NYSE:CLNC Colony Credit Real Estate Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Colony Credit Real Estate Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $4.87 -0.16 (-3.18 %) (As of 09/22/2020 12:00 AM ET) Add Compare Share Today's Range$4.82Now: $4.87▼$5.1350-Day Range$5.00MA: $5.95▼$6.6952-Week Range$2.46Now: $4.87▼$14.74Volume378,023 shsAverage Volume699,618 shsMarket Capitalization$626.20 millionP/E RatioN/ADividend YieldN/ABeta1.59 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesInstitutional OwnershipHeadlinesShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingColony Credit Real Estate has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.50, Colony Credit Real Estate has a forecasted upside of 177.2% from its current price of $4.87.Amount of Analyst CoverageColony Credit Real Estate has only been the subject of 1 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesColony Credit Real Estate has received 167 “outperform” votes. (Add your “outperform” vote.)Underperform VotesColony Credit Real Estate has received 176 “underperform” votes. (Add your “underperform” vote.)Community SentimentColony Credit Real Estate has received 51.31% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Colony Credit Real Estate and other stocks. Vote “Outperform” if you believe CLNC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CLNC will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldColony Credit Real Estate does not currently pay a dividend.Dividend GrowthColony Credit Real Estate does not have a long track record of dividend growth. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Colony Credit Real Estate insiders have bought more of their company's stock than they have sold. Specifically, they have bought $50,000.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.50% of the stock of Colony Credit Real Estate is held by insiders.Percentage Held by InstitutionsOnly 32.08% of the stock of Colony Credit Real Estate is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Colony Credit Real Estate are expected to grow by 13.11% in the coming year, from $0.61 to $0.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Colony Credit Real Estate is -0.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Colony Credit Real Estate is -0.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioColony Credit Real Estate has a P/B Ratio of 0.28. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 3.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.98 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:CLNC Previous Symbol CUSIPN/A CIKN/A Webwww.clncredit.com Phone310-282-8820Debt Debt-to-Equity Ratio0.87 Current Ratio2.21 Quick Ratio2.21Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio7.98 P/E GrowthN/A Sales & Book Value Annual Sales$97.68 million Price / Sales6.41 Cash Flow$0.34 per share Price / Cash Flow14.33 Book Value$17.13 per share Price / Book0.28Profitability EPS (Most Recent Fiscal Year)($0.36) Net Income$-414,510,000.00 Net Margins-600.37% Return on Equity0.75% Return on Assets0.22%Miscellaneous EmployeesN/A Outstanding Shares128,583,000Market Cap$626.20 million Next Earnings Date11/5/2020 (Estimated) OptionableNot Optionable $4.87 -0.16 (-3.18 %) (As of 09/22/2020 12:00 AM ET) 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 CLNC and its competitors with MarketBeat's FREE daily newsletter. Colony Credit Real Estate (NYSE:CLNC) Frequently Asked Questions How has Colony Credit Real Estate's stock price been impacted by Coronavirus? Colony Credit Real Estate's stock was trading at $9.14 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CLNC stock has decreased by 46.7% and is now trading at $4.87. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of 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 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. 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, November 5th 2020. 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) issued its quarterly earnings results on Thursday, August, 6th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.18 by $0.08. Colony Credit Real Estate had a positive return on equity of 0.75% and a negative net margin of 600.37%. View Colony Credit Real Estate's earnings history. 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 monthly dividend on Monday, March 16th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.10 per share on Friday, April 10th. This represents a $1.20 dividend on an annualized basis and a yield of 24.64%. The ex-dividend date is Monday, March 30th. View Colony Credit Real Estate's dividend history. What price target have analysts set for CLNC? 2 brokers have issued 1-year 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 177.2% from the stock's current price. View analysts' price targets for Colony Credit Real Estate. Who are some of Colony Credit Real Estate's key competitors? Some companies that are related to Colony Credit Real Estate include National Storage Affiliates Trust (NSA), Great Portland Estates (GPEAF), Outfront Media (OUT), Taubman Centers (TCO), Weingarten Realty Investors (WRI), Apple Hospitality REIT (APLE), Safestore (SFSHF), EPR Properties (EPR), Ryman Hospitality Properties (RHP), CHIMERA INVT CO/SH NEW (CIM), Uniti Group (UNIT), Essential Properties Realty Trust (EPRT), Easterly Government Properties (DEA), CYRELA BRAZIL R/S (CYRBY) and Caretrust REIT (CTRE). View all competitors. What other stocks do shareholders of Colony Credit Real Estate own? Based on aggregate information from My MarketBeat watchlists, some companies that other Colony Credit Real Estate investors own include ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), Oxford Lane Capital (OXLC), NY MTG TR INC/SH (NYMT), Two Harbors Investment (TWO), Ladder Capital (LADR), Colony Capital (CLNY), New Residential Investment (NRZ), EAGLE POINT CR/COM (ECC) and Ellington Financial (EFC). Who are Colony Credit Real Estate's key executives? Colony Credit Real Estate's management team includes the following people: Mr. Kevin P. Traenkle, CEO, Pres & Director (Age 49)Mr. Neale W. Redington, CFO & Treasurer (Age 52)Mr. David A. Palamé, Gen. Counsel & Sec. (Age 42)Mr. Frank V. Saracino CPA, Chief Accounting Officer (Age 52)Mr. Daniel Katz, Managing Director 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 investors include Vanguard Group Inc. (5.99%), Nut Tree Capital Management LP (3.11%), FMR LLC (1.73%), Prudential Financial Inc. (1.45%), Nuveen Asset Management LLC (1.38%) and Balyasny Asset Management LLC (0.73%). 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 institutional investors are selling Colony Credit Real Estate stock? CLNC stock was sold by a variety of institutional investors in the last quarter, including Belpointe Asset Management LLC, Vanguard Group Inc., Balyasny Asset Management LLC, Advisor Group Holdings Inc., Goldman Sachs Group Inc., Russell Investments Group Ltd., Bank of New York Mellon Corp, and Commonwealth Equity Services LLC. View insider buying and selling activity for Colony Credit Real Estate. Which institutional investors are buying Colony Credit Real Estate stock? CLNC stock was acquired by a variety of institutional investors in the last quarter, including Nut Tree Capital Management LP, Prudential Financial Inc., Nuveen Asset Management LLC, Private Advisor Group LLC, Advisors Asset Management Inc., Bank of America Corp DE, UBS Group AG, and Charles Schwab Investment Management Inc.. 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. 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Colony Credit Real Estate's stock price today? One share of CLNC stock can currently be purchased for approximately $4.87. How big of a company is Colony Credit Real Estate? Colony Credit Real Estate has a market capitalization of $626.20 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. What is Colony Credit Real Estate's official website? The official website for Colony Credit Real Estate is www.clncredit.com. 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 9/22/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
