NYSE:STAR - istar Stock Price, Price Target & More

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$11.03 -0.09 (-0.81 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$11.12
Today's Range$10.99 - $11.23
52-Week Range$9.75 - $12.29
Volume915,700 shs
Average Volume505,899 shs
Market Capitalization$759.81 million
P/E Ratio4.77
Dividend YieldN/A
Beta0.95
istar logoiStar (NYSE: STAR) finances, invests in and develops real estate and real estate related projects as part of its fully-integrated investment platform. Building on over two decades of experience and more than $35 billion of transactions, iStar brings uncommon capabilities and new ways of thinking to commercial real estate and adapts its investment strategy to changing market conditions. The Company is structured as a real estate investment trust ("REIT"), with a diversified portfolio focused on larger assets located in major metropolitan markets.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:STAR
CUSIPN/A
Phone212-930-9400

Debt

Debt-to-Equity Ratio3.17
Current Ratio8.16
Quick Ratio8.16

Price-To-Earnings

Trailing P/E Ratio4.77
Forward P/E Ratio40.85
P/E GrowthN/A

Sales & Book Value

Annual Sales$679.20 million
Price / Sales1.10
Cash Flow$4.5020 per share
Price / Cash2.45
Book Value$13.40 per share
Price / Book0.82

Profitability

EPS (Most Recent Fiscal Year)$2.31
Net Income$175.68 million
Net Margins24.05%
Return on Equity28.33%
Return on Assets5.78%

Miscellaneous

Employees186
Outstanding Shares67,900,000

istar (NYSE:STAR) Frequently Asked Questions

What is istar's stock symbol?

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

How will istar's stock buyback program work?

istar declared that its board has initiated a stock repurchase program on Friday, December 15th 2017, which authorizes the company to buyback 50,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

How were istar's earnings last quarter?

istar Inc (NYSE:STAR) released its quarterly earnings results on Thursday, May, 3rd. The real estate investment trust reported $0.35 earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.43. The real estate investment trust had revenue of $364.25 million for the quarter, compared to analysts' expectations of $109.35 million. istar had a net margin of 24.05% and a return on equity of 28.33%. View istar's Earnings History.

When is istar's next earnings date?

istar is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for istar.

What price target have analysts set for STAR?

3 equities research analysts have issued 12-month target prices for istar's shares. Their forecasts range from $14.00 to $14.00. On average, they anticipate istar's stock price to reach $14.00 in the next twelve months. View Analyst Ratings for istar.

Who are some of istar's key competitors?

Who are istar's key executives?

istar's management team includes the folowing people:
  • Mr. Jay S. Sugarman, Chairman & CEO (Age 55)
  • Ms. Nina B. Matis, Vice Chairman & Chief Legal Officer (Age 70)
  • Mr. Geoffrey G. Jervis, Advisor (Age 46)
  • Mr. Andrew C. Richardson CPA, Interim Chief Financial Officer (Age 51)
  • Mr. Marcos Alvarado, Chief Investment Officer (Age 37)

Has istar been receiving favorable news coverage?

Media coverage about STAR stock has been trending somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. istar earned a media sentiment score of 0.03 on Accern's scale. They also assigned media stories about the real estate investment trust an impact score of 46.20 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Who are istar's major shareholders?

istar's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Diamond Hill Capital Management Inc. (10.50%), BlackRock Inc. (9.33%), UBS Group AG (8.45%), Private Management Group Inc. (2.19%), Loomis Sayles & Co. L P (1.63%) and Citigroup Inc. (1.52%). Company insiders that own istar stock include Aneel Singh Waraich, Azevedo Luis Mauricio F De, Dale Ann Reiss, Istar Inc, Jay Sugarman, Matthew Gaden Western Wood, Nina Matis and Robin Josephs. View Institutional Ownership Trends for istar.

Which institutional investors are selling istar stock?

STAR stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., BlackRock Inc., Diamond Hill Capital Management Inc., Van ECK Associates Corp, Barclays PLC, Citigroup Inc., Stevens Capital Management LP and Jane Street Group LLC. View Insider Buying and Selling for istar.

Which institutional investors are buying istar stock?

STAR stock was purchased by a variety of institutional investors in the last quarter, including Private Management Group Inc., JPMorgan Chase & Co., UBS Group AG, Loomis Sayles & Co. L P, InterOcean Capital LLC, Campbell & CO Investment Adviser LLC, Element Capital Management LLC and Dynamic Technology Lab Private Ltd. Company insiders that have bought istar stock in the last two years include Aneel Singh Waraich, Azevedo Luis Mauricio F De, Dale Ann Reiss, Istar Inc and Matthew Gaden Western Wood. View Insider Buying and Selling for istar.

How do I buy shares of istar?

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

What is istar's stock price today?

One share of STAR stock can currently be purchased for approximately $11.03.

How big of a company is istar?

istar has a market capitalization of $759.81 million and generates $679.20 million in revenue each year. The real estate investment trust earns $175.68 million in net income (profit) each year or $2.31 on an earnings per share basis. istar employs 186 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 real estate investment trust can be reached via phone at 212-930-9400 or via email at [email protected]


MarketBeat Community Rating for istar (STAR)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  137 (Vote Outperform)
Underperform Votes:  123 (Vote Underperform)
Total Votes:  260
MarketBeat's community ratings are surveys of what our community members think about istar and other stocks. Vote "Outperform" if you believe STAR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe STAR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/23/2018 by MarketBeat.com Staff

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