Colony Credit Real Estate, Inc. (CLNC)
| Market Cap | 1.07B |
| Revenue (ttm) | 306.16M |
| Net Income (ttm) | -266.87M |
| Shares Out | 128.58M |
| EPS (ttm) | -2.08 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $1.20 |
| Dividend Yield | 14.42% |
| Trading Day | January 19 |
| Last Price | $8.32 |
| Previous Close | $7.82 |
| Change ($) | 0.50 |
| Change (%) | 6.39% |
| Day's Open | 8.08 |
| Day's Range | 8.01 - 8.48 |
| Day's Volume | 644,818 |
| 52-Week Range | 2.76 - 13.55 |
Patience is a virtue. We love having income right now, but sometimes it pays to wait. CLNC is trading at more than a 40% discount to book value.
LOS ANGELES--(BUSINESS WIRE)--Colony Credit Real Estate, Inc. (NYSE: CLNC) (the “Company”) today announced the appointment of Frank V. Saracino as Chief Financial Officer and Treasurer of the ...
CLNC has had a rough 2020. It is attempting to transform itself, but I'm not convinced it will work.
NEW YORK, Nov. 9, 2020 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Colony Credit Real Estate, Inc. ("Colony Credit" or the "Company") (NYSE: CLNC...
New York, New York--(Newsfile Corp. - November 9, 2020) - Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Colony Credit Real Estate, In...
Los Angeles, California--(Newsfile Corp. - November 9, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Colon...
Buying low means buying picks that the market is not favoring. We take a look at three REITs that suspended their dividends.
NEW YORK--(BUSINESS WIRE)--Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Colony Credit Real Estate, Inc. ("Colony Credit" or the "Com...
Los Angeles, California--(Newsfile Corp. - November 6, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Colony...
Colony Credit Real Estate's (CLNC) CEO Mike Mazzei on Q3 2020 Results - Earnings Call Transcript
Colony Credit (CLNC) delivered earnings and revenue surprises of 41.18% and 19.54%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
LOS ANGELES--(BUSINESS WIRE)--Colony Credit Real Estate, Inc. (NYSE: CLNC) (“Colony Credit Real Estate” or the “Company”) today announced its financial results for the third quarter ended Sept...
Los Angeles, California--(Newsfile Corp. - November 5, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Colony...
On Thursday, November 05, Colony Credit Real Estate (NYSE: CLNC) will release its latest earnings report. Here is Benzinga's outlook for the company.
Los Angeles, California--(Newsfile Corp. - November 4, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Colon...
Los Angeles, California--(Newsfile Corp. - November 3, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Colon...
Colony Credit (CLNC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
LOS ANGELES--(BUSINESS WIRE)--Colony Credit Real Estate, Inc. (NYSE: CLNC) (“Colony Credit Real Estate” or the “Company”) today announced it will release third quarter 2020 financial results a...
LOS ANGELES--(BUSINESS WIRE)---- $CLNC #CLNC--INVESTOR ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Colony Credit Real Estate, Inc.
New York, New York--(Newsfile Corp. - September 24, 2020) - Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Colony Credit Real Estate,...
LOS ANGELES--(BUSINESS WIRE)---- $CLNC #CLNC--INVESTOR ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Colony Credit Real Estate, Inc.
NEW YORK--(BUSINESS WIRE)--Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Colony Credit Real Estate, Inc. ("Colony Credit" or the "Com...
NEW YORK, Sept. 10, 2020 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Colony Credit Real Estate, Inc.
NEW YORK, Aug. 24, 2020 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Colony Credit Real Estate, Inc.
Colony Credit Real Estate, Inc.'s (CLNC) CEO Mike Mazzei on Q2 2020 Results - Earnings Call Transcript
Colony Credit (CLNC) delivered earnings and revenue surprises of 52.94% and 6.57%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
LOS ANGELES--(BUSINESS WIRE)--Colony Credit Real Estate, Inc. (NYSE: CLNC) (“Colony Credit Real Estate” or the “Company”) today announced its financial results for the second quarter ended Jun...
Colony Credit (CLNC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential breaches of fiduciary duties by management of Colony Capital, Inc. (NYSE: ...
LOS ANGELES--(BUSINESS WIRE)--Colony Credit Real Estate, Inc. (NYSE: CLNC) (“Colony Credit Real Estate” or the “Company”) today announced it will release second quarter 2020 financial results ...
Most dividend stocks pay out quarterly, which doesn’t necessarily suit our typical billing cycles. However, these eight companies offer payouts on a monthly basis.
Colony Credit Real Estate, Inc. (CLNC) CEO Mike Mazzei on Q1 2020 Results - Earnings Call Transcript
Colony Credit Real Estate, Inc. (CLNC) CEO Mike Mazzei on Q1 2020 Results - Earnings Call Transcript
Colony Credit: A Speculative Fire-Sale Mortgage REIT
Colony Credit Real Estate, Inc. (CLNC) CEO Kevin Traenkle on Q4 2019 Results - Earnings Call Transcript
Colony Credit (CLNC) delivered earnings and revenue surprises of 0.00% and -33.29%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Colony Credit (CLNC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
These stocks have mouth-watering dividends, but also all the risks that come with them.
A dividend cut and reduced book value are putting pressure on the stock.
Colony Credit Real Estate Inc. (CLNC) CEO Kevin Traenkle on Q3 2019 Results - Earnings Call Transcript
Colony Credit (CLNC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Colony Credit Real Estate Inc. (CLNC) CEO Kevin Traenkle on Q2 2019 Results - Earnings Call Transcript
Colony Credit Real Estate, Inc. (CLNC) CEO Kevin Traenkle on Q1 2019 Results - Earnings Call Transcript
About CLNC
Colony Credit Real Estate operates as a commercial real estate (CRE) credit real estate investment trust in the United States. It focuses on originating, acquiring, financing, and managing a portfolio of CRE senior mortgage loans, mezzanine loans, preferred equity, debt securities, and net leased properties. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The compa... [Read more...]
| Industry REIT-Diversified | IPO Date Feb 1, 2018 |
| Stock Exchange NYSE | Ticker Symbol CLNC |
Financial Performance
In 2019, CLNC's revenue was $353.97 million, an increase of 18.97% compared to the previous year's $297.53 million. Losses were -$414.51 million, 146.0% more than in 2018.
Analyst Forecasts
According to 2 analysts, the average rating for CLNC stock is "Buy." The 12-month stock price forecast is 10.00, which is an increase of 20.19% from the latest price.