Colony Capital (NYSE:CLNY) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, November 7th. Analysts expect the company to announce earnings of $0.14 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.
Colony Capital (NYSE:CLNY) last posted its quarterly earnings data on Wednesday, August 8th. The real estate investment trust reported ($0.19) EPS for the quarter, missing the Zacks’ consensus estimate of $0.09 by ($0.28). The company had revenue of $689.60 million during the quarter, compared to analyst estimates of $660.51 million. Colony Capital had a negative return on equity of 3.87% and a negative net margin of 14.25%. Colony Capital’s revenue was up 1.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.35 earnings per share. On average, analysts expect Colony Capital to post $1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Colony Capital stock opened at $5.79 on Tuesday. The company has a current ratio of 3.68, a quick ratio of 3.68 and a debt-to-equity ratio of 1.00. The company has a market capitalization of $2.84 billion, a P/E ratio of 6.73 and a beta of 1.18. Colony Capital has a one year low of $5.28 and a one year high of $12.75.
A number of equities analysts recently commented on the company. ValuEngine raised Colony Capital from a “sell” rating to a “hold” rating in a research note on Thursday, November 1st. Zacks Investment Research downgraded Colony Capital from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 24th. Finally, JMP Securities set a $9.00 target price on Colony Capital and gave the stock a “buy” rating in a report on Tuesday, October 16th.
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About Colony Capital
Colony Capital, Inc (NYSE: CLNY) is a leading global investment management firm with assets under management of $43 billion. The company manages capital on behalf of its stockholders, as well as institutional and retail investors in private funds, non-traded and traded real estate investment trusts and registered investment companies.
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