iStar - STAR Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for iStar in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research 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.

1 brokerages have issued 1 year price objectives 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 year. This suggests a possible upside of 126.3% from the stock's current price.
View analysts price targets for STAR or view top-rated stocks among Wall Street analysts.

iStar's stock was trading at $7.63 on January 1st, 2023. Since then, STAR shares have increased by 21.6% and is now trading at $9.28.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our STAR earnings forecast.

iStar Inc. (NYSE:STAR) posted its quarterly earnings data on Tuesday, November, 2nd. The real estate investment trust reported $1.76 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $1.48. iStar had a net margin of 288.50% and a negative trailing twelve-month return on equity of 7.41%. During the same quarter last year, the business posted ($0.03) EPS.

iStar declared a quarterly dividend on Wednesday, August 17th. Shareholders 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 dividend on an annualized basis and a dividend yield of 5.39%. The ex-dividend date is Wednesday, August 31st.
Read our dividend analysis for STAR.

iStar (NYSE:STAR) pays an annual dividend of $0.50 per share and currently has a dividend yield of 5.49%. STAR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 6.76%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for STAR.

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.

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).

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

iStar's stock is owned by a variety of institutional and retail investors. Top institutional investors include Ursa Fund Management LLC (1.04%), Douglas Lane & Associates LLC (0.54%), Sterneck Capital Management LLC (0.17%), National Bank of Canada FI (0.15%), Sumitomo Mitsui Trust Holdings Inc. (0.11%) and State of Alaska Department of Revenue (0.11%). Insiders that own company stock include Garett Rosenblum and Istar Inc.
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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.
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One share of STAR stock can currently be purchased for approximately $9.28.

iStar (NYSE:STAR) has a market capitalization of $805.78 million and generates $308.63 million in revenue each year. The real estate investment trust earns $132.48 million in net income (profit) each year or $7.40 on an earnings per share basis.

The company employs 144 workers across the globe.

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.