NYSE:CLNC

Colony Credit Real Estate Stock Forecast, Price & News

$9.88
-0.19 (-1.89 %)
(As of 06/18/2021 12:00 AM ET)
Add
Compare
Today's Range
$9.65
$10.01
50-Day Range
$8.25
$10.51
52-Week Range
$4.37
$10.68
Volume753,439 shs
Average Volume398,411 shs
Market Capitalization$1.28 billion
P/E RatioN/A
Dividend Yield3.97%
Beta1.77
30 days | 90 days | 365 days | Advanced Chart
Receive CLNC News and Ratings via Email

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


Colony Credit Real Estate logo

About Colony Credit Real Estate

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.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.08 out of 5 stars

Finance Sector

162nd out of 1,969 stocks

Real Estate Investment Trusts Industry

33rd out of 275 stocks

Analyst Opinion: 2.2Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











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

Is Colony Credit Real Estate a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Colony Credit Real Estate in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Colony Credit Real Estate stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CLNC, but not buy additional shares or sell existing shares.
View analyst ratings for Colony Credit Real Estate
or view top-rated stocks.

What stocks does MarketBeat like better than Colony Credit Real Estate?

Wall Street analysts have given Colony Credit Real Estate a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Colony Credit Real Estate wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Colony Credit Real Estate?

Colony Credit Real Estate saw a increase in short interest in the month of May. As of May 28th, there was short interest totaling 831,500 shares, an increase of 18.4% from the May 13th total of 702,000 shares. Based on an average daily trading volume, of 357,100 shares, the short-interest ratio is presently 2.3 days. Approximately 1.0% of the company's shares are sold short.
View Colony Credit Real Estate's Short Interest
.

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

Colony Credit Real Estate is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Colony Credit Real Estate
.

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

Colony Credit Real Estate, Inc. (NYSE:CLNC) announced its earnings results on Tuesday, February, 23rd. The company reported ($0.20) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.15 by $0.35. Colony Credit Real Estate had a negative net margin of 333.91% and a positive trailing twelve-month return on equity of 5.33%.
View Colony Credit Real Estate's earnings history
.

How has Colony Credit Real Estate's stock price been impacted by COVID-19 (Coronavirus)?

Colony Credit Real Estate's stock was trading at $9.14 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CLNC stock has increased by 8.1% and is now trading at $9.88.
View which stocks have been most impacted by COVID-19
.

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 quarterly dividend on Wednesday, May 5th. Investors of record on Wednesday, June 30th will be paid a dividend of $0.14 per share on Thursday, July 15th. This represents a $0.56 dividend on an annualized basis and a yield of 5.67%. The ex-dividend date of this dividend is Tuesday, June 29th. This is a boost from Colony Credit Real Estate's previous quarterly dividend of $0.10.
View Colony Credit Real Estate's dividend history
.

Is Colony Credit Real Estate a good dividend stock?

Colony Credit Real Estate pays an annual dividend of $0.40 per share and currently has a dividend yield of 3.97%. CLNC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Colony Credit Real Estate does not yet have a strong track record of dividend growth. The dividend payout ratio of Colony Credit Real Estate is 50.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Colony Credit Real Estate will have a dividend payout ratio of 45.45% next year. This indicates that Colony Credit Real Estate will be able to sustain or increase its dividend.
View Colony Credit Real Estate's dividend history.

What price target have analysts set for CLNC?

3 brokers have issued 12 month price targets for Colony Credit Real Estate's shares. Their forecasts range from $12.00 to $12.00. On average, they expect Colony Credit Real Estate's stock price to reach $12.00 in the next year. This suggests a possible upside of 21.5% from the stock's current price.
View analysts' price targets for Colony Credit Real Estate
or view top-rated stocks among Wall Street analysts.

Who are Colony Credit Real Estate's key executives?

Colony Credit Real Estate's management team includes the following people:
  • Mr. Michael Joseph Mazzei, CEO, Pres & Director (Age 60)
  • Mr. Andrew Elmore Witt, COO & Director (Age 43)
  • Mr. David A. Palame, Gen. Counsel & Sec. of CLNC Mang., LLC (Age 44)
  • Mr. Frank V. Saracino CPA, CFO, Treasurer & Chief Accounting Officer of CLNC Mang., LLC (Age 54)
  • Mr. Daniel E. Katz, MD & Head of Originations for Investment Management
  • Mr. Kevin Swartz, Managing Director of Investment Management
  • Mr. George H. Kok, Chief Credit Officer
  • Mr. Brad Nichol, MD & Head of Asset Management for Portfolio Management

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

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

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."

Who are Colony Credit Real Estate's major shareholders?

Colony Credit Real Estate's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.44%), Geode Capital Management LLC (1.04%), Prudential Financial Inc. (0.78%), Neuberger Berman Group LLC (0.75%), Northern Trust Corp (0.69%) and Credit Suisse AG (0.48%). 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
.

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 Prudential Financial Inc., Advisors Asset Management Inc., Arrowstreet Capital Limited Partnership, Northern Trust Corp, Alliancebernstein L.P., Van ECK Associates Corp, Rhumbline Advisers, and Sanctuary Wealth Management L.L.C..
View insider buying and selling activity for Colony Credit Real Estate
or view top insider-selling stocks.

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 Neuberger Berman Group LLC, Morgan Stanley, BlackRock Inc., Geode Capital Management LLC, Avenir Corp, Renaissance Technologies LLC, Barclays PLC, and Relative Value Partners Group LLC. 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
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

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

One share of CLNC stock can currently be purchased for approximately $9.88.

How much money does Colony Credit Real Estate make?

Colony Credit Real Estate has a market capitalization of $1.28 billion and generates $102.32 million in revenue each year. The company earns $-353,300,000.00 in net income (profit) each year or $0.80 on an earnings per share basis.

What is Colony Credit Real Estate's official website?

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

Where are Colony Credit Real Estate's headquarters?

Colony Credit Real Estate is headquartered at 515 SOUTH FLOWER STREET 44TH FLOOR, LOS ANGELES CA, 90071.

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]


This page was last updated on 6/19/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.