This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Newcastle Investment Corporation (NCT): Today's Featured Financial Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Newcastle Investment Corporation ( NCT) pushed the Financial sector higher today making it today's featured financial winner. The sector as a whole closed the day down 0.6%. By the end of trading, Newcastle Investment Corporation rose $0.17 (3.3%) to $5.27 on average volume. Throughout the day, 10,034,190 shares of Newcastle Investment Corporation exchanged hands as compared to its average daily volume of 10,378,300 shares. The stock ranged in a price between $5.21-$5.46 after having opened the day at $5.29 as compared to the previous trading day's close of $5.10. Other companies within the Financial sector that increased today were: Institutional Financial Markets ( IFMI), up 16.7%, ZipRealty ( ZIPR), up 8.3%, Orix Corporation ( IX), up 7.4% and Mizuho Financial Group ( MFG), up 7.3%.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Newcastle Investment Corp. operates as a real estate investment and finance company in the United States. Newcastle Investment Corporation has a market cap of $1.3 billion and is part of the real estate industry. The company has a P/E ratio of 2.1, below the S&P 500 P/E ratio of 17.7. Shares are down 41.7% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Newcastle Investment Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Newcastle Investment Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, unimpressive growth in net income and a generally disappointing performance in the stock itself.

On the negative front, Life Partners Holdings ( LPHI), down 19.1%, Vestin Realty Mortgage II ( VRTB), down 10.3%, Ryman Hospitality Properties ( RHP), down 8.1% and American Spectrum Realty ( AQQ), down 6.7% , were all laggards within the financial sector with HCP ( HCP) being today's financial sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
Submit an article to us!
DOW 17,831.49 +21.43 0.12%
S&P 500 2,067.84 +4.34 0.21%
NASDAQ 4,738.1840 +25.2140 0.54%

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs