NYSE:CLNCColony Credit Real Estate Stock Price, Forecast & News

Colony Credit Real Estate's stock was trading at $9.14 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CLNC stock has decreased by 45.8% and is now trading at $4.95. View which stocks have been most impacted by Coronavirus.

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

Colony Credit Real Estate is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Colony Credit Real Estate.

Colony Credit Real Estate Inc (NYSE:CLNC) released its earnings results on Thursday, May, 7th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.29 by $0.20. The firm had revenue of $27.86 million for the quarter. Colony Credit Real Estate had a negative net margin of 490.65% and a positive return on equity of 0.76%. View Colony Credit Real Estate's earnings history.

Colony Credit Real Estate announced a monthly dividend on Monday, March 16th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.10 per share on Friday, April 10th. This represents a $1.20 annualized dividend and a yield of 24.24%. The ex-dividend date is Monday, March 30th. View Colony Credit Real Estate's dividend history.

2 brokers have issued twelve-month price objectives for Colony Credit Real Estate's shares. Their forecasts range from $11.00 to $16.00. On average, they expect Colony Credit Real Estate's stock price to reach $13.50 in the next year. This suggests a possible upside of 172.7% from the stock's current price. View analysts' price targets for Colony Credit Real Estate.

Headlines about CLNC stock have trended very negative recently, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Colony Credit Real Estate earned a media sentiment score of -3.5 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near term. View the latest news aboutColony Credit Real Estate.

Colony Credit Real Estate saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,730,000 shares, an increase of 26.3% from the April 30th total of 1,370,000 shares. Based on an average daily trading volume, of 961,900 shares, the short-interest ratio is currently 1.8 days. Currently, 2.1% of the company's shares are short sold. View Colony Credit Real Estate's Current Options Chain.

Some companies that are related to Colony Credit Real Estate include National Health Investors (NHI), EPR Properties (EPR), Taubman Centers (TCO), Lexington Realty Trust (LXP), Weingarten Realty Investors (WRI), Apple Hospitality REIT (APLE), Potlatchdeltic (PCH), Hannon Armstrong Sustnbl Infrstr Cap (HASI), Outfront Media (OUT), National Storage Affiliates Trust (NSA), Ryman Hospitality Properties (RHP), Easterly Government Properties (DEA), Caretrust REIT (CTRE), Pebblebrook Hotel Trust (PEB) and Washington Real Estate Investment Trust (WRE). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Colony Credit Real Estate investors own include ANNALY CAP MGMT/SH (NLY), Two Harbors Investment (TWO), EAGLE POINT CR/COM (ECC), New Residential Investment (NRZ), AGNC Investment (AGNC), Invesco Mortgage Capital (IVR), MGM Growth Properties (MGP), Macerich (MAC), Apple Hospitality REIT (APLE) and Ellington Financial (EFC).

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

Colony Credit Real Estate's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.53%), State Street Corp (1.35%), Nuveen Asset Management LLC (1.19%), Geode Capital Management LLC (0.91%), Balyasny Asset Management LLC (0.81%) and Centaurus Financial Inc. (0.60%). Company insiders that own Colony Credit Real Estate stock include Darren J Tangen, David A Palame, Kevin P Traenkle, Neale Redington and Yaniv Zion Sarig. View institutional ownership trends for Colony Credit Real Estate.

CLNC stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Centaurus Financial Inc., Cambridge Investment Research Advisors Inc., Morgan Stanley, JPMorgan Chase & Co., Acorn Financial Advisory Services Inc. ADV, Cetera Investment Advisers, and Sanctuary Wealth Management L.L.C.. View insider buying and selling activity for Colony Credit Real Estate.

CLNC stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Advisor Group Holdings Inc., Balyasny Asset Management LLC, Advisors Asset Management Inc., Invesco Ltd., Parametric Portfolio Associates LLC, Geode Capital Management LLC, and Thrivent Financial for Lutherans. Company insiders that have bought Colony Credit Real Estate stock in the last two years include Darren J Tangen, David A Palame, Kevin P Traenkle, Neale Redington, and Yaniv Zion Sarig. View insider buying and selling activity for 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.

One share of CLNC stock can currently be purchased for approximately $4.95.

Colony Credit Real Estate has a market capitalization of $636.03 million and generates $97.68 million in revenue each year. The company earns $-414,510,000.00 in net income (profit) each year or ($0.36) on an earnings per share basis.

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

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]