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

$14.39
+0.10 (+0.70 %)
(As of 10/23/2019 01:11 AM ET)
Today's Range
$14.20
Now: $14.39
$14.45
50-Day Range
$12.53
MA: $13.92
$14.59
52-Week Range
$12.42
Now: $14.39
$21.85
Volume236,212 shs
Average Volume294,482 shs
Market Capitalization$1.85 billion
P/E Ratio20.56
Dividend Yield12.18%
Beta0.63
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$1.40 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 Date11/7/2019 (Confirmed)
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, October 17th. Shareholders of record on Thursday, October 31st will be paid a dividend of $0.145 per share on Tuesday, November 12th. This represents a $1.74 annualized dividend and a yield of 12.09%. The ex-dividend date is Wednesday, October 30th. 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) announced its quarterly earnings data on Thursday, August, 8th. The company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.32 by $0.04. The firm earned $23.93 million during the quarter, compared to the consensus estimate of $26.45 million. Colony Credit Real Estate had a positive return on equity of 1.74% and a negative net margin of 269.57%. 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 Thursday, November 7th 2019. View Earnings Estimates for Colony Credit Real Estate.

How can I listen to Colony Credit Real Estate's earnings call?

Colony Credit Real Estate will be holding an earnings conference call on Thursday, November 7th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for CLNC?

2 analysts have issued 1-year 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 28.6% 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?

News headlines about CLNC stock have been trending somewhat negative this week, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Colony Credit Real Estate earned a coverage optimism score of -1.7 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Colony Credit Real Estate.

Are investors shorting Colony Credit Real Estate?

Colony Credit Real Estate saw a decline in short interest in the month of September. As of September 15th, there was short interest totalling 1,230,000 shares, a decline of 16.3% from the August 15th total of 1,470,000 shares. Based on an average daily trading volume, of 321,500 shares, the days-to-cover ratio is presently 3.8 days. Approximately 1.5% of the company's 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?

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

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 retail and institutional investors. Top institutional shareholders include Sanctuary Wealth Management L.L.C. (0.17%), Dfpg Investments Inc. (0.05%), Nisa Investment Advisors LLC (0.03%), NEXT Financial Group Inc (0.02%), PFG Advisors (0.01%) and Sound Income Strategies LLC (0.01%).

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 Sanctuary Wealth Management L.L.C., Sound Income Strategies LLC, Flagship Harbor Advisors LLC and PFG Advisors.

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 Nisa Investment Advisors LLC, Dfpg Investments Inc., Squar Milner Financial Services LLC and NEXT Financial Group Inc.

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 $14.39.

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:  130 (Vote Outperform)
Underperform Votes:  127 (Vote Underperform)
Total Votes:  257
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 10/23/2019 by MarketBeat.com Staff

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