Northstar Realty Finance (NRF) stock is expected to deviate a maximum of $5.27 from the average target price of $18.58 for the short term period. 3 Street Experts have initiated coverage on the stock with the most promising target being $23 and the most muted being $13.
Northstar Realty Finance (NRF) : The consensus on Northstar Realty Finance (NRF) based on 3 analyst recommendation on the company stock is 2.33, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Northstar Realty Finance (NYSE:NRF): The stock opened at $13.35 on Thursday but the bulls could not build on the opening and the stock topped out at $13.43 for the day. The stock traded down to $13.21 during the day, due to lack of any buying support eventually closed down at $13.29 with a loss of -0.37% for the day. The stock had closed at $13.34 on the previous day. The total traded volume was 1,048,433 shares.
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.