istar Inc

Company Profile

istar Inc had its IPO on 1989-11-16 under the ticker symbol STAR.

The company operates in the Real Estate sector and REIT-Diversified industry. istar Inc has a staff strength of 118 employees.

Stock update

Shares of istar Inc opened at $471.55 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of $452.5 - $477.2, and closed at $457.05.

This is a -3.12% slip from the previous day's closing price.

A total volume of 428,288 shares were traded at the close of the day’s session.

In the last one week, shares of istar Inc have increased by +2.9%.

istar Inc's Key Ratios

istar Inc has a market cap of $662.56 million, indicating a price to book ratio of 0.3818 and a price to sales ratio of 2.2999.

In the last 12-months istar Inc’s revenue was $199.33 million with a gross profit of $39.28 million and an EBITDA of $9.19 million. The EBITDA ratio measures istar Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, istar Inc’s operating margin was 1.82% while its return on assets stood at 0.06% with a return of equity of -15.85%.

In Q1, istar Inc’s quarterly earnings growth was a negative -90.7% while revenue growth was a negative 45.1%.

istar Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-5.59 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into istar Inc’s profitability.

istar Inc stock is trading at a EV to sales ratio of 4.8878 and a EV to EBITDA ratio of -6.227. Its price to sales ratio in the trailing 12-months stood at 2.2999.

istar Inc stock pays annual dividends of $0.375 per share, indicating a yield of 6.68% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$6.29 billion

Total Liabilities

$126.20 million

Operating Cash Flow

$-269933000.00

Capital Expenditure

$0

Dividend Payout Ratio

0%

istar Inc ended 2024 with $6.29 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $6.29 billion while shareholder equity stood at $2.15 billion.

istar Inc ended 2024 with $0 in deferred long-term liabilities, $126.20 million in other current liabilities, 639000.00 in common stock, $144.16 million in retained earnings and $155.80 million in goodwill. Its cash balance stood at $48.29 million and cash and short-term investments were $48.29 million. The company’s total short-term debt was $0 while long-term debt stood at $3.90 billion.

istar Inc’s total current assets stands at $317.14 million while long-term investments were $245.00 million and short-term investments were $0. Its net receivables were $268.85 million compared to accounts payable of $126.20 million and inventory worth $1.51 million.

In 2024, istar Inc's operating cash flow was $-269933000.00 while its capital expenditure stood at $0.

Comparatively, istar Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$457.05

52-Week High

$64.3173

52-Week Low

$39.6648

Analyst Target Price

$22

istar Inc stock is currently trading at $457.05 per share. It touched a 52-week high of $64.3173 and a 52-week low of $64.3173. Analysts tracking the stock have a 12-month average target price of $22.

Its 50-day moving average was $443.36 and 200-day moving average was $363.94 The short ratio stood at 1.53 indicating a short percent outstanding of 0%.

Around 426.6% of the company’s stock are held by insiders while 8820.8% are held by institutions.