Thursday, February 24, 2011

NRF Hit a New 52-Week High Thursday

NNN Lease News


Northstar Realty Finance Corporation (NYSE:NRF) hit a new 52-week high Thursday as it traded at $5.42 compared with its previous 52-Week high of $5.35. Northstar Realty Finance is changing hands at $5.42 with 107,987 shares traded as of 9:32 a.m. ET. Average volume has been 521,500 shares over the past 30 days.
Northstar Realty Finance has a market cap of $395.1 million and is part of the financial sector and real estate industry. Shares are up 8% year to date as of the close of trading on Wednesday.
Operates as an internally-managed commercial real estate company that makes fixed income, structured finance and net lease investments in real estate assets. The company intends to qualify as a REIT.
TheStreet Ratings rates Northstar Realty Finance as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity. You can view the full Northstar Realty Finance Ratings Report.

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