Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
9.12 (1y: +77%)
Market Cap 1.76 B P/E(ttm)
Enterprise Value 1.28 B P/B 1.90
NRF- NYSE (USA)
Northstar Realty Finance Corporation
Not Rated
Top Ranked Predictable Companies
$9.12
Switch to:

GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry		 vs
history
Cash to Debt 0.112
NRF's Cash to Debt is ranked higher than
79% of the 566 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.02 vs. NRF: 0.112 )
NRF' s 10-Year Cash to Debt Range
Min: 0.03   Max: No Debt
Current: 0.11
Equity to Asset 0.236
NRF's Equity to Asset is ranked higher than
50% of the 566 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.40 vs. NRF: 0.236 )
NRF' s 10-Year Equity to Asset Range
Min: 0.13   Max: 0.99
Current: 0.24
0.13
0.99
Interest Coverage No Debt
NRF's Interest Coverage is ranked higher than
96% of the 566 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.20 vs. NRF: No Debt )
NRF' s 10-Year Interest Coverage Range
Min: No Debt   Max: No Debt
Current: No Debt
F-Score: 6
Z-Score: 0.79
M-Score: -1.92
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry		 vs
history
Operating margin (%) 38.00
NRF's Operating margin (%) is ranked higher than
75% of the 566 Companies
in the Global REIT - Retail industry.

( Industry Median: 25.90 vs. NRF: 38.00 )
NRF' s 10-Year Operating margin (%) Range
Min: -14700   Max: 1018.2
Current: 38
-14700
1018.2
Net-margin (%) -51.8
NRF's Net-margin (%) is ranked lower than
76% of the 566 Companies
in the Global REIT - Retail industry.

( Industry Median: 17.40 vs. NRF: -51.8 )
NRF' s 10-Year Net-margin (%) Range
Min: -82.6   Max: 2412.5
Current: -51.8
-82.6
2412.5
ROE (%) -20.1
NRF's ROE (%) is ranked lower than
76% of the 566 Companies
in the Global REIT - Retail industry.

( Industry Median: 4.60 vs. NRF: -20.1 )
NRF' s 10-Year ROE (%) Range
Min: -30.6   Max: 47.5
Current: -20.1
-30.6
47.5
ROA (%) -4.7
NRF's ROA (%) is ranked lower than
76% of the 566 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.90 vs. NRF: -4.7 )
NRF' s 10-Year ROA (%) Range
Min: -7.3   Max: 18.3
Current: -4.7
-7.3
18.3
ROC (Joel Greenblatt) (%) 10.10
NRF's ROC (Joel Greenblatt) (%) is ranked higher than
92% of the 566 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.00 vs. NRF: 10.10 )
NRF' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -15.2   Max: 14
Current: 10.1
-15.2
14
Revenue Growth (%) 2.7
NRF's Revenue Growth (%) is ranked higher than
91% of the 566 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.00 vs. NRF: 2.7 )
NRF' s 10-Year Revenue Growth (%) Range
Min: 0   Max: 172.1
Current: 2.7
0
172.1
EPS Growth (%) 1.7
NRF's EPS Growth (%) is ranked higher than
86% of the 566 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.00 vs. NRF: 1.7 )
NRF' s 10-Year EPS Growth (%) Range
Min: 0   Max: 58.8
Current: 1.7
0
58.8
ยป NRF's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

NRF Guru Trades in Q2 2012

Arnold Schneider 2,488,725 sh (-17%)
» More
Q3 2012

NRF Guru Trades in Q3 2012

Jeremy Grantham 43,900 sh (New)
Jim Simons 336,382 sh (New)
Arnold Schneider 2,430,435 sh (-2.34%)
» More
Q4 2012

NRF Guru Trades in Q4 2012

Steven Cohen 2,921,982 sh (New)
Bruce Kovner 400,000 sh (New)
Jim Simons 1,448,082 sh (+330.49%)
Arnold Schneider 2,450,660 sh (+0.83%)
Jeremy Grantham 65,900 sh (unchged)
» More
Q1 2013

