NorthStar Asset Management Group Company Profile (NYSE:CLNS)

NorthStar Asset Management Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLNS."

NorthStar Asset Management Group announced a quarterly dividend on Wednesday, August 9th. Stockholders of record on Saturday, September 30th will be paid a dividend of $0.27 per share on Monday, October 16th. This represents a $1.08 annualized dividend and a dividend yield of 8.38%. The ex-dividend date is Thursday, September 28th. View NorthStar Asset Management Group's Dividend History.

NorthStar Asset Management Group, Inc. (NYSE:CLNS) issued its quarterly earnings data on Thursday, August, 4th. The company reported $0.28 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.28. The company had revenue of $97.10 million for the quarter, compared to analysts' expectations of $118.43 million. NorthStar Asset Management Group had a net margin of 7.95% and a return on equity of 3.04%. View NorthStar Asset Management Group's Earnings History.

5 analysts have issued 1-year price targets for NorthStar Asset Management Group's shares. Their forecasts range from $15.00 to $20.00. On average, they anticipate NorthStar Asset Management Group's share price to reach $16.81 in the next twelve months. View Analyst Ratings for NorthStar Asset Management Group.

Here are some recent quotes from research analysts about NorthStar Asset Management Group stock:

• 1. According to Zacks Investment Research, "Colony NorthStar, Inc. is a real estate and investment management firm. It creates long-term value through investing in real estate and real estate-related assets. Colony NorthStar Inc., formerly known as Northstar Asset management Group, is based in New York. " (9/22/2017)
• 2. FBR & Co analysts commented, "Similar to last quarter, this was another noisy release for Colony NorthStar, Inc. given the earnings miss, continued transition in the portfolio, and the first quarter of consolidated disclosures. Despite all that, there were a lot of positives in the quarter, and we are looking forward to earnings growth through the year as the company continues to deploy capital in its core strategies, realizes increased investment management fees given its brisk pace of capital raising, and manages the liabilities side of its balance sheet. On the valuation front, now that we have full disclosures, we are adjusting our NAV estimate to an in-place" NAV and considering that in combination with an FFO multiple to arrive at a valuation for the shares, which we discuss further below. Overall, while the transition to a hybrid equity REIT structure could take longer than we initially anticipated, we remain positive on the shares and believe that our investment thesis remains intact. As such, we reiterate our Outperform rating and $16.00 price target." (5/15/2017)

NorthStar Asset Management Group saw a increase in short interest during the month of August. As of August 15th, there was short interest totalling 14,379,244 shares, an increase of 34.8% from the July 31st total of 10,670,284 shares. Based on an average trading volume of 3,679,240 shares, the days-to-cover ratio is currently 3.9 days. Currently, 2.7% of the company's stock are sold short.

Some companies that are related to NorthStar Asset Management Group include Invesco PLC (IVZ), Host Hotels & Resorts (HST), Annaly Capital Management (NLY), CNA Financial Corporation (CNA), HCP (HCP), Fidelity National Financial (FNF), Comerica Incorporated (CMA), Arch Capital Group (ACGL), Nasdaq (NDAQ), CBRE Group (CBG), Cincinnati Financial Corporation (CINF), Mid-America Apartment Communities (MAA), Aegon NV (AEG), CBOE Holdings (CBOE), Raymond James Financial (RJF), Fairfax Financial Holdings (FRFHF), E*TRADE Financial Corporation (ETFC) and BanColombia S.A. (CIB).

NorthStar Asset Management Group's management team includes the folowing people:

• Thomas J. Barrack Jr., Executive Chairman of the Board
• Richard B. Saltzman, President, Chief Executive Officer
• David T. Hamamoto, Executive Vice Chairman of the Board
• Darren J. Tangen, Chief Financial Officer, Executive Vice President, Treasurer
• Mark M. Hedstrom, Chief Operating Officer, Executive Vice President
• Kevin P. Traenkle, Executive Vice President, Chief Investment Officer
• Ronald M. Sanders, Executive Vice President, Chief Legal Officer & Secretary
• Neale W. Redington, Chief Accounting Officer, Managing Director
• Jonathan H. Grunzweig, Global Head of Special Situations
• Douglas Crocker II, Non-Executive Independent Director

NorthStar Asset Management Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include LSV Asset Management (0.27%) and Schroder Investment Management Group (0.01%). View Institutional Ownership Trends for NorthStar Asset Management Group.

NorthStar Asset Management Group's stock was bought by a variety of institutional investors in the last quarter, including Schroder Investment Management Group. View Insider Buying and Selling for NorthStar Asset Management Group.

Shares of NorthStar Asset Management Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of NorthStar Asset Management Group stock can currently be purchased for approximately $12.89.