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The 3-Stock Retirement Blueprint (Ad)
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S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
The 3-Stock Retirement Blueprint (Ad)
Estonia to buy US rocket artillery system in $200M deal
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
The 3-Stock Retirement Blueprint (Ad)
Ukraine urges tougher Western squeeze on Russian oil prices
UK arrests wealthy Russian as police target Putin enablers
The 3-Stock Retirement Blueprint (Ad)
Moldova signs new energy deal that could ease blackout risk
Tennessee roads plan mulls toll lanes, electric car fee hike
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
The 3-Stock Retirement Blueprint (Ad)
Estonia to buy US rocket artillery system in $200M deal
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
The 3-Stock Retirement Blueprint (Ad)
Ukraine urges tougher Western squeeze on Russian oil prices
UK arrests wealthy Russian as police target Putin enablers
The 3-Stock Retirement Blueprint (Ad)
Moldova signs new energy deal that could ease blackout risk
Tennessee roads plan mulls toll lanes, electric car fee hike
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
The 3-Stock Retirement Blueprint (Ad)
Estonia to buy US rocket artillery system in $200M deal
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
The 3-Stock Retirement Blueprint (Ad)
Ukraine urges tougher Western squeeze on Russian oil prices
UK arrests wealthy Russian as police target Putin enablers
The 3-Stock Retirement Blueprint (Ad)
Moldova signs new energy deal that could ease blackout risk
Tennessee roads plan mulls toll lanes, electric car fee hike
NYSE:STAR

iStar - STAR Stock Forecast, Price & News

$8.04
+0.08 (+1.01%)
(As of 12/2/2022 12:00 AM ET)
Add
Compare
Today's Range
$7.74
$8.08
50-Day Range
$7.96
$11.57
52-Week Range
$7.41
$26.71
Volume
463,751 shs
Average Volume
900,292 shs
Market Capitalization
$697.07 million
P/E Ratio
1.09
Dividend Yield
6.28%
Price Target
$21.00

iStar MarketRank™ Forecast

Analyst Rating
N/A
0.00 Rating Score
Upside/​Downside
161.2% Upside
$21.00 Price Target
Short Interest
Healthy
2.90% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.46mentions of iStar in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.32 out of 5 stars

Finance Sector

459th out of 891 stocks

Real Estate Investment Trusts Industry

98th out of 192 stocks

STAR stock logo

About iStar (NYSE:STAR) Stock

iStar, Inc. is a real estate investment trust company which engages in the financing, investing, and development of real estate and related projects. It operates through the following segments: Real Estate Finance, Net Lease, Operating Properties, Land and Development, and Corporate and Other. The Real Estate Finance segment includes all of the activities of the company related to senior and mezzanine real estate loans and real estate related securities. The Net Lease segment consists of activities of the company and operations related to the ownership of properties generally leased to single corporate tenants. The Operating Properties segment focuses on the activities and operations related to its commercial and residential properties. The Land and Development segment refers to the developable land portfolio of the company. The Corporate and Other segment represents all the corporate level and unallocated items, joint venture, and strategic investments. The company was founded by Jay Sugarman in 1993 and is headquartered in New York, NY.

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STAR Stock News Headlines

iStar (NYSE:STAR) Sees Large Volume Increase
iStar Announces Details for Its Special Dividend
iStar's Return On Capital Employed Overview
iStar Announces Dividend Actions
iStar Reports Third Quarter 2022 Results
iStar Enters Oversold Territory - Nasdaq
See More Headlines
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STAR Company Calendar

Last Earnings
11/02/2021
Ex-Dividend for 9/15 Dividend
8/31/2022
Dividend Payable
9/15/2022
Today
12/03/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/23/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$21.00
High Stock Price Forecast
$21.00
Low Stock Price Forecast
$21.00
Forecasted Upside/Downside
+161.2%
Consensus Rating
N/A
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$132.48 million
Pretax Margin
-88.19%

Debt

Sales & Book Value

Annual Sales
$308.63 million
Cash Flow
$3.56 per share
Book Value
$19.58 per share

Miscellaneous

Free Float
83,030,000
Market Cap
$697.07 million
Optionable
Optionable
Beta
1.24

Key Executives

  • Jay Sugarman
    Chairman & Chief Executive Officer
  • Marcos Alvarado
    President & Chief Investment Officer
  • Brett Asnas
    Chief Financial Officer
  • Anthony V. Esposito
    Senior Vice President & Controller
  • Kyle Curtin
    Chief Administrative Officer













STAR Stock - Frequently Asked Questions

What is iStar's stock price forecast for 2023?

0 Wall Street research analysts have issued 1-year price objectives for iStar's shares. Their STAR share price forecasts range from $21.00 to $21.00. On average, they expect the company's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 161.2% from the stock's current price.
View analysts price targets for STAR
or view top-rated stocks among Wall Street analysts.

How have STAR shares performed in 2022?

iStar's stock was trading at $25.83 at the beginning of 2022. Since then, STAR stock has decreased by 68.9% and is now trading at $8.04.
View the best growth stocks for 2022 here
.

Are investors shorting iStar?

iStar saw a drop in short interest in November. As of November 15th, there was short interest totaling 2,510,000 shares, a drop of 28.7% from the October 31st total of 3,520,000 shares. Based on an average daily volume of 1,070,000 shares, the short-interest ratio is presently 2.3 days.
View iStar's Short Interest
.

When is iStar's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our STAR earnings forecast
.

How were iStar's earnings last quarter?

iStar Inc. (NYSE:STAR) posted its earnings results on Tuesday, November, 2nd. The real estate investment trust reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $1.48. iStar had a negative trailing twelve-month return on equity of 7.41% and a net margin of 288.50%. During the same period in the previous year, the business posted ($0.03) earnings per share.

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

iStar declared a quarterly dividend on Wednesday, August 17th. Shareholders of record on Thursday, September 1st will be given a dividend of $0.125 per share on Thursday, September 15th. This represents a $0.50 annualized dividend and a dividend yield of 6.22%. The ex-dividend date of this dividend is Wednesday, August 31st.
Read our dividend analysis for STAR
.

Is iStar a good dividend stock?

iStar (NYSE:STAR) pays an annual dividend of $0.50 per share and currently has a dividend yield of 6.28%. STAR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company 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 is 6.76%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for STAR.

What is Jay Sugarman's approval rating as iStar's CEO?

8 employees have rated iStar Chief Executive Officer Jay Sugarman on Glassdoor.com. Jay Sugarman has an approval rating of 100% among the company'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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (17.06%), Vanguard Group Inc. (15.28%), State Street Corp (3.38%), Verition Fund Management LLC (2.73%), Pentwater Capital Management LP (1.38%) and Balyasny Asset Management LLC (1.22%). Insiders that own company stock include Garett Rosenblum and Istar Inc.
View institutional ownership trends
.

How do I buy shares of iStar?

Shares of STAR stock 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 $8.04.

How much money does iStar make?

iStar (NYSE:STAR) has a market capitalization of $697.07 million 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 $7.40 on an earnings per share basis.

How many employees does iStar have?

The company employs 144 workers across the globe.

How can I contact iStar?

iStar's mailing address is 1114 AVENUE OF THE AMERICAS 39TH FLOOR, NEW YORK NY, 10036. The official website for the company is www.istar.com. The real estate investment trust can be reached via phone at (212) 930-9400, via email at investors@istar.com, or via fax at 212-930-9494.

This page (NYSE:STAR) was last updated on 12/4/2022 by MarketBeat.com Staff