Northstar Realty Finance Corp. Reaches New 12-Month High at $13.84 (NRF)
Shares of Northstar Realty Finance Corp. (NYSE:NRF) hit a new 52-week high on Thursday, Stock Ratings Network.com reports. The company traded as high as $13.84 and last traded at $13.81, with a volume of 13,420,627 shares trading hands. The stock had previously closed at $13.45.
A number of research firms have recently commented on NRF. Analysts at JMP Securities raised their price target on shares of Northstar Realty Finance Corp. to $15.00 in a research note to investors on Monday. Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of Northstar Realty Finance Corp. from $11.50 to $14.00 in a research note to investors on Wednesday, December 18th. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Northstar Realty Finance Corp. in a research note to investors on Wednesday, December 11th. They now have a $12.50 price target on the stock. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $12.53.
Northstar Realty Finance Corp. has a one year low of $7.13 and a one year high of $13.48. The stock’s 50-day moving average is $11.0 and its 200-day moving average is $9.71. The company’s market cap is $3.298 billion.
Northstar Realty Finance Corp. (NYSE:NRF) last posted its quarterly earnings results on Friday, November 1st. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.15. The company had revenue of $148.15 million for the quarter, compared to the consensus estimate of $179.99 million. During the same quarter in the previous year, the company posted $0.28 earnings per share. On average, analysts predict that Northstar Realty Finance Corp. will post $1.11 earnings per share for the current fiscal year.
NorthStar Realty Finance Corp. is an internally managed real estate finance company. It originates, acquires and manages portfolios of commercial real estate debt, commercial real estate securities and net lease properties.
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