NYSE:STAR - istar Stock Price, Price Target & More

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

istar announced that its Board of Directors has approved a share repurchase program 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 repurchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's leadership believes its stock is undervalued.

istar Inc (NYSE:STAR) released its quarterly earnings results on Thursday, May, 3rd. The real estate investment trust reported $0.35 EPS for the quarter, beating the consensus estimate of ($0.08) by $0.43. The real estate investment trust earned $364.25 million during the quarter, compared to the consensus estimate of $109.35 million. istar had a return on equity of 28.33% and a net margin of 24.05%. View istar's Earnings History.

istar is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for istar.

3 equities research analysts have issued 12-month target prices for istar's stock. Their predictions range from $14.00 to $14.00. On average, they anticipate istar's stock price to reach $14.00 in the next twelve months. View Analyst Ratings for istar.

Some companies that are related to istar include Potlatchdeltic (PCH), Brandywine Realty Trust (BDN), Physicians Realty Trust (DOC), Keppel REIT (KREVF), Corporate Office Properties Trust (OFC), Retail Properties of America (RPAI), Empire State Realty Trust (ESRT), Two Harbors Investment (TWO), Outfront Media (OUT), Pebblebrook Hotel Trust (PEB), Corporate Express common stock (CXP), Corecivic (CXW), STAG Indl Inc/SH SH (STAG), Great Portland Estates (GPEAF) and Rexford Industrial Realty (REXR).

Headlines about STAR stock have been trending somewhat positive recently, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. istar earned a media sentiment score of 0.17 on Accern's scale. They also assigned headlines about the real estate investment trust an impact score of 46.92 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

istar's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Diamond Hill Capital Management Inc. (10.50%), BlackRock Inc. (9.33%), UBS Group AG (8.45%), Private Management Group Inc. (2.19%), Loomis Sayles & Co. L P (1.63%) and Citigroup Inc. (1.52%). Company insiders that own istar stock include Aneel Singh Waraich, Azevedo Luis Mauricio F De, Dale Ann Reiss, Istar Inc, Jay Sugarman, Matthew Gaden Western Wood, Nina Matis and Robin Josephs. View Institutional Ownership Trends for istar.

STAR stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., BlackRock Inc., Diamond Hill Capital Management Inc., Van ECK Associates Corp, Barclays PLC, Citigroup Inc., Stevens Capital Management LP and Jane Street Group LLC. View Insider Buying and Selling for istar.

STAR stock was acquired by a variety of institutional investors in the last quarter, including Private Management Group Inc., JPMorgan Chase & Co., UBS Group AG, Loomis Sayles & Co. L P, InterOcean Capital LLC, Campbell & CO Investment Adviser LLC, Element Capital Management LLC and Dynamic Technology Lab Private Ltd. Company insiders that have bought istar stock in the last two years include Aneel Singh Waraich, Azevedo Luis Mauricio F De, Dale Ann Reiss, Istar Inc and Matthew Gaden Western Wood. 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, Scottrade, Fidelity and Charles Schwab.

One share of STAR stock can currently be purchased for approximately $11.03.

istar has a market capitalization of $755.06 million and generates $679.20 million in revenue each year. The real estate investment trust earns $175.68 million in net income (profit) each year or $2.31 on an earnings per share basis. istar employs 186 workers across the globe.

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].