Northstar Realty Finance Corp (NRF): Today's Featured Real Estate Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Northstar Realty Finance ( NRF) pushed the Real Estate industry higher today making it today's featured real estate winner. The industry as a whole closed the day down 0.6%. By the end of trading, Northstar Realty Finance rose $0.16 (1.1%) to $15.46 on heavy volume. Throughout the day, 12,317,844 shares of Northstar Realty Finance exchanged hands as compared to its average daily volume of 7,362,400 shares. The stock ranged in a price between $15.34-$15.56 after having opened the day at $15.42 as compared to the previous trading day's close of $15.30. Other companies within the Real Estate industry that increased today were: China Housing & Land Development ( CHLN), up 6.2%, Maui Land & Pineapple ( MLP), up 4.0%, Doral Financial ( DRL), up 3.4% and Impac Mortgage Holdings ( IMH), up 3.1%.

NorthStar Realty Finance Corp., a real estate investment trust (REIT), operates as a commercial real estate (CRE) investment and asset management company in the United States. Northstar Realty Finance has a market cap of $4.9 billion and is part of the financial sector. Shares are up 13.8% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Northstar Realty Finance a buy, no analysts rate it a sell, and none rate it a hold.

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 compelling growth in net income. However, as a counter to these strengths, we find that the company's return on equity has been disappointing.

On the negative front, Hannon Armstrong Sustainable Infrastructure ( HASI), down 5.7%, E-House China Holdings ( EJ), down 5.1%, Leju Holdings Ltd ADR ( LEJU), down 4.8% and InnSuites Hospitality ( IHT), down 4.7% , were all laggards within the real estate industry with Zillow ( Z) being today's real estate industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider iShares Dow Jones US Real Estate ( IYR) while those bearish on the real estate industry could consider ProShares Short Real Estate Fund ( REK).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

More from Markets

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists

Automakers Slump as Trump Tariffs Threaten Both Manufacturers and Consumers

Automakers Slump as Trump Tariffs Threaten Both Manufacturers and Consumers

Jim Cramer: Does Saudi Arabia Think Oil Prices Are Too High?

Jim Cramer: Does Saudi Arabia Think Oil Prices Are Too High?