Northstar Realty Finance Corp. (NYSE:NRF) is expected to pay $0.40 on Nov 18, 2016. The indicated annual dividend is $1.60. Shareholders owning the stock before Nov 9, 2016 will be eligible to receive the payout. Based on Northstar Realty Finance Corp.’s current price of $14.97, the dividend is 2.67%. This dividend’s record date is Nov 14, 2016 and the announcement date is Nov 2, 2016. The stock increased 1.91% or $0.28 during the last trading session, hitting $14.97. Northstar Realty Finance Corp (NYSE:NRF) has risen 15.40% since April 5, 2016 and is uptrending. It has outperformed by 13.44% the S&P500.
NorthStar Realty Finance Corp. is a commercial real estate company. The company has a market cap of $2.70 billion. The Firm invests in multiple asset classes across commercial real estate . It currently has negative earnings. The Company’s portfolio consists of healthcare, hotel, manufactured housing communities, net lease and multifamily properties.
Insitutional Activity: The institutional sentiment increased to 0.5 in Q2 2016. Its up 0.12, from 0.38 in 2016Q1. The ratio improved, as 3 funds sold all Northstar Realty Finance Corp shares owned while 1 reduced positions. 1 funds bought stakes while 1 increased positions. They now own 8,090 shares or 98.42% less from 512,093 shares in 2016Q1.
Jnba Advsrs, a Minnesota-based fund reported 2,595 shares. Tru Department Mb State Bank N A accumulated 0% or 5 shares. Focused Wealth Management owns 5,490 shares or 0.03% of their US portfolio.
Northstar Realty Finance Corp (NYSE:NRF) Ratings Coverage
Out of 4 analysts covering NorthStar Realty Finance (NYSE:NRF), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. NorthStar Realty Finance has been the topic of 8 analyst reports since August 28, 2015 according to StockzIntelligence Inc. FBR Capital downgraded Northstar Realty Finance Corp (NYSE:NRF) rating on Wednesday, June 1. FBR Capital has “Mkt Perform” rating and $12.75 price target. Keefe Bruyette & Woods downgraded Northstar Realty Finance Corp (NYSE:NRF) on Tuesday, February 9 to “Market Perform” rating. FBR Capital maintained Northstar Realty Finance Corp (NYSE:NRF) rating on Monday, March 7. FBR Capital has “Outperform” rating and $18 price target. The firm has “Buy” rating by Deutsche Bank given on Monday, March 14. FBR Capital upgraded it to “Outperform” rating and $16 target price in Friday, October 21 report.
More important recent Northstar Realty Finance Corp (NYSE:NRF) news were published by: Fool.com which released: “Why NorthStar Realty Finance Corp. Stock Plummeted Today” on February 09, 2016, also Nasdaq.com published article titled: “Ex-Div Reminder for NorthStar Realty Finance Corp’s Series B Cumulative …”, Wsj.com published: “NorthStar Asset Management, NorthStar Realty Finance and Colony Capital to Merge” on June 03, 2016. More interesting news about Northstar Realty Finance Corp (NYSE:NRF) was released by: Nasdaq.com and their article: “Commit To Buy NorthStar Realty Finance Corp At $10, Earn 10.5% Using Options” with publication date: September 15, 2016.
NRF Company Profile
NorthStar Realty Finance Corp., incorporated on October 21, 2004, is a commercial real estate company. The Firm invests in multiple asset classes across commercial real estate (CRE). The Company’s portfolio consists of healthcare, hotel, manufactured housing communities, net lease and multifamily properties. The Firm also invests in other opportunistic real estate investments, such as indirect interests in real estate through its investments in private equity funds (PE Investments). The Firm also acquires and operates hotel and certain healthcare properties. The Company’s divisions include Real Estate, Commercial Real Estate Debt (CRE debt), Commercial Real Estate Securities, N-Star CDOs and Corporate. The Company’s real estate equity investments that operate under the REIT Investment Diversification and Empowerment Act (RIDEA) structure generate resident and hotel guest related income from short-term residential agreements. The Firm is externally managed and advised by an affiliate of NorthStar Asset Management Group Inc.
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