NRF Guru Trades in Q1 2013

Louis Moore Bacon 1,400,000 sh (New)
Steven Cohen 8,726,649 sh (+198.66%)
Jim Simons 2,832,082 sh (+95.57%)
Jeremy Grantham 68,406 sh (+3.8%)
Arnold Schneider 2,246,485 sh (-8.33%)
Bruce Kovner 44,444 sh (-88.89%)
» More
» Details

Insider Trades

Latest Guru Trades with NRF

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
George Soros 2011-12-31 Sold Out 0.0017%$3.09 - $4.94 $ 9.12124%0
George Soros 2011-09-30 New Buy$2.99 - $4.29 $ 9.12144%29600
Premium More recent guru trades are included for Premium Members only!!
ยป Financial Charts

Peter Lynch Chart

Ratios

vs
industry		 vs
history
P/B 1.90
NRF's P/B is ranked lower than
56% of the 443 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.28 vs. NRF: 1.90 )
NRF' s 10-Year P/B Range
Min: 0.08   Max: 2.04
Current: 1.9
0.08
2.04
P/S 2.60
NRF's P/S is ranked higher than
94% of the 488 Companies
in the Global REIT - Retail industry.

( Industry Median: 6.71 vs. NRF: 2.60 )
NRF' s 10-Year P/S Range
Min: 0.29   Max: 168.67
Current: 2.6
0.29
168.67
EV-to-EBIT 6.8
NRF's EV-to-EBIT is ranked higher than
96% of the 400 Companies
in the Global REIT - Retail industry.

( Industry Median: 24.85 vs. NRF: 6.8 )
NRF' s 10-Year EV-to-EBIT Range
Min: 2.7   Max: 327.1
Current: 6.8
2.7
327.1
Shiller P/E 468.4
NRF's Shiller P/E is ranked lower than
100% of the Companies
in the Global REIT - Retail industry.

( Industry Median: vs. NRF: 468.4 )
NRF' s 10-Year Shiller P/E Range
Min: 1.28   Max: 468.4
Current: 468.4
1.28
468.4

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 7.70
NRF's Dividend Yield is ranked higher than
89% of the 566 Companies
in the Global REIT - Retail industry.

( Industry Median: 4.25 vs. NRF: 7.70 )
NRF' s 10-Year Dividend Yield Range
Min: 1.39   Max: 95.68
Current: 7.7
1.39
95.68
Dividend growth (3y) 2.8
NRF's Dividend growth (3y) is ranked higher than
90% of the 566 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.00 vs. NRF: 2.8 )
NRF' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 28.4
Current: 2.8
0
28.4
Yield on cost (5-Year) 2.89
NRF's Yield on cost (5-Year) is ranked lower than
53% of the 566 Companies
in the Global REIT - Retail industry.

( Industry Median: 3.50 vs. NRF: 2.89 )
NRF' s 10-Year Yield on cost (5-Year) Range
Min: 0.52   Max: 35.91
Current: 2.89
0.52
35.91
Share Buyback Rate -14.2
NRF's Share Buyback Rate is ranked lower than
67% of the 566 Companies
in the Global REIT - Retail industry.

( Industry Median: -1.70 vs. NRF: -14.2 )
NRF' s 10-Year Share Buyback Rate Range
Min: 0   Max: -33.8
Current: -14.2

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 65.1
NRF's Price/Net Current Asset Value is ranked higher than
66% of the 160 Companies
in the Global REIT - Retail industry.

( Industry Median: 80.30 vs. NRF: 65.1 )
NRF' s 10-Year Price/Net Current Asset Value Range
Min: 39.5   Max: 41.4
Current: 65.1
39.5
41.4
Price/Tangible Book 1.9
NRF's Price/Tangible Book is ranked lower than
54% of the 437 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.30 vs. NRF: 1.9 )
NRF' s 10-Year Price/Tangible Book Range
Min: 0.2   Max: 1.6
Current: 1.9
0.2
1.6
Price/DCF (Projected) 1.7
NRF's Price/DCF (Projected) is ranked lower than
64% of the 209 Companies
in the Global REIT - Retail industry.

( Industry Median: 2.00 vs. NRF: 1.7 )
NRF' s 10-Year Price/DCF (Projected) Range
Min: 0.4   Max: 14.1
Current: 1.7
0.4
14.1
Price/Median PS Value 1.1
NRF's Price/Median PS Value is ranked higher than
59% of the 427 Companies
in the Global REIT - Retail industry.

( Industry Median: 1.20 vs. NRF: 1.1 )
NRF' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 18.2
Current: 1.1
0.4
18.2
Earnings Yield (Greenblatt) 14.70
NRF's Earnings Yield (Greenblatt) is ranked higher than
97% of the 566 Companies
in the Global REIT - Retail industry.

( Industry Median: 2.70 vs. NRF: 14.70 )
NRF' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.3   Max: 37
Current: 14.7
0.3
37
Forward Rate of Return (Yacktman) 3.8
NRF's Forward Rate of Return (Yacktman) is ranked higher than
88% of the 566 Companies
in the Global REIT - Retail industry.

( Industry Median: 0.00 vs. NRF: 3.8 )
NRF' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -76.7   Max: 5
Current: 3.8
-76.7
5

Business Description

NorthStar Realty Finance Corporation was formed in October 2003. It is a real estate finance company that has focused mainly on originating, investing in and managing commercial real estate debt, commercial real estate securities and net lease properties. The Company has invested in those areas of commercial real estate finance that enabled it to leverage its real estate investment expertise, utilize its capital markets knowledge, and capitalize on its ability to employ innovative financing structures. It conducts its operations so as to qualify as a real estate investment trust, or a REIT, for federal income tax purposes. Its real estate debt business has historically focused on originating, structuring and acquiring senior and subordinate debt investments secured mainly by commercial and multifamily properties, including first lien mortgage loans, which are also referred to as senior mortgage loans, junior participations in first lien mortgage loans, which are often referred to as B-Notes, second lien mortgage loans, mezzanine loans and preferred equity interests in borrowers who own such properties. The Company's real estate securities business has historically invested in, created and managed portfolios of commercial real estate debt securities, which it has financed by raising third-party capital in transactions structured as CDOs. These securities include CMBS, debt obligations of REITs, mortgage loans backed by credit-rated tenants (CTL transactions) and term debt transactions backed mainly by commercial real estate securities. Substantially all of its securities investments have explicit credit ratings assigned by at least one of the three nationally-recognized statistical rating agencies (Moody's Investors Service, Standard & Poor's and Fitch Ratings, generally referred to as rating agencies), and were typically rated investment grade at the time of purchase. The various types of securities backed by real estate assets that it invests in, including CMBS, fixed income securities issued by REITs and real estate term debt transactions. Its underwriting process for real estate securities is focused on evaluating both the real estate risk of the underlying assets and the structural protections available to the particular class of securities in which it is investing. Its net lease strategy involved investing mainly in office, industrial, retail and healthcare-related properties across the United States that are net leased long term to corporate tenants. Net lease properties are typically leased to a single tenant who agrees to pay basic rent, plus all taxes, insurance, capital and operating expenses arising from the use of the leased property. The Company might also invest in properties that are leased to tenants for which it is responsible for some of the operating expenses and capital costs. It owns and manages a portfolio of healthcare net lease assets, a majority of which are assisted living facilities with the remainder c
Company Website
SEC Reports
Industry: REIT - Retail
Compare:GGP, AKR, CLP, RIOCF, BTLCY
Traded in other countries:NQE.Germany
ยป More Articles for NRF

Headlines

Articles On GuruFocus.com
Ex-Dividend Date Reminder for February 23, 2012 Feb 22 2012 
Ex-Dividend Date Reminder For Next Week February 20 - 26, 2012 Feb 18 2012 
9.3 dividend, High v Feb 14 2012 
18 Companies Providing Shareholders More Cash Through Increased Dividends Nov 07 2011 
Guru Stocks Raising Dividends: ADM, JCOM, LECO, KIM, NRF Nov 07 2011 
NorthStar Realty Finance Corp. Reports Operating Results (10-K/A) Feb 28 2011 
NorthStar Realty Finance Corp. Reports Operating Results (10-K) Feb 25 2011 
NorthStar Realty Finance Corp. Reports Operating Results (10-Q) Nov 04 2010 
NorthStar Realty Finance Corp. Reports Operating Results (10-Q) Aug 05 2010 
Why You Should add these Ignored Securities to Your Portfolio Jun 28 2010 


Personalized Checklist





Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK