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

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

istar declared a quarterly dividend on Friday, February 22nd. Investors of record on Monday, March 4th will be paid a dividend of $0.09 per share on Friday, March 15th. This represents a $0.36 annualized dividend and a yield of 4.35%. The ex-dividend date of this dividend is Friday, March 1st. View istar's Dividend History.

istar announced that its board has initiated a stock repurchase program on Friday, December 15th 2017, which allows the company to repurchase 50,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board of directors believes its shares are undervalued.

istar Inc (NYSE:STAR) issued its quarterly earnings data on Monday, February, 25th. The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.22. istar had a negative net margin of 4.04% and a negative return on equity of 1.90%. During the same quarter last year, the business earned $0.40 earnings per share. View istar's Earnings History.

istar is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for istar.

3 Wall Street analysts have issued 1 year target prices for istar's stock. Their predictions range from $11.50 to $11.50. On average, they expect istar's share price to reach $11.50 in the next twelve months. This suggests a possible upside of 39.1% from the stock's current price. View Analyst Price Targets for istar.

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

News articles about STAR stock have trended negative recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. istar earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days.

Some companies that are related to istar include Washington Real Estate Investment Trust (WRE), Acadia Realty Trust (AKR), DiamondRock Hospitality (DRH), Lexington Realty Trust (LXP), American Assets Trust (AAT), Brookfield Property Reit (BPR), Caretrust REIT (CTRE), Invesco Mortgage Capital (IVR), Ladder Capital (LADR), Four Corners Property Trust (FCPT), Colony Credit Real Estate (CLNC), Mack Cali Realty (CLI), Tanger Factory Outlet Centers (SKT), Retail Opportunity Investments (ROIC) and Alexander's (ALX).

Based on aggregate information from My MarketBeat watchlists, some companies that other istar investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Chipotle Mexican Grill (CMG), Och-Ziff Capital Management Group (OZM), Designer Brands (DSW), Scotts Miracle-Gro (SMG) and NanoString Technologies (NSTG).

istar's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Diamond Hill Capital Management Inc. (9.34%), FMR LLC (6.62%), Private Management Group Inc. (3.18%), Real Estate Management Services LLC (1.34%), Norges Bank (1.28%) and Northern Trust Corp (1.25%). 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, Nina Matis and Robert W Holman Jr. View Institutional Ownership Trends for istar.

STAR stock was sold by a variety of institutional investors in the last quarter, including Real Estate Management Services LLC, Diamond Hill Capital Management Inc., KBC Group NV, Bank of Montreal Can, Van ECK Associates Corp, SG Americas Securities LLC, FMR LLC and MetLife Investment Advisors LLC. View Insider Buying and Selling for istar.

STAR stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Oregon Public Employees Retirement Fund, Prudential Financial Inc., Hsbc Holdings PLC, Dalton Greiner Hartman Maher & Co., Summit Global Investments, Private Management Group Inc. and Bank of America Corp DE. 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, Matthew Gaden Western Wood and Robert W Holman Jr. 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 $8.27.

istar has a market capitalization of $563.67 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.

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

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]