About Northstar Realty Europe (NYSE:NRE)
NorthStar Realty Europe Corp. is a real estate investment trust (REIT). The Company is a European focused commercial real estate company with primary office properties in cities within Germany, the United Kingdom and France. Its objective is to provide its stockholders with stable and recurring cash flow supplemented by capital growth over time. The Company conducts its business through two segments: Real Estate and Corporate. Its European commercial real estate business is primarily focused on office properties. Its portfolio consists of approximately 48 properties and a total of approximately 495,588 square meters of rentable space, located in various European markets, including Frankfurt, Hamburg, Berlin, London, Paris, Amsterdam, Milan, Brussels and Madrid. Its overall portfolio is over 87% occupied. In addition, it owns over two hotels, which are leased to third-party operators. It is externally managed and advised by an affiliate of NorthStar Asset Management Group Inc. (NSAM).
Industry, Sector and Symbol
Industry REAL ESTATE
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$129.92 million
Price / Sales5.43
Cash Flow$2.42 per share
Price / Cash5.25
Book Value$11.27 per share
Price / Book1.13
Return on Equity8.12%
Return on Assets2.56%
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 Thursday, March 8th. Shareholders of record on Monday, March 19th will be paid a dividend of $0.15 per share on Friday, March 23rd. This represents a $0.60 annualized dividend and a yield of 4.71%. The ex-dividend date is Friday, March 16th. 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 share repurchase plan on Wednesday, March 14th 2018, which authorizes the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.
How were Northstar Realty Europe's earnings last quarter?
Northstar Realty Europe Corp (NYSE:NRE) announced its quarterly earnings results on Tuesday, March, 13th. The financial services provider reported $0.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.11 by $0.12. The financial services provider earned $32.55 million during the quarter. Northstar Realty Europe had a positive return on equity of 8.12% and a negative net margin of 23.96%. View Northstar Realty Europe's Earnings History.
When will Northstar Realty Europe make its next earnings announcement?
Where is Northstar Realty Europe's stock going? Where will Northstar Realty Europe's stock price be in 2018?
3 Wall Street analysts have issued twelve-month price targets for Northstar Realty Europe's shares. Their forecasts range from $16.50 to $18.00. On average, they expect Northstar Realty Europe's stock price to reach $17.17 in the next year. 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. " (1/11/2018)
- 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 Marcus & Millichap (MMI), Government Properties Income Trust (GOV), Industrial Logistics Properties Trust (ILPT), Seritage Growth Properties (SRG), St. Joe (JOE), National Storage Affiliates Trust (NSA), Kite Realty Group Trust (KRG), TPG RE Finance Trust (TRTX), Redwood Trust (RWT), Monmouth R.E. Inv. (MNR), Washington Prime Group (WPG), Global Net Lease (GNL), Saul Centers (BFS), KKR Real Estate Finance Trust (KREF), Lifull (NXCLF), Caretrust REIT (CTRE), PennyMac Mortgage Investment Trust (PMT) and Re/Max (RMAX).
Who are Northstar Realty Europe's key executives?
Northstar Realty Europe's management team includes the folowing people:
- David T. Hamamoto, Chairman of the Board (Age 57)
- Mahbod Nia, President, Chief Executive Officer (Age 40)
- Keith A. Feldman, Chief Financial Officer, Treasurer (Age 40)
- Trevor Kincaid Ross, General Counsel, Secretary (Age 39)
- Judith A. Hannaway, lead independent director (Age 64)
- Richard B. Saltzman, Director (Age 60)
- Mario Chisholm, Independent Director (Age 33)
- Dianne Hurley, Independent Director (Age 54)
- Oscar Junquera, Independent Director (Age 63)
Has Northstar Realty Europe been receiving favorable news coverage?
Media coverage about NRE stock has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of 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 0.04 on Accern's scale. They also assigned news coverage about the financial services provider an impact score of 48.88 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
Who are Northstar Realty Europe's major shareholders?
