NYSE:STAR - istar Stock Price, Price Target & More

istar trades on the New York Stock Exchange (NYSE) under the ticker symbol "STAR."

istar declared that its board has authorized a stock repurchase program on Friday, December 15th 2017, which permits the company to buyback 50,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's board of directors believes its shares are undervalued.

istar Inc (NYSE:STAR) announced its earnings results on Thursday, May, 3rd. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.08) by $0.43. The real estate investment trust had revenue of $364.25 million for the quarter, compared to analyst estimates of $109.35 million. istar had a return on equity of 28.33% and a net margin of 24.05%. View istar's Earnings History.

istar is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for istar.

3 equities research analysts have issued twelve-month price objectives for istar's shares. Their predictions range from $14.00 to $14.00. On average, they anticipate istar's share price to reach $14.00 in the next twelve months. This suggests a possible upside of 31.2% from the stock's current price. View Analyst Ratings for istar.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for istar in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to istar include Empire State Realty Trust (ESRT), Retail Properties of America (RPAI), Two Harbors Investment (TWO), Keppel REIT (KREVF), Colony Northstar Credit Real Estate (CLNC), Pebblebrook Hotel Trust (PEB), Corporate Express common stock (CXP), STAG Indl Inc/SH SH (STAG), DDR (DDR), Great Portland Estates (GPEAF), Rexford Industrial Realty (REXR), DiamondRock Hospitality (DRH), Washington Real Estate Investment Trust (WRE), Apollo Commercial Real Est. Finance (ARI) and Tanger Factory Outlet Centers (SKT).

News articles about STAR stock have trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. istar earned a news sentiment score of 0.12 on Accern's scale. They also gave media coverage about the real estate investment trust an impact score of 46.18 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.

istar's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Real Estate Management Services LLC (3.07%), Dalton Greiner Hartman Maher & Co. (0.59%), Fox Run Management L.L.C. (0.06%) and Campbell & CO Investment Adviser LLC (0.03%). Company insiders that own istar stock include Aneel Singh Waraich, Azevedo Luis Mauricio F De, Dale Ann Reiss, Istar Inc, Jay Sugarman, Matthew Gaden Western Wood, Nina Matis and Robin Josephs. View Institutional Ownership Trends for istar.

STAR stock was sold by a variety of institutional investors in the last quarter, including Real Estate Management Services LLC and Campbell & CO Investment Adviser LLC. View Insider Buying and Selling for istar.

STAR stock was acquired by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co. and Fox Run Management L.L.C.. Company insiders that have bought istar stock in the last two years include Aneel Singh Waraich, Azevedo Luis Mauricio F De, Dale Ann Reiss, Istar Inc and Matthew Gaden Western Wood. 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, Scottrade, Fidelity and Charles Schwab.

One share of STAR stock can currently be purchased for approximately $10.67.

istar has a market capitalization of $720.43 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.

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]