NYSE:STARistar Stock Price, Forecast & News

istar's stock was trading at $14.54 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, STAR stock has decreased by 13.8% and is now trading at $12.54.
View which stocks have been most impacted by COVID-19.

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, October 29th 2020.
View our earnings forecast for istar.

istar Inc (NYSE:STAR) announced its earnings results on Thursday, August, 6th. The real estate investment trust reported ($0.04) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.19) by $0.15. istar had a negative return on equity of 5.85% and a negative net margin of 12.94%.
View istar's earnings history.

istar announced a quarterly dividend on Wednesday, August 5th. Investors of record on Tuesday, September 1st will be given a dividend of $0.11 per share on Tuesday, September 15th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.51%. The ex-dividend date of this dividend is Monday, August 31st.
View istar's dividend history.

1 Wall Street analysts have issued 1-year target prices for istar's stock. Their forecasts range from $16.50 to $16.50. On average, they anticipate istar's share price to reach $16.50 in the next twelve months. This suggests a possible upside of 31.6% from the stock's current price.
View analysts' price targets for istar.

News articles about STAR stock have been trending extremely negative this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. istar earned a coverage optimism score of -4.1 on InfoTrie's scale. They also assigned media 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 effect on the stock's share price in the immediate future.
View the latest news about istar.

istar saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 9,500,000 shares, an increase of 10.9% from the January 31st total of 8,570,000 shares. Based on an average daily volume of 895,000 shares, the days-to-cover ratio is currently 10.6 days. Approximately 12.8% of the company's stock are short sold.
View istar's Short Interest.

Some companies that are related to istar include SL Green Realty (SLG), JBG SMITH Properties (JBGS), MGM Growth Properties (MGP), Physicians Realty Trust (DOC), Equity Commonwealth (EQC), PS Business Parks (PSB), Brixmor Property Group (BRX), Agree Realty (ADC), Rayonier (RYN), Blackstone Mortgage Trust (BXMT), New Residential Investment (NRZ), Lexington Realty Trust (LXP), Sabra Health Care REIT (SBRA), Howard Hughes (HHC) and Potlatchdeltic (PCH).
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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), Iron Mountain (IRM), Macerich (MAC), AGNC Investment (AGNC), Ashford Hospitality Trust (AHT) and Aegean Marine Petroleum Network (ANW).

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

istar's stock is owned by many different retail and institutional investors. Top institutional shareholders include UBS Group AG (8.61%), Diamond Hill Capital Management Inc. (1.43%), Principal Financial Group Inc. (0.78%), WINTON GROUP Ltd (0.56%), Dalton Greiner Hartman Maher & Co. (0.39%) and Real Estate Management Services LLC (0.28%). Company insiders that own istar stock include Dale Anne Reiss, Istar Inc, Marcos Alvarado 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., WINTON GROUP Ltd, Dalton Greiner Hartman Maher & Co., UBS Group AG, Principal Financial Group Inc., 6 Meridian, Grantham Mayo Van Otterloo & Co. LLC, and Real Estate Management Services LLC.
View insider buying and selling activity for istar.

STAR stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, SG Americas Securities LLC, Jennison Associates LLC, Swiss National Bank, California Public Employees Retirement System, Raymond James Financial Services Advisors Inc., Emerald Mutual Fund Advisers Trust, and Dupont Capital Management Corp. Company insiders that have bought istar stock in the last two years include Dale Anne Reiss, Istar Inc, Marcos Alvarado, and Robert W Holman Jr.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of STAR stock can currently be purchased for approximately $12.54.

istar has a market capitalization of $942.29 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]