NYSE:STAR istar Stock Forecast, Price & News Adding Choose a 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. Log In and Add $11.51 +0.23 (+2.04 %) (As of 09/28/2020 06:25 AM ET) Add Compare Share Today's Range$11.17Now: $11.51▼$11.6550-Day Range$11.28MA: $12.43▼$13.0052-Week Range$5.48Now: $11.51▼$17.50Volume338,700 shsAverage Volume787,606 shsMarket Capitalization$864.90 millionP/E RatioN/ADividend Yield3.82%Beta0.7 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus Ratingistar has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.50, istar has a forecasted upside of 43.4% from its current price of $11.51.Amount of Analyst Coverageistar has received no research coverage in the past 90 days. Previous Next 2.5 Community Rank Outperform Votesistar has received 301 “outperform” votes. (Add your “outperform” vote.)Underperform Votesistar has received 292 “underperform” votes. (Add your “underperform” vote.)Community Sentimentistar has received 50.76% “outperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend Yieldistar pays a meaningful dividend of 3.82%, higher than the bottom 25% of all stocks that pay dividends.Dividend Growthistar has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of istar is 11.80%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 1.0 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 3.88% of the stock of istar is held by insiders.Percentage Held by Institutions92.81% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for istar are expected to grow in the coming year, from ($1.05) to ($0.81) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of istar is -8.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of istar is -8.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share Ratioistar has a P/B Ratio of 0.58. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.98 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:STAR Previous SymbolNYSE:SFI CUSIPN/A CIK1095651 Webwww.istar.com Phone212-930-9400Debt Debt-to-Equity Ratio2.98 Current Ratio2.00 Quick Ratio2.00Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$479.50 million Price / Sales1.80 Cash Flow$5.45 per share Price / Cash Flow2.11 Book Value$19.91 per share Price / Book0.58Profitability EPS (Most Recent Fiscal Year)$3.73 Net Income$324.04 million Net Margins-12.94% Return on Equity-5.85% Return on Assets-1.36%Miscellaneous Employees166 Outstanding Shares75,143,000Market Cap$864.90 million Next Earnings Date10/29/2020 (Estimated) OptionableOptionable $11.51 +0.23 (+2.04 %) (As of 09/28/2020 06:25 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive STAR News and Ratings via Email Sign-up to receive the latest news and ratings for STAR and its competitors with MarketBeat's FREE daily newsletter. istar (NYSE:STAR) Frequently Asked Questions How has istar's stock been impacted by COVID-19? istar's stock was trading at $14.54 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, STAR stock has decreased by 20.8% and is now trading at $11.51. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of istar? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for istar in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for istar. When is istar's next earnings date? istar is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020. View our earnings forecast for istar. How were istar's earnings last quarter? istar Inc (NYSE:STAR) issued its quarterly earnings results on Thursday, August, 6th. The real estate investment trust reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.19) by $0.15. istar had a negative net margin of 12.94% and a negative return on equity of 5.85%. View istar's earnings history. How often does istar pay dividends? What is the dividend yield for istar? istar declared a quarterly dividend on Wednesday, August 5th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.11 per share on Tuesday, September 15th. This represents a $0.44 annualized dividend and a yield of 3.82%. The ex-dividend date of this dividend is Monday, August 31st. View istar's dividend history. What price target have analysts set for STAR? 1 Wall Street analysts have issued 12 month target prices for istar's stock. Their forecasts range from $16.50 to $16.50. On average, they anticipate istar's share price to reach $16.50 in the next year. This suggests a possible upside of 43.4% from the stock's current price. View analysts' price targets for istar. Who are some of istar's key competitors? Some companies that are related to istar include Highwoods Properties (HIW), SL Green Realty (SLG), Brixmor Property Group (BRX), Agree Realty (ADC), New Residential Investment (NRZ), Blackstone Mortgage Trust (BXMT), PS Business Parks (PSB), Howard Hughes (HHC), Hannon Armstrong Sustnbl Infrstr Cap (HASI), Keppel REIT (KREVF), Lexington Realty Trust (LXP), Sabra Health Care REIT (SBRA), National Health Investors (NHI), Potlatchdeltic (PCH) and Corporate Office Properties Trust (OFC). View all competitors. 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), NVIDIA (NVDA), Endologix (ELGX), Medical Properties Trust (MPW), Uniti Group (UNIT), Vista Outdoor (VSTO) and Chipotle Mexican Grill (CMG). Who are istar's key executives? istar's management team includes the following 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) 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 a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (15.84%), UBS Group AG (8.61%), Diamond Hill Capital Management Inc. (1.43%), Charles Schwab Investment Management Inc. (1.36%), Principal Financial Group Inc. (0.78%) and Principal Financial Group Inc. (0.79%). Company insiders that own istar stock include Dale Anne Reiss, Istar Inc, Marcos Alvarado 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., Alyeska Investment Group L.P., WINTON GROUP Ltd, Dalton Greiner Hartman Maher & Co., Balyasny Asset Management LLC, Bank of America Corp DE, UBS Group AG, and Principal Financial Group Inc.. View insider buying and selling activity 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., Charles Schwab Investment Management Inc., First Trust Advisors LP, SG Americas Securities LLC, Jennison Associates LLC, Swiss National Bank, Nuveen Asset Management LLC, and Canada Pension Plan Investment Board. Company insiders that have bought istar stock in the last two years include Dale Anne Reiss, Istar Inc, Marcos Alvarado, and Robert W Holman Jr. View insider buying and selling activity 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 $11.51. How big of a company is istar? istar has a market capitalization of $864.90 million and generates $479.50 million in revenue each year. The real estate investment trust earns $324.04 million in net income (profit) each year or $3.73 on an earnings per share basis. istar employs 166 workers across the globe. What is istar's official website? The official website for istar is 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] This page was last updated on 9/28/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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 top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
