NYSE:CLNC - Colony Credit Real Estate Stock Price, News, & Analysis

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$15.65 +0.07 (+0.45 %)
(As of 03/26/2019 09:06 AM ET)
Previous Close$15.58
Today's Range$15.33 - $15.82
52-Week Range$15.32 - $23.23
Volume234,452 shs
Average Volume369,403 shs
Market Capitalization$2.00 billion
P/E Ratio22.36
Dividend Yield11.17%
BetaN/A
Colony Credit Real Estate, Inc. operates as a commercial real estate (CRE) credit real estate investment trust in the United States. It focuses on originating, acquiring, financing, and managing a portfolio of CRE senior mortgage loans, mezzanine loans, preferred equity, debt securities, and net leased properties. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Colony NorthStar Credit Real Estate, Inc. and changed its name to Colony Credit Real Estate, Inc. in June 2018. Colony Credit Real Estate, Inc. was founded in 2017 and is based in Los Angeles, California.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
CIKN/A
Phone310-282-8820

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$333.64 million
Cash Flow$1.3764 per share
Book Value$22.42 per share

Profitability

Net Income$-168,500,000.00

Miscellaneous

EmployeesN/A
Market Cap$2.00 billion
Next Earnings Date5/14/2019 (Estimated)
OptionableNot Optionable

Colony Credit Real Estate (NYSE:CLNC) Frequently Asked Questions

What is Colony Credit Real Estate's stock symbol?

Colony Credit Real Estate trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLNC."

How often does Colony Credit Real Estate pay dividends? What is the dividend yield for Colony Credit Real Estate?

Colony Credit Real Estate announced a monthly dividend on Monday, March 18th. Stockholders of record on Friday, March 29th will be given a dividend of $0.145 per share on Wednesday, April 10th. This represents a $1.74 dividend on an annualized basis and a dividend yield of 11.12%. The ex-dividend date of this dividend is Thursday, March 28th. View Colony Credit Real Estate's Dividend History.

How were Colony Credit Real Estate's earnings last quarter?

Colony Credit Real Estate Inc (NYSE:CLNC) released its quarterly earnings data on Tuesday, August, 7th. The company reported $0.31 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by $0.10. The firm earned $30.13 million during the quarter, compared to the consensus estimate of $135.80 million. Colony Credit Real Estate had a positive return on equity of 2.81% and a negative net margin of 90.89%. View Colony Credit Real Estate's Earnings History.

When is Colony Credit Real Estate's next earnings date?

Colony Credit Real Estate is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for Colony Credit Real Estate.

What price target have analysts set for CLNC?

1 Wall Street analysts have issued 12 month price targets for Colony Credit Real Estate's shares. Their forecasts range from $21.00 to $21.00. On average, they expect Colony Credit Real Estate's stock price to reach $21.00 in the next twelve months. This suggests a possible upside of 34.2% from the stock's current price. View Analyst Price Targets for Colony Credit Real Estate.

What is the consensus analysts' recommendation for Colony Credit Real Estate?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Colony Credit Real Estate in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Colony Credit Real Estate.

Has Colony Credit Real Estate been receiving favorable news coverage?

News articles about CLNC stock have trended somewhat negative on Tuesday, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Colony Credit Real Estate earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near term.

Are investors shorting Colony Credit Real Estate?

Colony Credit Real Estate saw a increase in short interest in the month of February. As of February 28th, there was short interest totalling 2,226,110 shares, an increase of 65.0% from the February 15th total of 1,349,294 shares. Based on an average daily volume of 250,169 shares, the short-interest ratio is presently 8.9 days. Currently, 5.8% of the shares of the stock are sold short. View Colony Credit Real Estate's Current Options Chain.

Who are some of Colony Credit Real Estate's key competitors?

What other stocks do shareholders of Colony Credit Real Estate own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Colony Credit Real Estate investors own include EAGLE POINT CR/COM (ECC), ANNALY CAP MGMT/SH (NLY), Colony Capital (CLNY), Dynagas LNG Partners (DLNG), Prospect Capital (PSEC), Exantas Capital (XAN), Centurylink (CTL), Capitala Finance (CPTA), Ship Finance International (SFL) and Orchid Island Capital (ORC).

Who are Colony Credit Real Estate's key executives?

Colony Credit Real Estate's management team includes the folowing people:
  • Mr. Kevin P. Traenkle, CEO, Pres & Director (Age 49)
  • Mr. Neale W. Redington, CFO & Treasurer (Age 52)
  • Mr. Frank V. Saracino CPA, Chief Accounting Officer (Age 52)
  • Mr. David A. Palamé, Gen. Counsel & Sec. (Age 42)
  • Mr. Daniel Katz, Managing Director

Who are Colony Credit Real Estate's major shareholders?

Colony Credit Real Estate's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.41%), FMR LLC (1.07%), Advisor Group Inc. (0.80%), Northern Trust Corp (0.78%), Geode Capital Management LLC (0.71%) and Geode Capital Management LLC (0.71%).

Which major investors are selling Colony Credit Real Estate stock?

CLNC stock was sold by a variety of institutional investors in the last quarter, including Advisor Group Inc., Cambridge Investment Research Advisors Inc., LPL Financial LLC, Patriot Financial Group Insurance Agency LLC, Barclays PLC, AdvisorNet Financial Inc, MetLife Investment Advisors LLC and Smart Money Group LLC.

Which major investors are buying Colony Credit Real Estate stock?

CLNC stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, California Public Employees Retirement System, Kalos Management Inc., Van ECK Associates Corp, Paradigm Financial Partners LLC, Dfpg Investments Inc. and Geode Capital Management LLC.

How do I buy shares of Colony Credit Real Estate?

Shares of CLNC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Colony Credit Real Estate's stock price today?

One share of CLNC stock can currently be purchased for approximately $15.65.

How big of a company is Colony Credit Real Estate?

Colony Credit Real Estate has a market capitalization of $2.00 billion and generates $333.64 million in revenue each year. The company earns $-168,500,000.00 in net income (profit) each year or $0.70 on an earnings per share basis.

What is Colony Credit Real Estate's official website?

The official website for Colony Credit Real Estate is http://www.clncredit.com.

How can I contact Colony Credit Real Estate?

Colony Credit Real Estate's mailing address is 515 SOUTH FLOWER STREET 44TH FLOOR, LOS ANGELES CA, 90071. The company can be reached via phone at 310-282-8820 or via email at [email protected]


MarketBeat Community Rating for Colony Credit Real Estate (NYSE CLNC)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  83 (Vote Outperform)
Underperform Votes:  89 (Vote Underperform)
Total Votes:  172
MarketBeat's community ratings are surveys of what our community members think about Colony Credit Real Estate and other stocks. Vote "Outperform" if you believe CLNC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CLNC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/26/2019 by MarketBeat.com Staff

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