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 announced a -- dividend on Wednesday, September 18th. Investors of record on Monday, September 30th will be paid a dividend of $0.145 per share on Thursday, October 10th. This represents a yield of 12.1%. The ex-dividend date is Friday, September 27th. View Colony Credit Real Estate's Dividend History.

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

Colony Credit Real Estate is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Colony Credit Real Estate.

2 brokerages have issued 1-year price targets 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 29.2% 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 articles about CLNC stock have been trending negative this week, according to InfoTrie. InfoTrie identifies positive and negative press 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 -5 to 5, with scores closest to five being the most favorable. Colony Credit Real Estate earned a news impact score of -2.9 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Colony Credit Real Estate.

Colony Credit Real Estate saw a drop in short interest in August. As of August 31st, there was short interest totalling 979,400 shares, a drop of 29.8% from the July 31st total of 1,396,100 shares. Based on an average trading volume of 306,300 shares, the days-to-cover ratio is presently 3.2 days. Approximately 1.2% 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 Douglas Emmett (DEI), AmeriCold Realty Trust (COLD), CubeSmart (CUBE), Starwood Property Trust (STWD), SL Green Realty (SLG), American Campus Communities (ACC), New Residential Investment (NRZ), EPR Properties (EPR), Healthcare Trust Of America (HTA), Brixmor Property Group (BRX), Howard Hughes (HHC), JBG SMITH Properties (JBGS), Cousins Properties (CUZ), PS Business Parks (PSB) and First Industrial Realty Trust (FR).

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), MGM Growth Properties (MGP), New Residential Investment (NRZ), AGNC Investment (AGNC), EAGLE POINT CR/COM (ECC), Orchid Island Capital (ORC), Capitala Finance (CPTA), Prospect Capital (PSEC) and Macerich (MAC).

Colony Credit Real Estate's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.90%), BlackRock Inc. (4.36%), UBS Group AG (1.62%), Northern Trust Corp (0.81%), Centaurus Financial Inc. (0.73%) and Advisor Group Inc. (0.71%).

CLNC stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Balyasny Asset Management LLC, RFG Advisory LLC, BlackRock Inc., Advisor Group Inc., Van ECK Associates Corp, Commonwealth Equity Services LLC and Smart Money Group LLC.

CLNC stock was bought by a variety of institutional investors in the last quarter, including Centaurus Financial Inc., Nuveen Asset Management LLC, HBK Investments L P, Renaissance Technologies LLC, Vanguard Group Inc., JPMorgan Chase & Co., AE Wealth Management LLC and Susquehanna International Group LLP.

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 $14.32.

Colony Credit Real Estate has a market capitalization of $1.84 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]