NorthStar Realty Finance Corp. (NRF) a big move last session, as the company’s shares fell about 8% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for NRF, as the stock is now down over 1% in the past one-month time frame.
The company, a real estate investment trust (:REIT), has seen a mixed track record, as there have been no estimate revisions for current year over the past few weeks, and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.
NRF currently has a Zacks Rank #4 (Sell).
Some better-ranked stocks in the same sector include E-House (China) Holdings Limited (EJ), HFF, Inc. (HF) and Reis, Inc. (REIS). All these stocks hold a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
NORTHSTAR REALTY FINANCE CORP (NRF): Free Stock Analysis Report
E HOUSECHINA HOLDINGS LTD (EJ): Free Stock Analysis Report
HFF CL A (HF): Free Stock Analysis Report
REIS INC (REIS): Free Stock Analysis Report
Zacks Investment Research
- Personal Investing Ideas & Strategies
- Finance Trading