NYSE:STAR iStar - STAR Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding iStar Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $9.34 +0.07 (+0.76%) (As of 02/7/2023 12:00 AM ET) Add Compare Share Share Today's Range$9.07▼$9.4050-Day Range$7.38▼$9.9052-Week Range$7.04▼$26.71Volume849,278 shsAverage Volume631,295 shsMarket Capitalization$810.99 millionP/E Ratio1.26Dividend Yield3.93%Price Target$21.00 ProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media iStar MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside124.8% Upside$21.00 Price TargetShort InterestHealthy3.44% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthDecreasingFrom $0.07 to ($0.19) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.63 out of 5 starsFinance Sector192nd out of 861 stocksReal Estate Investment Trusts Industry38th out of 190 stocks 3.0 Analyst's Opinion Consensus RatingiStar has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.00, iStar has a forecasted upside of 124.8% from its current price of $9.34.Amount of Analyst CoverageiStar has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.44% of the outstanding shares of iStar have been sold short.Short Interest Ratio / Days to CoveriStar has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in iStar has recently decreased by 5.38%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipiStar is a leading dividend payer. It pays a dividend yield of 3.93%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthiStar does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of iStar is 5.14%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for STAR. Previous Next 1.7 News and Social Media Coverage News SentimentiStar has a news sentiment score of 0.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for iStar this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for STAR on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows3 people have added iStar to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, iStar insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.88% of the stock of iStar is held by insiders.Percentage Held by Institutions84.11% of the stock of iStar is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for iStar are expected to decrease in the coming year, from $0.07 to ($0.19) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of iStar is 1.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.77.Price to Earnings Ratio vs. SectorThe P/E ratio of iStar is 1.26, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 185.59.Price to Book Value per Share RatioiStar has a P/B Ratio of 0.63. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About iStar (NYSE:STAR) StockiStar, Inc. is a real estate investment trust company which engages in the financing, investing, and development of real estate and related projects. It operates through the following segments: Real Estate Finance, Net Lease, Operating Properties, Land and Development, and Corporate and Other. The Real Estate Finance segment includes all of the activities of the company related to senior and mezzanine real estate loans and real estate related securities. The Net Lease segment consists of activities of the company and operations related to the ownership of properties generally leased to single corporate tenants. The Operating Properties segment focuses on the activities and operations related to its commercial and residential properties. The Land and Development segment refers to the developable land portfolio of the company. The Corporate and Other segment represents all the corporate level and unallocated items, joint venture, and strategic investments. The company was founded by Jay Sugarman in 1993 and is headquartered in New York, NY.Read More Receive STAR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for iStar and its competitors with MarketBeat's FREE daily newsletter. Email Address STAR Stock News HeadlinesJanuary 31, 2023 | americanbankingnews.comiStar (NYSE:STAR) Downgraded to "Market Perform" at Raymond JamesJanuary 26, 2023 | msn.comRings of Power: Who Are The Istari, and Why Is Only One in the Finale?February 7, 2023 | Wall Street Watch Dogs (Ad)The #1 Energy Stock to BuyThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…January 21, 2023 | finance.yahoo.comiStar Inc. (STAR) Stock Historical Prices & Data - Yahoo FinanceJanuary 12, 2023 | finance.yahoo.comiStar Announces Tax Treatment of 2022 DividendsJanuary 2, 2023 | msn.comLord of the Rings: What Are the Elven Rings of Power - and Who Has Them?December 19, 2022 | finance.yahoo.comiStar Announces Filing of Form 10 Registration Statement for Planned Spin-Off of Star HoldingsDecember 17, 2022 | bizjournals.comYear in Review: Here are the top 10 Valley office sales of 2022February 7, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...December 17, 2022 | fool.comiStar (NYSE: STAR)November 29, 2022 | finance.yahoo.comiStar Announces Details for Its Special DividendNovember 23, 2022 | msn.comiStar's Return On Capital Employed OverviewNovember 21, 2022 | finance.yahoo.comiStar Announces Dividend ActionsNovember 17, 2022 | seekingalpha.comWin/Win For iSTAR Preferred 'G': Potential 22% Return From Now Until Safehold MergerNovember 14, 2022 | marketwatch.comMan Portable Military Electronics Market Size Related To Time and Cost Is Expected To Grow the Industry in Upcoming Years to 2028November 3, 2022 | finance.yahoo.comiStar Reports Third Quarter 2022 ResultsOctober 26, 2022 | finance.yahoo.comiStar Sets Third Quarter 2022 Earnings Release Date and WebcastOctober 25, 2022 | nasdaq.comiStar Series I Cumulative