Northstar Realty Europe's stock is owned by a number of of institutional and retail investors. Top institutional investors include Senvest Management LLC (8.59%), BlackRock Inc. (7.64%), Acadian Asset Management LLC (3.62%), Private Management Group Inc. (2.72%), Hilton Capital Management LLC (2.44%) and Overbrook Management Corp (2.13%). Company insiders that own Northstar Realty Europe stock include Albert Tylis, Colony Northstar, Inc, Judith A Hannaway and Mario Chisholm. 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 Overbrook Management Corp, QVT Financial LP, Goldman Sachs Group Inc., Bank of New York Mellon Corp, HBK Investments L P, Metropolitan Life Insurance Co. NY, Senvest Management LLC and Phocas Financial 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 Millennium Management LLC, Renaissance Technologies LLC, Hilton Capital Management LLC, American Century Companies Inc., Deutsche Bank AG, Acadian Asset Management LLC, BlackRock Inc. and Citadel Advisors LLC. Company insiders that have bought Northstar Realty Europe stock in the last two years include Albert Tylis, Colony Northstar, Inc and Mario Chisholm. 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 $12.73.
How big of a company is Northstar Realty Europe?
Northstar Realty Europe has a market capitalization of $686.92 million and generates $129.92 million in revenue each year. The financial services provider earns $-31,120,000.00 in net income (profit) each year or ($0.57) on an earnings per share basis.
How can I contact Northstar Realty Europe?
Northstar Realty Europe's mailing address is 399 Park Avenue 18thFloor, 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 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.
Northstar Realty Europe (NYSE:NRE) Earnings History and Estimates Chart
Northstar Realty Europe (NYSE NRE) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|3/13/2018||Q4 2017||$0.11||$0.23||$32.55 million||View||Listen|
|11/9/2017||Q3 2017||$0.12||$0.23||$33.69 million||$34.26 million||View||N/A|
|8/8/2017||Q2 2017||$0.21||$32.39 million||View||N/A|
|5/10/2017||Q1 2017||$0.22||$30.73 million||View||N/A|
|3/15/2017||Q4 2016||$0.17||$31.87 million||View||N/A|
|8/5/2016||Q2 2016||($0.19)||$39.94 million||View||N/A|
|5/13/2016||Q116||($0.49)||$2.20 million||$41.60 million||View||N/A|
|3/22/2016||Q415||($0.55)||$2.52 million||$44.12 million||View||N/A|
Northstar Realty Europe (NYSE:NRE) Earnings Estimates
2018 EPS Consensus Estimate: $0.88
2019 EPS Consensus Estimate: $0.98
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Northstar Realty Europe (NYSE:NRE) Dividend Information
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||-105.26% (Trailing 12 Months of Earnings) |
61.22% (Based on This Year's Estimates)
61.22% (Based on Next Year's Estimates)
Northstar Realty Europe (NYSE:NRE) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Northstar Realty Europe (NYSE NRE) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.20%
Institutional Ownership Percentage: 71.73%
Northstar Realty Europe (NYSE NRE) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|12/1/2017||Colony Northstar, Inc.||Major Shareholder||Buy||99,628||$14.54||$1,448,591.12|| |
|3/31/2016||Albert Tylis||Director||Buy||40,000||$11.55||$462,000.00||411,216|| |
|3/30/2016||Mario Chisholm||Director||Buy||1,950||$11.45||$22,327.50||19,478|| |
|3/29/2016||Judith A Hannaway||Director||Sell||4,913||$11.50||$56,499.50||544|| |
