Raymond James reiterated coverage on iStar with a new price target
$STAR
Real Estate Investment Trusts
Real Estate
Raymond James reiterated coverage of iStar with a rating of Outperform and set a new price target of $25.00 from $19.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/31/2023 | Outperform → Mkt Perform | Raymond James | |
| 11/3/2021 | $32.00 → $33.00 | Outperform | Raymond James |
| 9/10/2021 | $39.00 | Buy | Berenberg |
| 8/4/2021 | $25.00 → $32.00 | Outperform | Raymond James |
| 6/23/2021 | $35.00 | Buy | B. Riley Securities |
NEW YORK, March 30, 2023 /PRNewswire/ -- iStar Inc. (NYSE:STAR) announced today the final consolidation ratio that will be used in the reverse split of iStar common stock that will occur immediately prior to the effective time of the merger of iStar and Safehold ("Safe"). In the reverse stock split, each share of iStar common stock outstanding will be consolidated into 0.160 shares of iStar common stock (the "Star share consolidation ratio"). Immediately thereafter, Safe will merge with and into iStar, with iStar as the surviving corporation and operating under the name Safehold Inc. ("New Safehold"), and each outstanding share of Safe common stock will be converted into one share of commo
NEW YORK, March 28, 2023 /PRNewswire/ -- N-able Inc. (NYSE:NABL) will replace iStar Inc. (NYSE:STAR) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, April 3. S&P SmallCap 600 constituent Safehold Inc. (NYSE:SAFE) is acquiring iStar effective prior to the opening of trading on Friday, March 31. Immediately prior to its acquisition by Safehold, iStar will distribute shares in Star Holdings (NASD:STHO). Star Holdings is not eligible for the S&P SmallCap 600 following the spin-off transaction as it is not representative of the small-cap market space. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effecti
NEW YORK, March 17, 2023 /PRNewswire/ -- iStar Inc. (NYSE:STAR) today announced that its Board of Directors has conditionally declared a pro rata distribution of 0.153 common shares of Star Holdings for each share of iStar common stock outstanding as of March 27, 2023, the record date for the distribution. The distribution will effectuate the previously-announced spin-off of iStar's legacy assets business. The spin-off of Star Holdings is a condition to the closing of iStar's planned merger with Safehold Inc. iStar currently expects the distribution to be made before the open of trading on March 31, 2023, or on a date as promptly as practicable thereafter, subject to the satisfaction of th
10-K - Safehold Inc. (0001095651) (Filer)
8-K - Safehold Inc. (0001095651) (Filer)
8-K - Safehold Inc. (0001095651) (Filer)
Raymond James downgraded iStar from Outperform to Mkt Perform
Raymond James reiterated coverage of iStar with a rating of Outperform and set a new price target of $33.00 from $32.00 previously
Berenberg initiated coverage of iStar with a rating of Buy and set a new price target of $39.00
4 - Safehold Inc. (0001095651) (Issuer)
4 - Safehold Inc. (0001095651) (Issuer)
4 - Safehold Inc. (0001095651) (Issuer)
NEW YORK, Feb. 21, 2023 /PRNewswire/ -- iStar Inc. (NYSE:STAR) today reported results for the fourth quarter and fiscal year ended December 31, 2022. Highlights from the earnings announcement include: Net income (loss) of ($86.7) million or ($1.00) per diluted common share in Q4 '22, and $397.8 million or $4.92 per diluted common share for FY '22Adjusted earnings (losses) of ($79.9) million or ($0.92) per diluted common share in Q4 '22, and $522.0 million or $6.25 per diluted common share for FY '22$150 million of proceeds from asset sales and loan repayments in Q4 '22 and post quarter-end1$192 million special dividend paid in the form of 6.6 million Safehold sharesSafehold closed 26 ground
NEW YORK, Feb. 17, 2023 /PRNewswire/ -- iStar Inc. (NYSE:STAR) announced today that the Company's Board of Directors has declared quarterly dividends on the Company's Preferred Stock for the first quarter of 2023. The dividends are all payable on March 15, 2023 to holders of record on March 1, 2023. Series of Stock Liquidation Preference Dividend Per Share 8.00% Series D Preferred Stock $25.00 $0.50 7.65% Series G Preferred Stock $25.00 $0.478125 7.50% Series I Preferred Stock $25.00 $0.46875 * * * 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 efficien
NEW YORK, Feb. 2, 2023 /PRNewswire/ -- iStar Inc. (NYSE:STAR) announced today that it will release its financial results for the fourth quarter and fiscal year 2022 on Tuesday, February 21, 2023, prior to the opening of the market. The Company will host an earnings conference call reviewing these results and its operations beginning at 10:00 a.m. ET. This conference call will be broadcast live and can be accessed by all interested parties through iStar's website, www.istar.com, in the "Investors" section. The dial-in information for the live call is: Dial-in: 877.545.0320 International: 973.528.0002 Access Code: 420354 A replay of the call will be archived on the Company's website. Alternati
SC 13G/A - Safehold Inc. (0001095651) (Subject)
SC 13G/A - Safehold Inc. (0001095651) (Subject)
SC 13D - Safehold Inc. (0001095651) (Subject)
iStar Inc. (NYSE:STAR) announced today the final consolidation ratio that will be used in the reverse split of iStar common stock that will occur immediately prior to the effective time of the merger of iStar and Safehold ("Safe"). In the reverse stock split, each share of iStar common stock outstanding will be consolidated into 0.160 shares of iStar common stock (the "Star share consolidation ratio"). Immediately thereafter, Safe will merge with and into iStar, with iStar as the surviving corporation and operating under the name Safehold Inc. ("New Safehold"), and each outstanding share of Safe common stock will be converted into one share of common stock of New Safehold. The consolidate
On March 28, N-Able, Inc (NYSE:NABL) disclosed that it would replace iStar Inc (NYSE:STAR) in the S&P SmallCap 600 effective before trading on Monday, April 3. S&P SmallCap 600 constituent Safehold Inc (NYSE:SAFE) is acquiring iStar effective before the opening of trading on March 31. Immediately before its acquisition by Safehold, iStar will distribute shares in Star Holdings (NASDAQ:STHOV). Star Holdings is not eligible for the S&P SmallCap 600 following the spin-off transaction as it does not represent the small-cap market space. In February, N-Able reported fourth-quarter revenue growth of 7% year-on-year to $95.8 million, beating the consensus of $93.6 million. Subscription reve
Urban Edge Properties (NYSE:UE) announced today the appointment of Catherine D. Rice to the Company's Board of Trustees, effective March 15, 2023. Ms. Rice is a seasoned leader with an extensive background in the real estate and financial industries and on public company boards. Her more than thirty-five years of experience includes key management and CFO roles with public and private real estate companies and deep expertise in the public and private capital markets where she has been involved in over $50 billion of capital-raising and financial advisory transactions. "We are thrilled to welcome Katy to our Board," said Jeff Olson, Chairman and CEO. "She brings valuable expertise across a
– Former CFO Transitioning to Pursue CEO Role – – Company Welcomes Proven Finance Executive with Background in High-Growth SaaS, Cybersecurity and Networking – – Mark Donohue to join from Vestmark, Rapid7, Cisco and Starent Networks – Evolv Technology (NASDAQ:EVLV), a global leader in weapons detection security screening, today announced the appointment of Mr. Mark Donohue to the position of Chief Financial Officer, effective June 1, 2022. Mr. Donohue will succeed Mr. Mario Ramos, who has accepted a role as CEO at a privately held financial services company. Mr. Ramos will continue in his current role until May 31, 2022 to ensure a smooth transition. Mr. Donohue will assume global respo