Is Colony NorthStar, Inc. (CLNS) a Sell? The Stock Reaches 52-Week Low Today

January 19, 2018 - By Darrin Black

The stock of Colony NorthStar, Inc. (NYSE:CLNS) hit a new 52-week low and has $9.31 target or 8.00 % below today’s $10.12 share price. The 8 months bearish chart indicates high risk for the $5.85B company. The 1-year low was reported on Jan, 19 by Barchart.com. If the $9.31 price target is reached, the company will be worth $468.24M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 1.11% or $0.1136 during the last trading session, reaching $10.1164. About 1.63M shares traded. Colony NorthStar, Inc. (NYSE:CLNS) has risen 25.53% since January 19, 2017 and is uptrending. It has outperformed by 8.83% the S&P500.

Analysts await Colony NorthStar, Inc. (NYSE:CLNS) to report earnings on February, 27. They expect $0.34 earnings per share, up 70.00 % or $0.14 from last year’s $0.2 per share. CLNS’s profit will be $196.71 million for 7.44 P/E if the $0.34 EPS becomes a reality. After $0.32 actual earnings per share reported by Colony NorthStar, Inc. for the previous quarter, Wall Street now forecasts 6.25 % EPS growth.

Colony NorthStar, Inc. (NYSE:CLNS) Ratings Coverage

Among 2 analysts covering Colony NorthStar (NYSE:CLNS), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Colony NorthStar had 2 analyst reports since March 31, 2017 according to SRatingsIntel. Wedbush maintained it with “Outperform” rating and $17.25 target in Friday, April 21 report. The stock has “Mkt Perform” rating by JMP Securities on Friday, March 31.

More recent Colony NorthStar, Inc. (NYSE:CLNS) news were published by: Businesswire.com which released: “Colony NorthStar Credit Real Estate, NorthStar Real Estate Income Trust and …” on January 19, 2018. Also Businesswire.com published the news titled: “Colony NorthStar Completes Sale of The Townsend Group to Aon” on January 02, 2018. Nasdaq.com‘s news article titled: “Colony NorthStar, Inc. (CLNS) Ex-Dividend Date Scheduled for December 28, 2017” with publication date: December 27, 2017 was also an interesting one.

The firm invests in the real estate markets of North America and Europe. The company has market cap of $5.85 billion. The Company’s investment portfolio is primarily composed of real estate equity; real estate and real estate-related debt; and investment management of company-sponsored private equity funds and vehicles. It has a 389.09 P/E ratio. The firm invests in wide spectrum of commercial real estate property types, including but not limited to, office, industrial, retail, hospitality, education, single-family and multifamily residential assets, and geographies, primarily within North America and Europe.

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