NYSE:STAR

iStar Stock Forecast, Price & News

$14.95

-0.22 (-1.45 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$14.89

Now: $14.95▼

$15.17

50-Day Range

$14.08

MA: $14.71▼

$15.19

52-Week Range

$5.48

Now: $14.95▼

$17.50

Volume453,154 shs

Average Volume536,405 shs

Market Capitalization$1.11 billion

P/E RatioN/A

Dividend Yield2.90%

Beta0.71

iStar Inc. (NYSE: STAR) is focused on reinventing the ground lease sector, unlocking value for real estate owners throughout the country by providing modern, more efficient ground leases on all types of properties. As the founder, investment manager and largest shareholder of Safehold Inc. (NYSE: SAFE), the first publicly traded company to focus on modern ground leases, iStar is helping create a logical new approach to the way real estate is owned, and continues to use its historic strengths in finance and net lease to expand this unique platform. Recognized as a consistent innovator in the real estate markets, iStar specializes in identifying and scaling newly discovered opportunities and has completed more than $40 billion of transactions over the past two decades.

MarketRank^™

Overall MarketRank^™

1.92 out of 5 stars

Finance Sector

291st out of 1,704 stocks

Real Estate Investment Trusts Industry

64th out of 260 stocks

2.5 Analyst's Opinion

Consensus Rating
iStar has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $16.50, iStar has a forecasted upside of 10.4% from its current price of $14.95.
Amount of Analyst Coverage
iStar has received no research coverage in the past 90 days.

2.5 Community Rank

Outperform Votes
iStar has received 306 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
iStar has received 297 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
iStar has received 50.75% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about iStar and other stocks. Vote “Outperform” if you believe STAR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe STAR will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
iStar pays a meaningful dividend of 2.90%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
iStar has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of iStar is 11.80%. This payout ratio is at a healthy, sustainable level, below 75%.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, iStar insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.88% of the stock of iStar is held by insiders.
Percentage Held by Institutions
92.81% of the stock of iStar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for iStar are expected to grow in the coming year, from ($1.05) to ($0.81) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of iStar is -10.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of iStar is -10.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
iStar has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Real estate investment trusts

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:STAR

Previous SymbolNYSE:SFI

CUSIPN/A

CIK1095651

Webwww.istar.com

Phone212-930-9400

Employees155

Debt

Debt-to-Equity Ratio2.98

Current Ratio2.00

Quick Ratio2.00

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$479.50 million

Price / Sales2.31

Cash Flow$7.19 per share

Price / Cash Flow2.08

Book Value$19.91 per share

Price / Book0.75

Profitability

EPS (Most Recent Fiscal Year)$3.73

Net Income$324.04 million

Net Margins-12.94%

Return on Equity-5.85%

Return on Assets-1.36%

Miscellaneous

Outstanding Shares73,977,000

Market Cap$1.11 billion

Next Earnings Date2/22/2021 (Estimated)

OptionableOptionable

$14.95

-0.22 (-1.45 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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iStar (NYSE:STAR) Frequently Asked Questions

How has iStar's stock been impacted by COVID-19?

iStar's stock was trading at $14.54 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, STAR stock has increased by 2.8% and is now trading at $14.95.
View which stocks have been most impacted by COVID-19.

Is iStar a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for iStar in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" iStar stock.
View analyst ratings for iStar or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than iStar?

Wall Street analysts have given iStar a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but iStar wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is iStar's next earnings date?

iStar is scheduled to release its next quarterly earnings announcement on Monday, February 22nd 2021.
View our earnings forecast for iStar.

How were iStar's earnings last quarter?

iStar Inc. (NYSE:STAR) released its quarterly earnings data on Tuesday, November, 3rd. The real estate investment trust reported $0.29 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.05 by $0.24. iStar had a negative return on equity of 5.85% and a negative net margin of 12.94%.
View iStar's earnings history.

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

iStar announced a quarterly dividend on Tuesday, November 17th. Shareholders of record on Tuesday, December 1st will be given a dividend of $0.11 per share on Tuesday, December 15th. This represents a $0.44 annualized dividend and a dividend yield of 2.94%. The ex-dividend date is Monday, November 30th.
View iStar's dividend history.

Is iStar a good dividend stock?

iStar pays an annual dividend of $0.44 per share and currently has a dividend yield of 2.90%. iStar does not yet have a strock track record of dividend growth. The dividend payout ratio of iStar is 11.80%. This payout ratio is at a healthy, sustainable level, below 75%.
View iStar's dividend history.

What price target have analysts set for STAR?

1 Wall Street analysts have issued 12 month price targets for iStar's shares. 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 10.4% from the stock's current price.
View analysts' price targets for iStar or view Wall Street analyst' top-rated stocks.

Who are some of iStar's key competitors?

Some companies that are related to iStar include Rayonier (RYN), JBG SMITH Properties (JBGS), Healthcare Realty Trust (HR), Highwoods Properties (HIW), MGM Growth Properties (MGP), QTS Realty Trust (QTS), New Residential Investment (NRZ), Blackstone Mortgage Trust (BXMT), Agree Realty (ADC), PS Business Parks (PSB), Ryman Hospitality Properties (RHP), Physicians Realty Trust (DOC), Sabra Health Care REIT (SBRA), PotlatchDeltic (PCH) and Equity Commonwealth (EQC).
View all of STAR's competitors.

What other stocks do shareholders of iStar own?

Based on aggregate information from My MarketBeat watchlists, some companies that other iStar investors own include CA (CA), BlackRock (BLK), Iron Mountain (IRM), The Macerich (MAC), Medical Properties Trust (MPW), New Residential Investment (NRZ), NVIDIA (NVDA), AGNC Investment (AGNC), Endologix (ELGX) and Energy Transfer (ET).

Who are iStar's key executives?

iStar's management team includes the following people:

Mr. Jay S. Sugarman, Exec. Chairman & CEO (Age 57, Pay $1.02M)
Mr. Marcos Alvarado, Pres & Chief Investment Officer (Age 39, Pay $2.71M)
Mr. Jeremy Fox-Geen, Chief Financial Officer
Garett Rosenblum, Chief Accounting Officer
Mr. Jason Fooks, Sr. VP of Investor Relations & Marketing
Mr. Geoffrey M. Dugan, Sr. VP, Compliance Officer, Gen. Counsel of Corp. & Corp. Sec.
Mr. Douglas B. Heitner, Chief Legal Officer (Age 39)
Ms. Kate Doerge, Sr. VP of Marketing
Mr. Barclay G. Jones III, Exec. VP of Net Lease Investments (Age 59)
Mr. Elisha Blechner, Exec. VP & Co-Head of Investments

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 number of retail and institutional investors. Top institutional shareholders include Douglas Lane & Associates LLC (0.14%), State of Alaska Department of Revenue (0.08%), Dalton Greiner Hartman Maher & Co. (0.06%), Louisiana State Employees Retirement System (0.05%), Rowland Carmichael Advisors Inc. ADV (0.03%) and Crossmark Global Holdings Inc. (0.02%). Company insiders that own iStar stock include 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 Dalton Greiner Hartman Maher & Co., State of Alaska Department of Revenue, Crossmark Global Holdings Inc., Douglas Lane & Associates LLC, Rowland Carmichael Advisors Inc. ADV, and Louisiana State Employees Retirement System.
View insider buying and selling activity for iStar or view top insider-selling stocks.

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 WeBull, 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 $14.95.

How big of a company is iStar?

iStar has a market capitalization of $1.11 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 155 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 1/17/2021 by MarketBeat.com Staff

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