Analysts have clear opinions on CLNC.
There are 1 analyst offering 12 month price targets for Colony Credit Real Estate in the last 3 months. The average price target is $15.00 with a high forecast of $15.00 and a low forecast of $15.00. The average price target represents a 8.62% increase from the last price of $13.81.
Colony Credit Real Estate, Inc. (CLNC) is followed by 1 analysts on the street.
Randy Binner from B.Riley FBR rates it a Buy with a target of $15.00.
Similarly, 4 months ago Stephen Laws of Raymond James Reiterated a Buy with a target of $18.50.
The consensus on the street is Moderate Buy.
What does Colony Credit Real Estate, Inc.(CLNC) do ?
Colony Credit Real Estate, Inc. operates as a real estate investment trust. It originates, acquires, finances, and manages diversified portfolio consisting primarily of commercial real estate (CRE) senior mortgage loans, mezzanine loans, preferred equity, debt securities and net leased properties predominantly in the United States. It operates through the following segments: Loan Portfolio, CRE Debt Securities, Net Leased Real Estate, Other, and Corporate. The Loan Portfolio segment focuses on CRE debt investments. The CRE Debt Securities segment consists of investing in CMBS. The Net Leased Real Estate segment comprises of investments in commercial real estate. The other segment includes direct investments in non core operating real estate. The Corporate segment deals with corporate level asset management and other fees, related party and general and administrative expenses. The company was founded on August 23, 2017 and is headquartered in Los Angeles, CA.
Colony Credit Real Estate, Inc. (CLNC) Insider Trades
Multiple company employees have indulged in significant insider trading. Colony Credit Real Estate, Inc. disclosed the following in a document filed with the US Securities and Exchange Commission (SEC):
CEO, Pres, Traenkle Kevin P. : P – Purchase(+$1,193,000) of CLNC in the trading session of 2019-11-12.
Dir Tangen Darren J. : P – Purchase(+$1,054,800) of CLNC in the trading session of 2019-11-12.
GC, SECRETARY Palame David A : P – Purchase(+$300,000) of Colony Credit Real Estate, Inc. in the trading session of 2019-11-12.