New Residential Investment Corp. reported a GAAP Net Income of $211.8 million, or $0.51 per diluted common share, and Core Earnings of $255.4 million, or $0.61 per diluted common share for the fourth quarter of 2019. The company's full mortgage platform delivered strong results, with a focus on strategically growing the platform and delivering stable returns to shareholders.
GAAP Net Income was $211.8 million, or $0.51 per diluted common share.
Core Earnings reached $255.4 million, or $0.61 per diluted common share.
A common dividend of $207.8 million, or $0.50 per common share, was declared.
The book value per common share was $16.21.
Company is excited about positioning and continue to be focused on executing on key business initiatives.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance