| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | 103MM | +20% |
| Operating Income | 47.3MM | -139% |
| Operating Expenses | 55.7MM | - |
| Net Income | 41.2MM | -133% |
| G&A | 16.7MM | -6% |
| Amortization | 2.5MM | -1% |
| Interest Expense | 47.5MM | +2% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
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Safehold Inc. (NYSE: SAFE) announced today that it has entered into a joint venture arrangement with a sovereign wealth fund focused on new acquisitions for certain ground lease investments. Safehold committed approximately $275 million for a 55% interest in the joint venture, and a sovereign wealth fund committed approximately $225 million for a 45% interest in the joint venture.
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 corpo
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 re
iStar (STAR) witnessed a jump in share price last session on above-average trading volume.
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.
With the business potentially at an important milestone, we thought we'd take a closer look at iStar Inc.'s ( NYSE:STAR...
iStar Inc. ("STAR") (NYSE: STAR) and Safehold Inc. ("SAFE") (NYSE: SAFE) today announced that STAR stockholders and SAFE stockholders have each voted, separately, to approve the proposed merger between STAR and SAFE at their respective special meetings of stockholders held virtually today, March 9, 2023.
Q4 2022 iStar Inc Earnings Call
iStar Inc. (NYSE: STAR) today reported results for the fourth quarter and fiscal year ended December 31, 2022.
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.