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 (WHO). Since then, STAR stock has decreased by 7.4% and is now trading at $13.46. 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 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 analysts' expectations of $101.50 million. istar had a net margin of 58.20% and a return on equity of 25.33%. 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 dividend yield of 3.27%. The ex-dividend date is Friday, May 29th. This is an increase from istar's previous quarterly dividend of $0.10. View istar's dividend history.

1 equities research analysts have issued twelve-month target prices for istar's stock. 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 22.6% from the stock's current price. View analysts' price targets for istar.

News coverage about STAR stock has trended somewhat negative recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. istar earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutistar.

Some companies that are related to istar include SL Green Realty (SLG), MGM Growth Properties (MGP), PS Business Parks (PSB), QTS Realty Trust (QTS), Agree Realty (ADC), Blackstone Mortgage Trust (BXMT), Physicians Realty Trust (DOC), New Residential Investment (NRZ), Howard Hughes (HHC), Sabra Health Care REIT (SBRA), Rayonier (RYN), EPR Properties (EPR), Corporate Office Properties Trust (OFC), Keppel REIT (KREVF) and Weingarten Realty Investors (WRI). 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 variety of retail and institutional investors. Top institutional investors 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 acquired 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 $13.46.

istar has a market capitalization of $1.03 billion 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]