NorthStar Asset Management Group Company Profile (NYSE:CLNS)

About NorthStar Asset Management Group (NYSE:CLNS)

NorthStar Asset Management Group logoColony 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: $7.11807 billion
  • Outstanding Shares: 552,103,000
Average Prices:
  • 50 Day Moving Avg: $13.37
  • 200 Day Moving Avg: $13.60
  • 52 Week Range: $12.29 - $16.08
P/E:
  • Trailing P/E Ratio: 150.47
  • Foreward P/E Ratio: 8.51
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $1.78 billion
  • Price / Sales: 4.01
  • Book Value: $13.53 per share
  • Price / Book: 0.96
Dividend:
  • Annual Dividend: $1.08
  • Dividend Yield: 8.4%
Profitability:
  • EBIDTA: $945.3 million
  • Net Margins: 7.95%
  • Return on Equity: 3.04%
  • Return on Assets: 1.37%
Debt:
  • Debt-to-Equity Ratio: 0.90%
  • Current Ratio: 5.07%
  • Quick Ratio: 5.07%
Misc:
  • Average Volume: 2.93 million shs.
  • Beta: 1.55
  • Short Ratio: 3.86
 

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 announced a quarterly dividend on Wednesday, August 9th. Stockholders of record on Saturday, September 30th will be given a dividend of $0.27 per share on Monday, October 16th. This represents a $1.08 annualized dividend and a dividend yield of 8.35%. The ex-dividend date of this dividend is Thursday, September 28th. 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 data on Thursday, August, 4th. The company reported $0.28 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.28. The company earned $97.10 million during the quarter, compared to analyst estimates of $118.43 million. NorthStar Asset Management Group had a return on equity of 3.04% and a net margin of 7.95%. 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 brokers have issued 12-month target prices for NorthStar Asset Management Group's shares. Their predictions range from $15.00 to $20.00. On average, they expect NorthStar Asset Management Group's stock price to reach $16.81 in the next year. 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)

Are investors shorting NorthStar Asset Management Group?

NorthStar Asset Management Group saw a increase in short interest in 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 presently 3.9 days. Approximately 2.7% of the shares of the stock are sold short.

Who are some of NorthStar Asset Management Group's key competitors?

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

Who owns NorthStar Asset Management Group stock?

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

Who bought NorthStar Asset Management Group stock? Who is buying NorthStar Asset Management Group stock?

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.

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 $12.94.


MarketBeat Community Rating for NorthStar Asset Management Group (NYSE CLNS)
Community Ranking:  3.4 out of 5 (star star star)
Outperform Votes:  135 (Vote Outperform)
Underperform Votes:  64 (Vote Underperform)
Total Votes:  199
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.

Analyst Ratings

Consensus Ratings for NorthStar Asset Management Group (NYSE:CLNS) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $16.81 (29.93% upside)

Analysts' Ratings History for NorthStar Asset Management Group (NYSE:CLNS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/5/2017FBR & CoReiterated RatingBuyLowView Rating Details
4/21/2017WedbushReiterated RatingOutperform -> Outperform$26.00 -> $17.25LowView Rating Details
3/31/2017JMP SecuritiesInitiated CoverageMkt Perform -> Market PerformMediumView Rating Details
3/2/2017Royal Bank Of CanadaReiterated RatingBuy$20.00N/AView Rating Details
1/4/2017Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$15.00N/AView Rating Details
3/14/2016Deutsche Bank AGLower Price TargetBuy$24.00 -> $20.00N/AView Rating Details
(Data available from 9/21/2015 forward)

Earnings

Earnings History for NorthStar Asset Management Group (NYSE:CLNS)
Earnings by Quarter for NorthStar Asset Management Group (NYSE:CLNS)
Earnings History by Quarter for NorthStar Asset Management Group (NYSE CLNS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/28/2017Q416$0.30$0.20$87.20 million$99.52 millionViewListenView Earnings Details
11/8/2016Q316$0.30$0.26$91.60 million$95.50 millionViewListenView Earnings Details
8/4/2016Q216$0.28$0.28$118.43 million$97.10 millionViewN/AView Earnings Details
5/10/2016Q116$0.29$0.31$102.77 million$106.43 millionViewListenView Earnings Details
2/26/2016Q415$0.28$0.27$114.86 million$116.90 millionViewListenView Earnings Details
11/9/2015Q315$0.27$0.26$107.84 million$108.10 millionViewN/AView Earnings Details
8/6/2015Q215$0.29$0.29$118.84 million$119.13 millionViewListenView Earnings Details
5/8/2015Q1 2015$0.25$0.20$102.32 million$91.70 millionViewN/AView Earnings Details
2/27/2015Q414$0.20$0.27$92.20 million$119.06 millionViewN/AView Earnings Details
11/6/2014Q314$0.13$0.10$75.90 million$84.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

