Colony NorthStar, Inc. is a diversified equity real estate investment trust (REIT). The Company combines a portfolio of real assets across the world, which are managed with a global real estate investment manager. The Company has property holdings in the healthcare, industrial and hospitality sectors, opportunistic equity and debt investments, and an embedded institutional and retail investment management business. In addition, the Company owns NorthStar Securities, LLC, a captive broker-dealer platform which raises capital in the retail market. The Company acquires, develops and operates industrial properties in metropolitan markets throughout the United States with a focus on light industrial buildings. The Company provides investment management services and offers investment products while serving as a fiduciary to a set of institutional and individual investors.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Diversified REITs
- Sub-Industry: N/A
- Symbol: NYSE:CLNS
- CUSIP: N/A
- Web: www.colonyinc.com
Capitalization:- Market Cap: $7.89609 billion
- Outstanding Shares: 551,375,000
Average Prices:- 50 Day Moving Avg: $14.33
- 200 Day Moving Avg: $13.87
- 52 Week Range: $11.42 - $16.08
P/E:- Trailing P/E Ratio: 71.34
- Foreward P/E Ratio: 9.43
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $1.35 billion
- Price / Sales: 5.86
- Book Value: $13.57 per share
- Price / Book: 1.06
Dividend:- Annual Dividend: $1.08
- Dividend Yield: 7.5%
Profitability:- EBIDTA: $728.8 million
- Net Margins: 5.59%
- Return on Equity: 5.09%
- Return on Assets: 2.24%
Debt:- Debt-to-Equity Ratio: 0.89%
- Current Ratio: 5.18%
- Quick Ratio: 5.18%
Misc:- Average Volume: 3.15 million shs.
- Beta: 1.53
- Short Ratio: 2.48
Frequently Asked Questions for NorthStar Asset Management Group (NYSE:CLNS)
What is NorthStar Asset Management Group's stock symbol?
NorthStar Asset Management Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLNS."
How often does NorthStar Asset Management Group pay dividends? What is the dividend yield for NorthStar Asset Management Group?
NorthStar Asset Management Group declared a quarterly dividend on Thursday, May 11th. Investors of record on Friday, June 30th will be paid a dividend of $0.27 per share on Monday, July 17th. This represents a $1.08 annualized dividend and a dividend yield of 7.53%. The ex-dividend date is Wednesday, June 28th. This is a boost from NorthStar Asset Management Group's previous quarterly dividend of $0.24. View NorthStar Asset Management Group's Dividend History.
How were NorthStar Asset Management Group's earnings last quarter?
NorthStar Asset Management Group, Inc. (NYSE:CLNS) released its quarterly earnings results on Thursday, August, 4th. The company reported $0.28 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.28. The firm earned $97.10 million during the quarter, compared to analysts' expectations of $118.43 million. NorthStar Asset Management Group had a return on equity of 5.09% and a net margin of 5.59%. View NorthStar Asset Management Group's Earnings History.
Where is NorthStar Asset Management Group's stock going? Where will NorthStar Asset Management Group's stock price be in 2017?
5 analysts have issued 12 month price objectives 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 stock price to reach $17.06 in the next twelve months. View Analyst Ratings for NorthStar Asset Management Group.
What are analysts saying about NorthStar Asset Management Group stock?
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. " (7/12/2017)
- 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)
Who are some of NorthStar Asset Management Group's key competitors?
Some companies that are related to NorthStar Asset Management Group include Realty Income Corporation (O), FIRST REPUBLIC BANK (FRC), National Bank of Canada (NTIOF), Commerzbank AG (CRZBY), Hannover Ruck SE (HVRRY), Vornado Realty Trust (VNO), HCP (HCP), Credicorp (BAP), Invesco PLC (IVZ), Markel Corporation (MKL), Huntington Bancshares Incorporated (HBAN), Banco De Chile (BCH), CNA Financial Corporation (CNA), Host Hotels & Resorts (HST), Fidelity National Financial (FNF), Arch Capital Group (ACGL), Annaly Capital Management (NLY) and CBRE Group (CBG).
Who are NorthStar Asset Management Group's key executives?
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
How do I buy NorthStar Asset Management Group stock?
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.
What is NorthStar Asset Management Group's stock price today?
One share of NorthStar Asset Management Group stock can currently be purchased for approximately $14.34.
