NYSE:STAR iStar - STAR Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding iStar Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $7.27 +0.53 (+7.86%) (As of 03/20/2023 12:00 AM ET) Add Compare Share Share Today's Range$6.75▼$7.3450-Day Range$6.74▼$9.6452-Week Range$6.55▼$24.75Volume2.02 million shsAverage Volume983,830 shsMarket Capitalization$631.33 millionP/E Ratio1.16Dividend Yield3.44%Price Target$21.00 ProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media iStar MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside188.9% Upside$21.00 Price TargetShort InterestHealthy2.64% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.33Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.65 out of 5 starsFinance Sector336th out of 876 stocksReal Estate Investment Trusts Industry65th out of 192 stocks 3.0 Analyst's Opinion Consensus RatingiStar has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.00, iStar has a forecasted upside of 188.9% from its current price of $7.27.Amount of Analyst CoverageiStar has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.64% of the outstanding shares of iStar have been sold short.Short Interest Ratio / Days to CoveriStar has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in iStar has recently decreased by 4.58%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipiStar is a leading dividend payer. It pays a dividend yield of 3.71%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthiStar does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of iStar is 3.97%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for STAR. Previous Next 3.0 News and Social Media Coverage News SentimentiStar has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for iStar this week, compared to 2 articles on an average week.Search Interest7 people have searched for STAR on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.MarketBeat Follows6 people have added iStar to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, iStar insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.23% of the stock of iStar is held by insiders.Percentage Held by Institutions84.11% of the stock of iStar is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of iStar is 1.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.92.Price to Earnings Ratio vs. SectorThe P/E ratio of iStar is 1.16, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 144.16.Price to Book Value per Share RatioiStar has a P/B Ratio of 0.44. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About iStar (NYSE:STAR) StockiStar, Inc. is a real estate investment trust company, which engages in the financing, investing, and development of real estate and related projects. It operates through the following segments: Real Estate Finance, Net Lease, Operating Properties, Land and Development, and Corporate and Other. The Real Estate Finance segment is involved in all of the activities of the company related to senior and mezzanine real estate loans and real estate related securities. The Net Lease segment includes activities of the company and operations related to the ownership of properties generally leased to single corporate tenants. The Operating Properties segment focuses on the activities and operations related to its commercial and residential properties. The Land and Development segment refers to the developable land portfolio of the company. The Corporate and Other segment represents all the corporate level and unallocated items, joint venture, and strategic investments. The company was founded by Jay Sugarman in 1993 and is headquartered in New York, NY.Read More Receive STAR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for iStar and its competitors with MarketBeat's FREE daily newsletter. Email Address STAR Stock News HeadlinesMarch 20, 2023 | americanbankingnews.comStockNews.com Begins Coverage on iStar (NYSE:STAR)March 17, 2023 | finance.yahoo.comiStar Announces Details for Anticipated Spin-Off in Connection with the Safehold MergerMarch 21, 2023 | Investing Daily (Ad)Check Out This 6-Year Win StreakDespite the volatility of the last few years, this reclusive millionaire hasn’t closed a losing trade since July 2016. He just plugs away, executing what may be the most effective investment strategy on Earth. He turned $50K into $5.3M! Want to see the details? Click HERE to watch it for yourself. March 12, 2023 | finance.yahoo.comBreakeven On The Horizon For iStar Inc. (NYSE:STAR)March 12, 2023 | seekingalpha.comiStar and Safehold stockholders approve merger, target closing by month endMarch 11, 2023 | americanbankingnews.comiStar (NYSE:STAR) Receives New Coverage from Analysts at StockNews.comMarch 9, 2023 | finance.yahoo.comiStar Stockholders and Safehold Stockholders Approve MergerFebruary 28, 2023 | marketwatch.comExperts Survey: Man Portable Military Electronics Market 2023 Boosting the Growth Worldwide | 92 Report PagesMarch 21, 2023 | Investing Daily (Ad)27 U.S. Cities Where Stocks Yield 26% a YearWhat’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. February 22, 2023 | finance.yahoo.comQ4 2022 iStar Inc Earnings CallFebruary 21, 2023 | finance.yahoo.comiStar Reports Fourth Quarter and Fiscal Year 2022 ResultsFebruary 16, 2023 | finance.yahoo.comSafehold Inc. (NYSE:SAFE) Q4 2022 Earnings Call TranscriptJanuary 26, 2023 | msn.comRings of Power: Who Are The Istari, and Why Is Only One in the Finale?January 21, 2023 | finance.yahoo.comiStar Inc. (STAR) Stock Historical Prices & Data - Yahoo FinanceJanuary 12, 2023 | finance.yahoo.comiStar Announces Tax Treatment of 2022 DividendsJanuary 2, 2023 | msn.comLord of the Rings: What Are the Elven Rings of Power - and Who Has Them?December 19, 2022 | finance.yahoo.comiStar Announces Filing of Form 10 Registration Statement for Planned Spin-Off of Star HoldingsDecember 17, 2022 | bizjournals.comYear in Review: Here are the top 10 Valley office sales of 2022December 17, 2022 | fool.comiStar (NYSE: STAR)November 29, 2022 | finance.yahoo.comiStar Announces Details for Its Special DividendNovember 23, 2022 | msn.comiStar's Return On Capital Employed OverviewNovember 21, 2022 | finance.yahoo.comiStar Announces Dividend ActionsNovember 17, 2022 | seekingalpha.comWin/Win For iSTAR Preferred 'G': Potential 22% Return From Now Until Safehold MergerNovember 14, 2022 | marketwatch.comMan Portable Military Electronics Market Size Related To Time and Cost Is Expected To Grow the Industry in Upcoming Years to 2028November 3, 2022 | finance.yahoo.comiStar Reports Third Quarter 2022 ResultsOctober 26, 2022 | finance.yahoo.comiStar Sets Third Quarter 2022 Earnings Release Date and WebcastOctober 25, 2022 | nasdaq.comiStar Series I Cumulative Redeemable Preferred Stock Shares Cross 8.5% Yield MarkSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive STAR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for iStar and its competitors with MarketBeat's FREE daily newsletter. Email Address STAR Company Calendar Last Earnings11/02/2021Today3/20/2023Next Earnings (Estimated)5/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:STAR Previous SymbolNYSE:SFI CUSIPN/A CIK1095651 Webwww.istar.com Phone(212) 930-9400Fax212-930-9494Employees144Year FoundedN/APrice Target and Rating Average Stock Price Forecast$21.00 High Stock Price Forecast$21.00 Low Stock Price Forecast$21.00 Forecasted Upside/Downside+188.9%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$6.29 Trailing P/E Ratio1.16 Forward P/E RatioN/A P/E GrowthN/ANet Income$421.29 million Net Margins266.55% Pretax Margin-124.46% Return on Equity-16.29% Return on Assets-7.36% Debt Debt-to-Equity Ratio1.18 Current Ratio10.40 Quick Ratio10.40 Sales & Book Value Annual Sales$158.05 million Price / Sales3.99 Cash Flow$6.92 per share Price / Cash Flow1.05 Book Value$16.43 per share Price / Book0.44Miscellaneous Outstanding Shares86,840,000Free Float83,163,000Market Cap$631.33 million OptionableOptionable Beta1.34 Key ExecutivesJay SugarmanChairman & Chief Executive OfficerMarcos AlvaradoPresident & Chief Investment OfficerBrett AsnasChief Financial OfficerKyle CurtinChief Administrative OfficerBarclay G. JonesExecutive Vice President-InvestmentsKey CompetitorsGladstone LandNASDAQ:LANDBroadmark Realty CapitalNYSE:BRMKUrstadt Biddle PropertiesNYSE:UBPGlobal Medical REITNYSE:GMREDynex CapitalNYSE:DXView All CompetitorsInstitutional OwnershipCrystalline Management Inc.Bought 197,395 shares on 3/13/2023Ownership: 0.227%Voya Investment Management LLCBought 6,018 shares on 2/28/2023Ownership: 0.046%Alliancebernstein L.P.Sold 2,891 shares on 2/16/2023Ownership: 0.111%State of WyomingBought 7,634 shares on 2/16/2023Ownership: 0.013%Point72 Middle East FZEBought 4,579 shares on 2/16/2023Ownership: 0.005%View All Institutional Transactions STAR Stock - Frequently Asked Questions Should I buy or sell iStar stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for iStar in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" STAR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in STAR, but not buy additional shares or sell existing shares. View STAR analyst ratings or view top-rated stocks. What is iStar's stock price forecast for 2023? 