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

$14.41
+0.09 (+0.63 %)
(As of 09/17/2019 04:00 PM ET)
Today's Range
$14.1550
Now: $14.41
$14.46
50-Day Range
$12.44
MA: $13.89
$16.29
52-Week Range
$12.42
Now: $14.41
$23.23
Volume339,675 shs
Average Volume290,598 shs
Market Capitalization$1.85 billion
P/E Ratio20.59
Dividend Yield12.15%
Beta0.59
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.

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
CIKN/A
Phone310-282-8820

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$115.54 million
Cash Flow$1.4045 per share
Book Value$22.42 per share

Profitability

Net Income$-168,500,000.00
Net Margins-269.57%

Miscellaneous

EmployeesN/A
Market Cap$1.85 billion
Next Earnings Date11/5/2019 (Estimated)
OptionableNot Optionable

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Colony Credit Real Estate (NYSE:CLNC) Frequently Asked Questions

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."

How often does Colony Credit Real Estate pay dividends? What is the dividend yield for Colony Credit Real Estate?

Colony Credit Real Estate declared a monthly dividend on Thursday, August 8th. Stockholders of record on Saturday, August 31st will be paid a dividend of $0.145 per share on Tuesday, September 10th. This represents a $1.74 annualized dividend and a dividend yield of 12.07%. The ex-dividend date of this dividend is Thursday, August 29th. View Colony Credit Real Estate's Dividend History.

How were Colony Credit Real Estate's earnings last quarter?

Colony Credit Real Estate Inc (NYSE:CLNC) released its earnings results on Thursday, August, 8th. The company reported $0.28 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.32 by $0.04. The business earned $23.93 million during 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.

When is Colony Credit Real Estate's next earnings date?

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.

What price target have analysts set for CLNC?

2 brokers have issued 12 month price objectives for Colony Credit Real Estate's shares. Their forecasts range from $18.00 to $19.00. On average, they expect Colony Credit Real Estate's stock 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.

What is the consensus analysts' recommendation 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.

Has Colony Credit Real Estate been receiving favorable news coverage?

Headlines about CLNC stock have been trending negative on Tuesday, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Colony Credit Real Estate earned a coverage optimism score of -2.9 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Colony Credit Real Estate.

Are investors shorting Colony Credit Real Estate?

Colony Credit Real Estate saw a drop in short interest in the month of 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 trading volume of 306,300 shares, the short-interest ratio is presently 3.2 days. Currently, 1.2% of the shares of the stock are sold short. View Colony Credit Real Estate's Current Options Chain.

Who are some of Colony Credit Real Estate's key competitors?

What other stocks do shareholders of Colony Credit Real Estate own?

Who are Colony Credit Real Estate's key executives?

Colony Credit Real Estate's management team includes the folowing 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

Who are Colony Credit Real Estate's major shareholders?

Colony Credit Real Estate's stock is owned by many different of institutional and retail investors. Top institutional shareholders 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%).

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 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.

Which institutional investors are buying Colony Credit Real Estate stock?

CLNC stock was bought 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.

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 $14.41.

How big of a company is Colony Credit Real Estate?

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.

What is Colony Credit Real Estate's official website?

The official website for Colony Credit Real Estate is http://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]


MarketBeat Community Rating for Colony Credit Real Estate (NYSE CLNC)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  119 (Vote Outperform)
Underperform Votes:  121 (Vote Underperform)
Total Votes:  240
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.
This page was last updated on 9/17/2019 by MarketBeat.com Staff

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