iStar - STAR Stock Forecast, Price & News

0 Wall Street analysts have issued 12 month price targets for iStar's shares. Their STAR share price forecasts range from $21.00 to $21.00. On average, they expect the company's stock price to reach $21.00 in the next twelve months. This suggests a possible upside of 172.4% 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 $25.83 at the beginning of the year. Since then, STAR stock has decreased by 70.2% and is now trading at $7.71.
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iStar saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 2,510,000 shares, a decrease of 28.7% from the October 31st total of 3,520,000 shares. Based on an average trading volume of 1,070,000 shares, the short-interest ratio is currently 2.3 days.
View iStar's Short Interest.

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

iStar announced a quarterly dividend on Wednesday, August 17th. Stockholders 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 annualized dividend and a dividend yield of 6.49%. The ex-dividend date of this dividend 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 6.22%. STAR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. 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 BlackRock Inc. (17.06%), Vanguard Group Inc. (15.28%), State Street Corp (3.38%), Verition Fund Management LLC (2.73%), Pentwater Capital Management LP (1.38%) and Balyasny Asset Management LLC (1.22%). Insiders that own company stock include Garett Rosenblum and Istar Inc.
View institutional ownership trends.

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 $7.71.

iStar (NYSE:STAR) has a market capitalization of $668.46 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.