Somewhat Favorable Media Coverage Somewhat Unlikely to Affect NorthStar Asset Management Group (CLNS) Share Price
News stories about NorthStar Asset Management Group (NYSE:CLNS) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. NorthStar Asset Management Group earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave news headlines about the real estate investment trust an impact score of 46.0581381627091 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern’s scoring:
- NorthStar Asset Management Group (CLNS) and Senior Housing Properties Trust (SNH) Head-To-Head Contrast (americanbankingnews.com)
- NorthStar Asset Management Group (CLNS) & Senior Housing Properties Trust (SNH) Head to Head Analysis (americanbankingnews.com)
- Head-To-Head Comparison: NorthStar Asset Management Group (CLNS) and Sutherland Asset Management Corp. (SLD) (americanbankingnews.com)
- NorthStar Asset Management Group, Inc. (CLNS) Receives Average Recommendation of “Buy” from Analysts (americanbankingnews.com)
- Bemis Company, Inc. (BMS) Trades at New 52-Week Low (highlightpress.com)
Several equities research analysts have recently weighed in on the stock. Zacks Investment Research raised shares of NorthStar Asset Management Group from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. FBR & Co reaffirmed a “buy” rating and issued a $15.00 target price (down previously from $16.00) on shares of NorthStar Asset Management Group in a report on Friday, August 11th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $16.85.
Shares of NorthStar Asset Management Group (CLNS) traded up 0.15% on Friday, hitting $12.97. 984,742 shares of the stock traded hands. The stock has a 50 day moving average of $14.10 and a 200-day moving average of $13.76. The stock has a market cap of $7.16 billion, a PE ratio of 150.81 and a beta of 1.54. NorthStar Asset Management Group has a 1-year low of $11.89 and a 1-year high of $16.08.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Saturday, September 30th will be given a $0.27 dividend. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 8.33%. NorthStar Asset Management Group’s dividend payout ratio is currently 830.83%.
About NorthStar Asset Management Group
Colony NorthStar, Inc is a diversified equity real estate investment trust (REIT). The Company combines a portfolio of real assets across the world, which are managed with a global real estate investment manager. The Company has property holdings in the healthcare, industrial and hospitality sectors, opportunistic equity and debt investments, and an embedded institutional and retail investment management business.
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