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Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
The Next Big Crisis Is Here (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
The Next Big Crisis Is Here (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
The Next Big Crisis Is Here (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Dutch firm: US, allies near deal to limit chip tech to China
NYSE:STAR

iStar - STAR Stock Forecast, Price & News

$9.11
+0.11 (+1.22%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$8.97
$9.23
50-Day Range
$7.38
$10.75
52-Week Range
$7.04
$26.71
Volume
552,312 shs
Average Volume
536,041 shs
Market Capitalization
$789.84 million
P/E Ratio
1.23
Dividend Yield
5.49%
Price Target
$21.00

iStar MarketRank™ Forecast

Analyst Rating
N/A
0.00 Rating Score
Upside/​Downside
130.5% Upside
$21.00 Price Target
Short Interest
Healthy
3.45% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.59mentions of iStar in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.32 out of 5 stars

Finance Sector

406th out of 891 stocks

Real Estate Investment Trusts Industry

81st out of 191 stocks


STAR stock logo

About iStar (NYSE:STAR) Stock

iStar Inc. (NYSE: STAR) is focused on reinventing the ground lease sector, unlocking value for real estate owners throughout the country by providing modern, more efficient ground leases on all types of properties. As the founder, investment manager and largest shareholder of Safehold Inc. (NYSE: SAFE), the first publicly traded company to focus on modern ground leases, iStar is helping create a logical new approach to the way real estate is owned, and continues to use its historic strengths in finance and net lease to expand this unique platform. Recognized as a consistent innovator in the real estate markets, iStar specializes in identifying and scaling newly discovered opportunities and has completed more than $40 billion of transactions over the past two decades.

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STAR Stock News Headlines

The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
iStar Announces Tax Treatment of 2022 Dividends
iStar (NYSE: STAR)
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
iStar Announces Details for Its Special Dividend
iStar's Return On Capital Employed Overview
iStar Announces Dividend Actions
iStar Reports Third Quarter 2022 Results
See More Headlines
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STAR Company Calendar

Last Earnings
11/02/2021
Today
1/29/2023
Next Earnings (Estimated)
2/23/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Employees
144
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$21.00
High Stock Price Forecast
$21.00
Low Stock Price Forecast
$21.00
Forecasted Upside/Downside
+130.5%
Consensus Rating
N/A
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$132.48 million
Pretax Margin
-88.19%

Debt

Sales & Book Value

Annual Sales
$308.63 million
Cash Flow
$3.52 per share
Book Value
$14.83 per share

Miscellaneous

Free Float
83,030,000
Market Cap
$789.84 million
Optionable
Optionable
Beta
1.23

Key Executives

  • Mr. Jay S. Sugarman (Age 60)
    Exec. Chairman & CEO
    Comp: $938.03k
  • Mr. Marcos Alvarado (Age 42)
    Pres & Chief Investment Officer
    Comp: $3.22M
  • Mr. Garett RosenblumMr. Garett Rosenblum (Age 49)
    Sr. VP & Chief Accounting Officer
    Comp: $686.51k
  • Mr. Brett Asnas (Age 38)
    Chief Financial Officer
  • Ms. Kyle Curtin
    Chief Admin. Officer
  • Mr. Jason Fooks
    Sr. VP of Investor Relations & Marketing
  • Mr. Geoffrey M. Dugan
    Sr. VP, Compliance Officer, Gen. Counsel of Corp. & Corp. Sec.
  • Mr. Douglas B. Heitner (Age 41)
    Chief Legal Officer
  • Ms. Theresa Ulyatt
    Chief People Officer
  • Mr. Chase S. Curtis Jr.
    Exec. VP of Credit













STAR Stock - Frequently Asked Questions

What is iStar's stock price forecast for 2023?

0 brokerages have issued 12 month target prices for iStar's shares. Their STAR share price forecasts range from $21.00 to $21.00. On average, they expect the company's share price to reach $21.00 in the next year. This suggests a possible upside of 130.5% from the stock's current price.
View analysts price targets for STAR
or view top-rated stocks among Wall Street analysts.

How have STAR shares performed in 2023?

iStar's stock was trading at $7.63 on January 1st, 2023. Since then, STAR stock has increased by 19.4% and is now trading at $9.11.
View the best growth stocks for 2023 here
.

Are investors shorting iStar?

iStar saw a increase in short interest in December. As of December 15th, there was short interest totaling 3,260,000 shares, an increase of 28.9% from the November 30th total of 2,530,000 shares. Based on an average daily volume of 1,090,000 shares, the days-to-cover ratio is currently 3.0 days.
View iStar's Short Interest
.

When is iStar's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our STAR earnings forecast
.

How were iStar's earnings last quarter?

iStar Inc. (NYSE:STAR) released its earnings results on Tuesday, November, 2nd. The real estate investment trust reported $1.76 earnings per share for the quarter, beating the consensus estimate of $0.28 by $1.48. iStar had a net margin of 288.50% and a negative trailing twelve-month return on equity of 7.41%. During the same period last year, the company earned ($0.03) EPS.

How often does iStar pay dividends? What is the dividend yield for iStar?

iStar declared a quarterly dividend on Wednesday, August 17th. Stockholders of record on Thursday, September 1st will be given a dividend of $0.125 per share on Thursday, September 15th. This represents a $0.50 annualized dividend and a dividend yield of 5.49%. The ex-dividend date is Wednesday, August 31st.
Read our dividend analysis for STAR
.

Is iStar a good dividend stock?

iStar (NYSE:STAR) pays an annual dividend of $0.50 per share and currently has a dividend yield of 5.49%. STAR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 6.76%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for STAR.

What is Jay Sugarman's approval rating as iStar's CEO?

8 employees have rated iStar Chief Executive Officer Jay Sugarman on Glassdoor.com. Jay Sugarman has an approval rating of 100% among the company's employees. This puts Jay Sugarman in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of iStar own?

Based on aggregate information from My MarketBeat watchlists, some companies that other iStar investors own include CA (CA), BlackRock (BLK), Iron Mountain (IRM), Macerich (MAC), Medical Properties Trust (MPW), New Residential Investment (NRZ), NVIDIA (NVDA), AGNC Investment (AGNC), Endologix (ELGX) and Energy Transfer (ET).

What is iStar's stock symbol?

iStar trades on the New York Stock Exchange (NYSE) under the ticker symbol "STAR."

Who are iStar's major shareholders?

iStar's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Ursa Fund Management LLC (1.04%), Douglas Lane & Associates LLC (0.54%), Sterneck Capital Management LLC (0.17%), National Bank of Canada FI (0.15%), State of Alaska Department of Revenue (0.11%) and New York State Teachers Retirement System (0.06%). Insiders that own company stock include Garett Rosenblum and Istar Inc.
View institutional ownership trends
.

How do I buy shares of iStar?

Shares of STAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is iStar's stock price today?

One share of STAR stock can currently be purchased for approximately $9.11.

How much money does iStar make?

iStar (NYSE:STAR) has a market capitalization of $789.84 million and generates $308.63 million in revenue each year. The real estate investment trust earns $132.48 million in net income (profit) each year or $7.40 on an earnings per share basis.

How many employees does iStar have?

The company employs 144 workers across the globe.

How can I contact iStar?

iStar's mailing address is 1114 AVENUE OF THE AMERICAS 39TH FLOOR, NEW YORK NY, 10036. The official website for the company is www.istar.com. The real estate investment trust can be reached via phone at (212) 930-9400, via email at investors@istar.com, or via fax at 212-930-9494.

This page (NYSE:STAR) was last updated on 1/29/2023 by MarketBeat.com Staff