Michael Nierenberg - New Residential Chairman of the Board and Presidentident, CEO
| 14N1 Stock | EUR 10.06 0.02 0.20% |
Chairman
Mr. Michael Nierenberg is Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Nierenberg is also a Managing Director at Fortress. Prior to becoming Chief Executive Officer of New Residential, Mr. Nierenberg served as managing director and head of Global Mortgages and Securitized Products at Bank of America Merrill Lynch, with responsibility for all sales and trading activities within the division. Mr. Nierenberg joined Bank of America Merrill Lynch in November 2008 from JP Morgan, where he was head of Global Securitized Products and a member of the management committee of the investment bank. Prior to his tenure at JP Morgan, Mr. Nierenberg held a range of senior leadership positions during fourteen years with Bear Stearns, including head of interest rate and foreign exchange trading operations, cohead of structured products and cohead of mortgagebacked securities trading. From 2006 to 2008, he was a member of Bear Stearnss Board of Directors. Mr. Nierenberg spent seven years at Lehman Brothers prior to joining Bear Stearns and was instrumental in building the companys adjustable rate mortgage business. since 2016.
| Age | 60 |
| Tenure | 8 years |
| Phone | 212 850 7770 |
| Web | https://www.rithmcap.com |
Michael Nierenberg Latest Insider Activity
Tracking and analyzing the buying and selling activities of Michael Nierenberg against New Residential stock is an integral part of due diligence when investing in New Residential. Michael Nierenberg insider activity provides valuable insight into whether New Residential is net buyers or sellers over its current business cycle. Note, New Residential insiders must abide by specific rules, including filing SEC forms every time they buy or sell New Residential'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Michael Nierenberg over three months ago Acquisition by Michael Nierenberg of 120000 shares of Rithm Capital at 16.37 subject to Rule 16b-3 |
New Residential Management Efficiency
The company has return on total asset (ROA) of 0.0272 % which means that it generated a profit of $0.0272 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1438 %, meaning that it generated $0.1438 on every $100 dollars invested by stockholders. New Residential's management efficiency ratios could be used to measure how well New Residential manages its routine affairs as well as how well it operates its assets and liabilities.Management Performance
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0272 |
New Residential Inve Leadership Team
Elected by the shareholders, the New Residential's board of directors comprises two types of representatives: New Residential inside directors who are chosen from within the company, and outside directors, selected externally and held independent of New. The board's role is to monitor New Residential's management team and ensure that shareholders' interests are well served. New Residential's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, New Residential's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Charles Sorrentino, Managing Director | ||
| BoHee Yoon, Sec | ||
| Michael Nierenberg, Chairman of the Board and Presidentident, CEO | ||
| Varun Wadhawan, Managing Director | ||
| Sanjeev Khanna, Managing Director | ||
| CFA CFA, Chief Officer | ||
| Nicola Santoro, CFO, Treasurer | ||
| Cameron Esq, Sec |
New Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is New Residential a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0272 | |||
| Profit Margin | 0.25 % | |||
| Operating Margin | 0.44 % | |||
| Current Valuation | 33.56 B | |||
| Shares Outstanding | 473.73 M | |||
| Shares Owned By Insiders | 0.69 % | |||
| Shares Owned By Institutions | 48.35 % | |||
| Price To Earning | 3.35 X | |||
| Price To Book | 0.73 X |
Currently Active Assets on Macroaxis
Other Information on Investing in New Stock
New Residential financial ratios help investors to determine whether New Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in New with respect to the benefits of owning New Residential security.