Shares of NorthStar Realty Finance Corp. (NYSE:NRF) rose 6.2% during mid-day trading on Friday . The company traded as high as $11.63 and last traded at $11.63, with a volume of 1,793,237 shares changing hands. The stock had previously closed at $10.95.

NRF has been the topic of a number of analyst reports. Sterne Agee CRT reiterated a “buy” rating on shares of NorthStar Realty Finance Corp. in a research note on Monday, May 16th. FBR & Co lowered shares of NorthStar Realty Finance Corp. from an “outperform” rating to a “market perform” rating and dropped their price objective for the company from $18.00 to $12.75 in a research note on Wednesday, June 1st. Deutsche Bank AG dropped their price objective on shares of NorthStar Realty Finance Corp. from $33.00 to $20.00 and set a “buy” rating on the stock in a research note on Monday, March 14th. Zacks Investment Research upgraded shares of NorthStar Realty Finance Corp. from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 18th. Finally, TheStreet lowered shares of NorthStar Realty Finance Corp. from a “hold” rating to a “sell” rating in a research note on Wednesday, June 29th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $21.44.

The stock has a 50 day moving average price of $12.40 and a 200 day moving average price of $12.73. The company’s market capitalization is $2.07 billion.

NorthStar Realty Finance Corp. (NYSE:NRF) last released its earnings results on Tuesday, May 10th. The company reported $0.58 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.54 by $0.04. Equities research analysts expect that NorthStar Realty Finance Corp. will post $1.34 EPS for the current year.

NorthStar Realty Finance Corp. is a commercial real estate company. The Company invests in multiple asset classes across commercial real estate (CRE). Its portfolio consists of healthcare, hotel, manufactured housing communities, net lease and multifamily properties. The Company also invests in other opportunistic real estate investments, such as indirect interests in real estate through its investments in private equity funds (PE Investments).

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