NYSE:STAR - istar Stock Price, News & Analysis

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

istar announced a quarterly dividend on Friday, August 2nd. Shareholders of record on Thursday, August 15th will be paid a dividend of $0.10 per share on Friday, August 30th. This represents a $0.40 dividend on an annualized basis and a yield of 3.08%. The ex-dividend date is Wednesday, August 14th. View istar's Dividend History.

istar announced that its Board of Directors has initiated a stock buyback program on Friday, December 15th 2017, which authorizes the company to buyback 50,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's management believes its shares are undervalued.

istar Inc (NYSE:STAR) released its earnings results on Thursday, August, 1st. The real estate investment trust reported $4.55 earnings per share for the quarter, beating the consensus estimate of ($0.30) by $4.85. The real estate investment trust earned $98.47 million during the quarter, compared to the consensus estimate of $97.50 million. istar had a net margin of 52.01% and a return on equity of 22.16%. During the same period in the prior year, the business posted $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 12 month price targets for istar's shares. Their forecasts range from $11.50 to $17.00. On average, they anticipate istar's share price to reach $14.25 in the next twelve months. This suggests a possible upside of 9.6% 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.

Media stories about STAR stock have trended negative recently, InfoTrie reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog 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 -2.3 on InfoTrie's scale. They also assigned news articles 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 impact on the company's share price in the next few days. View News Stories for istar.

istar saw a increase in short interest in July. As of July 31st, there was short interest totalling 10,575,000 shares, an increase of 6.3% from the June 30th total of 9,952,700 shares. Based on an average daily trading volume, of 880,600 shares, the short-interest ratio is presently 12.0 days. Approximately 16.3% of the shares of the stock are sold short. View istar's Current Options Chain.

Some companies that are related to istar include Paramount Group (PGRE), Agree Realty (ADC), Keppel REIT (KREVF), Apollo Commercial Real Est. Finance (ARI), American Assets Trust (AAT), RLJ Lodging Trust (RLJ), QTS Realty Trust (QTS), MGM Growth Properties (MGP), Brandywine Realty Trust (BDN), Taubman Centers (TCO), Columbia Property Trust (CXP), Lexington Realty Trust (LXP), Potlatchdeltic (PCH), Retail Properties of America (RPAI) and CYRELA BRAZIL R/S (CYRBY).

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 (DSW), Och-Ziff Capital Management Group (OZM), Apollo Commercial Real Est. Finance (ARI) and New Residential Investment (NRZ).

istar's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (16.97%), UBS Group AG (9.49%), Diamond Hill Capital Management Inc. (6.32%), Invesco Ltd. (3.46%), Southside Capital LLC (1.93%) and Northern Trust Corp (1.40%). Company insiders that own istar stock include Aneel Singh Waraich, Azevedo Luis Mauricio F De, 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 Diamond Hill Capital Management Inc., Real Estate Management Services LLC, Grantham Mayo Van Otterloo & Co. LLC, Prudential Financial Inc., Pinebridge Investments L.P., KBC Group NV, Invesco Ltd. and Russell Investments Group Ltd.. View Insider Buying and Selling for istar.

STAR stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Nuveen Asset Management LLC, UBS Group AG, Southside Capital LLC, Renaissance Technologies LLC, Centaurus Financial Inc., Brookfield Asset Management Inc. and Royal Bank of Canada. 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, 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, Scottrade, Fidelity and Charles Schwab.

One share of STAR stock can currently be purchased for approximately $13.00.

istar has a market capitalization of $808.21 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]