Newcastle Investment Corp. (NCT) to Release Earnings on Friday
Newcastle Investment Corp. (NYSE:NCT) is scheduled to release its Q114 earnings data on Friday, May 2nd.
Newcastle Investment Corp. (NYSE:NCT) last released its earnings data on Friday, February 28th. The company reported $0.08 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.09 by $0.01.
Newcastle Investment Corp. (NYSE:NCT) opened at 4.49 on Thursday. Newcastle Investment Corp. has a 52-week low of $3.9496 and a 52-week high of $5.042. The stock’s 50-day moving average is $4. and its 200-day moving average is $4.69. The company has a market cap of $1.578 billion and a price-to-earnings ratio of 8.57.
NCT has been the subject of a number of recent research reports. Analysts at Credit Suisse cut their price target on shares of Newcastle Investment Corp. from $6.50 to $5.50 in a research note on Monday, March 3rd. On the ratings front, analysts at Keefe, Bruyette & Woods cut their price target on shares of Newcastle Investment Corp. from $5.50 to $4.50 in a research note on Monday, March 3rd. Finally, analysts at Compass Point downgraded shares of Newcastle Investment Corp. from a “buy” rating to a “neutral” rating in a research note on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $5.70.
Newcastle Investment Corp. (NYSE:NCT) is a real estate investment and finance company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.