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

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

istar announced a quarterly dividend on Friday, August 2nd. Stockholders 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 annualized dividend and a dividend yield of 3.11%. The ex-dividend date is Wednesday, August 14th. View istar's Dividend History.

istar declared that its board has authorized a stock buyback plan on Friday, December 15th 2017, which allows the company to buyback 50,000,000 shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.

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

istar is scheduled to release their next quarterly earnings announcement on Thursday, October 31st 2019. View Earnings Estimates for istar.

istar will be holding an earnings conference call on Thursday, October 31st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 equities research analysts have issued twelve-month price targets for istar's shares. Their forecasts range from $11.50 to $17.00. On average, they expect istar's share price to reach $14.25 in the next year. This suggests a possible upside of 10.6% from the stock's current price. View Analyst Price Targets 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.

News stories about STAR stock have trended somewhat positive on Wednesday, InfoTrie reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. istar earned a coverage optimism score of 2.0 on InfoTrie's scale. They also assigned media headlines 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 impact on the company's share price in the near term. View News Stories for istar.

istar saw a drop in short interest in September. As of September 30th, there was short interest totalling 10,790,000 shares, a drop of 6.1% from the August 30th total of 11,490,000 shares. Based on an average trading volume of 647,900 shares, the days-to-cover ratio is currently 16.7 days. Currently, 18.4% of the company's stock are sold short. View istar's Current Options Chain.

Some companies that are related to istar include Paramount Group (PGRE), Keppel REIT (KREVF), Apollo Commercial Real Est. Finance (ARI), QTS Realty Trust (QTS), RLJ Lodging Trust (RLJ), Potlatchdeltic (PCH), American Assets Trust (AAT), Retail Properties of America (RPAI), MGM Growth Properties (MGP), Colony Capital (CLNY), Brandywine Realty Trust (BDN), Empire State Realty Trust (ESRT), Lexington Realty Trust (LXP), Acadia Realty Trust (AKR) and CYRELA BRAZIL R/S (CYRBY).

Based on aggregate information from My MarketBeat watchlists, some companies that other istar investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Aegean Marine Petroleum Network (ANW), Chipotle Mexican Grill (CMG), Micron Technology (MU), Designer Brands (DBI), Och-Ziff Capital Management Group (OZM), Apollo Commercial Real Est. Finance (ARI) and Centurylink (CTL).

istar's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.92%), Douglas Lane & Associates LLC (0.18%), 6 Meridian (0.12%), Envestnet Asset Management Inc. (0.11%), State of Alaska Department of Revenue (0.07%) and Nisa Investment Advisors LLC (0.03%). 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.

STAR stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Virginia Retirement Systems ET AL, Optimum Investment Advisors and Douglas Lane & Associates LLC. View Insider Buying and Selling for istar.

STAR stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, 6 Meridian, Envestnet Asset Management Inc., Nisa Investment Advisors LLC and Gradient Investments LLC. 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.

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.

One share of STAR stock can currently be purchased for approximately $12.88.

istar has a market capitalization of $800.70 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.

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

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]