New Residential Investment (NRZ) Reports In-Line Q1 EPS, Revenues Beat

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Go back to New Residential Investment (NRZ) Reports In-Line Q1 EPS, Revenues Beat

New Residential Investment Corp. Announces First Quarter 2021 Results

May 5, 2021 6:30 AM EDT

NEW YORK--(BUSINESS WIRE)-- New Residential Investment Corp. (NYSE: NRZ; New Residential or the Company) today reported the following information for the first quarter ended March 31, 2021:

FIRST QUARTER 2021 FINANCIAL HIGHLIGHTS:

GAAP Net Income of $277.6 million, or $0.65 per diluted common share(1) $222.8 million Pre-Tax Income from Origination and Servicing(2) Core Earnings of $144.8 million, or $0.34 per diluted common share(1)(3) Common Dividend of $82.9 million, or $0.20 per common share(1) Book Value per common share of $11.35(1) $1.0 billion of cash as of March 31, 2021... More