NorthStar Realty Finance Corp. (NYSE:NRF)’s share price rose 3.1% during mid-day trading on Monday . The stock traded as high as $12.99 and last traded at $12.97, with a volume of 706,068 shares trading hands. The stock had previously closed at $12.58.

A number of equities research analysts have recently commented on NRF shares. Zacks Investment Research raised shares of NorthStar Realty Finance Corp. from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 18th. Sterne Agee CRT reaffirmed a “buy” rating on shares of NorthStar Realty Finance Corp. in a report on Monday, May 16th. FBR & Co cut shares of NorthStar Realty Finance Corp. from an “outperform” rating to a “market perform” rating and reduced their target price for the company from $18.00 to $12.75 in a report on Wednesday, June 1st. Finally, TheStreet cut shares of NorthStar Realty Finance Corp. from a “hold” rating to a “sell” rating in a report on Wednesday, June 29th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $21.44.

The stock has a 50-day moving average of $12.34 and a 200-day moving average of $12.51.

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