NRZ) Added to FBR Top Picks List; PT to $18

April 8, 2015 7:19 AM EDT

FBR Capital analyst Paul Miller bumped his price target on Outperform-rated New Residential Investment (NYSE: NRZ) to $18.00 (from $17.00) and added the stock to the FBR Top Picks list.

Miller commented, "We reiterate our Outperform rating and raise our price target to $18 from $17 on shares of New Residential Investment Corp. (NRZ) following the company's acquisition... More

New Residential Investment (NRZ) Announces 40M Common Offering

April 6, 2015 5:08 PM EDT

New Residential Investment (NYSE: NRZ) announced the commencement of a public offering of 40,000,000 shares of its common stock, subject to market conditions. Of the total shares being offered, 28,286,980 shares are being offered by Home Loan Servicing Solutions, Ltd. (the Selling Stockholder) and the remainder... More