Northstar Realty Finance Stock Falls On Unusually High Volume (NRF)

NEW YORK ( TheStreet) -- Northstar Realty Finance Corporation (NYSE: NRF) is trading at unusually high volume Friday with 6.2 million shares changing hands. It is currently at 5.2 times its average daily volume and trading down 36 cents (-6.1%) at $5.58 as of 10:15 a.m. ET.

Northstar Realty Finance has a market cap of $646.1 million and is part of the financial sector and real estate industry. Shares are up 24.5% year to date as of the close of trading on Thursday.

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.

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