MarketBeat Community Rating for NorthStar Asset Management Group (NYSE CLNS)MarketBeat's community ratings are surveys of what our community members think about NorthStar Asset Management Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for NorthStar Asset Management Group (NYSE:CLNS) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings, 3 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.60) |
| Consensus Price Target: | $17.06 (18.99% upside) |
Analysts' Ratings History for NorthStar Asset Management Group (NYSE:CLNS)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/15/2017 | FBR & Co | Reiterated Rating | Buy | $16.00 | Low |  |
| 4/21/2017 | Wedbush | Reiterated Rating | Outperform -> Outperform | $26.00 -> $17.25 | Low | |
| 3/31/2017 | JMP Securities | Initiated Coverage | Mkt Perform -> Market Perform | | Medium | |
| 3/2/2017 | Royal Bank Of Canada | Reiterated Rating | Buy | $20.00 | N/A | |
| 1/4/2017 | Keefe, Bruyette & Woods | Downgrade | Outperform -> Market Perform | $15.00 | N/A | |
| 3/14/2016 | Deutsche Bank AG | Lower Price Target | Buy | $24.00 -> $20.00 | N/A | |
(Data available from 7/24/2015 forward)
Earnings History for NorthStar Asset Management Group (NYSE:CLNS)Earnings History by Quarter for NorthStar Asset Management Group (NYSE CLNS)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 2/28/2017 | Q416 | $0.30 | $0.20 | $87.20 million | $99.52 million | View | Listen | |
| 11/8/2016 | Q316 | $0.30 | $0.26 | $91.60 million | $95.50 million | View | Listen | |
| 8/4/2016 | Q216 | $0.28 | $0.28 | $118.43 million | $97.10 million | View | N/A | |
| 5/10/2016 | Q116 | $0.29 | $0.31 | $102.77 million | $106.43 million | View | Listen | |
| 2/26/2016 | Q415 | $0.28 | $0.27 | $114.86 million | $116.90 million | View | Listen | |
| 11/9/2015 | Q315 | $0.27 | $0.26 | $107.84 million | $108.10 million | View | N/A | |
| 8/6/2015 | Q215 | $0.29 | $0.29 | $118.84 million | $119.13 million | View | Listen | |
| 5/8/2015 | Q1 2015 | $0.25 | $0.20 | $102.32 million | $91.70 million | View | N/A | |
| 2/27/2015 | Q414 | $0.20 | $0.27 | $92.20 million | $119.06 million | View | N/A | |
| 11/6/2014 | Q314 | $0.13 | $0.10 | $75.90 million | $84.00 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for NorthStar Asset Management Group (NYSE:CLNS)Current Year EPS Consensus Estimate: $1.44 EPS
Next Year EPS Consensus Estimate: $1.52 EPS
Current Dividend Information for NorthStar Asset Management Group (NYSE:CLNS)| Most Recent Dividend: | 7/17/2017 |
| Annual Dividend: | $1.08 |
| Dividend Yield: | 7.53% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 900.08% (Trailing 12 Months of Earnings)
75.00% (Based on This Year's Estimates)
71.05% (Based on Next Year's Estimates)
|
Dividend History by Quarter for NorthStar Asset Management Group (NYSE CLNS)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/11/2017 | quarterly | $0.27 | 8.26% | 6/28/2017 | 6/30/2017 | 7/17/2017 |
| 3/2/2017 | quarterly | $0.27 | 7.85% | 3/29/2017 | 3/31/2017 | 4/17/2017 |
| 11/2/2016 | Quarterly | $0.10 | | 11/9/2016 | 11/14/2016 | 11/18/2016 |
| 8/2/2016 | Quarterly | $0.10 | | 8/11/2016 | 8/15/2016 | 8/19/2016 |
| 5/4/2016 | Quarterly | $0.10 | | 5/12/2016 | 5/16/2016 | 5/20/2016 |
| 2/25/2016 | Quarterly | $0.10 | | 3/3/2016 | 3/7/2016 | 3/11/2016 |
| 11/3/2015 | Quarterly | $0.10 | | 11/12/2015 | 11/16/2015 | 11/20/2015 |
| 8/4/2015 | | $0.10 | | 8/13/2015 | 8/17/2015 | 8/21/2015 |
| 5/6/2015 | quarterly | $0.10 | 1.87% | 5/14/2015 | 5/18/2015 | 5/22/2015 |
| 2/26/2015 | quarterly | $0.10 | 1.66% | 3/5/2015 | 3/9/2015 | 3/13/2015 |
| 10/30/2014 | quarterly | $0.10 | | 11/6/2014 | 11/10/2014 | 11/14/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for NorthStar Asset Management Group (NYSE:CLNS)Insider Ownership Percentage: 7.99%
