Northstar Realty Finance (NYSE:NRF) : 2 brokerage houses believe that Northstar Realty Finance (NYSE:NRF) is a Strong Buy at current levels. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Northstar Realty Finance (NYSE:NRF). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 4 Wall Street Analysts endorse the stock as a Buy with a rating of 2.
Northstar Realty Finance (NYSE:NRF) : 4 Wall Street analysts covering Northstar Realty Finance (NYSE:NRF) believe that the average level the stock could reach for the short term is $19.81. The maximum price target given is $24 and the minimum target for short term is around $13, hence the standard deviation is calculated at $4.96.
Company shares have received an average consensus rating of Hold for the current week
Northstar Realty Finance (NYSE:NRF): stock turned positive on Tuesday. Though the stock opened at $11.1, the bulls momentum made the stock top out at $11.38 level for the day. The stock recorded a low of $11.001 and closed the trading day at $11.1, in the green by 1.65%. The total traded volume for the day was 2,205,849. The stock had closed at $10.92 in the previous days trading.
In an insider trading activity, Schoenherr Charles W, director of Northstar Realty Finance Corp., executed a transaction worth $49,440 on December 11, 2015. A total of 3,000 shares were purchased at an average price of $16.48. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
NorthStar Realty Finance Corp. is a commercial real estate company. The Company invests in multiple asset classes across commercial real estate (CRE). Its portfolio consists of healthcare, hotel, manufactured housing communities, net lease, multifamily properties and international real estate, with a focus on Europe. It also invests in other opportunistic real estate investments, such as indirect interests in real estate through real estate private equity funds. The Company also acquires hotel and certain healthcare properties through structures permitted by the real estate investment trust (REIT) investment diversification and empowerment. The Companys segments include Real Estate, Commercial Real Estate Debt (CRE debt), Commercial Real Estate Securities, N-Star CDOs and Corporate. Its real estate equity investments that operate under the RIDEA structure generate resident and hotel guest related income from short-term residential agreements.