Northstar Realty Europe Corp (NYSE:NRE) – Equities research analysts at B. Riley issued their Q1 2020 earnings per share (EPS) estimates for Northstar Realty Europe in a report released on Thursday, March 14th. B. Riley analyst B. Maher forecasts that the financial services provider will post earnings of $0.13 per share for the quarter. B. Riley also issued estimates for Northstar Realty Europe’s Q2 2020 earnings at $0.13 EPS, Q3 2020 earnings at $0.13 EPS, Q4 2020 earnings at $0.14 EPS and FY2021 earnings at $0.57 EPS.
Northstar Realty Europe (NYSE:NRE) last released its quarterly earnings data on Wednesday, March 13th. The financial services provider reported $0.22 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.02). The business had revenue of $28.40 million during the quarter, compared to analysts’ expectations of $28.93 million. Northstar Realty Europe had a net margin of 29.13% and a return on equity of 8.37%.
NRE stock opened at $17.66 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.07 and a current ratio of 0.07. Northstar Realty Europe has a 12 month low of $12.34 and a 12 month high of $18.44.
The company also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Monday, March 25th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 3.40%. The ex-dividend date of this dividend is Friday, March 22nd.
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Nisa Investment Advisors LLC increased its position in shares of Northstar Realty Europe by 265.0% during the fourth quarter. Nisa Investment Advisors LLC now owns 14,600 shares of the financial services provider’s stock valued at $212,000 after acquiring an additional 10,600 shares during the last quarter. LPL Financial LLC boosted its stake in shares of Northstar Realty Europe by 20.6% in the third quarter. LPL Financial LLC now owns 21,682 shares of the financial services provider’s stock valued at $307,000 after purchasing an additional 3,711 shares during the period. Bank of Montreal Can boosted its stake in shares of Northstar Realty Europe by 139.2% in the fourth quarter. Bank of Montreal Can now owns 91,958 shares of the financial services provider’s stock valued at $1,337,000 after purchasing an additional 53,522 shares during the period. Marshall Wace LLP purchased a new position in shares of Northstar Realty Europe in the third quarter valued at approximately $616,000. Finally, Ibex Investors LLC purchased a new position in shares of Northstar Realty Europe in the fourth quarter valued at approximately $207,000. 62.74% of the stock is currently owned by hedge funds and other institutional investors.
About Northstar Realty Europe
NorthStar Realty Europe Corp. is a European focused commercial real estate company with predominately prime office properties within key cities in Germany, the United Kingdom and France, organized as a REIT and managed by an affiliate of Colony Capital, Inc (NYSE: CLNY), a leading global equity REIT with an embedded investment management platform.
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