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. Stockholders 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 announced that its Board of Directors has initiated a share buyback plan on Friday, December 15th 2017, which allows the company to repurchase 50,000,000 shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board of directors believes its shares are undervalued.

istar Inc (NYSE:STAR) posted its earnings results on Thursday, August, 1st. The real estate investment trust reported $4.55 EPS for the quarter, beating the consensus estimate of ($0.30) by $4.85. The real estate investment trust had revenue of $98.47 million for the quarter, compared to analyst estimates of $97.50 million. istar had a net margin of 52.01% and a return on equity of 22.16%. During the same quarter in the prior year, the business posted $0.55 EPS. 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 brokers have issued 1 year price targets for istar's stock. Their predictions range from $11.50 to $17.00. On average, they expect istar's share 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 very negative on Thursday, InfoTrie reports. InfoTrie identifies negative and positive press coverage by monitoring 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 closest to five being the most favorable. istar earned a coverage optimism score of -3.2 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company'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 daily trading volume, of 647,900 shares, the days-to-cover ratio is currently 16.7 days. Approximately 18.4% of the shares of the stock are sold short. View istar's Current Options Chain.

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

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 many different 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 $819.40 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]