Colony Capital Inc. (NYSE:CLNY) currently has a daily average trading volume of 7.73M but it saw 17325280 shares traded on Monday. With a market cap of 1.29B USD stock’s current market price of $2.78 came rising about 3.35 while comparing to the previous closing price of $2.69. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.14 and as low as $1.33. In the recent trading on the day, stock has struck highest price mark of $3.07 while lowest mark touched by it was $2.72.
Taking a look at 20-day trading activity of Colony Capital Inc. (CLNY) gives us an average price of $2.11, while its current price level is -54.72% below from 52-week high level whereas it is 109.02% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.34 while that of 200 days or SMA-200 reads an average of $3.30. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.98% during that period while stretching the period over a month that decreases to 6.87%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 72.35 which implies that the stock is in overbought territory.
Colony Capital Inc. (CLNY)’s stock is currently under the radar of 2 analysts who are in consensus at a 12-month price target range of between $2.50 and $4.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $2.50 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $4.00. Average price target assigned by them is $3.25 which highlights an upside potential of 14.46% for the stock over that period. And to attain the median price target of $3.25 assigned by those analysts, stock has to add about 14.46% of value to its current levels.
Data by FactSet Research shows that 2 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 1 analysts suggested the investors to Buy the stock while 1 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Overweight for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, CLNY’s stock price is moving 20.35% up while it is 46.32% when we observe its performance for the past one month. Year-to-date it is -41.47% down and over the past year, the stock is showing a downside performance of -37.53%.
The latest quarterly earnings report issued by the company was for quarter ended 6/29/2020, when its quarterly earnings per share (EPS) of -$4.33 beaten by the consensus estimate of -$0.36 for the same. The company is expected to be releasing its next quarterly report in 11/12/2020, for which analysts forecasted an EPS of -$0.21 while estimate for next year EPS is -$5.38. For CLNY, analysts are forecasting an EPS-growth rate of -123.20% for current year and estimate for EPS growth in next year is 88.10%. In next quarter, company is expected to be making quarterly sales of $30 million as analysts are expecting the sales for current fiscal year at $115.9 million and seeing the company making $107 million in sales next year. Moreover, analysts are in estimates of $30.6 million for current-quarter revenue.
Currently, Colony Capital Inc.’s total number of outstanding shares is 471.25M with 1.96% of that held by the insiders while 80.65% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -12.10% and return on equity (ROE) at -85.60%. Stock’s beta reads 1.90. Stock has a price to book (P/B) ratio of 0.75 while price to sale or P/S ratio amounts to 0.62. Its return on asset (ROA) is -15.50% on average.
A filing at the U.S. Securities and Exchange Commission revealed that Caisse de Dépôt & Placement du Qu came shrinking its share ownership by 19.32% in the Colony Capital Inc. (CLNY) increasing its stake to 6.66% with control over 5.19 million shares in the company. As per SEC documents, Caisse de Dépôt & Placement du Qu sought 32,031,495 of company’s common stock of worth $61.5 million as per recent closing price of the stock. Caisse de Dépôt & Placement du Qu is not the only institutional holder which restructured its stake in Colony Capital Inc., as Vanguard Real Estate Index Fund picked 21,799,685 shares of worth $41.86 million to bring its holdings to a total of 0.16 million shares. In the most recent quarter, Vanguard Total Stock Market Index came cutting its stake by -6.31% in the company and now holds 13.14 million or 2.73% of the company’s stake having worth of about 25.22 million.