B.Riley FBR analyst Randy Binner reiterated a Buy rating on Colony Capital (NYSE:CLNY) Inc on Wednesday, setting a price target of $4, which is approximately 66.67% above the present share price of $2.4.
Binner expects Colony Capital Inc to post earnings per share (EPS) of -$0.76 for the third quarter of 2020.
The current consensus among 1 TipRanks analysts is for a Moderate Buy rating of shares in Colony Capital, with an average price target of $4.
The analysts price targets range from a high of $4 to a low of $4.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $507.51 million and a net profit of -$105.18 million. The company's market cap is $1.2 billion.
According to TipRanks.com, B.Riley FBR analyst Randy Binner is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 5.2% and a 55.71% success rate.
Colony Capital, Inc. is a real estate investment trust, which engages in the acquisition and management of properties. It operates through the following segments: Healthcare, Industrial, Hospitality, Colony Credit Real Estate, Inc. (NYSE:CLNC), Other Equity and Debt, and Investment Management. The Healthcare segment composed of a portfolio of senior housing, skilled nursing facilities, medical office buildings, and hospitals. The Industrial segment invests in light industrial assets throughout the U.S. that serve as the last mile of the logistics chain. The CLNC segment represents the firm's investment in Colony Credit, a commercial real estate credit real estate investment trust. The Hospitality segment relates to extended stay and select service hotels. The Other Equity and Debt segment comprised of strategic and non-strategic real estate and real estate-related debt and equity investments. The Investment Management segment raises and manages funds on of institutional and individual investors. The company was founded by Thomas Joseph Barrack, Jr. in 1991 and is headquartered in Los Angeles, CA.