A Leading Provider of Capital and Services to the Mortgage and Financial Services Industry

New Residential (NYSE: NRZ) is a leading provider of capital and services to the mortgage and financial services industries. With approximately $45 billion in assets as of December 31, 2019, New Residential has built a diversified, hard-to-replicate portfolio with high-quality investment strategies that have generated returns across different interest rate environments. Since inception in 2013, we have generated over ~140% in total shareholder return, distributing approximately $3.3 billion in common and preferred dividends to shareholders.

Latest Presentation

Feb 6, 2020

Recent Event

Mar 13, 2020 • 8:30 am EDT

Latest Financial Results

$211.8M

GAAP Net Income of $211.8 million, or $0.51 per diluted common share

$207.8M

Common Dividend of $207.8 million, or $0.50 per common share(1)

$16.21

Book Value per common share of $16.21(1)

For complete information regarding our financials, see our periodic filings

Latest Annual Report

2019 10-K

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Stock Information

A Leading Provider of Capital and Services to the Mortgage and Financial Services Industry

New Residential (NYSE: NRZ) is a leading provider of capital and services to the mortgage and financial services industries. With approximately $45 billion in assets as of December 31, 2019, New Residential has built a diversified, hard-to-replicate portfolio with high-quality investment strategies that have generated returns across different interest rate environments. New Residential’s investment portfolio includes mortgage servicing-related assets, non-agency securities (and associated call rights), residential loans and other related opportunistic investments. Since inception in 2013, New Residential has a proven track record of performance, growing and protecting the value of its assets while generating attractive risk-adjusted returns and distributing approximately $3.3 billion in common and preferred dividends to shareholders. Following the acquisition of Shellpoint Partners LLC (“Shellpoint”) in 2018, New Residential also benefits from Shellpoint’s origination and servicing platform, as well as a suite of ancillary businesses, including title insurance, appraisal management, real estate brokerage, property insurance, property management and other real estate services. New Residential is organized and conducts its operations to qualify as a real estate investment trust (“REIT”) for federal income tax purposes. New Residential is managed by an affiliate of Fortress Investment Group LLC, a global investment management firm, and headquartered in New York City.

New Residential at a Glance

~$6.7bn

Market Cap

170%

Total Shareholder Return Since Inception

12.4%

Indicative Dividend Yield

~$3.3bn

Total Dividends to Shareholders Since Inception

$44.9bn

Total Assets

65%

Book Value Growth Since Inception

As of December 31, 2019

Key Financial Metrics

Dividends Since Inception1

($mm)

Total Shareholder Return Since Inception1
GAAP Net Income

(In millions)

GAAP EPS2
Book Value per Share2
Core Earnings3

(In millions)

Core EPS2,3
Dividend per Share2

As of September 30, 2019

A Differentiated Portfolio

Our diversified portfolio of investments delivers a strong track record of performance year over year, allowing us to drive robust and sustainable risk-adjusted returns.

View Portfolio

Contacts

Company

New Residential Investment Corp.
1345 Avenue of the Americas
45th Floor
New York, NY 10105
T: (212) 479-3150
ir@newresi.com

Investor Relations

New Residential Investment Corp.
Attn: Investor Relations
1345 Avenue of the Americas
45th Floor
New York, NY 10105
T: 212-479-3150
ir@newresi.com

Transfer Agent

American Stock Transfer & Trust Company, LLC
6201 15th Avenue
Brooklyn, NY 11219
T: (800) 937-5449
www.amstock.com

Note: Market data is as of December 31, 2019 and per Bloomberg. Financial data is as of December 31, 2019 and per company filings.

1. Inception is considered May 2, 2013 when New Residential spun out of Newcastle Investment Corp.

2. Per common share calculations of GAAP Net Income and Core Earnings are based on 408,990,107 average diluted shares during the full year ended December 31, 2019; 343,137,361 average diluted shares during the full year ended December 31, 2018; 415,673,185 weighted average diluted shares during the quarter ended December 31, 2019; and 415,588,238 weighted average diluted shares during the quarter ended September 30, 2019. Per share calculations of Common Dividend are based on 415,520,780 basic shares outstanding as of December 31, 2019 and September 30, 2019; 415,429,677 basic shares outstanding as of June 30, 2019; 369,104,429 basic shares outstanding as of March 31, 2019; 369,104,429 basic shares outstanding as of December 31, 2018; 340,354,429 basic shares outstanding as of September 30, 2018; 339,862,769 basic shares outstanding as of June 30, 2018; and 336,135,391 basic shares outstanding as of March 31, 2018. Per common share calculations for Book Value are based on 415,520,780 basic common shares outstanding as of December 31, 2019.

3. Core Earnings is a non-GAAP measure. For a reconciliation of Core Earnings to GAAP Net Income, as well as an explanation of this measure, please refer to Non-GAAP Measures and Reconciliation to GAAP Net Income in Earnings Releases.