NYSE:CLNY

Stock Analysis Report

Executive Summary

Colony Capital, Inc. (NYSE: CLNY) is a leading global investment management firm with assets under management of $55 billion, which includes approximately $14 billion of assets under management from Digital Bridge, a leading global investment manager of digital infrastructure assets including cell towers, small cells, fiber and data centers.

Snowflake

Fundamentals

Fair value with mediocre balance sheet.

Risks

  • Colony Capital has significant price volatility in the past 3 months.
  • Colony Capital is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has Colony Capital's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.8%

NYSE:CLNY

-0.5%

US REITs

-1.6%

US Market


1 Year Return

-28.1%

NYSE:CLNY

8.5%

US REITs

-3.0%

US Market

CLNY underperformed the REITs industry which returned 8.5% over the past year.

CLNY underperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

CLNYIndustryMarket
7 Day-1.8%-0.5%-1.6%
30 Day-22.8%2.5%-5.8%
90 Day-14.6%2.2%0.2%
1 Year-21.7%-28.1%13.4%8.5%-0.8%-3.0%
3 Yearn/a24.7%8.4%38.0%29.1%
5 Yearn/a57.3%23.8%50.8%34.1%

Price Volatility Vs. Market

How volatile is Colony Capital's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Colony Capital undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Colony Capital's share price is below the future cash flow value, and at a moderate discount (> 20%).

Colony Capital's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Colony Capital is loss making, we can't compare its value to the US REITs industry average.

Colony Capital is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Colony Capital, we can't assess if its growth is good value.


Price Based on Value of Assets

Colony Capital is good value based on assets compared to the US REITs industry average.


Next Steps

Future Growth

How is Colony Capital expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

52.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Colony Capital's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

Colony Capital is not considered high growth as it is expected to be loss making for the next 1-3 years.

Colony Capital's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Unable to compare Colony Capital's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.

Unable to compare Colony Capital's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Colony Capital will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Colony Capital performed over the past 5 years?

-76.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Colony Capital does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Colony Capital's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Colony Capital's 1-year growth to the US REITs industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Colony Capital has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Colony Capital has efficiently used its assets last year compared to the US REITs industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Colony Capital improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Colony Capital's financial position?


Financial Position Analysis

Colony Capital is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Colony Capital's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Colony Capital's level of debt (82.9%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (50% vs 82.9% today).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.8x debt.


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.

Whilst loss making Colony Capital has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making Colony Capital has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -10.1% per year.


Next Steps

Dividend

What is Colony Capital's current dividend yield, its reliability and sustainability?

8.85%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase Colony Capital before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Colony Capital's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).

Colony Capital's dividend is above the markets top 25% of dividend payers in United States of America (3.93%).

Colony Capital has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

Colony Capital has only been paying a dividend for 2 years, and since then dividends per share have fallen.


Current Payout to Shareholders

The company is paying a dividend however it is incurring a loss.


Future Payout to Shareholders

Dividends after 3 years are expected to be thoroughly covered by earnings (934.6x coverage).


Next Steps

Management

What is the CEO of Colony Capital's salary, the management and board of directors tenure and is there insider trading?

1.4yrs

Average management tenure


CEO

Tom Barrack (72yo)

0.8yrs

Tenure

US$8,525,666

Compensation

Mr. Thomas Joseph Barrack Jr., also known as Tom, has been the Chief Executive Officer at Colony Capital, LLC. He has been the Chief Executive Officer and President of Harveys Casino Resorts, Inc. since Ja ...


CEO Compensation Analysis

Tom's remuneration is higher than average for companies of similar size in United States of America.

Tom's compensation has increased whilst company is loss making.


Management Age and Tenure

1.4yrs

Average Tenure

51.5yo

Average Age

The average tenure for the Colony Capital management team is less than 2 years, this suggests a new team.


