istar Stock Price, News & Analysis (NYSE:STAR)

$12.99
-0.06 (-0.46 %)
(As of 09/22/2019 04:00 PM ET)
Today's Range
$12.87
Now: $12.99
$13.11
50-Day Range
$12.31
MA: $12.93
$13.51
52-Week Range
$7.84
Now: $12.99
$13.75
Volume515,873 shs
Average Volume477,112 shs
Market Capitalization$807.59 million
P/E RatioN/A
Dividend Yield3.07%
Beta0.69
iStar (NYSE: STAR) finances, invests in and develops real estate and real estate related projects as part of its fully-integrated investment platform. Building on over two decades of experience and $40 billion of transactions, iStar brings uncommon capabilities and new ways of thinking to commercial real estate and adapts its investment strategy to changing market conditions. Read More…

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone212-930-9400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$798.12 million
Cash Flow$0.0101 per share
Book Value$15.66 per share

Profitability

Net Income$-32,260,000.00

Miscellaneous

Employees166
Market Cap$807.59 million
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable

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istar (NYSE:STAR) Frequently Asked Questions

What is istar's stock symbol?

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

How often does istar pay dividends? What is the dividend yield for istar?

istar announced a quarterly dividend on Friday, August 2nd. Shareholders of record on Thursday, August 15th will be given 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.

How will istar's stock buyback program work?

istar announced that its Board of Directors has approved a stock repurchase program on Friday, December 15th 2017, which permits the company to repurchase 50,000,000 shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board believes its shares are undervalued.

How were istar's earnings last quarter?

istar Inc (NYSE:STAR) posted its quarterly earnings data on Thursday, August, 1st. The real estate investment trust reported $4.55 earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.30) by $4.85. The real estate investment trust had revenue of $98.47 million for the quarter, compared to analyst estimates of $97.50 million. istar had a net margin of 52.01% and a return on equity of 22.16%. During the same quarter last year, the company earned $0.55 EPS. View istar's Earnings History.

When is istar's next earnings date?

istar is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for istar.

What price target have analysts set for STAR?

2 analysts have issued twelve-month price targets for istar's stock. Their predictions range from $11.50 to $17.00. On average, they expect istar's stock price to reach $14.25 in the next year. This suggests a possible upside of 9.7% from the stock's current price. View Analyst Price Targets for istar.

What is the consensus analysts' recommendation 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.

Has istar been receiving favorable news coverage?

News coverage about STAR stock has trended somewhat negative recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public 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 -1.3 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for istar.

Are investors shorting istar?

istar saw a increase in short interest in August. As of August 31st, there was short interest totalling 11,750,300 shares, an increase of 11.1% from the July 31st total of 10,575,000 shares. Based on an average daily trading volume, of 875,400 shares, the days-to-cover ratio is presently 13.4 days. Approximately 20.0% of the shares of the company are short sold. View istar's Current Options Chain.

Who are some of istar's key competitors?

What other stocks do shareholders of istar own?

Who are istar's key executives?

istar's management team includes the folowing people:
  • Mr. Jay S. Sugarman, Chairman & CEO (Age 56)
  • Ms. Nina B. Matis, Vice Chairman (Age 71)
  • Mr. Marcos Alvarado, Pres & Chief Investment Officer (Age 38)
  • Mr. Andrew C. Richardson CPA, CFO and Pres of Land & Devel. (Age 52)
  • Mr. Geoffrey G. Jervis, Advisor (Age 47)

Who are istar's major shareholders?

istar's stock is owned by a number of of retail and institutional investors. Top institutional investors 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, 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.

Which major investors are selling istar stock?

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.

Which major investors are buying istar stock?

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 Dalton Greiner Hartman Maher & Co.. Company insiders that have bought istar stock in the last two years include Aneel Singh Waraich, 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.

How do I buy shares of 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.

What is istar's stock price today?

One share of STAR stock can currently be purchased for approximately $12.99.

How big of a company is istar?

istar has a market capitalization of $807.59 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.

What is istar's official website?

The official website for istar is http://www.istar.com/.

How can I contact istar?

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]


MarketBeat Community Rating for istar (NYSE STAR)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  260 (Vote Outperform)
Underperform Votes:  249 (Vote Underperform)
Total Votes:  509
MarketBeat's community ratings are surveys of what our community members think about istar and other stocks. Vote "Outperform" if you believe STAR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe STAR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/22/2019 by MarketBeat.com Staff

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