NYSE:STARistar Stock Price, Forecast & News

istar's stock was trading at $14.54 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, STAR shares have decreased by 13.3% and is now trading at $12.60.
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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."
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istar is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020.
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istar Inc (NYSE:STAR) issued its quarterly earnings results on Thursday, April, 30th. The real estate investment trust reported $0.14 earnings per share for the quarter, beating the Thomson Reuters' 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 dividend on an annualized basis and a dividend yield of 3.49%. The ex-dividend date of this dividend is Friday, May 29th. This is an increase from istar's previous quarterly dividend of $0.10.
View istar's dividend history.

1 brokerages have issued 1 year price targets 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 year. This suggests a possible upside of 31.0% from the stock's current price.
View analysts' price targets for istar.

Press coverage about STAR stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. istar earned a news sentiment score of 1.4 on InfoTrie's scale. They also gave news headlines 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 immediate future.
View the latest news about istar.

istar saw a decrease in short interest during the month of July. As of July 31st, there was short interest totaling 9,070,000 shares, a decrease of 6.8% from the July 15th total of 9,730,000 shares. Based on an average trading volume of 715,700 shares, the short-interest ratio is presently 12.7 days. Currently, 12.5% of the shares of the company are sold short.
View istar's Current Options Chain.

Some companies that are related to istar include Equity Commonwealth (EQC), JBG SMITH Properties (JBGS), PS Business Parks (PSB), Rayonier (RYN), Physicians Realty Trust (DOC), SL Green Realty (SLG), Agree Realty (ADC), MGM Growth Properties (MGP), Brixmor Property Group (BRX), Blackstone Mortgage Trust (BXMT), New Residential Investment (NRZ), Sabra Health Care REIT (SBRA), Lexington Realty Trust (LXP), Howard Hughes (HHC) and Corporate Office Properties Trust (OFC).
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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 many different institutional and retail investors. Top institutional shareholders include UBS Group AG (8.61%), Principal Financial Group Inc. (0.78%), WINTON GROUP Ltd (0.56%), Dalton Greiner Hartman Maher & Co. (0.39%), Real Estate Management Services LLC (0.28%) and Swiss National Bank (0.23%). 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 WINTON GROUP Ltd, Dalton Greiner Hartman Maher & Co., UBS Group AG, Principal Financial Group Inc., 6 Meridian, Real Estate Management Services LLC, Envestnet Asset Management Inc., and Russell Investments Group Ltd..
View insider buying and selling activity for istar.

STAR stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, SG Americas Securities LLC, Swiss National Bank, Raymond James Financial Services Advisors Inc., Emerald Mutual Fund Advisers Trust, Dupont Capital Management Corp, Exchange Traded Concepts LLC, and ProShare Advisors LLC. 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 $12.60.

istar has a market capitalization of $963.90 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]