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

$12.99
-0.06 (-0.46 %)
(As of 09/23/2019 09:21 AM ET)
Today's Range
$12.87
Now: $12.99
$13.11
50-Day Range
$12.31
MA: $12.93
$13.51
52-Week Range
$7.84
Now: $12.99
$13.75
Volume515,873 shs
Average Volume477,112 shs
Market Capitalization$807.59 million
P/E RatioN/A
Dividend Yield3.07%
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. Read More…

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$798.12 million
Cash Flow$0.0101 per share
Book Value$15.66 per share

Profitability

Net Income$-32,260,000.00

Miscellaneous

Employees166
Market Cap$807.59 million
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable

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istar (NYSE:STAR) Frequently Asked Questions

What is istar's stock symbol?

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

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

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

How will istar's stock buyback program work?

istar announced that its Board of Directors has initiated a share repurchase plan on Friday, December 15th 2017, which authorizes the company to repurchase 50,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

How were istar's earnings last quarter?

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

When is istar's next earnings date?

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

What price target have analysts set for STAR?

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

What is the consensus analysts' recommendation 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.

Has istar been receiving favorable news coverage?

Media stories about STAR stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. istar earned a news sentiment score of -1.3 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for istar.

Are investors shorting 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. Currently, 20.0% of the shares of the stock are short sold. View istar's Current Options Chain.

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 folowing 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)

Who are istar's major shareholders?

istar's stock is owned by many different of retail and institutional investors. Top institutional shareholders 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.

Which major investors are selling istar stock?

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.

Which major investors are buying istar stock?

STAR stock was acquired 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.

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 $12.99.

How big of a company is istar?

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.

What is istar's official website?

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

How can I contact istar?

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]


MarketBeat Community Rating for istar (NYSE STAR)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  260 (Vote Outperform)
Underperform Votes:  249 (Vote Underperform)
Total Votes:  509
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.
This page was last updated on 9/23/2019 by MarketBeat.com Staff

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