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

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

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

Colony Credit Real Estate Inc (NYSE:CLNC) announced its quarterly earnings results on Thursday, August, 8th. The company reported $0.28 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by $0.04. The business had revenue of $23.93 million for the quarter, compared to analysts' expectations 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 analysts have issued twelve-month 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 share price to reach $18.50 in the next twelve months. This suggests a possible upside of 28.4% 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 coverage about CLNC stock has trended negative this week, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of 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 news impact score of -2.9 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near future. 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 daily volume of 306,300 shares, the days-to-cover ratio is presently 3.2 days. Approximately 1.2% of the company's shares are sold short. 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), Starwood Property Trust (STWD), CubeSmart (CUBE), SL Green Realty (SLG), American Campus Communities (ACC), New Residential Investment (NRZ), EPR Properties (EPR), Brixmor Property Group (BRX), Healthcare Trust Of America (HTA), Howard Hughes (HHC), Cousins Properties (CUZ), JBG SMITH Properties (JBGS), First Industrial Realty Trust (FR) and PS Business Parks (PSB).

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 a number of of retail and institutional 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 acquired 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 $14.41.

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]