iStar - STAR Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for iStar in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street 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 analysts have issued 1-year target prices 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 twelve months. This suggests a possible upside of 188.9% 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 at the beginning of 2023. Since then, STAR shares have decreased by 4.7% and is now trading at $7.27.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our STAR earnings forecast.

iStar Inc. (NYSE:STAR) issued its quarterly earnings results on Tuesday, November, 2nd. The real estate investment trust reported $1.76 EPS for the quarter, beating the consensus estimate of $0.28 by $1.48. iStar had a negative trailing twelve-month return on equity of 16.29% and a net margin of 266.55%. During the same quarter last year, the business earned ($0.03) earnings per share.

iStar declared a quarterly dividend on Wednesday, August 17th. Investors 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 6.88%. The ex-dividend date of this dividend is Wednesday, August 31st.
Read our dividend analysis for STAR.

ETFs with the largest weight of iStar (NYSE:STAR) stock in their portfolio include First Trust Small Cap Value AlphaDEX Fund (FYT), Invesco S&P SmallCap Financials ETF (PSCF), First Trust Small Cap Core AlphaDEX Fund (FYX), Invesco S&P SmallCap 600 Pure Value ETF (RZV), JPMorgan BetaBuilders MSCI US REIT ETF (BBRE), Schwab U.S. REIT ETF (SCHH), First Trust S&P REIT Index Fund (FRI) and Vanguard Real Estate Index Fund (VNQ).

iStar (NYSE:STAR) pays an annual dividend of $0.25 per share and currently has a dividend yield of 3.71%. The dividend payout ratio is 3.97%. 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 many different retail and institutional investors. Top institutional investors include Morgan Stanley (2.18%), Geode Capital Management LLC (1.86%), Verition Fund Management LLC (1.86%), Aristotle Capital Boston LLC (1.71%), Charles Schwab Investment Management Inc. (1.69%) and Ursa Fund Management LLC (1.04%). 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 $7.27.

iStar (NYSE:STAR) has a market capitalization of $631.33 million and generates $158.05 million in revenue each year. The real estate investment trust earns $421.29 million in net income (profit) each year or $6.29 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.