NYSE:STAR - istar Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$8.27 +0.17 (+2.10 %)
(As of 03/26/2019 04:00 PM ET)
Previous Close$8.10
Today's Range$8.11 - $8.34
52-Week Range$7.84 - $11.44
Volume777,400 shs
Average Volume603,740 shs
Market Capitalization$563.67 million
P/E Ratio-8.77
Dividend Yield4.44%
Beta1
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. The Company is structured as a real estate investment trust ("REIT"), with a diversified portfolio focused on larger assets located in major metropolitan markets.

Receive STAR News and Ratings via Email

Sign-up to receive the latest news and ratings for STAR and its competitors with MarketBeat's FREE daily newsletter.

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$0.0107 per share
Book Value$15.66 per share

Profitability

Net Income$-32,260,000.00

Miscellaneous

EmployeesN/A
Market Cap$563.67 million
Next Earnings Date5/2/2019 (Estimated)
OptionableOptionable

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 declared a quarterly dividend on Friday, February 22nd. Investors of record on Monday, March 4th will be paid a dividend of $0.09 per share on Friday, March 15th. This represents a $0.36 annualized dividend and a yield of 4.35%. The ex-dividend date of this dividend is Friday, March 1st. View istar's Dividend History.

How will istar's stock buyback program work?

istar announced that its board has initiated a stock repurchase program on Friday, December 15th 2017, which allows the company to repurchase 50,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board of directors believes its shares are undervalued.

How were istar's earnings last quarter?

istar Inc (NYSE:STAR) issued its quarterly earnings data on Monday, February, 25th. The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.22. istar had a negative net margin of 4.04% and a negative return on equity of 1.90%. During the same quarter last year, the business earned $0.40 earnings per share. View istar's Earnings History.

When is istar's next earnings date?

istar is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for istar.

What price target have analysts set for STAR?

3 Wall Street analysts have issued 1 year target prices for istar's stock. Their predictions range from $11.50 to $11.50. On average, they expect istar's share price to reach $11.50 in the next twelve months. This suggests a possible upside of 39.1% from the stock's current price. View Analyst Price Targets for istar.

What is the consensus analysts' recommendation for istar?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for istar in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for istar.

Has istar been receiving favorable news coverage?

News articles about STAR stock have trended negative recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. istar earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days.

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 & Chief Legal Officer (Age 71)
  • Mr. Geoffrey G. Jervis, Advisor (Age 47)
  • Mr. Marcos Alvarado, Pres & Chief Investment Officer (Age 38)
  • Mr. Andrew C. Richardson CPA, CFO and Pres of Land & Devel. (Age 52)

Who are istar's major shareholders?

istar's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Diamond Hill Capital Management Inc. (9.34%), FMR LLC (6.62%), Private Management Group Inc. (3.18%), Real Estate Management Services LLC (1.34%), Norges Bank (1.28%) and Northern Trust Corp (1.25%). Company insiders that own istar stock include Aneel Singh Waraich, Azevedo Luis Mauricio F De, Dale Ann Reiss, Dale Anne Reiss, Istar Inc, Matthew Gaden Western Wood, Nina Matis 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 Real Estate Management Services LLC, Diamond Hill Capital Management Inc., KBC Group NV, Bank of Montreal Can, Van ECK Associates Corp, SG Americas Securities LLC, FMR LLC and MetLife Investment Advisors LLC. View Insider Buying and Selling for istar.

Which major investors are buying istar stock?

STAR stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Oregon Public Employees Retirement Fund, Prudential Financial Inc., Hsbc Holdings PLC, Dalton Greiner Hartman Maher & Co., Summit Global Investments, Private Management Group Inc. and Bank of America Corp DE. 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, 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, Scottrade, Fidelity and Charles Schwab.

What is istar's stock price today?

One share of STAR stock can currently be purchased for approximately $8.27.

How big of a company is istar?

istar has a market capitalization of $563.67 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.

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 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]


MarketBeat Community Rating for istar (NYSE STAR)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  227 (Vote Outperform)
Underperform Votes:  216 (Vote Underperform)
Total Votes:  443
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 3/26/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel