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 annualized dividend and a yield of 3.12%. The ex-dividend date is Wednesday, August 14th. View istar's Dividend History.

istar declared that its board has approved a stock repurchase program on Friday, December 15th 2017, which authorizes the company to repurchase 50,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically an indication 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 earnings per share (EPS) for the quarter, topping 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 return on equity of 22.16% and a net margin of 52.01%. During the same period in the previous year, the firm earned $0.55 earnings per share. View istar's Earnings History.

istar is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for istar.

2 equities research analysts have issued 1-year price targets for istar's stock. Their forecasts 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 11.1% 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.

Press coverage about STAR stock has been trending negative on Monday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. istar earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned headlines 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 effect on the stock's share price in the next several days. 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 volume of 647,900 shares, the days-to-cover ratio is presently 16.7 days. Approximately 18.4% of the company's shares 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), Apollo Commercial Real Est. Finance (ARI), QTS Realty Trust (QTS), RLJ Lodging Trust (RLJ), MGM Growth Properties (MGP), American Assets Trust (AAT), Retail Properties of America (RPAI), Colony Capital (CLNY), Potlatchdeltic (PCH), 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 shareholders include Dalton Greiner Hartman Maher & Co. (0.92%), 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.. 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 $12.83.

istar has a market capitalization of $797.64 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]