Northstar Realty Finance (NRF) has been under a strong bear grip, hence the stock is down -1.92% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.32% in the past 1 week. The stock has risen by 2.49% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.44% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.14% and the 50-Day Moving Average is 1.07%.The 200 Day SMA reached 6.89%
Northstar Realty Finance (NYSE:NRF): After opening at $12.98, the stock dipped to an intraday low of $12.88 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $13.31 and the buying power remained strong till the end. The stock closed at $13.17 for the day, a gain of 1.62% for the day session. The total traded volume was 1,714,239. The stocks close on the previous trading day was $13.17.
Northstar Realty Finance (NRF) : The highest level Northstar Realty Finance (NRF) is projected to reach is $23 for the short term and the lowest estimate is at $13. The consolidated price target from 2 rating analysts who initiate coverage on the stock is $17.88 and the possibility the share price can swing is $7.25.
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.