1 analysts have issued 1-year target prices for iStar's stock. Their STAR share price forecasts range from $21.00 to $21.00. On average, they predict the company's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 188.9% from the stock's current price. View analysts price targets for STAR or view top-rated stocks among Wall Street analysts. How have STAR shares performed in 2023? iStar's stock was trading at $7.63 at the beginning of 2023. Since then, STAR shares have decreased by 4.7% and is now trading at $7.27. View the best growth stocks for 2023 here. When is iStar's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023. View our STAR earnings forecast. How were iStar's earnings last quarter? iStar Inc. (NYSE:STAR) issued its quarterly earnings results on Tuesday, November, 2nd. The real estate investment trust reported $1.76 EPS for the quarter, beating the consensus estimate of $0.28 by $1.48. iStar had a negative trailing twelve-month return on equity of 16.29% and a net margin of 266.55%. During the same quarter last year, the business earned ($0.03) earnings per share. How often does iStar pay dividends? What is the dividend yield for iStar? iStar declared a quarterly dividend on Wednesday, August 17th. Investors of record on Thursday, September 1st will be paid a dividend of $0.125 per share on Thursday, September 15th. This represents a $0.50 annualized dividend and a dividend yield of 6.88%. The ex-dividend date of this dividend is Wednesday, August 31st. Read our dividend analysis for STAR. What ETFs hold iStar's stock? ETFs with the largest weight of iStar (NYSE:STAR) stock in their portfolio include First Trust Small Cap Value AlphaDEX Fund (FYT), Invesco S&P SmallCap Financials ETF (PSCF), First Trust Small Cap Core AlphaDEX Fund (FYX), Invesco S&P SmallCap 600 Pure Value ETF (RZV), JPMorgan BetaBuilders MSCI US REIT ETF (BBRE), Schwab U.S. REIT ETF (SCHH), First Trust S&P REIT Index Fund (FRI) and Vanguard Real Estate Index Fund (VNQ). Is iStar a good dividend stock? iStar (NYSE:STAR) pays an annual dividend of $0.25 per share and currently has a dividend yield of 3.71%. The dividend payout ratio is 3.97%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for STAR. What is Jay Sugarman's approval rating as iStar's CEO? 8 employees have rated iStar Chief Executive Officer Jay Sugarman on Glassdoor.com. Jay Sugarman has an approval rating of 100% among the company's employees. This puts Jay Sugarman in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 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), Macerich (MAC), Medical Properties Trust (MPW), New Residential Investment (NRZ), NVIDIA (NVDA), AGNC Investment (AGNC), Endologix (ELGX) and Energy Transfer (ET). 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 many different retail and institutional investors. Top institutional investors include Morgan Stanley (2.18%), Geode Capital Management LLC (1.86%), Verition Fund Management LLC (1.86%), Aristotle Capital Boston LLC (1.71%), Charles Schwab Investment Management Inc. (1.69%) and Ursa Fund Management LLC (1.04%). Insiders that own company stock include Garett Rosenblum and Istar Inc. View institutional ownership trends. How do I buy shares of iStar? Shares of STAR stock 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. Compare Top Brokerages Here. What is iStar's stock price today? One share of STAR stock can currently be purchased for approximately $7.27. How much money does iStar make? iStar (NYSE:STAR) has a market capitalization of $631.33 million and generates $158.05 million in revenue each year. The real estate investment trust earns $421.29 million in net income (profit) each year or $6.29 on an earnings per share basis. How many employees does iStar have? The company employs 144 workers across the globe. How can I contact iStar? iStar's mailing address is 1114 AVENUE OF THE AMERICAS 39TH FLOOR, NEW YORK NY, 10036. The official website for the company is www.istar.com. The real estate investment trust can be reached via phone at (212) 930-9400, via email at investors@istar.com, or via fax at 212-930-9494. This page (NYSE:STAR) was last updated on 3/21/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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