S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NYSE:STAR

iStar (STAR) Stock Forecast, Price & News

$16.68
+0.77 (+4.84%)
(As of 05/20/2022 04:00 PM ET)
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Today's Range
$15.86
$16.76
50-Day Range
$15.43
$24.65
52-Week Range
$15.10
$27.75
Volume
1.52 million shs
Average Volume
777,887 shs
Market Capitalization
$1.38 billion
P/E Ratio
1.64
Dividend Yield
3.14%
Beta
0.89
30 days | 90 days | 365 days | Advanced Chart
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iStar logo

About iStar

iStar Inc. (NYSE: STAR) is focused on reinventing the ground lease sector, unlocking value for real estate owners throughout the country by providing modern, more efficient ground leases on all types of properties. As the founder, investment manager and largest shareholder of Safehold Inc. (NYSE: SAFE), the first publicly traded company to focus on modern ground leases, iStar is helping create a logical new approach to the way real estate is owned, and continues to use its historic strengths in finance and net lease to expand this unique platform. Recognized as a consistent innovator in the real estate markets, iStar specializes in identifying and scaling newly discovered opportunities and has completed more than $40 billion of transactions over the past two decades.

Headlines

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Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Employees
144
Year Founded
N/A

Sales & Book Value

Annual Sales
$308.63 million
Cash Flow
$3.81 per share
Book Value
$21.55 per share

Profitability

Net Income
$132.48 million
Pretax Margin
7.76%

Debt

Price-To-Earnings

Miscellaneous

Free Float
79,344,000
Market Cap
$1.38 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/02/2021
Ex-Dividend for 3/15 Dividend
2/28/2022
Dividend Payable
3/15/2022
Today
5/20/2022
Ex-Dividend for 6/15 Dividend
5/31/2022
Dividend Payable
6/15/2022
Next Earnings (Estimated)
8/02/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.75 out of 5 stars

Finance Sector

281st out of 1,356 stocks

Real Estate Investment Trusts Industry

41st out of 234 stocks

Analyst Opinion: 3.5Community Rank: 4.4Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -













iStar (NYSE:STAR) Frequently Asked Questions

Is iStar a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for iStar in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" iStar stock.
View analyst ratings for iStar
or view top-rated stocks.

Are investors shorting iStar?

iStar saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 7,170,000 shares, a drop of 60.2% from the March 31st total of 18,020,000 shares. Based on an average daily trading volume, of 739,500 shares, the short-interest ratio is currently 9.7 days. Approximately 10.9% of the shares of the stock are sold short.
View iStar's Short Interest
.

When is iStar's next earnings date?

iStar is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for iStar
.

How were iStar's earnings last quarter?

iStar Inc. (NYSE:STAR) released its earnings results on Tuesday, November, 2nd. The real estate investment trust reported $1.76 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.28 by $1.48. iStar had a net margin of 193.79% and a trailing twelve-month return on equity of 1.38%. During the same quarter last year, the company earned ($0.03) earnings per share.
View iStar's earnings history
.

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

iStar declared a quarterly dividend on Friday, May 13th. Stockholders of record on Wednesday, June 1st will be given a dividend of $0.125 per share on Wednesday, June 15th. This represents a $0.50 annualized dividend and a dividend yield of 3.00%. The ex-dividend date is Tuesday, May 31st.
View iStar's dividend history
.

Is iStar a good dividend stock?

iStar pays an annual dividend of $0.50 per share and currently has a dividend yield of 3.14%. iStar has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of iStar is 4.90%. This payout ratio is at a healthy, sustainable level, below 75%.
View iStar's dividend history.

What price target have analysts set for STAR?

3 brokers have issued 1-year target prices for iStar's stock. Their forecasts range from $33.00 to $39.00. On average, they expect iStar's stock price to reach $36.00 in the next year. This suggests a possible upside of 115.8% from the stock's current price.
View analysts' price targets for iStar
or view top-rated stocks among Wall Street analysts.

Who are iStar's key executives?
iStar's management team includes the following people:
  • Mr. Jay S. Sugarman, Exec. Chairman & CEO (Age 59, Pay $938.03k)
  • Mr. Marcos Alvarado, Pres & Chief Investment Officer (Age 41, Pay $3.22M)
  • Mr. Garett Rosenblum, Sr. VP & Chief Accounting Officer (Age 48, Pay $686.51k) (LinkedIn Profile)
  • Mr. Brett Asnas, Chief Financial Officer (Age 37)
  • Ms. Kyle Curtin, Chief Admin. Officer
  • Mr. Jason Fooks, Sr. VP of Investor Relations & Marketing
  • Mr. Geoffrey M. Dugan, Sr. VP, Compliance Officer, Gen. Counsel of Corp. & Corp. Sec.
  • Mr. Douglas B. Heitner, Chief Legal Officer (Age 40)
  • Ms. Theresa Ulyatt, Chief People Officer
  • Mr. Barclay G. Jones III, Exec. VP of Net Lease Investments (Age 61)
What is Jay Sugarman's approval rating as iStar's CEO?

8 employees have rated iStar CEO Jay Sugarman on Glassdoor.com. Jay Sugarman has an approval rating of 100% among iStar's employees. This puts Jay Sugarman in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of iStar own?

Based on aggregate information from My MarketBeat watchlists, some companies that other iStar investors own include CA (CA), BlackRock (BLK), Iron Mountain (IRM), Macerich (MAC), Medical Properties Trust (MPW), New Residential Investment (NRZ), NVIDIA (NVDA), AGNC Investment (AGNC), Endologix (ELGX) and Energy Transfer (ET).

What is iStar's stock symbol?

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

Who are iStar's major shareholders?

iStar's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (13.25%), NewEdge Wealth LLC (7.11%), State Street Corp (3.17%), Citigroup Inc. (1.42%), Charles Schwab Investment Management Inc. (1.30%) and UBS Group AG (1.18%). Company insiders that own iStar stock include Garett Rosenblum and Istar Inc.
View institutional ownership trends for iStar
.

Which institutional investors are selling iStar stock?

STAR stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Bank of Montreal Can, CI Investments Inc., Private Management Group Inc., Invesco Ltd., Saba Capital Management L.P., EJF Capital LLC, and UBS Group AG.
View insider buying and selling activity for iStar
or view top insider-selling stocks.

Which institutional investors are buying iStar stock?

STAR stock was purchased by a variety of institutional investors in the last quarter, including P Schoenfeld Asset Management LP, Hood River Capital Management LLC, Conversant Capital LLC, Boussard & Gavaudan Investment Management LLP, NewEdge Wealth LLC, State Street Corp, Omni Event Management Ltd, and State of New Jersey Common Pension Fund D.
View insider buying and selling activity for iStar
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is iStar's stock price today?

One share of STAR stock can currently be purchased for approximately $16.68.

How much money does iStar make?

iStar has a market capitalization of $1.38 billion and generates $308.63 million in revenue each year. The real estate investment trust earns $132.48 million in net income (profit) each year or $10.199990 on an earnings per share basis.

How many employees does iStar have?

iStar employs 144 workers across the globe.

What is iStar's official website?

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

How can I contact iStar?

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, via email at [email protected], or via fax at 212-930-9494.

This page was last updated on 5/21/2022 by MarketBeat.com Staff

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