On 2016-08-09, Colony Financial, Inc (NYSE:CLNY) confirmed the dividend disbursement of $0.4 a share to shareholders as on record 2016-09-30. The firm will release dividend on 2016-10-14 while ex-dividend date is reported to be 2016-09-28.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Colony Financial, Inc (NYSE:CLNY) paid a total of $0.4 per share in dividends. This figure stood at $0.4 a share in the same period a year ago indicating a deviation of 5.5555%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $24.5 on the stock. This figure is the average of recommendations offered by 2 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $27 and $22, respectively.
Taking the mathematical rating formula, the price for Colony Financial, Inc (NYSE:CLNY) stands at 1.5. Earnings Review Colony Financial, Inc (NYSE:CLNY) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $0.42.
Coming to the quarter ending on 2015-12-31, Colony Financial, Inc (NYSE:CLNY) recorded EPS of $0.67. The reported numbers came lower than the analysts’ estimates of $0.41, demonstrating a miss of $0.26 as against reported figures.
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