Colony Credit Real Estate Stock Forecast, Price & News

Colony Credit Real Estate's stock was trading at $9.14 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CLNC stock has decreased by 16.1% and is now trading at $7.67.
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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.

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Colony Credit Real Estate is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for Colony Credit Real Estate.

Colony Credit Real Estate, Inc. (NYSE:CLNC) issued its earnings results on Thursday, August, 6th. The company reported $0.26 earnings per share for the quarter, beating analysts' consensus estimates of $0.18 by $0.08. Colony Credit Real Estate had a negative net margin of 232.33% and a positive return on equity of 6.05%.
View Colony Credit Real Estate's earnings history.

Colony Credit Real Estate announced a monthly dividend on Monday, March 16th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.10 per share on Friday, April 10th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 15.65%. The ex-dividend date of this dividend is Monday, March 30th.
View Colony Credit Real Estate's dividend history.

2 analysts have issued 1-year price targets 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 year. This suggests a possible upside of 76.0% from the stock's current price.
View analysts' price targets for Colony Credit Real Estate.

Colony Credit Real Estate saw a drop in short interest during the month of October. As of October 15th, there was short interest totaling 1,110,000 shares, a drop of 15.3% from the September 30th total of 1,310,000 shares. Based on an average daily trading volume, of 420,000 shares, the days-to-cover ratio is currently 2.6 days. Approximately 1.3% of the company's stock are sold short.
View Colony Credit Real Estate's Short Interest.

Some companies that are related to Colony Credit Real Estate include Blackstone Mortgage Trust (BXMT), QTS Realty Trust (QTS), Rayonier (RYN), Physicians Realty Trust (DOC), Agree Realty (ADC), PS Business Parks (PSB), Ryman Hospitality Properties (RHP), Sabra Health Care REIT (SBRA), Equity Commonwealth (EQC), Corporate Office Properties Trust (OFC), PotlatchDeltic (PCH), Apple Hospitality REIT (APLE), National Health Investors (NHI), Lexington Realty Trust (LXP) and EPR Properties (EPR).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Colony Credit Real Estate investors own include Annaly Capital Management (NLY), AGNC Investment (AGNC), Oxford Lane Capital (OXLC), Colony Capital (CLNY), New Residential Investment (NRZ), Energy Transfer (ET), Two Harbors Investment (TWO), Alliance Resource Partners (ARLP), Brookfield Property Partners (BPY) and Eagle Point Credit (ECC).

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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.12%), Nut Tree Capital Management LP (4.71%), State Street Corp (1.36%), Advisors Asset Management Inc. (0.46%), Charles Schwab Investment Management Inc. (0.42%) and Cambridge Investment Research Advisors Inc. (0.33%). 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 sold by a variety of institutional investors in the last quarter, including Cetera Advisor Networks LLC, LPL Financial LLC, First Allied Advisory Services Inc., JPMorgan Chase & Co., State Street Corp, Wells Fargo & Company MN, Cetera Investment Advisers, and Morgan Stanley.
View insider buying and selling activity for Colony Credit Real Estate.

CLNC stock was acquired by a variety of institutional investors in the last quarter, including Nut Tree Capital Management LP, BlackRock Inc., Arrowstreet Capital Limited Partnership, First Trust Advisors LP, SMH Capital Advisors Inc., GSA Capital Partners LLP, Relative Value Partners Group LLC, and Paloma Partners Management Co. 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 $7.67.

Colony Credit Real Estate has a market capitalization of $986.23 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]