Star (NASDAQ:STHO) Releases Quarterly Earnings Results

Star (NASDAQ:STHO) issued its quarterly earnings results on Friday. The company reported $0.66 earnings per share (EPS) for the quarter, Zacks reports. Star had a negative return on equity of 0.90% and a net margin of 14.77%.

Star Price Performance

Shares of Star stock traded down $0.03 during midday trading on Friday, hitting $7.54. 18,807 shares of the company traded hands, compared to its average volume of 30,622. The firm’s fifty day moving average price is $8.57 and its 200-day moving average price is $8.65. The stock has a market cap of $91.09 million, a price-to-earnings ratio of 6.23 and a beta of 1.30. Star has a 12 month low of $7.16 and a 12 month high of $9.94. The company has a debt-to-equity ratio of 0.74, a quick ratio of 18.87 and a current ratio of 18.87.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on STHO shares. Weiss Ratings upgraded Star from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Wednesday, August 12th. Wall Street Zen upgraded Star to a “hold” rating in a research report on Saturday, October 31st. One research analyst has rated the stock with a Hold rating. According to MarketBeat, the company has a consensus rating of “Hold”.

About Star

Star Holdings (NASDAQ: STHO) is a real estate investment company that owns and manages a diversified portfolio of commercial real estate and real estate-related investments. Its holdings have included properties and investments across several sectors, including multifamily housing, office, retail, industrial, hospitality and land.

The company’s portfolio is primarily focused on real estate in the United States and may include both direct property interests and investments in real estate debt or other related assets.