New Residential Investment (NRZ) Remains a Favorite of FBR Capital Post 4Q Report; Reiterates Outperform
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New Residential Announces Fourth Quarter & Full Year 2015 Results
February 24, 2016 6:56 AM ESTNEW YORK--(BUSINESS WIRE)-- New Residential Investment Corp. (NYSE:NRZ; New Residential or the Company) today reported the following information for the fourth quarter and full year ended December 31, 2015:
FOURTH QUARTER FINANCIAL HIGHLIGHTS:
Core Earnings of $120 million, or $0.52 per diluted share* GAAP Net Income of $103 million, or $0.45 per diluted share Common dividend of $106 million, or $0.46 per shareFULL YEAR 2015 FINANCIAL HIGHLIGHTS:
Core Earnings of $389 million, or $1.92 per diluted share* GAAP Net Income of $269 million, or $1.32 per diluted share Common dividend of $355 million, or $1.75 per share Increased quarterly common dividend in Q2 2015 and Q3 2015 Â Â Â Â ... More