News stories about istar (NYSE:STAR) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. istar earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave news articles about the real estate investment trust an impact score of 45.5315959947391 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- Naples Reserve attracts year-round residents (naplesnews.com)
- iStar Prices the Upsizing, Extension and Amendment of its Senior Secured Term Loan (finance.yahoo.com)
- Bruce Springsteen Rocks Asbury Lanes Reopening (antimusic.com)
- The UK’s Watchkeeper ISTAR UAV (defenseindustrydaily.com)
- Springsteen Opens Iconic Asbury Lanes (travelmarketreport.com)
Shares of istar opened at $10.97 on Tuesday, according to MarketBeat. The company has a current ratio of 8.16, a quick ratio of 8.16 and a debt-to-equity ratio of 3.17. istar has a fifty-two week low of $9.75 and a fifty-two week high of $12.29. The company has a market capitalization of $748.95 million, a PE ratio of 4.75 and a beta of 0.95.
istar (NYSE:STAR) last issued its quarterly earnings results on Thursday, May 3rd. The real estate investment trust reported $0.35 earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.43. istar had a return on equity of 28.33% and a net margin of 24.05%. The firm had revenue of $364.25 million for the quarter, compared to the consensus estimate of $109.35 million. equities research analysts anticipate that istar will post 0.27 earnings per share for the current year.
Several brokerages have recently weighed in on STAR. UBS Group began coverage on istar in a report on Tuesday, March 27th. They issued a “market perform” rating on the stock. Raymond James began coverage on istar in a report on Tuesday, March 27th. They issued a “market perform” rating on the stock. Finally, ValuEngine upgraded istar from a “hold” rating to a “buy” rating in a report on Wednesday, March 28th. Two equities research analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $14.00.
iStar (NYSE: STAR) finances, invests in and develops real estate and real estate related projects as part of its fully-integrated investment platform. Building on over two decades of experience and more than $35 billion of transactions, iStar brings uncommon capabilities and new ways of thinking to commercial real estate and adapts its investment strategy to changing market conditions.
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