NYSE:STARistar Stock Price, Forecast & News

istar's stock was trading at $14.54 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, STAR stock has decreased by 17.4% and is now trading at $12.01. View which stocks have been most impacted by Coronavirus.

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

istar is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for istar.

istar Inc (NYSE:STAR) posted its earnings results on Thursday, April, 30th. The real estate investment trust reported $0.14 EPS for the quarter, beating analysts' consensus estimates of $0.12 by $0.02. The real estate investment trust had revenue of $173.46 million for the quarter, compared to the consensus estimate of $101.50 million. istar had a net margin of 58.20% and a return on equity of 25.33%. View istar's earnings history.

istar declared a quarterly dividend on Friday, May 15th. Stockholders of record on Monday, June 1st will be paid a dividend of $0.11 per share on Monday, June 15th. This represents a $0.44 annualized dividend and a yield of 3.66%. The ex-dividend date is Friday, May 29th. This is a positive change from istar's previous quarterly dividend of $0.10. View istar's dividend history.

1 equities research analysts have issued 12-month price targets for istar's shares. Their forecasts range from $16.50 to $16.50. On average, they anticipate istar's share price to reach $16.50 in the next year. This suggests a possible upside of 37.4% from the stock's current price. View analysts' price targets for istar.

Media headlines about STAR stock have trended somewhat positive on Saturday, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. 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 sentiment score of 0.8 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news about istar.

istar saw a decline in short interest during the month of June. As of June 15th, there was short interest totaling 7,500,000 shares, a decline of 5.1% from the May 31st total of 7,900,000 shares. Based on an average trading volume of 998,500 shares, the days-to-cover ratio is presently 7.5 days. Approximately 10.2% of the company's shares are short sold. View istar's Current Options Chain.

Some companies that are related to istar include PS Business Parks (PSB), Agree Realty (ADC), MGM Growth Properties (MGP), Physicians Realty Trust (DOC), Blackstone Mortgage Trust (BXMT), Rayonier (RYN), Sabra Health Care REIT (SBRA), Corporate Office Properties Trust (OFC), Keppel REIT (KREVF), Howard Hughes (HHC), New Residential Investment (NRZ), Lexington Realty Trust (LXP), National Health Investors (NHI), Great Portland Estates (GPEAF) and EPR Properties (EPR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other istar investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), New Residential Investment (NRZ), Chipotle Mexican Grill (CMG), AGNC Investment (AGNC), Aegean Marine Petroleum Network (ANW), Apollo Commercial Real Est. Finance (ARI), Iron Mountain (IRM) and Macerich (MAC).

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

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 $12.01.

istar has a market capitalization of $918.77 million and generates $479.50 million in revenue each year. The real estate investment trust earns $324.04 million in net income (profit) each year or $3.73 on an earnings per share basis. istar employs 166 workers across the globe.

The official website for istar is www.istar.com.

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]