Star (NASDAQ:STHO) Releases Quarterly Earnings Results

Star (NASDAQ:STHO) posted its quarterly earnings results on Friday. The company reported $0.66 EPS for the quarter, Zacks reports. Star had a net margin of 14.77% and a negative return on equity of 0.90%. The business had revenue of $39.93 million during the quarter.

Star Stock Performance

Shares of STHO opened at $7.54 on Friday. Star has a 12 month low of $7.16 and a 12 month high of $9.94. The stock has a fifty day moving average price of $8.52 and a 200-day moving average price of $8.65. The company has a current ratio of 18.87, a quick ratio of 18.87 and a debt-to-equity ratio of 0.74. The firm has a market cap of $91.08 million, a PE ratio of -2.82 and a beta of 1.30.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on STHO shares. Wall Street Zen upgraded shares of Star to a “hold” rating in a research note on Saturday, October 31st. Weiss Ratings raised shares of Star from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Wednesday, August 12th. One analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Star Company Profile

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.