Colony Credit Real Estate, Inc. operates as a commercial real estate (CRE) credit real estate investment trust in the United States.
+ 1 more risk
Mediocre balance sheet unattractive dividend payer.
Share Price & News
How has Colony Credit Real Estate's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CLNC's share price has been volatile over the past 3 months.
7 Day Return
US Mortgage REITs
1 Year Return
US Mortgage REITs
Return vs Industry: CLNC underperformed the US Mortgage REITs industry which returned -64.6% over the past year.
Return vs Market: CLNC underperformed the US Market which returned -10% over the past year.
Price Volatility Vs. Market
How volatile is Colony Credit Real Estate's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StDo Institutions Own Shares In Colony Credit Real Estate, Inc. (NYSE:CLNC)?
1 month ago | Simply Wall StHow Much Are Colony Credit Real Estate, Inc. (NYSE:CLNC) Insiders Spending On Buying Shares?
2 months ago | Simply Wall StIntroducing Colony Credit Real Estate (NYSE:CLNC), The Stock That Dropped 17% In The Last Year
Is Colony Credit Real Estate undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CLNC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CLNC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CLNC is unprofitable, so we can't compare its PE Ratio to the Mortgage REITs industry average.
PE vs Market: CLNC is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CLNC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CLNC is good value based on its PB Ratio (0.2x) compared to the US Mortgage REITs industry average (0.3x).
How is Colony Credit Real Estate forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if CLNC's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if CLNC's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if CLNC's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if CLNC's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CLNC's Return on Equity is forecast to be high in 3 years time
How has Colony Credit Real Estate performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CLNC is currently unprofitable.
Growing Profit Margin: CLNC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CLNC is unprofitable, and losses have increased over the past 5 years at a rate of -88.8% per year.
Accelerating Growth: Unable to compare CLNC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CLNC is unprofitable, making it difficult to compare its past year earnings growth to the Mortgage REITs industry (18.1%).
Return on Equity
High ROE: CLNC has a negative Return on Equity (-21.02%), as it is currently unprofitable.
How is Colony Credit Real Estate's financial position?
Financial Position Analysis
Short Term Liabilities: CLNC's short term assets ($2.9B) exceed its short term liabilities ($314.8M).
Long Term Liabilities: CLNC's short term assets ($2.9B) do not cover its long term liabilities ($4.9B).
Debt to Equity History and Analysis
Debt Level: CLNC's debt to equity ratio (225.7%) is considered high.
Reducing Debt: Insufficient data to determine if CLNC's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CLNC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CLNC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.1% per year.
What is Colony Credit Real Estate's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CLNC's dividend (37.85%) is higher than the bottom 25% of dividend payers in the US market (1.93%).
High Dividend: CLNC's dividend (37.85%) is in the top 25% of dividend payers in the US market (5.46%)
Stability and Growth of Payments
Stable Dividend: CLNC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CLNC has only been paying a dividend for 2 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (158.7%), CLNC's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mike Mazzei (58yo)
Mr. Michael Joseph Mazzei, also known as Mike, has been the Chief Executive Officer and President of Colony Credit Real Estate, Inc. since April 1, 2020. He served as the President of Ladder Capital Financ ...
|CFO & Treasurer||1.42yrs||US$1.04m||0.038% $195.5k|
|General Counsel & Secretary||2.25yrs||US$360.10k||0.050% $255.2k|
|President & CEO||no data||no data||0.11% $566.7k|
|Chief Operating Officer||0.083yr||no data||0.015% $74.1k|
|Chief Accounting Officer||1.42yrs||no data||0.021% $104.5k|
|Managing Director||no data||no data||no data|
|Managing Director||1.5yrs||no data||no data|
Experienced Management: CLNC's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
|Lead Independent Director||no data||US$310.01k||0.0098% $50.0k|
|Non-Executive Chairman||2.25yrs||US$180.01k||0.034% $172.4k|
|Independent Director||2.25yrs||US$295.01k||0.015% $74.6k|
|Director||2.25yrs||no data||0.12% $617.2k|
|Independent Director||2.25yrs||US$300.01k||0.015% $77.5k|
|Independent Director||2.25yrs||US$295.01k||0.0098% $50.0k|
Experienced Board: CLNC's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.4%.
Colony Credit Real Estate, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Colony Credit Real Estate, Inc.
- Ticker: CLNC
- Exchange: NYSE
- Founded: 2017
- Industry: Mortgage REITs
- Sector: Diversified Financials
- Implied Market Cap: US$508.681m
- Market Cap: US$496.778m
- Shares outstanding: 131.44m
- Website: https://www.clncredit.com
- Colony Credit Real Estate, Inc.
- 515 South Flower Street
- 44th Floor
- Los Angeles
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CLNC||NYSE (New York Stock Exchange)||Yes||Class A Common Stock||US||USD||Feb 2018|
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 formerly known as Colony NorthStar Credit Real Estate, Inc. and changed its name to Colony Credit Real Estate, Inc. in June 2018. Colony Credit Real Estate, Inc. was founded in 2017 and is headquartered in Los Angeles, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/09 04:18|
|End of Day Share Price||2020/04/08 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.