NYSE:STARistar Stock Price, Forecast & News

istar's stock was trading at $14.54 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, STAR shares have decreased by 20.8% and is now trading at $11.51. View which stocks have been most impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for istar in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for istar.

istar is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for istar.

istar Inc (NYSE:STAR) released its earnings results on Thursday, April, 30th. The real estate investment trust reported $0.14 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.12 by $0.02. The real estate investment trust had revenue of $173.46 million for the quarter, compared to analyst estimates of $101.50 million. istar had a return on equity of 25.33% and a net margin of 58.20%. View istar's earnings history.

istar announced a quarterly dividend on Friday, May 15th. Stockholders of record on Monday, June 1st will be given a dividend of $0.11 per share on Monday, June 15th. This represents a $0.44 annualized dividend and a yield of 3.82%. The ex-dividend date of this dividend is Friday, May 29th. This is a positive change from istar's previous quarterly dividend of $0.10. View istar's dividend history.

1 equities research analysts have issued 1-year price objectives for istar's stock. Their forecasts range from $16.50 to $16.50. On average, they expect istar's stock price to reach $16.50 in the next twelve months. This suggests a possible upside of 43.4% from the stock's current price. View analysts' price targets for istar.

Media coverage about STAR stock has trended negative on Tuesday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. istar earned a daily sentiment score of -2.1 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about istar.

istar saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 8,370,000 shares, an increase of 11.6% from the June 15th total of 7,500,000 shares. Based on an average trading volume of 833,600 shares, the days-to-cover ratio is currently 10.0 days. Currently, 11.4% of the shares of the company are short sold. View istar's Current Options Chain.

Some companies that are related to istar include Agree Realty (ADC), MGM Growth Properties (MGP), Physicians Realty Trust (DOC), Blackstone Mortgage Trust (BXMT), Rayonier (RYN), Sabra Health Care REIT (SBRA), New Residential Investment (NRZ), Corporate Office Properties Trust (OFC), Keppel REIT (KREVF), Lexington Realty Trust (LXP), Howard Hughes (HHC), National Health Investors (NHI), Great Portland Estates (GPEAF), EPR Properties (EPR) and Potlatchdeltic (PCH). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other istar investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), New Residential Investment (NRZ), Chipotle Mexican Grill (CMG), AGNC Investment (AGNC), Aegean Marine Petroleum Network (ANW), Apollo Commercial Real Est. Finance (ARI), Iron Mountain (IRM) and Macerich (MAC).

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

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, Robinhood, Fidelity, and Charles Schwab.

One share of STAR stock can currently be purchased for approximately $11.51.

istar has a market capitalization of $880.46 million and generates $479.50 million in revenue each year. The real estate investment trust earns $324.04 million in net income (profit) each year or $3.73 on an earnings per share basis. istar employs 166 workers across the globe.

The official website for istar is www.istar.com.

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]