About Northstar Realty Europe (NYSE:NRE)
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 NorthStar, Inc. (NYSE: CLNS), a leading global equity REIT with an embedded investment management platform. For more information about NorthStar Realty Europe Corp., please visit www.nrecorp.com.
Industry, Sector and Symbol
Industry Real estate investment trusts
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$129.92 million
Price / Sales5.80
Cash Flow$2.3924 per share
Price / Cash6.04
Book Value$11.27 per share
Price / Book1.28
EPS (Most Recent Fiscal Year)N/A
Return on Equity8.12%
Return on Assets2.55%
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 declared a quarterly dividend on Tuesday, May 8th. Shareholders of record on Monday, May 21st will be given a dividend of $0.15 per share on Friday, May 25th. This represents a $0.60 annualized dividend and a dividend yield of 4.15%. The ex-dividend date is Friday, May 18th. View Northstar Realty Europe's Dividend History.
How will Northstar Realty Europe's stock buyback program work?
Northstar Realty Europe announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, March 14th 2018, which allows the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically 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) released its earnings results on Thursday, May, 10th. The financial services provider reported $0.23 EPS for the quarter, missing analysts' consensus estimates of $0.25 by $0.02. The financial services provider earned $33.57 million during the quarter, compared to analysts' expectations of $32.86 million. Northstar Realty Europe had a positive return on equity of 8.12% and a negative net margin of 12.85%. View Northstar Realty Europe's Earnings History.
When is Northstar Realty Europe's next earnings date?
What price target have analysts set for NRE?
3 brokers have issued 1 year price targets for Northstar Realty Europe's shares. Their predictions range from $16.50 to $17.00. On average, they expect Northstar Realty Europe's stock price to reach $16.8333 in the next twelve months. View Analyst Ratings for Northstar Realty Europe.
What are Wall Street analysts saying about Northstar Realty Europe stock?
Here are some recent quotes from research analysts about Northstar Realty Europe stock:
- 1. According to Zacks Investment Research, "Northstar Realty Europe Corp. is a real estate investment trust which focused commercial real estate. It operates primarily in Berlin, Frankfurt, Hamburg, London, Paris, Amsterdam, Milan, Brussels and Madrid. Northstar Realty Europe Corp. is based in New York. " (6/16/2018)
- 2. FBR & Co analysts commented, "We are initiating coverage of NorthStar Realty Europe Corp. (NRE) with a Buy rating and a 12-month price target of $17 per share, representing 30% potential upside from where the shares are currently trading. NRE owns a core portfolio of prime class A office assets in several core markets that also happen to be some of the healthiest and most liquid markets in Western Europe (Paris, London, and select cities in Germany). These are significantly undersupplied CBD office markets where capital continues to pour in and compress cap rates." (10/31/2017)
Who are some of Northstar Realty Europe's key competitors?
Some companies that are related to Northstar Realty Europe include Brandywine Realty Trust (BDN), Keppel REIT (KREVF), Physicians Realty Trust (DOC), Retail Properties of America (RPAI), Empire State Realty Trust (ESRT), Corporate Office Properties Trust (OFC), Two Harbors Investment (TWO), Outfront Media (OUT), Pebblebrook Hotel Trust (PEB), Corporate Express common stock (CXP), Great Portland Estates (GPEAF), STAG Indl Inc/SH SH (STAG), Corecivic (CXW), Rexford Industrial Realty (REXR) and Colony Northstar Credit Real Estate (CLNC).
Who are Northstar Realty Europe's key executives?
Northstar Realty Europe's management team includes the folowing people:
- Mr. Mahbod Nia, Pres, CEO & Director (Age 42)
- Mr. Keith A. Feldman, Treasurer & CFO (Age 41)
- Mr. Trevor Kincaid Ross, Gen. Counsel & Sec. (Age 40)
Has Northstar Realty Europe been receiving favorable news coverage?
Headlines about NRE stock have been trending somewhat positive on Monday, according to Accern Sentiment. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Northstar Realty Europe earned a media sentiment score of 0.12 on Accern's scale. They also gave news articles about the financial services provider an impact score of 46.55 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
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. (7.62%), Private Management Group Inc. (2.94%), Overbrook Management Corp (2.56%), Ranger Global Real Estate Advisors LLC (1.64%), Dimensional Fund Advisors LP (1.40%) and Millennium Management LLC (1.29%). 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 Epoch Investment Partners Inc., Millennium Management LLC, OMERS ADMINISTRATION Corp, American Century Companies Inc., Punch & Associates Investment Management Inc., Ranger Global Real Estate Advisors LLC, BNP Paribas Arbitrage SA and Citigroup Inc.. 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 Overbrook Management Corp, Private Management Group Inc., GSA Capital Partners LLP, Schwab Charles Investment Management Inc., Dimensional Fund Advisors LP, Summit Securities Group LLC, California Public Employees Retirement System and Group One Trading L.P.. 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 $14.45.
How big of a company is Northstar Realty Europe?
Northstar Realty Europe has a market capitalization of $743.70 million and generates $129.92 million in revenue each year.
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 (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.