NYSE:STAR - istar Stock Price, News, & Analysis

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

istar declared a quarterly dividend on Tuesday, May 7th. Investors of record on Wednesday, May 15th will be given a dividend of $0.10 per share on Friday, May 31st. This represents a $0.40 annualized dividend and a dividend yield of 4.15%. The ex-dividend date is Tuesday, May 14th. This is a boost from istar's previous quarterly dividend of $0.09. View istar's Dividend History.

istar declared that its Board of Directors has initiated a stock buyback plan on Friday, December 15th 2017, which permits the company to repurchase 50,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its shares are undervalued.

istar Inc (NYSE:STAR) released its quarterly earnings results on Thursday, May, 2nd. The real estate investment trust reported ($0.26) EPS for the quarter, missing analysts' consensus estimates of ($0.21) by $0.05. The real estate investment trust earned $106.80 million during the quarter, compared to analyst estimates of $125.90 million. istar had a negative return on equity of 5.87% and a negative net margin of 14.17%. istar's revenue for the quarter was down 70.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.35 EPS. View istar's Earnings History.

istar is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for istar.

1 analysts have issued 12-month price targets for istar's shares. Their predictions range from $11.50 to $11.50. On average, they expect istar's stock price to reach $11.50 in the next twelve months. This suggests a possible upside of 19.4% from the stock's current price. View Analyst Price Targets for istar.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for istar in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for istar.

News headlines about STAR stock have been trending negative this week, according to InfoTrie. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news 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 news impact score of -2.9 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future.

Some companies that are related to istar include Caretrust REIT (CTRE), Acadia Realty Trust (AKR), Great Portland Estates (GPEAF), American Assets Trust (AAT), DiamondRock Hospitality (DRH), Washington Real Estate Investment Trust (WRE), Lexington Realty Trust (LXP), Invesco Mortgage Capital (IVR), Colony Credit Real Estate (CLNC), Mack Cali Realty (CLI), Four Corners Property Trust (FCPT), Retail Opportunity Investments (ROIC), Alexander's (ALX), Ladder Capital (LADR) and Uniti Group (UNIT).

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), Designer Brands (DSW), Och-Ziff Capital Management Group (OZM), Micron Technology (MU), NanoString Technologies (NSTG) and Apollo Commercial Real Est. Finance (ARI).

istar's stock is owned by many different of retail and institutional investors. Top institutional investors include Diamond Hill Capital Management Inc. (7.70%), FMR LLC (4.25%), Private Management Group Inc. (3.37%), Citigroup Inc. (1.63%), Northern Trust Corp (1.32%) and Geode Capital Management LLC (1.18%). Company insiders that own istar stock include Aneel Singh Waraich, Azevedo Luis Mauricio F De, Dale Ann Reiss, Dale Anne Reiss, Istar Inc, 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 FMR LLC, Diamond Hill Capital Management Inc., Raymond James Financial Services Advisors Inc., Real Estate Management Services LLC, Envestnet Asset Management Inc., AQR Capital Management LLC, Hsbc Holdings PLC and Parametric Portfolio Associates LLC. View Insider Buying and Selling for istar.

STAR stock was acquired by a variety of institutional investors in the last quarter, including IndexIQ Advisors LLC, Mercer Global Advisors Inc. ADV, Charles Schwab Investment Management Inc., Dalton Greiner Hartman Maher & Co., Pinebridge Investments L.P., Geode Capital Management LLC, 6 Meridian and Ellington Management Group LLC. 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, 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, Scottrade, Fidelity and Charles Schwab.

One share of STAR stock can currently be purchased for approximately $9.63.

istar has a market capitalization of $622.96 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.

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]