|12/7/2015||Albert Tylis||Director||Buy||100,000||$10.85||$1,085,000.00||100,000|| |
Northstar Realty Europe (NYSE NRE) News Headlines
|Northstar Realty Europe Corp (NRE) Given Consensus Rating of "Hold" by Brokerages|
www.americanbankingnews.com - March 19 at 3:26 AM
|Northstar Realty Europe (NRE) Earns Buy Rating from B. Riley|
www.americanbankingnews.com - March 17 at 10:34 PM
|Northstar Realty Europe (NRE) Given a $18.00 Price Target by B. Riley Analysts|
www.americanbankingnews.com - March 17 at 2:57 PM
|Q1 2018 Earnings Estimate for Northstar Realty Europe Corp Issued By B. Riley (NRE)|
www.americanbankingnews.com - March 16 at 8:12 AM
|Northstar Realty Europe Sees Unusually Large Options Volume (NRE)|
www.americanbankingnews.com - March 16 at 8:02 AM
|NorthStar Realty Europe Corp. 2017 Q4 - Results - Earnings Call Slides|
seekingalpha.com - March 14 at 6:31 PM
|Share Buyback Program Approved by Northstar Realty Europe (NRE) Board |
www.americanbankingnews.com - March 14 at 11:10 AM
|Is Northstar Realty Europe Corp (NYSE:NRE) A Strong Dividend Stock?|
finance.yahoo.com - March 14 at 9:22 AM
|Northstar Realty Europe (NRE) Issues Quarterly Earnings Results|
www.americanbankingnews.com - March 13 at 1:18 PM
|BRIEF-Northstar Realty Europe Corp Qtrly U.S. GAAP Earnings Per Share $0.02|
www.reuters.com - March 13 at 8:58 AM
|Northstar Realty Europe Announces Fourth Quarter and Full Year 2017 Results|
finance.yahoo.com - March 13 at 8:58 AM
|NorthStar Realty Europe (NRE) Declares $0.15 Quarterly Dividend; 5.7% Yield|
www.streetinsider.com - March 9 at 9:04 AM
|Northstar Realty Europe Corp (NRE) to Issue Quarterly Dividend of $0.15|
www.americanbankingnews.com - March 8 at 6:37 PM
|NorthStar Realty Europe Corp. Declares Fourth Quarter 2017 Common Stock Dividend|
finance.yahoo.com - March 7 at 5:57 PM
|Northstar Realty Europe (NRE) Scheduled to Post Quarterly Earnings on Tuesday|
www.americanbankingnews.com - March 6 at 2:32 AM
|Citadel Advisors LLC Has $1.12 Million Stake in Northstar Realty Europe Corp (NRE)|
www.americanbankingnews.com - March 4 at 5:32 AM
|Overbrook Management Corp Sells 392,720 Shares of Northstar Realty Europe Corp (NRE)|
www.americanbankingnews.com - February 27 at 2:48 PM
|Senvest Management LLC Has $63.89 Million Holdings in Northstar Realty Europe Corp (NRE)|
www.americanbankingnews.com - February 26 at 4:02 PM
|Private Management Group Inc. Has $20.27 Million Stake in Northstar Realty Europe Corp (NRE)|
www.americanbankingnews.com - February 25 at 2:31 PM
|American Century Companies Inc. Has $3.79 Million Stake in Northstar Realty Europe Corp (NRE)|
www.americanbankingnews.com - February 24 at 4:12 AM
|Northstar Realty Europe Corp (NRE) Receives Average Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - February 22 at 3:32 AM
|NorthStar Realty Europe Corp Becomes Oversold|
www.nasdaq.com - January 26 at 4:01 PM
|Contrasting TIER REIT (TIER) & Northstar Realty Europe (NRE)|
www.americanbankingnews.com - January 14 at 11:30 AM
|Northstar Realty Europe Corp (NRE) Given Average Rating of "Buy" by Analysts|
www.americanbankingnews.com - January 3 at 3:36 PM
|Northstar Realty Europe (NRE) Upgraded to "Buy" by Zacks Investment Research|
www.americanbankingnews.com - January 3 at 1:20 PM
|Detailed Research: Economic Perspectives on Verisk Analytics, XPO Logistics, Tivity Health, Deluxe, NorthStar Realty Europe, and ION Geophysical — What Drives Growth in Today's Competitive Landscape|
finance.yahoo.com - January 3 at 8:49 AM
