Comparison To Peers: New Residential Investment Corp. (NRZ), Steel Dynamics, Inc. (STLD)

New Residential Investment Corp. (NYSE:NRZ) shares were trading lower by -0.61 percent ($-0.11) at $17.83 a piece in Sunday’s session. It had closed the previous session at $17.94. NRZ trades with a P/S ratio of 2.81. This is lower than the both industry’s 10.6 and the wider sector’s 6.05. A low price-to-sales ratio, typically less than 1.0, is considered a good value. Also, it has an estimated price-earnings (P/E) multiple of 8.49 and a trailing 12-month price-earnings (P/E) multiple of 5.77. Shares of NRZ have uptrended 7.28% in the past three months, while the S&P 500 has moved 0.71% in that time. New Residential Investment Corp. (NRZ) has a market cap of $5.51 billion and over the last 12 months, New Residential Investment Corp. (NYSE:NRZ) has gone stronger by 17.38%. During the last 52 weeks, the (NYSE:NRZ) price has been as high as $17.95 and as low as $15.03. New Residential Investment Corp. earnings have risen with an annualized rate of 227.2% over the last 5 years.

New Residential Investment Corp. (Mean Target Price: $18.18)

The average 1-year price target for New Residential Investment Corp. (NRZ) — averaging the work of different analysts — reveals a mean PT of $18.18/share. That’s a potential 1.96 increase relative to where New Residential Investment Corp. (NYSE:NRZ) has been trading recently. The current price is seen ranging between $17.81 and $18. There are brokerage firms with lower targets than the average, including one setting a price target of $16.5. And then on the other side of the spectrum one analyst entrenched in the bullish camp has a target as high as $19.25.

New Residential Investment Corp. (NRZ) Consensus Recommendation

The collective rating of 1.9 for New Residential Investment Corp. (NYSE:NRZ) also leans strongly towards the bullish end of the spectrum. Of the 8 analysts surveyed by Reuters that track NRZ 1 of them rate its stock a hold. The other 7, though not evenly; between analysts who think you should buy New Residential Investment Corp. versus those who think you should sell it. A 7 analysts rate it as either a buy or a strong buy, while0 believe that investors should either steer clear of NRZ or, if they already own its stock, sell it.

Is Steel Dynamics, Inc. (NASDAQ:STLD) Cheap From Peers?

Steel Dynamics, Inc. (STLD) knifed -0.61 percent lower and now trades for $37.49. STLD comes in with a P/S ratio of 0.98 that’s below 1, potentially implying that it could be cheap relative to the overall sector (3.13) and its peers (0.87). Also, it has an estimated price-earnings (P/E) multiple of 12.74 and a trailing 12-month price-earnings (P/E) multiple of 17.27. During the last 52 weeks, the price has been as high as $40.17 and as low as $32.15. Steel Dynamics, Inc. (NASDAQ:STLD) earnings have declined with a quarterly rate of -0.6% over the last 5 years. Shares of STLD have increased 8.2% in the past three monthswhile the S&P 500 has gained 1.57% in that time.

Steel Dynamics, Inc. (Price Objective: $40.62)

Steel Dynamics, Inc. (NASDAQ:STLD) has a market cap of $8.94 billion and over the last 12 months, STLD has risen by 4.9%. The average 1-year price target for (STLD) reveals an average price target of $40.62 per share. That’s a potential 8.35 gain from where (NASDAQ:STLD) has been trading recently. There are brokerage firms with lower targets than the average, including one setting a price target of $23. And then on the other side of the spectrum one analyst entrenched in the bullish camp has a target as high as $46.

Analyst Thoughts About Steel Dynamics, Inc. (NASDAQ:STLD)

The consensus recommendation — averaging the work of 13 analysts — of 2.1 for Steel Dynamics, Inc. (STLD) points to moderate case. Of the analysts surveyed by Reuters that track Steel Dynamics, Inc. 4 of them rate its stock a hold. The other 9 are split, though not evenly, between analysts who think you should buy its stock versus those who think you should sell it. A 9 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NASDAQ:STLD) or, if they already own its stock, sell it.

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