NYSE:STAR - istar Stock Price, News, & Analysis

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$9.51 +0.08 (+0.85 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$9.43
Today's Range$9.39 - $9.52
52-Week Range$8.89 - $11.44
Volume346,872 shs
Average Volume388,544 shs
Market Capitalization$640.26 million
P/E Ratio4.12
Dividend Yield3.82%
Beta0.96
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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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$679.20 million
Cash Flow$4.5942 per share
Book Value$13.40 per share

Profitability

Net Income$175.68 million

Miscellaneous

Employees186
Market Cap$640.26 million
OptionableOptionable

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 announced a quarterly dividend on Thursday, November 1st. Shareholders of record on Thursday, November 15th will be paid a dividend of $0.09 per share on Friday, November 30th. This represents a $0.36 annualized dividend and a yield of 3.79%. The ex-dividend date is Wednesday, November 14th. View istar's Dividend History.

How will istar's stock buyback program work?

istar declared that its Board of Directors has authorized a share repurchase plan on Friday, December 15th 2017, which permits the company to buyback 50,000,000 shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its stock is undervalued.

How were istar's earnings last quarter?

istar Inc (NYSE:STAR) posted its earnings results on Thursday, November, 1st. The real estate investment trust reported $0.05 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.15 by $0.10. The real estate investment trust earned $122.14 million during the quarter, compared to analysts' expectations of $120.53 million. istar had a net margin of 10.29% and a return on equity of 11.04%. The firm's revenue was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.05) 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 Monday, February 25th 2019. View Earnings Estimates for istar.

What price target have analysts set for STAR?

3 brokers have issued 1 year price targets for istar's shares. Their predictions range from $11.50 to $11.50. On average, they anticipate istar's stock price to reach $11.50 in the next twelve months. This suggests a possible upside of 20.9% from the stock's current price. View Analyst Price Targets for istar.

What is the consensus analysts' recommendation for istar?

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

Has istar been receiving favorable news coverage?

Press coverage about STAR stock has trended positive this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by monitoring 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 media sentiment score of 2.8 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the immediate future.

Who are some of istar's key competitors?

Who are istar's key executives?

istar's management team includes the folowing people:
  • Mr. Jay S. Sugarman, Chairman & CEO (Age 55)
  • Ms. Nina B. Matis, Vice Chairman & Chief Legal Officer (Age 70)
  • Mr. Geoffrey G. Jervis, Advisor (Age 46)
  • Mr. Marcos Alvarado, Pres & Chief Investment Officer (Age 37)
  • Mr. Andrew C. Richardson CPA, CFO and Pres of Land & Devel. (Age 51)

Who are istar's major shareholders?

istar's stock is owned by a number of of institutional and retail investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.70%), Douglas Lane & Associates LLC (0.18%) and Louisiana State Employees Retirement System (0.04%). Company insiders that own istar stock include Aneel Singh Waraich, Azevedo Luis Mauricio F De, Dale Ann Reiss, Dale Anne Reiss, Istar Inc, Matthew Gaden Western Wood and Nina Matis. 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 Louisiana State Employees Retirement System and Douglas Lane & Associates LLC. View Insider Buying and Selling for istar.

Which major investors are buying istar stock?

STAR stock was purchased by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co.. Company insiders that have bought istar stock in the last two years include Aneel Singh Waraich, Azevedo Luis Mauricio F De, Dale Ann Reiss, Dale Anne Reiss, Istar Inc and Matthew Gaden Western Wood. 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, Scottrade, Fidelity and Charles Schwab.

What is istar's stock price today?

One share of STAR stock can currently be purchased for approximately $9.51.

How big of a company is istar?

istar has a market capitalization of $640.26 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.

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 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]


MarketBeat Community Rating for istar (NYSE STAR)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  213 (Vote Outperform)
Underperform Votes:  199 (Vote Underperform)
Total Votes:  412
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 1/18/2019 by MarketBeat.com Staff

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