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 (WHO). Since then, STAR stock has decreased by 21.4% and is now trading at $11.43. 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 earnings per share (EPS) 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 the consensus estimate 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 yield of 3.85%. The ex-dividend date is Friday, May 29th. This is a positive change from istar's previous quarterly dividend of $0.10. View istar's dividend history.

1 brokerages have issued 12-month price targets for istar's stock. Their forecasts range from $16.50 to $16.50. On average, they anticipate istar's share price to reach $16.50 in the next year. This suggests a possible upside of 44.4% from the stock's current price. View analysts' price targets for istar.

News articles about STAR stock have been trending positive on Friday, according to InfoTrie. InfoTrie ranks the sentiment of press 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 negative five to five, with scores closest to five being the most favorable. istar earned a news sentiment score of 3.0 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. 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 daily volume of 833,600 shares, the days-to-cover ratio is currently 10.0 days. Currently, 11.4% of the company's stock are sold short. View istar's Current Options Chain.

Some companies that are related to istar include Brixmor Property Group (BRX), MGM Growth Properties (MGP), Agree Realty (ADC), Physicians Realty Trust (DOC), Rayonier (RYN), Blackstone Mortgage Trust (BXMT), Sabra Health Care REIT (SBRA), New Residential Investment (NRZ), Corporate Office Properties Trust (OFC), Howard Hughes (HHC), Keppel REIT (KREVF), Lexington Realty Trust (LXP), Great Portland Estates (GPEAF), Potlatchdeltic (PCH) and National Health Investors (NHI). 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 many different institutional and retail investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.39%), Envestnet Asset Management Inc. (0.07%) and 6 Meridian (0.05%). 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 Dalton Greiner Hartman Maher & Co., 6 Meridian, and Envestnet Asset Management Inc.. 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 $11.43.

istar has a market capitalization of $874.40 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]