Colony Financial (CLNY) Scheduled to Post Earnings on Friday
Colony Financial (NASDAQ:CLNY) will be posting its quarterly earnings results on Friday, May 9th. Persons interested in participating in the company’s earnings conference call can do so using this link.
Colony Financial (NASDAQ:CLNY) last released its earnings data on Thursday, February 20th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.04. On average, analysts expect Colony Financial to post $1.63 EPS for the current fiscal year and $1.92 EPS for the next fiscal year.
Shares of Colony Financial (NASDAQ:CLNY) opened at 21.35 on Thursday. Colony Financial has a 1-year low of $19.03 and a 1-year high of $23.73. The stock’s 50-day moving average is $21.60 and its 200-day moving average is $21.26. The company has a market cap of $1.653 billion and a price-to-earnings ratio of 17.82.
A number of analysts have recently weighed in on CLNY shares. Analysts at Zacks downgraded shares of Colony Financial from a “neutral” rating to an “underperform” rating in a research note on Tuesday, April 8th. They now have a $20.50 price target on the stock. Analysts at FBR Capital Markets raised their price target on shares of Colony Financial from $23.00 to $24.00 in a research note on Monday, March 10th. They now have an “outperform” rating on the stock.
Colony Financial, Inc is a real estate investment and finance company. The Company primarily acquires, originates and manages a diversified portfolio of real estate-related debt instruments.
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