Board Age and Tenure

2.6yrs

Average Tenure

70.5yo

Average Age

The average tenure for the Colony Capital board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$90,00207 Dec 18
Neale Redington
EntityIndividual
Role
Chief Accounting Officer
MD & Chief Accounting Officer
Shares15,000
Max PriceUS$6.01

Ownership Breakdown


Management Team

  • Tom Barrack (72yo)

    Founder

    • Tenure: 0.8yrs
    • Compensation: US$8.53m
  • Mark Hedstrom (60yo)

    Executive VP

    • Tenure: 0.6yrs
    • Compensation: US$3.09m
  • Kevin Traenkle (49yo)

    Executive VP & Chief Investment Officer

    • Tenure: 10.2yrs
    • Compensation: US$3.34m
  • Jonathan Lang (51yo)

    MD & Chief Information Officer

    • Tenure: 1.4yrs
  • Ron Sanders (55yo)

    Executive VP

    • Tenure: 9.9yrs
    • Compensation: US$2.68m
  • Darren Tangen (48yo)

    President

    • Tenure: 0.8yrs
    • Compensation: US$8.64m
  • Neale Redington (52yo)

    MD & Chief Accounting Officer

    • Tenure: 0.0yrs
  • David Palamé (42yo)

    MD & Deputy General Counsel

    • Tenure: 12.6yrs
  • Brian Lee

    MD & Head of Corporate Finance

    • Tenure: 0.0yrs
  • Karren Fink

    MD & Global Head of Human Resources

    • Tenure: 1.4yrs

Board Members

  • Nancy Curtin (61yo)

    Lead Director

    • Tenure: 2.6yrs
    • Compensation: US$276.94k
  • Doug Crocker (79yo)

    Independent Non-Executive Director

    • Tenure: 2.6yrs
    • Compensation: US$251.94k
  • Tom Barrack (72yo)

    Founder

    • Tenure: 0.8yrs
    • Compensation: US$8.53m
  • George Parker (80yo)

    Independent Director

    • Tenure: 9.9yrs
    • Compensation: US$271.94k
  • Launny Steffens (78yo)

    Independent Non-Executive Director

    • Tenure: 2.6yrs
    • Compensation: US$266.94k
  • Ray Mikulich (66yo)

    Independent Director

    • Tenure: 0.5yrs
  • Jon Fosheim (69yo)

    Independent Non-Executive Director

    • Tenure: 2.6yrs
    • Compensation: US$266.94k
  • John Somers (75yo)

    Independent Non-Executive Director

    • Tenure: 0.0yrs
    • Compensation: US$266.94k
  • Charles Schoenherr (59yo)

    Independent Non-Executive Director

    • Tenure: 2.6yrs
    • Compensation: US$251.94k
  • Justin Metz (45yo)

    Independent Non-Executive Director

    • Tenure: 2.6yrs
    • Compensation: US$251.94k

Company Information

Colony Capital, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Colony Capital, Inc.
  • Ticker: CLNY
  • Exchange: NYSE
  • Founded: 2009
  • Industry: Diversified REITs
  • Sector: Real Estate
  • Implied Market Cap: US$2.362b
  • Market Cap: US$2.131b
  • Shares outstanding: 540.40m
  • Website: https://www.clny.com

Number of Employees


Location

  • Colony Capital, Inc.
  • 515 South Flower Street
  • 44th Floor
  • Los Angeles
  • California
  • 90071
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CLNY.PRHNYSE (New York Stock Exchange)7.125% PFD SER HUSUSDJan 2017
CLNY.PRENYSE (New York Stock Exchange)PFD SER E 8.75%USUSDJan 2017
CLNY.PRBNYSE (New York Stock Exchange)PFD B 8.25%USUSDJan 2017
CLNYNYSE (New York Stock Exchange)YesNew Class A Common StockUSUSDJan 2017
6CLDB (Deutsche Boerse AG)YesNew Class A Common StockDEEURJan 2017
0YY7LSE (London Stock Exchange)YesNew Class A Common StockGBUSDJan 2017
CLNY.PRGNYSE (New York Stock Exchange)7.5% CUM PFD GUSUSDJan 2017
CLNY.PRINYSE (New York Stock Exchange)7.15% CUM PFD IUSUSDMay 2017
CLNY.PRJNYSE (New York Stock Exchange)7.125% CUM PFD JUSUSDSep 2017

Biography

Colony Capital, Inc. (NYSE: CLNY) is a leading global investment management firm with assets under management of $55 billion, which includes approximately $14 billion of assets under management from Digita ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/25 00:42
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.