Institutional Ownership Percentage: 83.25%
Insider Trades by Quarter for NorthStar Asset Management Group (NYSE:CLNS)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/18/2015 | Debra Ann Hess | CFO | Sell | 26,000 | $21.75 | $565,500.00 | |
| 4/2/2015 | Daniel R Gilbert | Insider | Sell | 550,000 | $23.84 | $13,112,000.00 | |
| 3/16/2015 | W D Minami | Director | Sell | 23,000 | $24.40 | $561,200.00 | |
| 3/2/2015 | David T Hamamoto | CEO | Sell | 400,000 | $23.74 | $9,496,000.00 | |
| 3/2/2015 | Debra Ann Hess | CFO | Sell | 14,000 | $24.09 | $337,260.00 | |
| 1/9/2015 | Albert Tylis | President | Sell | 421,132 | $21.37 | $8,999,590.84 | |
| 12/23/2014 | Debra Ann Hess | CFO | Sell | 31,000 | $22.18 | $687,580.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for NorthStar Asset Management Group (NYSE:CLNS)
Latest Headlines for NorthStar Asset Management Group (NYSE:CLNS)
| Source: |
|
| Date | Headline |
|---|
 | $122.01 Million in Sales Expected for NorthStar Asset Management Group, Inc. (CLNS) This Quarter
www.americanbankingnews.com - July 22 at 12:13 PM |
| NorthStar Asset Management Group, Inc. (NYSE:CLNS) Expected to Announce Earnings of $0.37 Per Share
www.americanbankingnews.com - July 20 at 9:15 AM |
 | Tom Barrack Juggles Trump Defense and Revamped Property Empire
finance.yahoo.com - July 19 at 6:26 PM |
| NorthStar Asset Management Group, Inc. (NYSE:CLNS) Upgraded to Hold by Zacks Investment Research
www.americanbankingnews.com - July 12 at 7:10 PM |
| ETFs with exposure to Colony NorthStar, Inc. : July 10, 2017
finance.yahoo.com - July 10 at 5:14 PM |
| Colony NorthStar, Inc. Announces Second Quarter 2017 Earnings Release and Conference Call Date
finance.yahoo.com - July 10 at 5:14 PM |
| Head to Head Contrast: NorthStar Asset Management Group (NYSE:CLNS) versus Senior Housing Properties Trust (SNH)
www.americanbankingnews.com - July 10 at 2:21 PM |
| Contrasting NorthStar Asset Management Group (CLNS) & Investors Real Estate Trust (IRET)
www.americanbankingnews.com - July 7 at 8:28 PM |
| NorthStar Asset Management Group, Inc. (NYSE:CLNS) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - July 7 at 12:02 PM |
| Colony NorthStar Declares Dividend on Series I Preferred Shares
finance.yahoo.com - June 28 at 5:13 PM |
| Head-To-Head Comparison: NorthStar Asset Management Group (CLNS) and Senior Housing Properties Trust (SNH)
www.americanbankingnews.com - June 28 at 4:14 PM |
| ETFs with exposure to Colony NorthStar, Inc. : June 27, 2017
finance.yahoo.com - June 27 at 4:36 PM |
| Colony NorthStar, Inc. :CLNS-US: Earnings Analysis: Q1, 2017 By the Numbers : June 26, 2017
finance.yahoo.com - June 26 at 5:03 PM |
| NorthStar Asset Management Group, Inc. (CLNS) Expected to Post Quarterly Sales of $122.01 Million
www.americanbankingnews.com - June 25 at 7:30 AM |
| $0.37 Earnings Per Share Expected for NorthStar Asset Management Group, Inc. (CLNS) This Quarter
www.americanbankingnews.com - June 24 at 12:32 AM |
| REIT Stock With 7.5% Dividend, 202% Sales Growth Tests Buy Zone
finance.yahoo.com - June 19 at 2:18 PM |
 | Colony NorthStar to Participate in the JMP Securities Financial Services and Real Estate Conference - Business Wire (press release)
www.businesswire.com - June 15 at 6:11 PM |
| Colony NorthStar to Participate in the JMP Securities Financial Services and Real Estate Conference
finance.yahoo.com - June 15 at 6:11 PM |
| NorthStar Asset Management Group, Inc. (CLNS) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - June 12 at 10:58 AM |
| Trump Backer Barrack Denies $190 Million Italian Tax Fraud Claim
finance.yahoo.com - June 1 at 4:54 PM |
| $122.01 Million in Sales Expected for Colony NorthStar Inc (CLNS) This Quarter
www.americanbankingnews.com - June 1 at 10:06 AM |
| Colony NorthStar Inc (CLNS) Expected to Post Earnings of $0.37 Per Share
