NorthStar Realty Europe Corp. is a European focused commercial real estate company with predominately prime office properties within key cities in Germany, the United Kingdom and France, organized as a REIT and managed by an affiliate of Colony Capital, Inc. (NYSE: CLNY), a leading global equity REIT with an embedded investment management platform.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:NRE
Previous Symbol
CUSIPN/A
Phone212-547-2600
Debt
Debt-to-Equity Ratio0.01
Current Ratio0.07
Quick Ratio0.07
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$129.92 million
Price / Sales6.18
Cash Flow$2.3587 per share
Price / Cash6.83
Book Value$11.27 per share
Price / Book1.43
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-31,120,000.00
Net Margins29.13%
Return on Equity8.37%
Return on Assets2.66%
Miscellaneous
EmployeesN/A
Outstanding Shares49,820,000
Market Cap$802.56 million
OptionableOptionable
Northstar Realty Europe (NYSE:NRE) Frequently Asked Questions
What is Northstar Realty Europe's stock symbol?
Northstar Realty Europe trades on the New York Stock Exchange (NYSE) under the ticker symbol "NRE."
How often does Northstar Realty Europe pay dividends? What is the dividend yield for Northstar Realty Europe?
Northstar Realty Europe announced a quarterly dividend on Friday, November 2nd. Stockholders of record on Monday, November 12th will be paid a dividend of $0.15 per share on Friday, November 16th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.72%. The ex-dividend date of this dividend is Friday, November 9th. View Northstar Realty Europe's Dividend History.
How will Northstar Realty Europe's stock buyback program work?
Northstar Realty Europe announced that its board has initiated a stock buyback program on Wednesday, March 14th 2018, which permits the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board believes its shares are undervalued.
How were Northstar Realty Europe's earnings last quarter?
Northstar Realty Europe Corp (NYSE:NRE) announced its quarterly earnings data on Tuesday, November, 6th. The financial services provider reported $0.23 EPS for the quarter, missing the Zacks' consensus estimate of $0.26 by $0.03. The financial services provider earned $28.99 million during the quarter, compared to analysts' expectations of $30.63 million. Northstar Realty Europe had a return on equity of 8.37% and a net margin of 29.13%. View Northstar Realty Europe's Earnings History.
When is Northstar Realty Europe's next earnings date?
What price target have analysts set for NRE?
2 equities research analysts have issued 12 month target prices for Northstar Realty Europe's stock. Their forecasts range from $18.00 to $18.00. On average, they expect Northstar Realty Europe's share price to reach $18.00 in the next twelve months. This suggests a possible upside of 11.7% from the stock's current price. View Analyst Price Targets for Northstar Realty Europe.
What is the consensus analysts' recommendation for Northstar Realty Europe?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northstar Realty Europe in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Northstar Realty Europe.
Has Northstar Realty Europe been receiving favorable news coverage?
Press coverage about NRE stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Northstar Realty Europe earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the near future.
Who are some of Northstar Realty Europe's key competitors?
Some companies that are related to Northstar Realty Europe include MFA Finl Inc/SH (MFA), National Health Investors (NHI), Taubman Centers (TCO), Rexford Industrial Realty (REXR), Physicians Realty Trust (DOC), Outfront Media (OUT), Colony Capital (CLNY), Stag Industrial (STAG), The GEO Group (GEO), Empire State Realty Trust (ESRT), Corporate Office Properties Trust (OFC), Great Portland Estates (GPEAF), Retail Properties of America (RPAI), Keppel REIT (KREVF) and Columbia Property Trust (CXP).
Who are Northstar Realty Europe's key executives?
Northstar Realty Europe's management team includes the folowing people:
- Mr. Mahbod Nia, CEO, Pres & Director (Age 42)
- Mr. Keith A. Feldman, CFO & Treasurer (Age 42)
- Mr. Trevor Kincaid Ross, Gen. Counsel & Sec. (Age 40)
- Mr. Gordon Simpson, Investor Relations Contact
Who are Northstar Realty Europe's major shareholders?
Northstar Realty Europe's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.18%), Schneider Capital Management Corp (0.84%), Bank of New York Mellon Corp (0.83%), Man Group plc (0.81%), Phocas Financial Corp. (0.77%) and Renaissance Technologies LLC (0.72%). View Institutional Ownership Trends for Northstar Realty Europe.
Which institutional investors are selling Northstar Realty Europe stock?
NRE stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Renaissance Technologies LLC, BlackRock Inc., Russell Investments Group Ltd., Paloma Partners Management Co, Prudential Financial Inc., QVT Financial LP and Bank of New York Mellon Corp. View Insider Buying and Selling for Northstar Realty Europe.
Which institutional investors are buying Northstar Realty Europe stock?
NRE stock was acquired by a variety of institutional investors in the last quarter, including Gruss & Co. Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., Chicago Equity Partners LLC, Capital Fund Management S.A., State of Alaska Department of Revenue, PEAK6 Investments LLC and Man Group plc. View Insider Buying and Selling for Northstar Realty Europe.
How do I buy shares of Northstar Realty Europe?
Shares of NRE 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, Scottrade, Fidelity and Charles Schwab.
What is Northstar Realty Europe's stock price today?
One share of NRE stock can currently be purchased for approximately $16.11.
How big of a company is Northstar Realty Europe?
Northstar Realty Europe has a market capitalization of $802.56 million and generates $129.92 million in revenue each year.
What is Northstar Realty Europe's official website?
How can I contact Northstar Realty Europe?
Northstar Realty Europe's mailing address is 590 Madison Avenue 34thFloor, New York NY, 10022. The financial services provider can be reached via phone at 212-547-2600 or via email at [email protected]
MarketBeat Community Rating for Northstar Realty Europe (NYSE NRE)
MarketBeat's community ratings are surveys of what our community members think about Northstar Realty Europe and other stocks. Vote "Outperform" if you believe NRE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NRE will underperform the S&P 500 over the long term. You may vote once every thirty days.
