B. Riley set a $39.00 price target on Colony Starwood Homes (NYSE:SFR) in a research report report published on Wednesday, November 15th. The firm currently has a buy rating on the financial services provider’s stock.
A number of other research analysts have also recently issued reports on SFR. ValuEngine cut Colony Starwood Homes from a buy rating to a hold rating in a report on Monday, October 2nd. Mizuho reaffirmed a neutral rating and issued a $35.00 price target (down from $41.00) on shares of Colony Starwood Homes in a report on Friday, August 11th. Zacks Investment Research raised Colony Starwood Homes from a sell rating to a hold rating in a report on Wednesday, August 16th. Finally, Citigroup initiated coverage on Colony Starwood Homes in a report on Thursday, July 20th. They set a buy rating and a $40.00 price objective for the company. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Colony Starwood Homes presently has an average rating of Buy and an average target price of $37.73.
Colony Starwood Homes (NYSE:SFR) traded down $0.80 during midday trading on Wednesday, hitting $37.13. 18,736,900 shares of the stock were exchanged, compared to its average volume of 1,432,933. The stock has a market capitalization of $4,770.00, a price-to-earnings ratio of 20.50, a price-to-earnings-growth ratio of 4.04 and a beta of 0.77. The company has a quick ratio of 2.62, a current ratio of 2.18 and a debt-to-equity ratio of 1.17. Colony Starwood Homes has a 1-year low of $28.10 and a 1-year high of $38.58.
Colony Starwood Homes (NYSE:SFR) last released its quarterly earnings results on Wednesday, November 8th. The financial services provider reported $0.45 EPS for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.01). Colony Starwood Homes had a negative net margin of 7.41% and a negative return on equity of 1.07%. The firm had revenue of $169.70 million during the quarter, compared to the consensus estimate of $163.69 million. Colony Starwood Homes’s revenue for the quarter was up 16.2% compared to the same quarter last year. equities research analysts predict that Colony Starwood Homes will post 1.83 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 7th. Investors of record on Tuesday, October 24th were given a $0.11 dividend. The ex-dividend date was Monday, October 23rd. This represents a $0.44 annualized dividend and a dividend yield of 1.19%. Colony Starwood Homes’s dividend payout ratio is presently -314.29%.
Several institutional investors and hedge funds have recently modified their holdings of the stock. Public Employees Retirement System of Ohio bought a new stake in shares of Colony Starwood Homes during the 3rd quarter worth approximately $5,258,000. Eii Capital Management Inc. bought a new stake in shares of Colony Starwood Homes during the 3rd quarter worth approximately $1,109,000. California Public Employees Retirement System raised its stake in Colony Starwood Homes by 13.8% in the 3rd quarter. California Public Employees Retirement System now owns 111,434 shares of the financial services provider’s stock valued at $4,053,000 after acquiring an additional 13,474 shares during the period. Zions Bancorporation bought a new stake in Colony Starwood Homes in the 3rd quarter valued at $124,000. Finally, Jane Street Group LLC raised its stake in Colony Starwood Homes by 46.2% in the 3rd quarter. Jane Street Group LLC now owns 10,235 shares of the financial services provider’s stock valued at $372,000 after acquiring an additional 3,233 shares during the period.
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About Colony Starwood Homes
Starwood Waypoint Homes, formerly Colony Starwood Homes, is an internally managed real estate investment trust (REIT). The Company was formed primarily to acquire, renovate, lease and manage residential assets in select markets across the United States. It is focused on acquiring single-family rental (SFR) homes through a variety of channels, renovating these homes to the extent necessary and leasing them to qualified residents.
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