Shares of NorthStar Realty Europe Corp. (NYSE:NRE) have been given a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that cover the stock, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy recommendation.

Analysts have set a 12-month consensus target price of $16.75 for the company and are expecting that the company will post $0.15 EPS for the current quarter, according to Zacks. Zacks has also given NorthStar Realty Europe Corp. an industry rank of 171 out of 265 based on the ratings given to related companies.

A number of equities research analysts have recently issued reports on the stock. B. Riley reiterated a “buy” rating and set a $17.00 price target on shares of NorthStar Realty Europe Corp. in a research report on Wednesday, November 1st. FBR & Co assumed coverage on shares of NorthStar Realty Europe Corp. in a research report on Tuesday, October 31st. They set a “buy” rating and a $17.00 price target for the company. JMP Securities assumed coverage on shares of NorthStar Realty Europe Corp. in a research report on Wednesday, October 4th. They set an “outperform” rating and a $16.50 price target for the company. Finally, BidaskClub downgraded shares of NorthStar Realty Europe Corp. from a “hold” rating to a “sell” rating in a research report on Wednesday, August 23rd.

Several institutional investors have recently modified their holdings of the stock. Senvest Management LLC raised its position in shares of NorthStar Realty Europe Corp. by 41.3% during the 2nd quarter. Senvest Management LLC now owns 4,402,909 shares of the financial services provider’s stock worth $55,829,000 after purchasing an additional 1,287,805 shares during the last quarter. State Street Corp raised its position in shares of NorthStar Realty Europe Corp. by 1.1% during the 2nd quarter. State Street Corp now owns 1,817,678 shares of the financial services provider’s stock worth $23,051,000 after purchasing an additional 20,005 shares during the last quarter. Private Management Group Inc. raised its position in shares of NorthStar Realty Europe Corp. by 2.0% during the 3rd quarter. Private Management Group Inc. now owns 1,517,776 shares of the financial services provider’s stock worth $19,443,000 after purchasing an additional 29,853 shares during the last quarter. Hilton Capital Management LLC raised its position in shares of NorthStar Realty Europe Corp. by 2.0% during the 3rd quarter. Hilton Capital Management LLC now owns 1,209,365 shares of the financial services provider’s stock worth $15,492,000 after purchasing an additional 24,108 shares during the last quarter. Finally, Acadian Asset Management LLC raised its position in shares of NorthStar Realty Europe Corp. by 590.6% during the 2nd quarter. Acadian Asset Management LLC now owns 1,207,317 shares of the financial services provider’s stock worth $15,308,000 after purchasing an additional 1,032,499 shares during the last quarter. Hedge funds and other institutional investors own 70.34% of the company’s stock.

NorthStar Realty Europe Corp. (NRE) traded up $0.02 during mid-day trading on Friday, hitting $14.02. 279,503 shares of the stock were exchanged, compared to its average volume of 190,154. NorthStar Realty Europe Corp. has a 52 week low of $9.86 and a 52 week high of $14.27. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.07 and a quick ratio of 0.07.

NorthStar Realty Europe Corp. (NYSE:NRE) last posted its quarterly earnings results on Tuesday, August 8th. The financial services provider reported $0.21 earnings per share (EPS) for the quarter. NorthStar Realty Europe Corp. had a negative net margin of 18.57% and a positive return on equity of 7.73%. The company had revenue of $32.39 million during the quarter. analysts forecast that NorthStar Realty Europe Corp. will post 0.19 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 24th. Investors of record on Monday, November 20th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, November 17th. This represents a $0.60 annualized dividend and a dividend yield of 4.28%. NorthStar Realty Europe Corp.’s dividend payout ratio is currently -136.36%.

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NorthStar Realty Europe Corp. Company Profile

NorthStar Realty Europe Corp. is a real estate investment trust (REIT). The Company is a European focused commercial real estate company with primary office properties in cities within Germany, the United Kingdom and France. Its objective is to provide its stockholders with stable and recurring cash flow supplemented by capital growth over time.

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