NYSE:CLNCColony Credit Real Estate Stock Price, Forecast & News

Colony Credit Real Estate's stock was trading at $9.14 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CLNC shares have decreased by 32.4% and is now trading at $6.18. View which stocks have been most impacted by Coronavirus.

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.

Colony Credit Real Estate is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Colony Credit Real Estate.

Colony Credit Real Estate Inc (NYSE:CLNC) released its earnings results on Thursday, May, 7th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.29 by $0.20. The company earned $27.86 million during the quarter. Colony Credit Real Estate had a negative net margin of 490.65% and a positive return on equity of 0.76%. View Colony Credit Real Estate's earnings history.

Colony Credit Real Estate announced a monthly dividend on Monday, March 16th. Investors 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 annualized dividend and a dividend yield of 19.42%. The ex-dividend date is Monday, March 30th. View Colony Credit Real Estate's dividend history.

2 analysts have issued 1-year target prices for Colony Credit Real Estate's shares. Their forecasts range from $11.00 to $16.00. On average, they anticipate Colony Credit Real Estate's share price to reach $13.50 in the next twelve months. This suggests a possible upside of 118.4% from the stock's current price. View analysts' price targets for Colony Credit Real Estate.

News articles about CLNC stock have been trending neutral on Sunday, according to InfoTrie. The research group ranks the sentiment of media coverage by reviewing 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 coverage optimism score of 0.4 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Colony Credit Real Estate.

Colony Credit Real Estate saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 1,200,000 shares, a decline of 26.8% from the June 15th total of 1,640,000 shares. Based on an average daily trading volume, of 901,700 shares, the short-interest ratio is presently 1.3 days. Currently, 1.5% of the shares of the stock are short sold. View Colony Credit Real Estate's Current Options Chain.

Some companies that are related to Colony Credit Real Estate include Blackstone Mortgage Trust (BXMT), Sabra Health Care REIT (SBRA), Corporate Office Properties Trust (OFC), Keppel REIT (KREVF), New Residential Investment (NRZ), Lexington Realty Trust (LXP), Howard Hughes (HHC), Great Portland Estates (GPEAF), Potlatchdeltic (PCH), National Health Investors (NHI), EPR Properties (EPR), Taubman Centers (TCO), Weingarten Realty Investors (WRI), Hannon Armstrong Sustnbl Infrstr Cap (HASI) and Safestore (SFSHF). View all competitors.

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), EAGLE POINT CR/COM (ECC), New Residential Investment (NRZ), AGNC Investment (AGNC), Invesco Mortgage Capital (IVR), MGM Growth Properties (MGP), Macerich (MAC), Apple Hospitality REIT (APLE) and Ellington Financial (EFC).

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

Colony Credit Real Estate's stock is owned by a variety of retail and institutional investors. Top institutional investors include Patriot Financial Group Insurance Agency LLC (0.05%) and Acorn Financial Advisory Services Inc. ADV (0.05%). 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.

CLNC stock was acquired by a variety of institutional investors in the last quarter, including Patriot Financial Group Insurance Agency LLC, and Acorn Financial Advisory Services Inc. ADV. 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.

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 $6.18.

Colony Credit Real Estate has a market capitalization of $794.07 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.

The official website for Colony Credit Real Estate is 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]