| Northstar Realty Europe Corp (NRE) Receives Consensus Rating of "Strong Buy" from Brokerages|
www.americanbankingnews.com - January 1 at 3:52 AM
|Zacks: Northstar Realty Europe Corp (NRE) Receives Average Recommendation of "Strong Buy" from Brokerages|
www.americanbankingnews.com - December 16 at 5:16 AM
|NorthStar Realty Europe Corp. breached its 50 day moving average in a Bearish Manner : NRE-US : December 15, 2017|
finance.yahoo.com - December 15 at 10:02 AM
|ValuEngine Lowers Northstar Realty Europe (NRE) to Hold|
www.americanbankingnews.com - December 2 at 11:58 PM
|Northstar Realty Europe Corp (NRE) Major Shareholder Colony Northstar, Inc. Purchases 99,628 Shares|
www.americanbankingnews.com - December 1 at 8:58 PM
| Northstar Realty Europe Corp (NRE) Given $16.75 Average Target Price by Analysts|
www.americanbankingnews.com - December 1 at 5:51 AM
|NorthStar Realty Europe (NRE) vs. Brandywine Realty Trust (BDN) Critical Survey|
www.americanbankingnews.com - November 28 at 5:20 PM
| NorthStar Realty Europe Corp. (NRE) Receives Consensus Recommendation of "Strong Buy" from Analysts|
www.americanbankingnews.com - November 26 at 7:31 PM
|NorthStar Realty Europe (NRE) Agrees to Sell Woking Office Asset in Greater London for Approximately $85.3M|
www.streetinsider.com - November 24 at 5:31 PM
|NorthStar Realty Europe Sells Woking Office Asset in Greater London for Approximately £72 Million|
finance.yahoo.com - November 24 at 9:22 AM
|Zacks: Analysts Set $16.75 Price Target for NorthStar Realty Europe Corp. (NRE)|
www.americanbankingnews.com - November 10 at 11:44 PM
|Tahithromos, L.L.C. Buys Colony NorthStar Inc, Infosys, New York REIT Inc, Sells HDFC Bank, ...|
www.nasdaq.com - November 10 at 8:58 AM
|Edited Transcript of NRE earnings conference call or presentation 9-Nov-17 2:00pm GMT|
finance.yahoo.com - November 10 at 8:58 AM
|BRIEF-Northstar Realty Europe announces Q3 loss per share $0.12|
www.reuters.com - November 9 at 3:57 PM
|Northstar Realty Europe Announces Third Quarter 2017 Results|
finance.yahoo.com - November 9 at 9:28 AM
|Northstar Realty Europe Corp. to Host Earnings Call|
finance.yahoo.com - November 9 at 9:28 AM
|NorthStar Realty Europe Corp. to Issue Quarterly Dividend of $0.15 (NRE)|
www.americanbankingnews.com - November 7 at 5:54 PM
|NorthStar Realty Europe Corp. Declares Third Quarter 2017 Common Stock Dividend|
finance.yahoo.com - November 7 at 7:47 AM
|NorthStar Realty Europe Corp. (NRE) Forecasted to Earn Q3 2017 Earnings of $0.12 Per Share|
www.americanbankingnews.com - November 2 at 6:48 AM
|Northstar Realty Europe Corp (NRE) to Release Quarterly Earnings on Thursday|
www.americanbankingnews.com - November 2 at 1:50 AM
|NorthStar Realty Europe Corp. (NRE) Earns Buy Rating from FBR & Co|
www.americanbankingnews.com - October 31 at 6:58 AM
|NorthStar Realty Europe Announces Third Quarter 2017 Earnings Conference Call Date|
finance.yahoo.com - October 28 at 9:49 AM
|Analyzing Paramount Group (PGRE) and NorthStar Realty Europe Corp. (NRE)|
www.americanbankingnews.com - October 20 at 12:22 PM
| NorthStar Realty Europe Corp. (NRE) Given Consensus Rating of "Strong Buy" by Brokerages|
www.americanbankingnews.com - October 16 at 4:32 AM
Northstar Realty Europe (NYSE:NRE) SEC Filings
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Northstar Realty Europe (NYSE:NRE) Income Statement, Balance Sheet and Cash Flow Statement
Northstar Realty Europe (NYSE NRE) Stock Chart for Thursday, March, 22, 2018