Star Holdings

STHO · NASDAQ · Real Estate / Real Estate Services

7.87USD+0.02 (+0.25%)

Price History

Full chart

Market Stats

Previous Close7.85

Open7.81

Day Range7.76 – 7.93

52-Week Range7.01 – 9.94

Volume10.05K

Market Cap102.39M

P/E (TTM)7.06

Forward P/E0.00

EPS1.20

Dividend Yield0.00%

Beta1.22

50-Day Avg9.40

200-Day Avg8.67

About

Star Holdings engages in the non-ground lease real estate assets business in the United States. The company portfolio comprises Asbury Park Waterfront and Magnolia Green residential development projects. It also engages in the asset management activities; sale of existing loans; and operation of land and development properties. Star Holdings was incorporated in 2022 and is based in New York, New York.

Company Details

SectorReal Estate
IndustryReal Estate Services
CEOMr. Jay S. Sugarman
Employees0
Headquarters1114 Avenue of the Americas, New York, NY, United States, 10036, USA
Websitehttps://www.starholdingsco.com

Leadership

Mr. Jay S. SugarmanChief Executive Officer · b. 1963
Mr. Michael TrachtenbergPresident · b. 1983
Mr. Brett AsnasChief Financial Officer · b. 1985
Mr. Christopher UhlickChief Accounting Officer · b. 1988
Mr. Pearse HoffmannSenior Vice President of Capital Markets & Investor Relations
Mr. Austin L. Lee J.D.General Counsel, Corporate & Secretary

Financials

Income Statement

Currency: USD	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	-	-	221.83M	96.11M	101.17M	88.86M	110.14M
Growth (%)	-	-	-	-56.67%	+5.27%	-12.17%	+23.95%
Cost of Revenue	-	-	217.09M	113.34M	130.11M	114.44M	88.86M
Gross Profit	-	-	4.74M	-17.23M	-28.94M	-25.57M	21.28M
Gross Margin	-	-	2.14%	-17.93%	-28.60%	-28.78%	19.32%
Operating Expense	-	-	23.92M	45.22M	3.07M	-13.52M	8.82M
Operating Income	-	-	-19.18M	-62.45M	-32.00M	-12.06M	12.46M
Operating Margin	-	-	-8.64%	-64.98%	-31.63%	-13.57%	11.32%
EBITDA	-	-	143.06M	10.64M	-168.75M	-68.28M	-47.22M
EBITDA Margin	-	-	64.49%	11.07%	-166.79%	-76.84%	-42.87%
Net Income	-	-	62.74M	-36.35M	-196.36M	-86.75M	-64.25M
Net Income Margin	-	-	28.29%	-37.82%	-194.08%	-97.63%	-58.33%
R&D	-	-	0.39	6.03	1.6	-	-
R&D as % of Total Revenue	-	-	0.00%	0.00%	0.00%	-	-
Interest Expense	-	-	51.37M	42.04M	22.97M	7.00M	18.37M
Interest Expense % of Total Revenue	-	-	23.16%	43.74%	22.71%	7.88%	16.68%

Balance Sheet

Currency: USD	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	-	-	1.01B	669.20M	608.65M	570.20M
Total Liabilities	-	-	33.10M	235.36M	263.66M	304.33M
Total Equity	-	-	971.54M	411.55M	324.34M	251.77M
Cash	-	-	4.23M	50.66M	34.96M	50.08M
Total Debt	-	-	2.01M	194.43M	218.44M	269.36M
Net Debt	-	-	-2.22M	143.77M	183.49M	219.28M

Cash Flow

Currency: USD	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-41.48M	-	8.53M	-27.36M	-18.72M	-31.29M	-11.66M
Investing Cash Flow	673.12M	673.12M	673.12M	236.06M	186.02M	306.00K	-1.54M
Financing Cash Flow	-139.56M	-139.56M	-676.43M	-218.31M	-114.06M	15.81M	34.83M
Capital Expenditure	0	0	24.61M	22.48M	14.05M	35.94M	54.79M
Free Cash Flow	-	-	-16.07M	-49.84M	-32.77M	-67.22M	-66.45M
FCF to OCF	-	-	-188.33%	182.18%	175.08%	214.85%	569.96%

Earnings

Report Date	Mar 31, 2023	Jun 30, 2023	Sep 30, 2023	Dec 31, 2023	Mar 31, 2024	Aug 6, 2024	Nov 4, 2024	Feb 18, 2025	May 12, 2025	Aug 7, 2025	Nov 10, 2025	Feb 17, 2026	May 8, 2026	Aug 7, 2026	Nov 6, 2026
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	-6.81	-6.75	-6.14	4.97	-3.68	-2.04	6.90	-7.70	-0.57	0.26	0.14	-1.50	-0.67	-0.19	-
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	After-hours	After-hours	After-hours	After-hours	-	Pre-market	Pre-market	-	-	-

Key Statistics & Ratios

Market Cap102.39M

Enterprise Value236.71M

Trailing P/E7.06

Forward P/E0.00

Price / Sales1.04

Price / Book0.38

EPS1.20

Book Value23.32

Revenue (TTM)98.27M

Gross Profit (TTM)34.01M

EBITDA21.51M

Profit Margin14.10%

Operating Margin3.13%

Return on Equity1.38%

Return on Assets1.72%

Shares Outstanding12.08M

Shares Float8.82M

Beta1.22

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Ownership Breakdown

Institutions: 69.00%
Insiders: 4.09%
Retail / Other: 26.91%

Top Institutional Holders

The Toronto-Dominion Bank
1.18M9.77%
Highbridge Capital Management, LLC
1.14M9.42%
FourSixThree Capital LP
883.90K7.32%
Saba Capital Management, LP
757.23K6.27%
TCW Group Inc
615.48K5.09%
Vanguard Capital Management, LLC
529.11K4.38%
Peapod Lane Capital LLC
412.47K3.41%
BlackRock Inc
244.57K2.02%
Geode Capital Management, LLC
174.53K1.44%
Gem Investment Advisors, LLC
137.88K1.14%
The Goldman Sachs Group Inc
128.68K1.07%
Verition Fund Managegment, LLC
102.34K0.85%
Renaissance Technologies Corp
93.78K0.78%
Morgan Stanley - Brokerage Accounts
84.49K0.70%
Vanguard Fiduciary Trust Co
76.52K0.63%
Quantinno Capital Management LP
75.86K0.63%
Gabelli Funds LLC
74.50K0.62%
Jacobs Levy Equity Management, Inc.
72.51K0.60%

Top Fund Holders

Vanguard MStar Total Stk Mkt Idx Invest
388.03K3.21%
GAMCO Intl SICAV Merger Arbtrg I (USD)
73.10K0.60%