Capital Trust, Inc. (NYSE:CT)
CAPS Rating:
A fully integrated, self-managed finance and investment management company that specializes in credit sensitive structured financial products.
A fully integrated, self-managed finance and investment management company that specializes in credit sensitive structured financial products.
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Recs
Debt refi is complete. Price subsequently spiked and dropped pretty radically and it appears to have stabilized arounf $3.50. After the debt restructuring looks like the way from here is up. Q1 earnings of .20 per share with a PEx of 8 makes this a $6.40 stock.