NYSE:STAR - istar Stock Price, Price Target & More

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

istar declared that its board has approved a stock buyback program on Friday, December 15th 2017, which permits the company to buyback 50,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its shares are undervalued.

istar Inc (NYSE:STAR) released its earnings results on Thursday, May, 3rd. The real estate investment trust reported $0.35 earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.43. The real estate investment trust earned $364.25 million during the quarter, compared to the consensus estimate of $109.35 million. istar had a return on equity of 28.33% and a net margin of 24.05%. View istar's Earnings History.

istar is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for istar.

3 analysts have issued 12-month price objectives for istar's shares. Their forecasts range from $14.00 to $14.00. On average, they anticipate istar's share price to reach $14.00 in the next twelve months. This suggests a possible upside of 30.7% from the stock's current price. View Analyst Ratings 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."

Some companies that are related to istar include Colony Capital (CLNY), Corecivic (CXW), Brandywine Realty Trust (BDN), Physicians Realty Trust (DOC), Empire State Realty Trust (ESRT), Two Harbors Investment (TWO), Retail Properties of America (RPAI), Pebblebrook Hotel Trust (PEB), Keppel REIT (KREVF), Corporate Express common stock (CXP), Great Portland Estates (GPEAF), Colony Northstar Credit Real Estate (CLNC), STAG Indl Inc/SH SH (STAG), DDR (DDR) and Rexford Industrial Realty (REXR).

Headlines about STAR stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. istar earned a news sentiment score of 0.19 on Accern's scale. They also gave media coverage about the real estate investment trust an impact score of 45.16 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

istar's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Real Estate Management Services LLC (3.07%), Dalton Greiner Hartman Maher & Co. (0.59%), James Investment Research Inc. (0.06%), Fox Run Management L.L.C. (0.06%) and Campbell & CO Investment Adviser LLC (0.03%). Company insiders that own istar stock include Aneel Singh Waraich, Azevedo Luis Mauricio F De, Dale Ann Reiss, Istar Inc, Jay Sugarman, Matthew Gaden Western Wood, Nina Matis and Robin Josephs. View Institutional Ownership Trends for istar.

STAR stock was sold by a variety of institutional investors in the last quarter, including James Investment Research Inc., Real Estate Management Services LLC and Campbell & CO Investment Adviser LLC. View Insider Buying and Selling for istar.

STAR stock was acquired by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co. and Fox Run Management L.L.C.. Company insiders that have bought istar stock in the last two years include Aneel Singh Waraich, Azevedo Luis Mauricio F De, Dale Ann Reiss, Istar Inc and Matthew Gaden Western Wood. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of STAR stock can currently be purchased for approximately $10.71.

istar has a market capitalization of $727.22 million and generates $679.20 million in revenue each year. The real estate investment trust earns $175.68 million in net income (profit) each year or $2.31 on an earnings per share basis. istar employs 186 workers across the globe.

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]