` 0K76 (New Residential Investment Corp) vs S&P 500 Comparison - Alpha Spread

0K76
vs
S&P 500

Over the past 12 months, 0K76 has underperformed S&P 500, delivering a return of 4% compared to the S&P 500's 12% growth.

Stocks Performance
0K76 vs S&P 500

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0K76
S&P 500
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Performance Gap
0K76 vs S&P 500

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0K76
S&P 500
Difference

Performance By Year
0K76 vs S&P 500

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0K76
S&P 500
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Competitors Performance
New Residential Investment Corp vs Peers

S&P 500
0K76
NLY
AGNC
STWD
RITM
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New Residential Investment Corp
Glance View

Economic Moat
None
Market Cap
483.9B USD
Industry
Real Estate

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
0.4891 USD
Overvaluation 96%
Intrinsic Value
Price
N
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