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

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

Colony Credit Real Estate declared a monthly dividend on Thursday, October 17th. Investors of record on Thursday, October 31st will be paid a dividend of $0.145 per share on Tuesday, November 12th. This represents a $1.74 annualized dividend and a yield of 12.08%. The ex-dividend date is Wednesday, October 30th. View Colony Credit Real Estate's Dividend History.

Colony Credit Real Estate Inc (NYSE:CLNC) posted its quarterly earnings results on Thursday, August, 8th. The company reported $0.28 EPS for the quarter, missing the Zacks' consensus estimate of $0.32 by $0.04. The business earned $23.93 million during the quarter, compared to analysts' expectations of $26.45 million. Colony Credit Real Estate had a negative net margin of 269.57% and a positive return on equity of 1.74%. View Colony Credit Real Estate's Earnings History.

Colony Credit Real Estate is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Colony Credit Real Estate.

Colony Credit Real Estate will be holding an earnings conference call on Thursday, November 7th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 brokers have issued 1-year target prices for Colony Credit Real Estate's shares. Their forecasts range from $18.00 to $19.00. On average, they anticipate Colony Credit Real Estate's stock price to reach $18.50 in the next twelve months. This suggests a possible upside of 28.5% from the stock's current price. View Analyst Price Targets 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.

News stories about CLNC stock have been trending positive this week, InfoTrie Sentiment reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Colony Credit Real Estate earned a news impact score of 2.2 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Colony Credit Real Estate.

Colony Credit Real Estate saw a decrease in short interest during the month of September. As of September 15th, there was short interest totalling 1,230,000 shares, a decrease of 16.3% from the August 15th total of 1,470,000 shares. Based on an average daily trading volume, of 321,500 shares, the short-interest ratio is currently 3.8 days. Approximately 1.5% of the shares of the company are short sold. View Colony Credit Real Estate's Current Options Chain.

Some companies that are related to Colony Credit Real Estate include AmeriCold Realty Trust (COLD), Starwood Property Trust (STWD), American Campus Communities (ACC), CubeSmart (CUBE), SL Green Realty (SLG), New Residential Investment (NRZ), Brixmor Property Group (BRX), Healthcare Trust Of America (HTA), EPR Properties (EPR), Cousins Properties (CUZ), JBG SMITH Properties (JBGS), Rexford Industrial Realty (REXR), First Industrial Realty Trust (FR), PS Business Parks (PSB) and Life Storage (LSI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Colony Credit Real Estate investors own include ANNALY CAP MGMT/SH (NLY), EAGLE POINT CR/COM (ECC), MGM Growth Properties (MGP), New Residential Investment (NRZ), Two Harbors Investment (TWO), Prospect Capital (PSEC), Capitala Finance (CPTA), Orchid Island Capital (ORC), AT&T (T) and AGNC Investment (AGNC).

Colony Credit Real Estate's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Sanctuary Wealth Management L.L.C. (0.17%), Dfpg Investments Inc. (0.05%), Nisa Investment Advisors LLC (0.03%), NEXT Financial Group Inc (0.02%), PFG Advisors (0.01%) and Sound Income Strategies LLC (0.01%).

CLNC stock was sold by a variety of institutional investors in the last quarter, including Sanctuary Wealth Management L.L.C., Sound Income Strategies LLC, Flagship Harbor Advisors LLC and PFG Advisors.

CLNC stock was acquired by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, Dfpg Investments Inc., Squar Milner Financial Services LLC and NEXT Financial Group Inc.

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 $14.40.

Colony Credit Real Estate has a market capitalization of $1.85 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.

The official website for Colony Credit Real Estate is http://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]