iStar (NYSE: STAR) finances, invests in and develops real estate and real estate related projects as part of its fully-integrated investment platform. Building on over two decades of experience and $40 billion of transactions, iStar brings uncommon capabilities and new ways of thinking to commercial real estate and adapts its investment strategy to changing market conditions. The Company is structured as a real estate investment trust ("REIT"), with a diversified portfolio focused on larger assets located in major metropolitan markets.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:STAR
Previous SymbolNYSE:SFI
CUSIPN/A
Phone212-930-9400
Debt
Debt-to-Equity Ratio3.05
Current Ratio7.34
Quick Ratio7.34
Price-To-Earnings
Trailing P/E Ratio4.43
Forward P/E Ratio20.08
P/E GrowthN/A
Sales & Book Value
Annual Sales$679.20 million
Price / Sales1.02
Cash Flow$4.4522 per share
Price / Cash Flow2.30
Book Value$13.40 per share
Price / Book0.76
Profitability
EPS (Most Recent Fiscal Year)$2.31
Net Income$175.68 million
Net Margins10.29%
Return on Equity11.04%
Return on Assets2.44%
Miscellaneous
Employees186
Outstanding Shares67,970,000
Market Cap$714.34 million
OptionableOptionable
istar (NYSE:STAR) Frequently Asked Questions
What is istar's stock symbol?
istar trades on the New York Stock Exchange (NYSE) under the ticker symbol "STAR."
How often does istar pay dividends? What is the dividend yield for istar?
istar declared a quarterly dividend on Thursday, November 1st. Shareholders of record on Thursday, November 15th will be given a dividend of $0.09 per share on Friday, November 30th. This represents a $0.36 dividend on an annualized basis and a yield of 3.52%. The ex-dividend date is Wednesday, November 14th. View istar's Dividend History.
How will istar's stock buyback program work?
istar announced that its board has authorized a share buyback plan on Friday, December 15th 2017, which allows the company to buyback 50,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's board believes its shares are undervalued.
How were istar's earnings last quarter?
istar Inc (NYSE:STAR) posted its quarterly earnings results on Thursday, November, 1st. The real estate investment trust reported $0.05 EPS for the quarter, missing the Zacks' consensus estimate of $0.15 by $0.10. The real estate investment trust had revenue of $122.14 million for the quarter, compared to analysts' expectations of $120.53 million. istar had a net margin of 10.29% and a return on equity of 11.04%. The firm's quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.05) earnings per share. View istar's Earnings History.
When is istar's next earnings date?
What is the consensus analysts' recommendation for istar?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for istar in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for istar.
Has istar been receiving favorable news coverage?
News stories about STAR stock have trended positive recently, according to InfoTrie. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. istar earned a daily sentiment score of 2.6 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an effect on the company's share price in the near term.
Who are some of istar's key competitors?
Some companies that are related to istar include Empire State Realty Trust (ESRT), The GEO Group (GEO), Retail Properties of America (RPAI), Corporate Office Properties Trust (OFC), Great Portland Estates (GPEAF), Corecivic (CXW), Keppel REIT (KREVF), Columbia Property Trust (CXP), Brandywine Realty Trust (BDN), Apollo Commercial Real Est. Finance (ARI), Pebblebrook Hotel Trust (PEB), Acadia Realty Trust (AKR), Tanger Factory Outlet Centers (SKT), Potlatchdeltic (PCH) and Brookfield Property Reit (BPR).
Who are istar's key executives?
istar's management team includes the folowing people:
- Mr. Jay S. Sugarman, Chairman & CEO (Age 55)
- Ms. Nina B. Matis, Vice Chairman & Chief Legal Officer (Age 70)
- Mr. Geoffrey G. Jervis, Advisor (Age 46)
- Mr. Marcos Alvarado, Pres & Chief Investment Officer (Age 37)
- Mr. Andrew C. Richardson CPA, CFO and Pres of Land & Devel. (Age 51)
Who are istar's major shareholders?
istar's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.90%), Vanguard Group Inc. (14.70%), Diamond Hill Capital Management Inc. (10.20%), FMR LLC (6.70%), Real Estate Management Services LLC (2.73%) and Loomis Sayles & Co. L P (1.70%). Company insiders that own istar stock include Aneel Singh Waraich, Azevedo Luis Mauricio F De, Dale Ann Reiss, Dale Anne Reiss, Istar Inc, Jay Sugarman, Matthew Gaden Western Wood and Nina Matis. View Institutional Ownership Trends for istar.
Which major investors are selling istar stock?
STAR stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, Real Estate Management Services LLC, Morgan Stanley, State Board of Administration of Florida Retirement System, Laurion Capital Management LP, Diamond Hill Capital Management Inc. and Russell Investments Group Ltd.. View Insider Buying and Selling for istar.
Which major investors are buying istar stock?
STAR stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of Montreal Can, Vanguard Group Inc., Bank of New York Mellon Corp, SG Americas Securities LLC, Prudential Financial Inc., Legal & General Group Plc and Arizona State Retirement System. Company insiders that have bought istar stock in the last two years include Aneel Singh Waraich, Azevedo Luis Mauricio F De, Dale Ann Reiss, Dale Anne Reiss, Istar Inc and Matthew Gaden Western Wood. View Insider Buying and Selling for istar.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is istar's stock price today?
One share of STAR stock can currently be purchased for approximately $10.24.
How big of a company is istar?
istar has a market capitalization of $714.34 million and generates $679.20 million in revenue each year. The real estate investment trust earns $175.68 million in net income (profit) each year or $2.31 on an earnings per share basis. istar employs 186 workers across the globe.
What is istar's official website?
How can I contact istar?
istar's mailing address is 1114 AVENUE OF THE AMERICAS 39TH FLOOR, NEW YORK NY, 10036. The real estate investment trust can be reached via phone at 212-930-9400 or via email at [email protected]
MarketBeat Community Rating for istar (NYSE STAR)
MarketBeat's community ratings are surveys of what our community members think about istar and other stocks. Vote "Outperform" if you believe STAR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe STAR will underperform the S&P 500 over the long term. You may vote once every thirty days.
