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 announced a monthly dividend on Thursday, August 8th. Stockholders of record on Saturday, August 31st will be given a dividend of $0.145 per share on Tuesday, September 10th. This represents a $1.74 annualized dividend and a dividend yield of 13.34%. The ex-dividend date is Thursday, August 29th. View Colony Credit Real Estate's Dividend History.

Colony Credit Real Estate Inc (NYSE:CLNC) released its quarterly earnings data on Thursday, August, 8th. The company reported $0.28 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.32 by $0.04. The firm had revenue of $23.93 million for the quarter, compared to the consensus estimate 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 Tuesday, November 5th 2019. View Earnings Estimates for Colony Credit Real Estate.

2 equities research analysts have issued 12 month target prices for Colony Credit Real Estate's shares. Their forecasts range from $18.00 to $20.00. On average, they anticipate Colony Credit Real Estate's stock price to reach $19.00 in the next twelve months. This suggests a possible upside of 45.7% 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 trended negative on Monday, according to InfoTrie. The research firm rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Colony Credit Real Estate earned a daily sentiment score of -2.3 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely 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 increase in short interest in the month of July. As of July 31st, there was short interest totalling 1,396,100 shares, an increase of 11.6% from the June 30th total of 1,250,500 shares. Based on an average daily trading volume, of 276,900 shares, the days-to-cover ratio is presently 5.0 days. Approximately 3.7% 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 SL Green Realty (SLG), American Campus Communities (ACC), EPR Properties (EPR), New Residential Investment (NRZ), Healthcare Trust Of America (HTA), Howard Hughes (HHC), Brixmor Property Group (BRX), JBG SMITH Properties (JBGS), Cousins Properties (CUZ), First Industrial Realty Trust (FR), PS Business Parks (PSB), Rexford Industrial Realty (REXR), Life Storage (LSI), Blackstone Mortgage Trust (BXMT) and Eastgroup Properties (EGP).

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

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, Scottrade, Fidelity and Charles Schwab.

One share of CLNC stock can currently be purchased for approximately $13.04.

Colony Credit Real Estate has a market capitalization of $1.68 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]