Log in

Colony Credit Real Estate Stock Price, Forecast & Analysis (NYSE:CLNC)

$12.00
+0.71 (+6.29 %)
(As of 11/13/2019 06:00 AM ET)
Today's Range
$11.45
Now: $12.00
$12.38
50-Day Range
$11.75
MA: $14.01
$14.62
52-Week Range
$11.18
Now: $12.00
$19.75
Volume2.54 million shs
Average Volume314,958 shs
Market Capitalization$1.54 billion
P/E Ratio17.14
Dividend Yield15.41%
Beta0.63
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 headquartered in Los Angeles, California.

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$115.54 million
Cash Flow$1.40 per share
Book Value$22.42 per share

Profitability

Net Income$-168,500,000.00
Net Margins-592.52%

Miscellaneous

EmployeesN/A
Market Cap$1.54 billion
Next Earnings Date2/27/2020 (Estimated)
OptionableNot Optionable

Receive CLNC News and Ratings via Email

Sign-up to receive the latest news and ratings for CLNC and its competitors with MarketBeat's FREE daily newsletter.


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 declared a monthly dividend on Thursday, November 7th. Investors of record on Saturday, November 30th will be given a dividend of $0.10 per share on Tuesday, December 10th. This represents a $1.20 annualized dividend and a yield of 10.00%. The ex-dividend date of this dividend is Wednesday, November 27th. 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) issued its quarterly earnings data on Tuesday, August, 7th. The company reported $0.31 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.41 by $0.10. The business earned $30.13 million during the quarter, compared to analysts' expectations of $135.80 million. Colony Credit Real Estate had a negative net margin of 592.52% and a negative return on equity of 2.44%. 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 Thursday, February 27th 2020. View Earnings Estimates for Colony Credit Real Estate.

What price target have analysts set for CLNC?

2 analysts have issued 1-year price objectives for Colony Credit Real Estate's stock. Their forecasts range from $18.00 to $19.00. On average, they expect Colony Credit Real Estate's stock price to reach $18.50 in the next year. This suggests a possible upside of 54.2% 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?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Colony Credit Real Estate in the last year. There are currently 2 buy ratings 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 been trending very negative on Wednesday, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Colony Credit Real Estate earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned headlines 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. View News Stories for Colony Credit Real Estate.

Are investors shorting Colony Credit Real Estate?

Colony Credit Real Estate saw a decrease in short interest in October. As of October 31st, there was short interest totalling 1,100,000 shares, a decrease of 11.3% from the September 30th total of 1,240,000 shares. Based on an average daily volume of 338,000 shares, the days-to-cover ratio is currently 3.3 days. Approximately 1.3% of the shares of the company 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?

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. David A. Palamé, Gen. Counsel & Sec. (Age 42)
  • Mr. Frank V. Saracino CPA, Chief Accounting Officer (Age 52)
  • 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 Sanctuary Wealth Management L.L.C. (0.17%), Cetera Advisor Networks LLC (0.14%), Commonwealth Equity Services LLC (0.13%), California Public Employees Retirement System (0.12%), Cetera Investment Advisers (0.11%) and Patriot Financial Group Insurance Agency LLC (0.10%).

Which institutional investors are selling Colony Credit Real Estate stock?

CLNC stock was sold by a variety of institutional investors in the last quarter, including Patriot Financial Group Insurance Agency LLC, Cetera Advisors LLC, Cetera Advisor Networks LLC, Commonwealth Equity Services LLC, First Allied Advisory Services Inc., AE Wealth Management LLC, Sanctuary Wealth Management L.L.C. and Sound Income Strategies LLC.

Which institutional investors are buying Colony Credit Real Estate stock?

CLNC stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., AdvisorNet Financial Inc, California Public Employees Retirement System, George Zachary, Bradley Foster & Sargent Inc. CT, Rhumbline Advisers, Nisa Investment Advisors LLC and Dfpg Investments Inc..

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, Robinhood, 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 $12.00.

How big of a company is Colony Credit Real Estate?

Colony Credit Real Estate has a market capitalization of $1.54 billion and generates $115.54 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. View Additional Information About Colony Credit Real Estate.

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:  2.5 out of 5 (star star half star)
Outperform Votes:  137 (Vote Outperform)
Underperform Votes:  136 (Vote Underperform)
Total Votes:  273
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 11/13/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel