NEW YORK ( TheStreet) -- Northstar Realty Finance Corporation (NYSE: NRF) hit a new 52-week high Thursday as it is currently trading at $5.89, above its previous 52-week high of $5.82 with 114,868 shares traded as of 9:40 a.m. ET. Average volume has been 1.2 million shares over the past 30 days. Northstar Realty Finance has a market cap of $634.8 million and is part of the financial sector and real estate industry. Shares are up 19.5% 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 solid stock price performance, impressive record of earnings per share growth and good cash flow from operations. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet. You can view the full Northstar Realty Finance Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.