istar Stock Price, News & Analysis (NYSE:STAR)

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

istar announced a quarterly dividend on Friday, August 2nd. Shareholders of record on Thursday, August 15th will be given a dividend of $0.10 per share on Friday, August 30th. This represents a $0.40 dividend on an annualized basis and a yield of 3.08%. The ex-dividend date is Wednesday, August 14th. View istar's Dividend History.

istar announced that its Board of Directors has approved a stock repurchase program on Friday, December 15th 2017, which permits the company to repurchase 50,000,000 shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board believes its shares are undervalued.

istar Inc (NYSE:STAR) posted its quarterly earnings data on Thursday, August, 1st. The real estate investment trust reported $4.55 earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.30) by $4.85. The real estate investment trust had revenue of $98.47 million for the quarter, compared to analyst estimates of $97.50 million. istar had a net margin of 52.01% and a return on equity of 22.16%. During the same quarter last year, the company earned $0.55 EPS. View istar's Earnings History.

istar is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for istar.

2 analysts have issued twelve-month price targets for istar's stock. Their predictions range from $11.50 to $17.00. On average, they expect istar's stock price to reach $14.25 in the next year. This suggests a possible upside of 9.7% from the stock's current price. View Analyst Price Targets for istar.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for istar in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for istar.

News coverage about STAR stock has trended somewhat negative recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news 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 coverage optimism score of -1.3 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for istar.

istar saw a increase in short interest in August. As of August 31st, there was short interest totalling 11,750,300 shares, an increase of 11.1% from the July 31st total of 10,575,000 shares. Based on an average daily trading volume, of 875,400 shares, the days-to-cover ratio is presently 13.4 days. Approximately 20.0% of the shares of the company are short sold. View istar's Current Options Chain.

Some companies that are related to istar include Physicians Realty Trust (DOC), Paramount Group (PGRE), Agree Realty (ADC), Keppel REIT (KREVF), Apollo Commercial Real Est. Finance (ARI), RLJ Lodging Trust (RLJ), MGM Growth Properties (MGP), American Assets Trust (AAT), Colony Capital (CLNY), Potlatchdeltic (PCH), QTS Realty Trust (QTS), Hammerson (HMSNF), Brandywine Realty Trust (BDN), Retail Properties of America (RPAI) and Taubman Centers (TCO).

Based on aggregate information from My MarketBeat watchlists, some companies that other istar investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Aegean Marine Petroleum Network (ANW), Chipotle Mexican Grill (CMG), Micron Technology (MU), Designer Brands (DSW), Och-Ziff Capital Management Group (OZM), Apollo Commercial Real Est. Finance (ARI) and Centurylink (CTL).

istar's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (16.97%), UBS Group AG (9.49%), Diamond Hill Capital Management Inc. (6.32%), Invesco Ltd. (3.46%), Southside Capital LLC (1.93%) and Northern Trust Corp (1.40%). Company insiders that own istar stock include Aneel Singh Waraich, Dale Ann Reiss, Dale Anne Reiss, Istar Inc, Marcos Alvarado, Matthew Gaden Western Wood 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 Diamond Hill Capital Management Inc., Real Estate Management Services LLC, Grantham Mayo Van Otterloo & Co. LLC, Prudential Financial Inc., Pinebridge Investments L.P., KBC Group NV, Invesco Ltd. and Russell Investments Group Ltd.. View Insider Buying and Selling for istar.

STAR stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Nuveen Asset Management LLC, UBS Group AG, Southside Capital LLC, Renaissance Technologies LLC, Centaurus Financial Inc., Brookfield Asset Management Inc. and Dalton Greiner Hartman Maher & Co.. Company insiders that have bought istar stock in the last two years include Aneel Singh Waraich, Dale Ann Reiss, Dale Anne Reiss, Istar Inc, Marcos Alvarado, Matthew Gaden Western Wood and Robert W Holman Jr. View Insider Buying and Selling 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 $12.99.

istar has a market capitalization of $807.59 million and generates $798.12 million in revenue each year. The real estate investment trust earns $-32,260,000.00 in net income (profit) each year or ($0.95) on an earnings per share basis. istar employs 166 workers across the globe.View Additional Information About istar.

The official website for istar is http://www.istar.com/.

istar's mailing address is 1114 AVENUE OF THE AMERICAS, NEW YORK NY, 10036. The real estate investment trust can be reached via phone at 212-930-9400 or via email at [email protected]