FMP
May 19, 2022 4:15 PM - Davit Kirakosyan
RBC Capital analysts shared their views on New Residential Investment Corp. (NYSE:NRZ) post the company’s Q1 earnings results, reported at the start of the month. Q1 EPS came in at $0.37, above the Street estimate of $0.35.
The analysts updated their estimates, with their 2022 core EPS estimate now moving to $1.55 from $1.67, and their 2023 core EPS estimate to $1.68 from $2.07.
According to the analysts, industry overcapacity remains a headwind for the company's mortgage origination business but management is focused on cost savings. That said, the company's BVPS could see potential benefits from rising rates. As well, the analysts favor the company's ability to allocate capital across strategies and differentiated ability to originate assets. The analysts reiterated their Outperform rating and $13 price target on the company’s shares.
Sep 11, 2023 - Rajnish Katharotiya
During this post we are going to perform an industry analysis with Python. We will build, analyse and compare all stocks operating within an industry. To do so, we will pick an industry and get all important financial metrics for companies operating in that industry. Then, we will use a couple of fi...
Sep 11, 2023 - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 - Rajnish Katharotiya
Would you like to know how your portfolio is performing and how much risk you are taking? In this post, you will learn how to measure portfolio risk and calculate portfolio returns using Python. We will see step by step how to calculate the risk and returns of a portfolio containing four stocks Appl...