Colony Capital Inc. (NYSE:CLNY) does about 8.06M shares in volume on a normal day but saw 6275649 shares change hands in Friday trading. The company now has a market cap of 1.37B USD and an enterprise value of about $10.66B. Its current market price is $2.89, marking an increase of 1.40% compared to the previous close of $2.85. The 52 week high reached by this stock is $6.14 whilst the lowest price level in 52 weeks is $1.33. The script in recent trading has seen the stock touch a high of $2.94 and a low of $2.805.
Colony Capital Inc. (CLNY) has a 20-day trading average at $2.54 and the current price is -52.93% off the 52-week high compared with 117.29% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.34 and its 200-day simple moving average is $3.19. If we look at the stock’s price movements over the week, volatility stands at 5.52%, which increases to 6.98% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 68.57 to suggest the stock is neutral.
2 analysts observing the Colony Capital Inc. (CLNY) stock have set the 12-month price targets for the company’s shares at between $2.50 and $4.00. The consensus objective for the share price is $3.25, suggesting that the stock has a potential upside of 11.08% over the period. The median price target is 11.08% away from the current levels at $3.25.
FactSet Research has provided data showing that 2 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Overweight and Wall Street’s advice is for investors to Moderate Buy the stock.
The current price level is 15.95%, 23.65%, and -9.58% away from its SMA20, SMA50, and SMA200 respectively, with the CLNY price moving below the 50-day SMA on August 28. Colony Capital Inc. (CLNY) stock is up 1.76% over the week and 46.70% over the past month. Its price is -39.16% year-to-date and -35.35% over the past year.
The stock last released its quarterly earnings report for quarter ended 6/29/2020, with the company’s earnings per share (EPS) of -$4.33 below consensus estimates by -$3.97. The company’s next earnings report is expected on 11/12/2020, with forecasts estimating quarterly EPS at -$0.21 and -$5.38 for whole year. CLNY’s earnings per share are forecast to shrink by -123.20% this year and 88.10% over next year. Expected sales for next quarter are $30 million, which analysts say will come at $115.9 million for the current fiscal year and next year at $107 million. In addition, estimates put the company’s current quarterly revenue at an average of $30.6 million.
Its 12-month price target is $3.25. To reach the target analysts have set, the stock logically needs to grow 11.08 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $2.50, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $4.00.
Outstanding shares total 471.25M with insiders holding 1.96% of the shares and institutional holders owning 80.65% of the company’s common stock. The company has a return on investment of -12.10% and return on equity of -85.60%. The beta has a value of 2.04. Price to book ratio is 0.78 and price to sales ratio is 0.66.
According to a U.S. Securities and Exchange Commission filing, Caisse de Dépôt & Placement du Qu has added its position in Colony Capital Inc. (CLNY) to 32,031,495 shares, mirroring a recent increase by 19.32%. Caisse de Dépôt & Placement du Qu added 5.19 million shares of Colony Capital Inc. common stock bringing its total worth to about $61.5 million at the end of recent close, SEC documents show. Caisse de Dépôt & Placement du Qu isn’t the only investment manager who changed stakes and is followed by Vanguard Real Estate Index Fund, which sold off -0.12 million shares to end up with 21,680,727 shares worth $41.63 million. Vanguard Total Stock Market Index cut their holdings by -0.09% in the company over the course of the most recent quarter. It now holds a 2.73% position in Colony Capital Inc. thanks to 13.13 million shares amounting to $25.2 million.