Star Holdings

Star Holdings

STHO
Star HoldingsUS flagNASDAQ Global Market
8.87
USD
-0.01
- -
107.23MMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
16.65
7.22
7.6
6.67
- -
6.35
Basic EPS, GAAP
4.71
-2.73
-14.74
-6.51
- -
-5.2
Free Cash Flow per Basic Share
0.64
-2.05
-1.41
-2.35
- -
-1.07
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
-14.75
-21.26
- -
-27.79
Tangible Book Value per Share
- -
72.97
32.56
25.89
- -
18.65
Basic Weighted Avg Shares
13
13
13
13
- -
13
Sales/Revenue/Turnover
222
96
101
89
76
82
Operating Margin (%)
-8.64
-64.98
-31.63
-13.57
-29.08
-11.98
Depreciation Expense
6
5
5
4
5
6
Net Income, GAAP
63
-36
-196
-87
-64
-67
Effective Tax Rate (%)
26.44
- -
- -
- -
- -
- -
Profit Margin (%)
28.29
-37.82
-194.08
-97.63
-84.91
-81.81
Working Capital
- -
69
-146
-160
-188
-120
LT Debt
- -
2
2
1
1
1
Total Equity
- -
972
434
345
266
240
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
-59,761.45
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
269
207
LT Borrowings
259
- -
- -
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
12
12
Market Capitalization
109
109
97

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
113
114
119
Cash, Cash Equivalents & STI
62
75
85
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
39
302
238
Payables & Accruals
18
13
11
ST Debt
- -
269
207
Deferred Revenue
21
21
20

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-22.94%
Free Cash Flow
- -
- -
-62.74%
Net Income, GAAP
- -
- -
-25.94%
Sales/Revenue/Turnover
- -
- -
-14.85%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20
24
18
27
89
2025
9
35
13
19
76
2026
15
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-3.68
-2.04
6.9
- -
-6.51
2025
-0.57
-2.95
0.14
- -
- -
2026
-0.85
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Jay S. Sugarman
Full Time Employees
74
Sector
Real Estate
Industry
Real Estate - Services
Address
1114 Avenue of the Americas New York City NY United States of America 10036
IPO Date
Mar 28, 2023
Business
Star Holdings (NASDAQ: STHO), a Maryland statutory trust founded in 2022 and headquartered at 1114 Avenue of the Americas, 39th Floor, New York, New York, engages in non-ground lease real estate assets in the United States. The company focuses on realizing shareholder value through active asset management, sales of existing loans, and operations of land and development properties; its portfolio primarily comprises the Asbury Park Waterfront development, including Asbury Ocean Club Surfside Resort and Residences, The Asbury hotel, and Asbury Lanes, as well as the Magnolia Green master-planned residential community on approximately 1,900 acres entitled for 3,550 single- and multifamily dwelling units plus 193 acres for commercial development; it also holds commercial real estate properties, loans marketed for sale, and shares of Safehold Inc. (NYSE: SAFE). Star Holdings operates in the real estate services sector, targeting development, finance, and operating property segments with 74 employees as of recent reports. Recent developments include a $10 million share repurchase program authorized by the board in March 2025 with purchases such as 0.4 million shares for $3.3 million in Q3 2025; successful extensions of key debt maturities through 2028 and amendments to financing arrangements including a $15.8 million margin loan commitment; net cash proceeds of $4.7 million from a legacy asset legal settlement and $1.7 million in land revenues from selling 12 Magnolia Green lots in Q3 2025, contributing to net income of $1.8 million for the quarter.

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