Colony Credit Real Estate, Inc. (CLNC) Company Bio
Colony Credit Real Estate, Inc. operates as a commercial real estate (CRE) credit real estate investment trust in the United States. It focuses on originating, acquiring, financing, and managing a portfolio of CRE senior mortgage loans, mezzanine loans, preferred equity, debt securities, and net leased properties. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2017 and is based in Los Angeles, California.
CLNC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Colony Credit Real Estate Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Colony Credit Real Estate Inc ranked in the 89th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 1554.83% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for CLNC, they are:
The company's balance sheet shows it gets 14% of its capital from equity, and 86% of its capital from debt. Its equity weight surpasses that of just 8.08% of free cash flow generating stocks in the Real Estate sector.
Colony Credit Real Estate Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Colony Credit Real Estate Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -8.16. This coverage rate is greater than that of merely 7.99% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CLNC, try MGP, KRG, PEB, RVI, and WELL.
Pomerantz LLP announces that a class action lawsuit has been filed against Colony Capital, Inc. (“Colony” or the “Company”) (CLNY) and certain of its officers. The class action, filed in United States District Court for the Central District of California, and docketed under 20-cv-04673, is on behalf of a class consisting of investors who purchased or otherwise acquired Colony securities between August 9, 2019, and May 7, 2020, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
The stock market ended the week on a high note, with the Dow Jones Industrial Average and S&P 500 index higher by 1.5% and 1.3%, respectively, as of 2:30pm EDT on Friday. Colony Credit Real Estate (NYSE: CLNC) and Arbor Realty Trust (NYSE: ABR) were higher by 15% and 10%, respectively. Both companies, which primarily originate and own commercial real estate loans, reported earnings on Thursday afternoon, and it's fair to say that investors liked what they saw.
Speaking on the call today are the company's president and chief executive officer, Mike Mazzei; chief operating officer, Andy Witt; and chief financial officer, Neale Redington; chief accounting officer, Frank Saracino, is also on the line to answer questions. Before I hand the call over, please note that on this call, certain information presented contains forward-looking statements. Currently, one of the most significant factors that could cause actual outcomes to differ materially from our forward-looking statements is the potential adverse effect of the current pandemic of the novel coronavirus or COVID-19, on the financial condition, results of operations, cash flows and performance of the company, its borrowers and tenants, the real estate market and the global economy and fina...
LOS ANGELES--(BUSINESS WIRE)--Colony Credit Real Estate, Inc. (NYSE: CLNC) (“Colony Credit Real Estate” or the “Company”) today announced its financial results for the first quarter ended March 31, 2020 and certain updates. Michael J. Mazzei commented, “First and foremost, we want to convey our best wishes for everyone’s health and safety during these difficult times. The COVID-19 pandemic remains an unprecedented global event and Colony Credit Real Estate remains committed to the welfare of al
LOS ANGELES--(BUSINESS WIRE)--Colony Credit Real Estate, Inc. (NYSE: CLNC) (“Colony Credit Real Estate” or the “Company”) today announced it will release first quarter 2020 financial results after the market closes on Thursday, May 7, 2020. The Company will conduct a conference call to discuss the results the same day at 2:00 p.m. PT / 5:00 p.m. ET. To participate in the event by telephone, please dial (800) 263-0877 ten minutes prior to the start time (to allow time for registration). Internat