NYSE:STARistar Stock Price, Forecast & News

istar's stock was trading at $14.54 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, STAR stock has decreased by 13.8% and is now trading at $12.53. 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) issued its quarterly earnings data on Thursday, April, 30th. The real estate investment trust reported $0.14 EPS for the quarter, beating the consensus estimate of $0.12 by $0.02. The real estate investment trust earned $173.46 million during 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 declared a quarterly dividend on Friday, May 15th. Shareholders 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 dividend yield of 3.51%. 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 12 month price targets for istar's shares. Their forecasts range from $16.50 to $16.50. On average, they anticipate istar's stock price to reach $16.50 in the next twelve months. This suggests a possible upside of 31.7% from the stock's current price. View analysts' price targets for istar.

Media coverage about STAR stock has been trending somewhat negative on Thursday, according to InfoTrie. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. istar earned a news sentiment score of -1.9 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an effect on the stock's share price in the near term. View the latest news aboutistar.

Some companies that are related to istar include Blackstone Mortgage Trust (BXMT), New Residential Investment (NRZ), Rayonier (RYN), Sabra Health Care REIT (SBRA), Howard Hughes (HHC), Keppel REIT (KREVF), Corporate Office Properties Trust (OFC), EPR Properties (EPR), National Health Investors (NHI), Lexington Realty Trust (LXP), Weingarten Realty Investors (WRI), Taubman Centers (TCO), Apple Hospitality REIT (APLE), Great Portland Estates (GPEAF) 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."

istar's stock is owned by a number of retail and institutional investors. Top institutional shareholders include UBS Group AG (8.70%), State Street Corp (3.06%), Diamond Hill Capital Management Inc. (2.49%), Invesco Ltd. (1.73%), Alyeska Investment Group L.P. (1.25%) and Geode Capital Management LLC (1.25%). Company insiders that own istar stock include Dale Anne Reiss, Istar Inc, Marcos Alvarado and Robert W Holman Jr. View institutional ownership trends for istar.

STAR stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Diamond Hill Capital Management Inc., Invesco Ltd., Grantham Mayo Van Otterloo & Co. LLC, Nuveen Asset Management LLC, Public Sector Pension Investment Board, Real Estate Management Services LLC, and State of Michigan Retirement System. View insider buying and selling activity for istar.

STAR stock was purchased by a variety of institutional investors in the last quarter, including Alyeska Investment Group L.P., Balyasny Asset Management LLC, Centaurus Financial Inc., State Street Corp, Geode Capital Management LLC, Principal Financial Group Inc., Canada Pension Plan Investment Board, and UBS Group AG. Company insiders that have bought istar stock in the last two years include Dale Anne Reiss, Istar Inc, Marcos Alvarado, and Robert W Holman Jr. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of STAR stock can currently be purchased for approximately $12.53.

istar has a market capitalization of $958.55 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]