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

Dividends

Current Dividend Information for NorthStar Asset Management Group (NYSE:CLNS)
Next Dividend:10/16/2017
Annual Dividend:$1.08
Dividend Yield:8.35%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:830.83% (Trailing 12 Months of Earnings)
75.00% (Based on This Year's Estimates)
71.05% (Based on Next Year's Estimates)
Dividend Payments by Quarter for NorthStar Asset Management Group (NYSE:CLNS)

Dividend History by Quarter for NorthStar Asset Management Group (NYSE CLNS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/9/2017Quarterly$0.279/28/20179/30/201710/16/2017
5/11/2017quarterly$0.278.26%6/28/20176/30/20177/17/2017
3/2/2017quarterly$0.277.85%3/29/20173/31/20174/17/2017
11/2/2016Quarterly$0.1011/9/201611/14/201611/18/2016
8/2/2016Quarterly$0.108/11/20168/15/20168/19/2016
5/4/2016Quarterly$0.105/12/20165/16/20165/20/2016
2/25/2016Quarterly$0.103/3/20163/7/20163/11/2016
11/3/2015Quarterly$0.1011/12/201511/16/201511/20/2015
8/4/2015$0.108/13/20158/17/20158/21/2015
5/6/2015quarterly$0.101.87%5/14/20155/18/20155/22/2015
2/26/2015quarterly$0.101.66%3/5/20153/9/20153/13/2015
10/30/2014quarterly$0.1011/6/201411/10/201411/14/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for NorthStar Asset Management Group (NYSE:CLNS)
Insider Ownership Percentage: 7.99%
Institutional Ownership Percentage: 81.30%
Insider Trades by Quarter for NorthStar Asset Management Group (NYSE:CLNS)
Institutional Ownership by Quarter for NorthStar Asset Management Group (NYSE:CLNS)
Insider Trades by Quarter for NorthStar Asset Management Group (NYSE:CLNS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/18/2015Debra Ann HessCFOSell26,000$21.75$565,500.00View SEC Filing  
4/2/2015Daniel R GilbertInsiderSell550,000$23.84$13,112,000.00View SEC Filing  
3/16/2015W D MinamiDirectorSell23,000$24.40$561,200.00View SEC Filing  
3/2/2015David T HamamotoCEOSell400,000$23.74$9,496,000.00View SEC Filing  
3/2/2015Debra Ann HessCFOSell14,000$24.09$337,260.00View SEC Filing  
1/9/2015Albert TylisPresidentSell421,132$21.37$8,999,590.84View SEC Filing  
12/23/2014Debra Ann HessCFOSell31,000$22.18$687,580.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for NorthStar Asset Management Group (NYSE:CLNS)
Latest Headlines for NorthStar Asset Management Group (NYSE:CLNS)
Source:
DateHeadline
americanbankingnews.com logoNorthStar Asset Management Group, Inc. (CLNS) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - September 20 at 8:08 AM
nasdaq.com logoRSI Alert: Colony NorthStar Now Oversold
www.nasdaq.com - September 16 at 4:49 PM
businesswire.com logoColony NorthStar, Inc. Announces Redemption of 8.875% Series C Cumulative Redeemable Perpetual Preferred Stock - Business Wire (press release)
www.businesswire.com - September 13 at 6:32 PM
finance.yahoo.com logoColony NorthStar, Inc. Announces Partial Redemption of 8.25% Series B Cumulative Redeemable Perpetual Preferred Stock
finance.yahoo.com - September 13 at 6:32 PM
finance.yahoo.com logoColony NorthStar, Inc. Announces Redemption of 8.875% Series C Cumulative Redeemable Perpetual Preferred Stock
finance.yahoo.com - September 13 at 6:32 PM
finance.yahoo.com logoColony NorthStar, Inc. Announces Pricing of $275 Million of 7.125% Series J Cumulative Redeemable Perpetual Preferred Stock Offering
finance.yahoo.com - September 13 at 6:32 PM
americanbankingnews.com logoNorthStar Asset Management Group, Inc. (CLNS) Downgraded to "Hold" at ValuEngine
