istar Stock Price, News & Analysis (NYSE:STAR)

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

istar announced a quarterly dividend on Friday, August 2nd. Investors of record on Thursday, August 15th will be given a dividend of $0.10 per share on Friday, August 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date of this dividend is Wednesday, August 14th. View istar's Dividend History.

istar declared that its Board of Directors has approved a share repurchase program 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. Shares buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

istar Inc (NYSE:STAR) announced its quarterly earnings data on Thursday, August, 1st. The real estate investment trust reported $4.55 earnings per share for the quarter, beating analysts' consensus estimates of ($0.30) by $4.85. The real estate investment trust earned $98.47 million during the quarter, compared to analysts' expectations of $97.50 million. istar had a net margin of 52.01% and a return on equity of 22.16%. During the same period last year, the business posted $0.55 earnings per share. View istar's Earnings History.

istar is scheduled to release their next quarterly earnings announcement on Thursday, October 31st 2019. View Earnings Estimates for istar.

istar will be holding an earnings conference call on Thursday, October 31st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 analysts have issued 1-year target prices for istar's shares. Their forecasts range from $11.50 to $17.00. On average, they anticipate istar's stock price to reach $14.25 in the next twelve months. This suggests a possible upside of 8.1% from the stock's current price. View Analyst Price Targets for istar.

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

News stories about STAR stock have trended positive recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. istar earned a media sentiment score of 2.1 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for istar.

istar saw a decrease in short interest during the month of September. As of September 30th, there was short interest totalling 10,790,000 shares, a decrease of 6.1% from the August 30th total of 11,490,000 shares. Based on an average trading volume of 647,900 shares, the short-interest ratio is currently 16.7 days. Approximately 18.4% of the company's stock are sold short. View istar's Current Options Chain.

Some companies that are related to istar include Corporate Office Properties Trust (OFC), Physicians Realty Trust (DOC), Hammerson (HMSNF), Agree Realty (ADC), Keppel REIT (KREVF), Paramount Group (PGRE), Apollo Commercial Real Est. Finance (ARI), RLJ Lodging Trust (RLJ), QTS Realty Trust (QTS), American Assets Trust (AAT), MGM Growth Properties (MGP), Retail Properties of America (RPAI), Potlatchdeltic (PCH), Colony Capital (CLNY) and Brandywine Realty Trust (BDN).

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), Chipotle Mexican Grill (CMG), Micron Technology (MU), Designer Brands (DBI), Och-Ziff Capital Management Group (OZM), Apollo Commercial Real Est. Finance (ARI) and Centurylink (CTL).

istar's stock is owned by a number of of institutional and retail investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.92%), Douglas Lane & Associates LLC (0.18%), State of Alaska Department of Revenue (0.07%) and Gradient Investments LLC (0.00%). Company insiders that own istar stock include Aneel Singh Waraich, Dale Ann Reiss, Dale Anne Reiss, Istar Inc, Marcos Alvarado, Matthew Gaden Western Wood 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 Dalton Greiner Hartman Maher & Co. and Douglas Lane & Associates LLC. View Insider Buying and Selling for istar.

STAR stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue and Gradient Investments LLC. Company insiders that have bought istar stock in the last two years include Aneel Singh Waraich, Dale Ann Reiss, Dale Anne Reiss, Istar Inc, Marcos Alvarado, 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, Robinhood, Fidelity and Charles Schwab.

One share of STAR stock can currently be purchased for approximately $13.18.

istar has a market capitalization of $819.35 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. istar employs 166 workers across the globe.View Additional Information About istar.

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

istar's mailing address is 1114 AVENUE OF THE AMERICAS, NEW YORK NY, 10036. The real estate investment trust can be reached via phone at 212-930-9400 or via email at [email protected]