Northstar Realty Finance (NRF): Price Target and June Short Interest Disclosure

Northstar Realty Finance (NRF) : 4 investment research analysts covering Northstar Realty Finance (NRF) have an average price target of $19.81 for the near short term. The highest target price given by the Brokerage Firm to the stock is $24 and the lowest target is $13 for the short term. Analysts expect the variance to be within $4.96 of the average price.

Northstar Realty Finance (NRF) stated loss of 79,344 shares or 1.2% in the short interest. The short interest registered from 6,685,468 on June 15,2016 to 6,606,124 on June 30,2016. In terms of floated shares, the shorted positions stood at 3.7%. The stock has been averaging 2,898,382 shares daily in trading and would need 2 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.


Northstar Realty Finance (NYSE:NRF): stock turned positive on Thursday. Though the stock opened at $12.38, the bulls momentum made the stock top out at $12.605 level for the day. The stock recorded a low of $12.24 and closed the trading day at $12.56, in the green by 2.28%. The total traded volume for the day was 2,414,647. The stock had closed at $12.28 in the previous days trading.

NorthStar Realty Finance Corp. is a commercial real estate company. The Company invests in multiple asset classes across commercial real estate (CRE). Its portfolio consists of healthcare, hotel, manufactured housing communities, net lease, multifamily properties and international real estate, with a focus on Europe. It also invests in other opportunistic real estate investments, such as indirect interests in real estate through real estate private equity funds. The Company also acquires hotel and certain healthcare properties through structures permitted by the real estate investment trust (REIT) investment diversification and empowerment. The Companys segments include Real Estate, Commercial Real Estate Debt (CRE debt), Commercial Real Estate Securities, N-Star CDOs and Corporate. Its real estate equity investments that operate under the RIDEA structure generate resident and hotel guest related income from short-term residential agreements.

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