Last $22.31 USD
Change Today +0.04 / 0.18%
Volume 309.9K
As of 1:54 PM 08/22/14 All times are local (Market data is delayed by at least 15 minutes).

colony financial inc (CLNY) Snapshot

Open
$22.30
Previous Close
$22.27
Day High
$22.39
Day Low
$22.25
52 Week High
07/1/14 - $23.51
52 Week Low
09/4/13 - $19.36
Market Cap
2.4B
Average Volume 10 Days
939.2K
EPS TTM
$1.21
Shares Outstanding
109.6M
EX-Date
09/26/14
P/E TM
18.5x
Dividend
$1.44
Dividend Yield
6.31%
Current Stock Chart for COLONY FINANCIAL INC (CLNY)

colony financial inc (CLNY) Related Businessweek News

No Related Businessweek News Found

colony financial inc (CLNY) Details

Colony Financial, Inc., a real estate investment and finance company, focuses on acquiring, originating, and managing various real estate-related debt and equity investments. The company’s real estate debt investments include purchase of performing, sub-performing, and/or non-performing commercial real estate debt; and origination of structured senior and subordinate debt secured by mortgages and/or equity interests in commercial real estate. Its real estate equity investments comprise investment in single-family homes for rent; and other real estate equity, which include real estate acquired in settlement of loans, common equity in real estate or related companies, and certain preferred equity investments. The company is qualified as a real estate investment trust (REIT) under the Internal Revenue Code. As a REIT, its net income would be exempt from federal taxation to the extent that it is distributed as dividends to shareholders. The company was founded in 2009 and is based in Santa Monica, California.

Founded in 2009

colony financial inc (CLNY) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: --
Executive Chairman
Total Annual Compensation: --
Chief Operating Officer, Chief Financial Offi...
Total Annual Compensation: $1.2M
Chief Investment Officer
Total Annual Compensation: --
Chief Legal Officer and Secretary
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

colony financial inc (CLNY) Key Developments

Colony Financial, Inc. Appoints Nancy A. Curtin as Director, Member of Audit Committee, the Compensation Committee and the Corporate Governance and Nominating Committee

Colony Financial, Inc. announced that on August 5, 2014, the Board of Directors the company increased the size of the Board from five to six directors and elected Ms. Nancy A. Curtin as a director of the company, effective immediately. Ms. Curtin was also appointed to the Audit Committee, the Compensation Committee and the Corporate Governance and Nominating Committee of the Board. Ms. Curtin is currently Chief Investment Officer of Close Brothers Asset Management (CBAM) and Head of the High Net Worth (HNW) business.

Colony Financial, Inc. Declares Dividends on Common Shares and Preferred Shares for the Third Quarter of 2014, Payable on October 15, 2014; Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

On August 5, 2014, Colony Financial, Inc. Board of Directors declared (i) a dividend of $0.36 per common share for the third quarter of 2014, (ii) a cash dividend of $0.53125 per share on the company's 8.50% Series A Cumulative Perpetual Preferred Stock with a liquidation preference of $25 per share for the quarterly period ending October 15, 2014 and (iii) a cash dividend of $0.6042 per share on the company's 7.50% Series B Cumulative Perpetual Preferred Stock. All dividends will be paid on October 15, 2014 to respective stockholders of record on September 30, 2014. The company announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total income of $65,973,000 against $40,764,000 a year ago. Income before income taxes was $51,003,000 against $31,004,000 a year ago. Net income attributable to common shareholders was $32,078,000 against $20,296,000 a year ago. Net income per diluted share was $0.34 against $0.31 a year ago. Core earnings were $42,079,000 against $23,577,000 a year ago. Core earnings per diluted share were $0.43 against $0.36 a year ago. For the six months, the company reported total income of $125,180,000 against $74,349,000 a year ago. Income before income taxes was $81,098,000 against $53,350,000 a year ago. Net income attributable to common shareholders was $48,453,000 against $34,348,000 a year ago. Net income per diluted share was $0.56 against $0.54 a year ago. Core earnings were $69,225,000 against $40,624,000 a year ago. Core earnings per diluted share were $0.76 against $0.64 a year ago. The company's GAAP book value per common share was $18.97 on June 30, 2014.

Colony Financial To Raise $336 million Through Public Offering

Colony Financial, Inc. (NYSE:CLNY) has priced a public offering of 15 million shares of common stock for expected gross proceeds of approximately $336 million. Colony Financial expects to use a portion of the net proceeds from this offering to repay amounts outstanding under its revolving credit facility, and to use the remainder of the net proceeds from this offering to acquire its target assets in a manner consistent with its investment strategies and investment guidelines, and for working capital and general corporate purposes.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CLNY:US $22.31 USD +0.04

CLNY Competitors

Market data is delayed at least 15 minutes.

Company Last Change
American Capital Mortgage Investment Corp $20.36 USD -0.08
Chimera Investment Corp $3.26 USD 0.00
CIM Commercial Trust Corp $19.70 USD +0.55
Hatteras Financial Corp $19.61 USD -0.188
PennyMac Mortgage Investment Trust $21.83 USD -0.15
View Industry Companies
 

Industry Analysis

CLNY

Industry Average

Valuation CLNY Industry Range
Price/Earnings 18.5x
Price/Sales 10.2x
Price/Book 1.0x
Price/Cash Flow 20.5x
TEV/Sales 4.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact COLONY FINANCIAL INC, please visit www.colonyfinancial.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.