www.americanbankingnews.com - September 9 at 11:22 PM
finance.yahoo.com logoColony NorthStar Announces Agreement to Sell The Townsend Group to Aon
finance.yahoo.com - September 1 at 5:34 PM
americanbankingnews.com logoNorthStar Asset Management Group, Inc. (CLNS) Sees Large Growth in Short Interest
www.americanbankingnews.com - August 30 at 1:50 AM
businesswire.com logoColony NorthStar, NorthStar Real Estate Income Trust and NorthStar ... - Business Wire (press release)
www.businesswire.com - August 29 at 3:23 AM
finance.yahoo.com logoColony NorthStar, NorthStar Real Estate Income Trust and NorthStar Real Estate Income II Announce Creation of Colony NorthStar Credit Real Estate, Inc.
finance.yahoo.com - August 28 at 5:08 PM
americanbankingnews.com logoNorthStar Asset Management Group (CLNS) and Senior Housing Properties Trust (SNH) Head-To-Head Contrast
www.americanbankingnews.com - August 27 at 10:24 PM
americanbankingnews.com logoNorthStar Asset Management Group (CLNS) & Senior Housing Properties Trust (SNH) Head to Head Analysis
www.americanbankingnews.com - August 27 at 10:28 AM
americanbankingnews.com logoHead-To-Head Comparison: NorthStar Asset Management Group (CLNS) and Sutherland Asset Management Corp. (SLD)
www.americanbankingnews.com - August 27 at 8:18 AM
americanbankingnews.com logoNorthStar Asset Management Group, Inc. (CLNS) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - August 26 at 8:30 AM
americanbankingnews.com logoReviewing NorthStar Asset Management Group (CLNS) & Senior Housing Properties Trust (SNH)
www.americanbankingnews.com - August 24 at 1:18 PM
americanbankingnews.com logoNorthStar Asset Management Group, Inc. (NYSE:CLNS) Rating Reiterated by FBR & Co
www.americanbankingnews.com - August 11 at 7:16 PM
americanbankingnews.com logoNorthStar Asset Management Group, Inc. (CLNS) Expected to Post Quarterly Sales of $108.25 Million
www.americanbankingnews.com - August 11 at 5:30 PM
finance.yahoo.com logoColony NorthStar, Inc. breached its 50 day moving average in a Bearish Manner : CLNS-US : August 10, 2017
finance.yahoo.com - August 10 at 6:33 PM
finance.yahoo.com logoEdited Transcript of CLNS.N earnings conference call or presentation 9-Aug-17 2:00pm GMT
finance.yahoo.com - August 9 at 10:27 PM
seekingalpha.com logoColony NorthStar's (CLNS) CEO Darren Tangen on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 9 at 5:25 PM
finance.yahoo.com logoInvestor Network: Colony NorthStar, Inc. to Host Earnings Call
finance.yahoo.com - August 9 at 5:25 PM
americanbankingnews.com logo Brokerages Anticipate NorthStar Asset Management Group, Inc. (NYSE:CLNS) Will Announce Earnings of $0.38 Per Share
www.americanbankingnews.com - August 9 at 8:40 AM
finance.yahoo.com logoNorthStar Asset Management reports 2Q results
finance.yahoo.com - August 8 at 10:14 PM
finance.yahoo.com logoColony NorthStar Announces Second Quarter 2017 Financial Results
finance.yahoo.com - August 8 at 4:59 PM
nasdaq.com logoShikiar Asset Management Inc Buys PayPal Holdings Inc, United Technologies Corp, Cardinal ...
www.nasdaq.com - August 4 at 5:31 PM
americanbankingnews.com logoSenior Housing Properties Trust (SNH) versus NorthStar Asset Management Group (CLNS) Head-To-Head Contrast
www.americanbankingnews.com - August 1 at 12:14 PM
americanbankingnews.com logoNorthStar Asset Management Group, Inc. (CLNS) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - August 1 at 11:08 AM
