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NYSE:STARistar Stock Price, Forecast & News

$10.93
-0.21 (-1.89 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$10.49
Now: $10.93
$11.21
50-Day Range
$7.71
MA: $9.26
$11.25
52-Week Range
$5.48
Now: $10.93
$17.50
Volume1.83 million shs
Average Volume653,540 shs
Market Capitalization$836.15 million
P/E Ratio3.18
Dividend Yield3.56%
Beta0.69
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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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.5Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.40 out of 5 stars


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$479.50 million
Cash Flow$5.52 per share
Book Value$15.16 per share

Profitability

Net Income$324.04 million

Miscellaneous

Employees166
Market Cap$836.15 million
Next Earnings Date8/6/2020 (Estimated)
OptionableOptionable

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istar (NYSE:STAR) Frequently Asked Questions

How has istar's stock been impacted by COVID-19 (Coronavirus)?

istar's stock was trading at $14.54 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, STAR shares have decreased by 24.8% and is now trading at $10.93. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of istar?

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.

When is istar's next earnings date?

istar is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for istar.

How were istar's earnings last quarter?

istar Inc (NYSE:STAR) posted its earnings results on Thursday, April, 30th. The real estate investment trust reported $0.14 earnings per share for the quarter, beating analysts' consensus estimates 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.

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

istar announced a quarterly dividend on Friday, May 15th. Investors 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 yield of 4.03%. The ex-dividend date of this dividend is Friday, May 29th. This is a boost from istar's previous quarterly dividend of $0.10. View istar's dividend history.

What price target have analysts set for STAR?

1 Wall Street analysts have issued 1 year 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 year. This suggests a possible upside of 51.0% from the stock's current price. View analysts' price targets for istar.

Has istar been receiving favorable news coverage?

News headlines about STAR stock have been trending very negative on Saturday, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. istar earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutistar.

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 following 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)

What is istar's stock symbol?

istar trades on the New York Stock Exchange (NYSE) under the ticker symbol "STAR."

Who are istar's major shareholders?

istar's stock is owned by a variety 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.

Which institutional investors are selling istar stock?

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.

Which institutional investors are buying istar stock?

STAR stock was bought 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.

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, Robinhood, Fidelity, and Charles Schwab.

What is istar's stock price today?

One share of STAR stock can currently be purchased for approximately $10.93.

How big of a company is istar?

istar has a market capitalization of $836.15 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.

What is istar's official website?

The official website for istar is www.istar.com.

How can I contact istar?

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]

This page was last updated on 5/30/2020 by MarketBeat.com Staff

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