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Investment analysts at FBR Capital Markets raised their target price on shares of Northstar Realty Finance Corp. (NYSE:NRF) from $12.00 to $16.00 in a note issued to investors on Tuesday, AmericanBankingNews.com reports. The firm currently has an “outperform” rating on the stock. FBR Capital Markets’ target price points to a potential upside of 15.61% from the company’s current price.

Northstar Realty Finance Corp. (NYSE:NRF) traded up 1.17% during mid-day trading on Tuesday, hitting $13.84. The stock had a trading volume of 23,883,072 shares. Northstar Realty Finance Corp. has a 52-week low of $7.32 and a 52-week high of $13.99. The stock has a 50-day moving average of $11.54 and a 200-day moving average of $9.86. The company’s market cap is $3.318 billion. Northstar Realty Finance Corp. also was the recipient of some unusual options trading activity on Tuesday. Investors purchased 8,381 put options on the company. This is an increase of approximately 1,061% compared to the average volume of 722 put options.

Northstar Realty Finance Corp. (NYSE:NRF) last issued its quarterly earnings data 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 prior 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.

Several other analysts have also recently commented on the stock. 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, December 30th. 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 given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $13.03.

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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