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

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

istar declared a quarterly dividend on Friday, August 2nd. Shareholders 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 yield of 3.08%. The ex-dividend date is Wednesday, August 14th. View istar's Dividend History.

istar declared that its Board of Directors has initiated a share repurchase plan on Friday, December 15th 2017, which authorizes the company to repurchase 50,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board 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 the consensus estimate of ($0.30) by $4.85. The real estate investment trust had revenue of $98.47 million for the quarter, compared to analysts' expectations of $97.50 million. istar had a return on equity of 22.16% and a net margin of 52.01%. During the same quarter last year, the business posted $0.55 EPS. 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 brokerages have issued 1-year target prices for istar's shares. Their predictions range from $11.50 to $17.00. On average, they expect istar's share price to reach $14.25 in the next twelve months. This suggests a possible upside of 9.9% 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 articles about STAR stock have been trending somewhat negative this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. 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 news sentiment score of -1.5 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for istar.

istar saw a decrease in short interest in the month of September. As of September 30th, there was short interest totalling 10,790,000 shares, a decrease 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 Hammerson (HMSNF), Agree Realty (ADC), Keppel REIT (KREVF), Paramount Group (PGRE), Apollo Commercial Real Est. Finance (ARI), QTS Realty Trust (QTS), RLJ Lodging Trust (RLJ), American Assets Trust (AAT), MGM Growth Properties (MGP), Retail Properties of America (RPAI), Potlatchdeltic (PCH), Colony Capital (CLNY), CYRELA BRAZIL R/S (CYRBY), Brandywine Realty Trust (BDN) and Empire State Realty Trust (ESRT).

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 number of of retail and institutional investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.92%), Douglas Lane & Associates LLC (0.18%), Envestnet Asset Management Inc. (0.11%), State of Alaska Department of Revenue (0.07%), Nisa Investment Advisors LLC (0.03%) and Optimum Investment Advisors (0.01%). 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., Optimum Investment Advisors and Douglas Lane & Associates LLC. View Insider Buying and Selling for istar.

STAR stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, 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 $12.97.

istar has a market capitalization of $806.29 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]