finance.yahoo.com logoETFs with exposure to Colony NorthStar, Inc. : July 31, 2017
finance.yahoo.com - July 31 at 5:10 PM
finance.yahoo.com logoNorthStar Realty Europe Announces Second Quarter 2017 Earnings Conference Call Date
finance.yahoo.com - July 25 at 5:17 PM
americanbankingnews.com logo$122.01 Million in Sales Expected for NorthStar Asset Management Group, Inc. (CLNS) This Quarter
www.americanbankingnews.com - July 22 at 12:13 PM
americanbankingnews.com logoNorthStar Asset Management Group, Inc. (NYSE:CLNS) Expected to Announce Earnings of $0.37 Per Share
www.americanbankingnews.com - July 20 at 9:15 AM
finance.yahoo.com logoTom Barrack Juggles Trump Defense and Revamped Property Empire
finance.yahoo.com - July 19 at 6:26 PM
americanbankingnews.com logoNorthStar Asset Management Group, Inc. (NYSE:CLNS) Upgraded to Hold by Zacks Investment Research
www.americanbankingnews.com - July 12 at 7:10 PM
finance.yahoo.com logoETFs with exposure to Colony NorthStar, Inc. : July 10, 2017
finance.yahoo.com - July 10 at 5:14 PM
finance.yahoo.com logoColony NorthStar, Inc. Announces Second Quarter 2017 Earnings Release and Conference Call Date
finance.yahoo.com - July 10 at 5:14 PM
americanbankingnews.com logoHead to Head Contrast: NorthStar Asset Management Group (NYSE:CLNS) versus Senior Housing Properties Trust (SNH)
www.americanbankingnews.com - July 10 at 2:21 PM
americanbankingnews.com logoContrasting NorthStar Asset Management Group (CLNS) & Investors Real Estate Trust (IRET)
www.americanbankingnews.com - July 7 at 8:28 PM
americanbankingnews.com logoNorthStar Asset Management Group, Inc. (NYSE:CLNS) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - July 7 at 12:02 PM
finance.yahoo.com logoColony NorthStar Declares Dividend on Series I Preferred Shares
finance.yahoo.com - June 28 at 5:13 PM
americanbankingnews.com logoHead-To-Head Comparison: NorthStar Asset Management Group (CLNS) and Senior Housing Properties Trust (SNH)
www.americanbankingnews.com - June 28 at 4:14 PM
finance.yahoo.com logoETFs with exposure to Colony NorthStar, Inc. : June 27, 2017
finance.yahoo.com - June 27 at 4:36 PM
finance.yahoo.com logoColony NorthStar, Inc. :CLNS-US: Earnings Analysis: Q1, 2017 By the Numbers : June 26, 2017
finance.yahoo.com - June 26 at 5:03 PM
americanbankingnews.com logoNorthStar Asset Management Group, Inc. (CLNS) Expected to Post Quarterly Sales of $122.01 Million
www.americanbankingnews.com - June 25 at 7:30 AM
americanbankingnews.com logo$0.37 Earnings Per Share Expected for NorthStar Asset Management Group, Inc. (CLNS) This Quarter
www.americanbankingnews.com - June 24 at 12:32 AM
finance.yahoo.com logoREIT Stock With 7.5% Dividend, 202% Sales Growth Tests Buy Zone
finance.yahoo.com - June 19 at 2:18 PM
businesswire.com logoColony 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
finance.yahoo.com logoColony NorthStar to Participate in the JMP Securities Financial Services and Real Estate Conference
finance.yahoo.com - June 15 at 6:11 PM
americanbankingnews.com logoNorthStar Asset Management Group, Inc. (CLNS) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - June 12 at 10:58 AM
finance.yahoo.com logoTrump Backer Barrack Denies $190 Million Italian Tax Fraud Claim
finance.yahoo.com - June 1 at 4:54 PM

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Chart

NorthStar Asset Management Group (CLNS) Chart for Thursday, September, 21, 2017

This page was last updated on 9/21/2017 by MarketBeat.com Staff