CLNY - A Podcast from Joe's Pros

Colony Capital Inc.

TMT, Finance/Real Estate


Presented:12/10/2020
Price:$4.87
Cap:$2.35B
Current Price:$15.45
Cap:$2.69B

Presented

Date12/10/2020
Price$4.87
Market Cap$2.35B
Ent Value$13.25B
P/E RatioN/A
Book Value$3.29
Div Yield4.52%
Shares O/S482.36M
Ave Daily Vol5,797,299
Short Int12.74%

Current

Price$15.45
Market Cap$2.69B
Colony Capital, Inc. is a real estate investment trust, which engages in the acquisition and management of properties. It operates through the following segments: Digital Real Estate and Investment Management, Healthcare, Industrial, Hospitality, Colony Credit Real Estate, Inc. (CLNC), Other Equity and Debt, and Investment Management. The Digital Real Estate and Investment Management segment is composed of (i) balance sheet equity interests in digital infrastructure and real estate; and (ii) digital infrastructure and real estate investment management business. The Healthcare segment composed of a portfolio of senior housing, skilled nursing facilities, medical office buildings, and hospitals. The Industrial segment invests in light industrial assets throughout the U.S. that serve as the last mile of the logistics chain. The CLNC segment represents the firm's investment in Colony Credit, a commercial real estate credit real estate investment trust. The Hospitality segment relates to extended stay and selects service hotels. The Other Equity and Debt segment comprised of strategic and non-strategic real estate and real estate-related debt and equity investments. The Investment Management segment raises and manages funds on of institutional and individual investors. The company was founded by Thomas Joseph Barrack, Jr. in 1991 and is headquartered in Los Angeles, CA.

Highlights

00:00 - Intro

00:24 - Background on Colony Capital 

02:30 - Process of selling the legacy assets

04:35 - Quality of the asset and catalysts 

10:42 - G&A cost-cutting opportunity 

11:18 - Valuation 

13:05 - Colony’s growth strategy

15:28 - Another valuation framework 

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