NYSE:STAR - istar Stock Price, News, & Analysis

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$9.63 +0.21 (+2.23 %)
(As of 05/24/2019 03:38 PM ET)
Previous Close$9.42
Today's Range$9.49 - $9.67
52-Week Range$7.84 - $11.44
Volume22,635 shs
Average Volume599,267 shs
Market Capitalization$622.96 million
P/E RatioN/A
Dividend Yield4.41%
Beta1
iStar (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 $40 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
CUSIPN/A
Phone212-930-9400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$798.12 million
Cash Flow$0.0108 per share
Book Value$15.60 per share

Profitability

Net Income$-32,260,000.00

Miscellaneous

Employees166
Market Cap$622.96 million
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable

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 often does istar pay dividends? What is the dividend yield for istar?

istar declared a quarterly dividend on Tuesday, May 7th. Investors of record on Wednesday, May 15th will be given a dividend of $0.10 per share on Friday, May 31st. This represents a $0.40 annualized dividend and a dividend yield of 4.15%. The ex-dividend date is Tuesday, May 14th. This is a boost from istar's previous quarterly dividend of $0.09. View istar's Dividend History.

How will istar's stock buyback program work?

istar declared that its Board of Directors has initiated a stock buyback plan on Friday, December 15th 2017, which permits the company to repurchase 50,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its shares are undervalued.

How were istar's earnings last quarter?

istar Inc (NYSE:STAR) released its quarterly earnings results on Thursday, May, 2nd. The real estate investment trust reported ($0.26) EPS for the quarter, missing analysts' consensus estimates of ($0.21) by $0.05. The real estate investment trust earned $106.80 million during the quarter, compared to analyst estimates of $125.90 million. istar had a negative return on equity of 5.87% and a negative net margin of 14.17%. istar's revenue for the quarter was down 70.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.35 EPS. 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 1st 2019. View Earnings Estimates for istar.

What price target have analysts set for STAR?

1 analysts have issued 12-month price targets for istar's shares. Their predictions range from $11.50 to $11.50. On average, they expect istar's stock price to reach $11.50 in the next twelve months. This suggests a possible upside of 19.4% from the stock's current price. View Analyst Price Targets for istar.

What is the consensus analysts' recommendation for istar?

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

Has istar been receiving favorable news coverage?

News headlines about STAR stock have been trending negative this week, according to InfoTrie. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. istar earned a news impact score of -2.9 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future.

Who are some of istar's key competitors?

What other stocks do shareholders of istar own?

Who are istar's key executives?

istar's management team includes the folowing people:
  • Mr. Jay S. Sugarman, Chairman & CEO (Age 56)
  • Ms. Nina B. Matis, Vice Chairman (Age 71)
  • Mr. Marcos Alvarado, Pres & Chief Investment Officer (Age 38)
  • Mr. Andrew C. Richardson CPA, CFO and Pres of Land & Devel. (Age 52)
  • Mr. Geoffrey G. Jervis, Advisor (Age 47)

Who are istar's major shareholders?

istar's stock is owned by many different of retail and institutional investors. Top institutional investors include Diamond Hill Capital Management Inc. (7.70%), FMR LLC (4.25%), Private Management Group Inc. (3.37%), Citigroup Inc. (1.63%), Northern Trust Corp (1.32%) and Geode Capital Management LLC (1.18%). Company insiders that own istar stock include Aneel Singh Waraich, Azevedo Luis Mauricio F De, Dale Ann Reiss, Dale Anne Reiss, Istar Inc, Matthew Gaden Western Wood and Robert W Holman Jr. View Institutional Ownership Trends for istar.

Which major investors are selling istar stock?

STAR stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Diamond Hill Capital Management Inc., Raymond James Financial Services Advisors Inc., Real Estate Management Services LLC, Envestnet Asset Management Inc., AQR Capital Management LLC, Hsbc Holdings PLC and Parametric Portfolio Associates LLC. View Insider Buying and Selling for istar.

Which major investors are buying istar stock?

STAR stock was acquired by a variety of institutional investors in the last quarter, including IndexIQ Advisors LLC, Mercer Global Advisors Inc. ADV, Charles Schwab Investment Management Inc., Dalton Greiner Hartman Maher & Co., Pinebridge Investments L.P., Geode Capital Management LLC, 6 Meridian and Ellington Management Group LLC. Company insiders that have bought istar stock in the last two years include Aneel Singh Waraich, Azevedo Luis Mauricio F De, Dale Ann Reiss, Dale Anne Reiss, Istar Inc, Matthew Gaden Western Wood and Robert W Holman Jr. 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 $9.63.

How big of a company is istar?

istar has a market capitalization of $622.96 million and generates $798.12 million in revenue each year. The real estate investment trust earns $-32,260,000.00 in net income (profit) each year or ($0.95) on an earnings per share basis. istar employs 166 workers across the globe.

What is istar's official website?

The official website for istar is http://www.istar.com/.

How can I contact istar?

istar's mailing address is 1114 AVENUE OF THE AMERICAS, 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 (NYSE STAR)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  236 (Vote Outperform)
Underperform Votes:  224 (Vote Underperform)
Total Votes:  460
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 5/24/2019 by MarketBeat.com Staff

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