NorthStar Asset Management Grou (NYSE:NSAM):
NorthStar Asset Management Group Announces Third Quarter 2016 Earnings Conference Call.
The company is down by -1.02% since yesterday’s close of $13.75.
Additionally the company announced a dividend that was paid on Friday August 19th, 2016. The dividend was $0.100 per share for the quarter or $0.40 on an annualized basis. This dividend represents a yield of $2.81. The ex-dividend date was set for Thursday the 11th of August 2016.
The stock last traded at $13.61 barely above the 50 day moving average which is $12.94 and which is marginally higher than the 200 day moving average of $12.11. The 50 day moving average went up $0.67 or +5.16% whereas the 200 day average was up by +12.36%.
The P/E ratio is 30.04 and the market cap of the company is 2.57B. As of the last earnings report the EPS was $0.45 and is expected to be $1.20 for the current year with 189,001,000 shares presently outstanding. Next quarter’s EPS is forecasted to be $0.30 with next year’s EPS projected to be $1.29.
Analysts have weighed in on the company of late. On October 21, 2016 the stock rating was set at “Outperform” according to a FBR Capital report a boost from the previous “Outperform” rating. On October 14 Keefe Bruyette & Woods kept the company rating at “Outperform” but moved down the price target to $15.00 from $18.00.
March 14 investment analysts at Deutsche Bank kept the stock rating at “Buy” but lowered the price expectation from $24.00 to $20.00. February 29 investment analysts at Keefe Bruyette & Woods left the stock rating at “Outperform” and moved down the price target from $19.00 to $18.00.
January 13 investment analysts at Keefe Bruyette & Woods made no change to the company rating of “Outperform” and lowered the price target to $19.00 from $23.00. On November 12 Deutsche Bank maintained a company rating of “Buy” and lowered the price expectation from $26.00 to $24.00.