Down-Fall to Colony Capital, Inc. (NYSE: CLNY) revenue in Q1

On Thursday, Colony Capital, Inc. (NYSE: CLNY) -1.56% in trading session and finally closed at $5.05. The firm after opening the first trading session at $5.11 Over the one year trading period, the stock has an above price of $6.44 and it’s below is recorded at $4.55. The company has a market cap of $2.43B. The company most recent volume stood at 3,305,489 shares as compared to its average volume of 2,055,656 shares.

Colony Capital, Inc. (NYSE: CLNY) and subsidiaries recently reported its financial results for the first quarter ended March 31, 2019.

  • First quarter 2019 net loss attributable to ordinary stockholders of $(102.1)M, or $(0.21) per share, and Core FFO of $47.7M, or $0.09 per share
  • Core FFO of $75.4M, or $0.15 per share, not including net investment losses of $27.7M, which were composed of $14.1M of losses on sale of and provision for loan losses on certain Other Equity & Debt investments and $13.6M for our share of certain investment losses realized by Colony Credit Real Estate, Inc. (CLNC)
  • The Company’s Board of Directors reported and paid a first quarter 2019 dividend of $0.11 per share to holders of Class A and B ordinary stock
  • The Company closed on commitments of $310M in third-party capital (including amounts related to associates)
  • The Company completed the planned sale and/or monetization of $190M of assets within the Other Equity and Debt section resulting in net equity proceeds of $93M
  • The Company refinanced three near-term maturing loans with an aggregate consolidated balance of $266M, or CLNY OP share of $222M, in its Healthcare and Hospitality Real Estate sections extending term to 2024 at slightly more favorable interest rates on average
  • The Company, through its Industrial platform, closed on the acquisition of a $1.2B value-add portfolio of 54 light and bulk industrial buildings located across 10 U.S. markets totaling about 11.9M square feet

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