iStar Inc. (STAR)

NYSE: STAR · IEX Real-Time Price · USD
22.49 -0.22 (-0.97%)
Jan 21, 2022 4:00 PM EST - Market closed
Market Cap1.56B
Revenue (ttm)560.35M
Net Income (ttm)82.82M
Shares Out69.48M
EPS (ttm)1.07
PE Ratio21.06
Forward PEn/a
Dividend$0.49 (2.16%)
Ex-Dividend DateNov 30, 2021
Volume665,313
Open22.71
Previous Close22.71
Day's Range22.28 - 23.16
52-Week Range14.90 - 27.75
Beta0.74
AnalystsBuy
Price Target34.50 (+53.4%)
Earnings DateFeb 21, 2022

About STAR

iStar Inc. (NYSE: STAR) is focused on reinventing the ground lease sector, unlocking value for real estate owners throughout the country by providing modern, more efficient ground leases on all types of properties. As the founder, investment manager and largest shareholder of Safehold Inc. (NYSE: SAFE), the first publicly traded company to focus on modern ground leases, iStar is helping create a logical new approach to the way real estate is owned, and continues to use its historic strengths in finance and net lease to expand this unique platfo...

IndustryEquity Real Estate Investment Trusts (REITs)
CEOJay Sugarman
Employees143
Stock ExchangeNYSE
Ticker SymbolSTAR
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for iStar stock is "Buy." The 12-month stock price forecast is 34.50, which is an increase of 53.40% from the latest price.

Price Target
$34.50
(53.40% upside)
Analyst Consensus: Buy

News

iStar Announces Adjustment of Conversion Rate for Convertible Notes

NEW YORK, Dec. 1, 2021 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today an adjustment to the conversion rate of its 3.125% Convertible Senior Notes due 2022 as a result of the common stock cash d...

Other symbols:SAFE
1 month ago - PRNewsWire

Wall Street Analysts See a 43% Upside in iStar (STAR): Can the Stock Really Move This High?

The mean of analysts' price targets for iStar (STAR) points to a 42.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in ...

1 month ago - Zacks Investment Research

All You Need to Know About iStar (STAR) Rating Upgrade to Strong Buy

iStar (STAR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

2 months ago - Zacks Investment Research

Here's Why iStar (STAR) Could be Great Choice for a Bottom Fisher

After losing some value lately, a hammer chart pattern has been formed for iStar (STAR), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, ...

2 months ago - Zacks Investment Research

iStar Declares Quarterly Common Dividend and Preferred Stock Dividends

NEW YORK, Nov. 15, 2021 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that the Company's Board of Directors has declared quarterly dividends on the Company's Common Stock and Preferred Stock f...

2 months ago - PRNewsWire

7 Short-Squeeze Stocks Loaded With High-Risk, High-Reward Upside

Here are seven of the top short-squeeze stocks investors may want to keep their eye on, as retail investors lay and wait for the next squeeze. The post 7 Short-Squeeze Stocks Loaded With High-Risk, High...

2 months ago - InvestorPlace

Can iStar (STAR) Climb 33% to Reach the Level Wall Street Analysts Expect?

The mean of analysts' price targets for iStar (STAR) points to a 32.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in ...

2 months ago - Zacks Investment Research

IStar Financial (STAR) Beats Q3 Earnings and Revenue Estimates

iStar (STAR) delivered earnings and revenue surprises of 245.10% and 88.62%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

iStar Reports Third Quarter 2021 Results

NEW YORK, Nov. 2, 2021 /PRNewswire/ -- iStar Inc. (NYSE: STAR) today reported results for the third quarter ended September 30, 2021. Highlights for the quarter include: Net income of $121.9 million or ...

2 months ago - PRNewsWire

iStar Announces Receipt of Requisite Consents in Senior Notes Consent Solicitation

NEW YORK, Oct. 29, 2021 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it has received the requisite consents to implement proposed amendments to the indentures governing its (i) 4.75% Senior N...

2 months ago - PRNewsWire

IStar Financial (STAR) Reports Next Week: Wall Street Expects Earnings Growth

IStar (STAR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Investing in Mortgage REITs

A close look at the mortgage REIT sector.

Other symbols:ABRHASISAFE
3 months ago - The Motley Fool

iStar Sets Third Quarter 2021 Earnings Release Date and Webcast

NEW YORK, Oct. 7, 2021 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that it will release its financial results for the third quarter 2021 on Tuesday, November 2, 2021, prior to the opening of...

3 months ago - PRNewsWire

Safehold Announces Public Offering and Concurrent Private Placement

NEW YORK, Sept. 21, 2021 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) (the "Company") announced today that it has commenced an underwritten public offering to sell 2,000,000 shares of its common stock.

Other symbols:SAFE
4 months ago - PRNewsWire

IStar Financial (STAR) Misses Q2 Earnings and Revenue Estimates

iStar (STAR) delivered earnings and revenue surprises of -11.76% and -0.70%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

iStar Reports Second Quarter 2021 Results

NEW YORK, Aug. 3, 2021 /PRNewswire/ -- iStar Inc. (NYSE: STAR) today reported results for the second quarter ended June 30, 2021. Highlights for the quarter include: Net income (loss) of ($19.5) million...

5 months ago - PRNewsWire

IStar Financial (STAR) Earnings Expected to Grow: Should You Buy?

IStar (STAR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

iStar Sets Second Quarter 2021 Earnings Release Date and Webcast

NEW YORK, July 12, 2021 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that it will release its financial results for the second quarter 2021 on Tuesday, August 3, 2021, prior to the opening of...

6 months ago - PRNewsWire

iStar Intends to Explore Market Interest for Its Net Lease Assets

NEW YORK, July 6, 2021 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that it intends to explore market interest for possible sales of its net lease assets. The Company has engaged Eastdil Secu...

6 months ago - PRNewsWire

iStar Announces Corporate Credit Rating Upgrade to BB by Fitch

NEW YORK, June 23, 2021 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that Fitch Ratings ("Fitch") has upgraded iStar's corporate credit rating to BB, from a previous rating of BB-. Additional...

7 months ago - PRNewsWire

iStar to Present at the Nareit REITweek: 2021 Investor Conference

NEW YORK, June 8, 2021 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that Jay Sugarman, Chairman and Chief Executive Officer, will present at the Nareit REITweek: 2021 Investor Conference on W...

7 months ago - PRNewsWire

iStar Increases Common Dividend by 14% and Declares Preferred Stock Dividends

NEW YORK, May 14, 2021 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that the Company's Board of Directors has declared quarterly dividends on the Company's Common Stock and Preferred Stock fo...

8 months ago - PRNewsWire

iStar Announces Jeremy Fox-Geen Stepping Down as Chief Financial Officer

NEW YORK, May 7, 2021 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that Chief Financial Officer Jeremy Fox-Geen will be leaving iStar this month to join a company in the cryptocurrency infras...

8 months ago - PRNewsWire

IStar Financial (STAR) Q1 Earnings and Revenues Beat Estimates

iStar (STAR) delivered earnings and revenue surprises of 114.29% and 6.45%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

iStar Reports First Quarter 2021 Results

NEW YORK, April 29, 2021 /PRNewswire/ -- iStar Inc. (NYSE: STAR) today reported results for the first quarter ended March 31, 2021. Highlights for the quarter include: Net income (loss) of ($0.4) millio...

8 months ago - PRNewsWire