Star (NASDAQ:STHO) Issues Earnings Results

Star (NASDAQ:STHO) announced 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 firm had revenue of $39.93 million during the quarter.

Star Stock Performance

Shares of Star stock opened at $7.54 on Friday. Star has a one year low of $7.16 and a one year high of $9.94. The business has a 50-day simple moving average of $8.52 and a 200-day simple moving average of $8.65. The company has a debt-to-equity ratio of 0.74, a quick ratio of 18.87 and a current ratio of 18.87. The company has a market cap of $91.08 million, a PE ratio of 6.23 and a beta of 1.30.

Wall Street Analyst Weigh In

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