www.americanbankingnews.com - May 30 at 8:14 PM |
| Colony NorthStar, Inc. Announces Redemption of 8.50% Series F Cumulative Redeemable Perpetual Preferred Stock - Business Wire (press release)
www.businesswire.com - May 25 at 5:54 PM |
| Colony NorthStar, Inc. Announces Redemption of 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock
finance.yahoo.com - May 25 at 12:07 AM |
| Colony NorthStar, Inc. Announces Redemption of 8.50% Series F Cumulative Redeemable Perpetual Preferred Stock
finance.yahoo.com - May 25 at 12:07 AM |
| Colony NorthStar, Inc. Announces Authorization of Redemption of 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock and 8.50% Series F Cumulative Redeemable Perpetual Preferred Stock
finance.yahoo.com - May 24 at 12:46 PM |
| ETFs with exposure to Colony NorthStar, Inc. : May 23, 2017
finance.yahoo.com - May 23 at 12:46 PM |
| Colony NorthStar Inc (CLNS) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - May 16 at 8:18 PM |
| Edited Transcript of CLNS.N earnings conference call or presentation 10-May-17 2:00pm GMT
finance.yahoo.com - May 16 at 9:50 AM |
| Colony NorthStar Inc (CLNS) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - May 16 at 8:40 AM |
| FBR & Co Reaffirms "Buy" Rating for Colony NorthStar Inc (CLNS)
www.americanbankingnews.com - May 15 at 9:34 PM |
| Colony NorthStar Inc (CLNS) to Issue Dividend Increase - $0.27 Per Share
www.americanbankingnews.com - May 11 at 6:20 PM |
 | Private Advisor Group, LLC Buys Hormel Foods Corp, iShares Core S&P Small-Cap, iShares Core ...
www.nasdaq.com - May 11 at 4:59 PM |
| Colony NorthStar, Inc. breached its 50 day moving average in a Bearish Manner : CLNS-US : May 11, 2017
finance.yahoo.com - May 11 at 4:58 PM |
| ETFs with exposure to Colony NorthStar, Inc. : May 11, 2017
finance.yahoo.com - May 11 at 4:58 PM |
 | Colony NorthStar's (CLNS) CEO Richard Saltzman on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 10 at 4:32 PM |
 | Technical Reports on REIT Stocks -- Colony NorthStar, American Tower, MFA Financial, and Starwood Property Trust
www.bizjournals.com - May 10 at 8:21 AM |
 | Colony NorthStar, Inc. (CLNS) Misses Q1 FFO by 4c
www.streetinsider.com - May 9 at 9:20 PM |
| Colony NorthStar Announces First Quarter 2017 Financial Results
finance.yahoo.com - May 9 at 9:20 PM |
| Colony NorthStar, Inc. :CLNS-US: Earnings Analysis: Q4, 2016 By the Numbers : May 9, 2017
finance.yahoo.com - May 9 at 4:19 PM |
| NorthStar Realty Europe leases five vacant floors at the Trianon Tower (Frankfurt) to Deutsche Bundesbank on new 10 year lease
www.bizjournals.com - May 9 at 8:12 AM |
| REIT Q1 Earnings Coming Up on May 9: REG, CLNS, WPC, NHI
finance.yahoo.com - May 8 at 9:56 AM |
| Texas groups trade Seventh Avenue development for $16M
www.bizjournals.com - May 3 at 9:22 PM |
| Colony NorthStar Inc (CLNS) Upgraded at Zacks Investment Research
www.americanbankingnews.com - May 2 at 11:12 PM |
| First Week of December 15th Options Trading For Colony NorthStar (CLNS)
www.nasdaq.com - April 25 at 4:09 PM |
| Colony NorthStar Inc (CLNS) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - April 21 at 12:19 PM |
| Wedbush Lowers Colony NorthStar Inc (CLNS) Price Target to $17.25
www.americanbankingnews.com - April 21 at 9:17 AM |
| Colony NorthStar, Inc. Announces First Quarter 2017 Earnings Release and Conference Call Date
finance.yahoo.com - April 12 at 4:21 PM |
| Colony NorthStar, Inc. : CLNS-US: Dividend Analysis : March 31st, 2017 (record date) : By the numbers : April 11, 2017
finance.yahoo.com - April 11 at 12:22 PM |
| NorthStar Realty Europe Corp. Announces Appointment of New Chief Financial Officer
www.bizjournals.com - April 7 at 9:03 AM |
NorthStar Asset Management Group (CLNS) Chart for Monday, July, 24, 2017
