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
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:NRE
CUSIPN/A
Phone212-547-2600
Debt
Debt-to-Equity Ratio0.01
Current Ratio0.05
Quick Ratio0.05
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 / Sales5.54
Cash Flow$2.3613 per share
Price / Cash5.95
Book Value$11.27 per share
Price / Book1.25
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-31,120,000.00
Net Margins-12.85%
Return on Equity8.12%
Return on Assets2.55%
Miscellaneous
EmployeesN/A
Outstanding Shares51,220,000
Market Cap$719.70
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. Stockholders of record on Monday, May 21st will be paid a dividend of $0.15 per share on Friday, May 25th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.27%. The ex-dividend date of this dividend 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 authorized a stock buyback plan on Wednesday, March 14th 2018, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's leadership believes its shares are undervalued.
How were Northstar Realty Europe's earnings last quarter?
Northstar Realty Europe Corp (NYSE:NRE) announced its earnings results on Thursday, May, 10th. The financial services provider reported $0.23 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.25 by $0.02. The financial services provider had revenue of $33.57 million for the quarter, compared to analyst estimates 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 12 month target prices for Northstar Realty Europe's shares. Their forecasts range from $16.50 to $17.00. On average, they expect Northstar Realty Europe's share price to reach $16.8333 in the next year. This suggests a possible upside of 19.8% from the stock's current price. View Analyst Ratings for Northstar Realty Europe.
What is the consensus analysts' recommendation for Northstar Realty Europe?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northstar Realty Europe in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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. " (6/30/2018)
- 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 Empire State Realty Trust (ESRT), Retail Properties of America (RPAI), Two Harbors Investment (TWO), Colony Northstar Credit Real Estate (CLNC), Corporate Express common stock (CXP), Keppel REIT (KREVF), Pebblebrook Hotel Trust (PEB), STAG Indl Inc/SH SH (STAG), DDR (DDR), Great Portland Estates (GPEAF), Rexford Industrial Realty (REXR), DiamondRock Hospitality (DRH), Washington Real Estate Investment Trust (WRE), Apollo Commercial Real Est. Finance (ARI) and Tanger Factory Outlet Centers (SKT).
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 41)
- Mr. Trevor Kincaid Ross, Gen. Counsel & Sec. (Age 40)
- Mr. Gordon Simpson, Investor Relations Contact
Has Northstar Realty Europe been receiving favorable news coverage?
News coverage about NRE stock has been trending positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Northstar Realty Europe earned a news impact score of 0.28 on Accern's scale. They also assigned media stories about the financial services provider an impact score of 45.74 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
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 $14.05.
How big of a company is Northstar Realty Europe?
Northstar Realty Europe has a market capitalization of $719.70 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 (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.