Redeemable Preferred Stock Shares Cross 8.5% Yield MarkOctober 25, 2022 | msn.comRings of Power: Why the Istar Doesn't Know His IdentityOctober 20, 2022 | msn.comIstar: Why Lord of the Rings' 'Rings of Power' Season 2 may feature a second wizardOctober 17, 2022 | msn.comIstar Explained & Why The Istari Are Important To Rings Of Power Season 2October 14, 2022 | benzinga.comFrom A to Z: All The REITs Hitting New 52-Week Lows This Week - Apartment Income REIT (NYSE:AIRC), Americ - BenzingaOctober 14, 2022 | msn.comThe Stranger's Identity Confirmed: Yes, He's THAT Person - msnNOWOctober 14, 2022 | msn.comLord of the Rings: What is an Istar? Istari in The Rings of Power explained - msnNOWOctober 14, 2022 | time.comThe Meaning of Istar and Wizards in The Rings of Power - TIMEOctober 14, 2022 | time.comWho Are the Three Witches in The Rings of Power? - TIMESeptember 29, 2022 | globenewswire.comThe Global Glaucoma Drainage Devices Market to Register Growth at a Stunning CAGR of 11.95% by 2027 | DelveInsight - GlobeNewswireSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive STAR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for iStar and its competitors with MarketBeat's FREE daily newsletter. Email Address STAR Company Calendar Last Earnings11/02/2021Today2/07/2023Next Earnings (Confirmed)2/21/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:STAR Previous SymbolNYSE:SFI CUSIPN/A CIK1095651 Webwww.istar.com Phone(212) 930-9400Fax212-930-9494Employees144Year FoundedN/APrice Target and Rating Average Stock Price Forecast$21.00 High Stock Price Forecast$21.00 Low Stock Price Forecast$21.00 Forecasted Upside/Downside+124.8%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$7.40 Trailing P/E Ratio1.26 Forward P/E Ratio133.43 P/E GrowthN/ANet Income$132.48 million Net Margins288.50% Pretax Margin-88.19% Return on Equity-7.41% Return on Assets-2.85% Debt Debt-to-Equity Ratio0.99 Current Ratio10.74 Quick Ratio10.74 Sales & Book Value Annual Sales$308.63 million Price / Sales2.63 Cash Flow$3.45 per share Price / Cash Flow2.71 Book Value$14.83 per share Price / Book0.63Miscellaneous Outstanding Shares86,830,000Free Float82,595,000Market Cap$810.99 million OptionableOptionable Beta1.31 Key ExecutivesJay SugarmanChairman & Chief Executive OfficerMarcos AlvaradoPresident & Chief Investment OfficerBrett AsnasChief Financial OfficerAnthony V. EspositoSenior Vice President & ControllerKyle CurtinChief Administrative OfficerKey CompetitorsARMOUR Residential REITNYSE:ARRUniversal Health Realty Income TrustNYSE:UHTGlobal Medical REITNYSE:GMREUrstadt Biddle PropertiesNYSE:UBARPT RealtyNYSE:RPTView All CompetitorsInsiders & InstitutionsEnvestnet Asset Management Inc.Sold 36,126 shares on 2/7/2023Ownership: 0.030%Commonwealth Equity Services LLCSold 1,500 shares on 2/7/2023Ownership: 0.015%SpiderRock Advisors LLCSold 23,800 shares on 2/7/2023Ownership: 0.000%Asset Management One Co. Ltd.Bought 7,703 shares on 2/6/2023Ownership: 0.155%Ellevest Inc.Bought 3,247 shares on 2/3/2023Ownership: 0.004%View All Institutional Transactions STAR Stock - Frequently Asked Questions Should I buy or sell iStar stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for iStar in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" STAR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in STAR, but not buy additional shares or sell existing shares. View STAR analyst ratings or view top-rated stocks. What is iStar's stock price forecast for 2023? 1 Wall Street research analysts have issued 1-year price objectives for iStar's stock. Their STAR share price forecasts range from $21.00 to $21.00. On average, they predict the company's share price to reach $21.00 in the next year. This suggests a possible upside of 124.8% 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 at the beginning of the year. Since then, STAR stock has increased by 22.4% and is now trading at $9.34. View the best growth stocks for 2023 here. When is iStar's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023. View our STAR earnings forecast. How can I listen to iStar's earnings call? iStar will be holding an earnings conference call on Tuesday, February 21st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 919-882-2331 with passcode "47582". How were iStar's earnings last quarter? iStar Inc. (NYSE:STAR) posted its quarterly earnings data on Tuesday, November, 2nd. The real estate investment trust reported $1.76 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 in the prior year, the business posted ($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. Investors of record on Thursday, September 1st will be paid a dividend of $0.125 per share on Thursday, September 15th. This represents a $0.50 dividend on an annualized basis and a yield of 5.35%. 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 $0.38 per share and currently has a dividend yield of 3.93%. The dividend payout ratio is 5.14%. 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 many different retail and institutional investors. Top institutional investors include Ursa Fund Management LLC (1.04%), Private Management Group Inc. (0.78%), Douglas Lane & Associates LLC (0.54%), Sterneck Capital Management LLC (0.17%), Asset Management One Co. Ltd. (0.16%) and National Bank of Canada FI (0.15%). 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 $9.34. How much money does iStar make? iStar (NYSE:STAR) has a market capitalization of $810.99 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 2/7/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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