Northstar Realty Finance Corp. (NYSE:NRF) Updates On Dividend Release Date


On 2016-08-03, Northstar Realty Finance Corp. (NYSE:NRF) confirmed the dividend disbursement of $0.4 a share to shareholders as on record 2016-08-15. The firm will release dividend on 2016-08-19 while ex-dividend date is reported to be 2016-08-11.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Northstar Realty Finance Corp. (NYSE:NRF) 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 35.3158%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $18.583 on the stock. This figure is the average of recommendations offered by 3 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $23 and $12.75, respectively.

Taking the mathematical rating formula, the price for Northstar Realty Finance Corp. (NYSE:NRF) stands at 2.33. Earnings Review Northstar Realty Finance Corp. (NYSE:NRF) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-14. For the period ending on 2016-09-30, experts are expecting EPS of $0.56.

Coming to the quarter ending on 2015-12-31, Northstar Realty Finance Corp. (NYSE:NRF) recorded EPS of $0.56. The reported numbers came lower than the analysts’ estimates of $0.56, demonstrating a miss of $0 as against reported figures.

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