Northstar Realty Finance (NYSE:NRF) : Currently there are 4 street experts covering Northstar Realty Finance (NYSE:NRF) stock. The most bullish and bearish price target for the stock is $24 and $13 respectively for the short term. The average price target of all the analysts comes to $19.81. The estimated standard deviation from the target is $4.96.
NorthStar Realty Finance Corp. has lost 5.3% in the last five trading days and dropped 15.33% in the last 4 weeks. NorthStar Realty Finance Corp. has dropped 9.16% during the last 3-month period . Year-to-Date the stock performance stands at -28.69%.
Northstar Realty Finance (NYSE:NRF) : 4 analysts are covering Northstar Realty Finance (NYSE:NRF) and their average rating on the stock is 2, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Northstar Realty Finance (NYSE:NRF): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.27 and $11.05 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.43. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.43, notching a gain of 1.24% for the day. The total traded volume was 3,068,442 . The stock had closed at $11.29 on the previous day.
In an insider trading activity, Schoenherr Charles W, director of Northstar Realty Finance Corp., executed a transaction worth $49,440 on December 11, 2015. A total of 3,000 shares were purchased at an average price of $16.48. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
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.