Northstar Realty Europe Stock Price, News & Analysis (NYSE:NRE)

Northstar Realty Europe trades on the New York Stock Exchange (NYSE) under the ticker symbol "NRE."

Northstar Realty Europe announced a quarterly dividend on Friday, August 2nd. Stockholders of record on Monday, August 19th will be paid a dividend of $0.15 per share on Friday, August 23rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.53%. The ex-dividend date of this dividend is Friday, August 16th. View Northstar Realty Europe's Dividend History.

Northstar Realty Europe declared that its board has authorized a share buyback program on Wednesday, March 14th 2018, which allows the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its shares are undervalued.

Northstar Realty Europe Corp (NYSE:NRE) announced its quarterly earnings results on Wednesday, August, 7th. The financial services provider reported $0.13 EPS for the quarter, missing the Zacks' consensus estimate of $0.16 by $0.03. The financial services provider had revenue of $18.16 million for the quarter, compared to the consensus estimate of $18.69 million. Northstar Realty Europe had a return on equity of 5.70% and a net margin of 190.52%. View Northstar Realty Europe's Earnings History.

Northstar Realty Europe is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Northstar Realty Europe.

2 Wall Street analysts have issued 12-month price targets for Northstar Realty Europe's stock. Their predictions range from $17.00 to $18.00. On average, they anticipate Northstar Realty Europe's stock price to reach $17.50 in the next twelve months. This suggests a possible upside of 2.8% from the stock's current price. View Analyst Price Targets 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 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Northstar Realty Europe.

News articles about NRE stock have trended somewhat negative on Saturday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Northstar Realty Europe earned a news sentiment score of -1.5 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Northstar Realty Europe.

Northstar Realty Europe saw a increase in short interest in September. As of September 15th, there was short interest totalling 1,750,000 shares, an increase of 8.7% from the August 15th total of 1,610,000 shares. Based on an average daily trading volume, of 807,400 shares, the days-to-cover ratio is currently 2.2 days. Approximately 4.0% of the shares of the company are sold short. View Northstar Realty Europe's Current Options Chain.

Some companies that are related to Northstar Realty Europe include MFA FINL INC/SH (MFA), Physicians Realty Trust (DOC), Corporate Office Properties Trust (OFC), Hammerson (HMSNF), Agree Realty (ADC), Keppel REIT (KREVF), Paramount Group (PGRE), Apollo Commercial Real Est. Finance (ARI), QTS Realty Trust (QTS), RLJ Lodging Trust (RLJ), American Assets Trust (AAT), Potlatchdeltic (PCH), Retail Properties of America (RPAI), MGM Growth Properties (MGP) and Colony Capital (CLNY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Northstar Realty Europe investors own include Bravura Solutions (BVS), GP Strategies (GPX), AGNC Investment (AGNC), Caterpillar (CAT), Verizon Communications (VZ), Cardlytics (CDLX), Colony NorthStar (CLNS), HCP (HCP), Kinder Morgan (KMI) and Medical Properties Trust (MPW).

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, Robinhood, Fidelity and Charles Schwab.

One share of NRE stock can currently be purchased for approximately $17.02.

Northstar Realty Europe has a market capitalization of $855.94 million and generates $121.97 million in revenue each year. View Additional Information About Northstar Realty Europe.

The official website for Northstar Realty Europe is http://www.nrecorp.com/.

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]