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Maintain OP $13 PT RBC.... 1Q22 review; Updating our estimates Our view: We are updating our EPS estimates post 1Q results. Industry overcapacity remains a headwind for NRZ's mortgage origination biz but mgmt focused on cost saves. That said, NRZ's BVPS could see pot'l benefit from rising rates. As well, we favor NRZ's ability to allocate capital across strategies and differentiated ability to originate assets. Maintain Outperform rating and $13 PT. |
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| Msg # | Subject | Author | Recs | Date Posted |
| 5177 | Re: Maintain OP $13 PT | kowman | 0 | 6/10/2022 7:56:38 PM |
