Star Holdings (STHO) AI Stock Analysis

• Market Cap: $96.49M
• Dividend Yield: N/A
• Average Volume (3M): 114.03K
• Price to Earnings (P/E): 1.4
• Beta (1Y): 0.85
• Revenue Growth: -19.38%
• EPS Growth: 70.65%
• Country: US
• Employees: 74
• Sector: Real Estate
• Sector Strength: 55
• Industry: Real Estate - Services
• EPS (TTM): -2.95
• Shares Outstanding: 13,319,552
• 10 Day Avg. Volume: 42,871
• 30 Day Avg. Volume: 114,031
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 3.38
• Enterprise Value/Revenue: 3.24
• Enterprise Value/Gross Profit: -28.66
• Enterprise Value/Ebitda: -3.40
• 1Y Price Target: $7.50
• Price Target Upside: 3.31% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 45 Neutral
• Price Target: $7.50 ▲(3.31% Upside)

The overall stock score is primarily influenced by the company's poor financial performance, characterized by declining revenues and negative cash flows. Technical analysis provides neutral signals, while valuation remains unattractive due to a negative P/E ratio. Corporate events show positive governance but do not significantly impact the score.

Star Holdings Business Overview & Revenue Model

Company Description

Star Holdings engages in the non-ground lease related commercial real estate businesses in the United States. Its portfolio primarily comprises interest in the Asbury Park Waterfront and Magnolia Green residential development projects; and commercial real estate properties and loans that are marketed for sale or monetized. The company is based in New York, New York.

How the Company Makes Money

Star Holdings generates revenue through multiple streams, including rental income from its real estate holdings, which consists of both residential and commercial properties. The company also earns money by investing in technology ventures that focus on energy-efficient solutions, receiving returns from equity stakes in these startups. Additionally, revenue is generated from renewable energy projects, where the company either sells electricity produced or benefits from government incentives and subsidies aimed at promoting green energy. Strategic partnerships with local and international firms enhance its market reach and operational efficiencies, contributing significantly to its earnings.

Star Holdings Financial Statement Overview

Summary

Star Holdings is experiencing significant financial difficulties, with declining revenues, persistent losses, and negative cash flows. The company struggles with profitability and cash generation, posing risks to financial stability.

Income Statement

Star Holdings has faced significant challenges in profitability, as evidenced by consistently negative net income and declining gross profit margins. The company’s revenue decreased by 12.2% from 2023 to 2024, indicating a negative growth trajectory. Additionally, both EBIT and EBITDA margins are negative, reflecting operational inefficiencies.

Balance Sheet

The balance sheet shows a moderate level of stability with a debt-to-equity ratio of 0.63 in 2024, which is relatively low, suggesting manageable leverage. However, the equity ratio has decreased over the years, indicating a decline in the proportion of assets financed by equity. Return on equity remains negative due to ongoing losses.

Cash Flow

Cash flow analysis reveals negative free cash flow growth, with free cash flow worsening from -$32.77 million in 2023 to -$67.22 million in 2024. The operating cash flow to net income ratio is negative, highlighting cash flow challenges. The company's ability to generate cash from operations is concerning, as operating cash flow remains negative.

Breakdown	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	88.86M	101.17M	96.11M
Gross Profit	-25.57M	-9.24M	-17.23M
EBITDA	-77.03M	-168.75M	10.64M
Net Income	-86.75M	-196.36M	-36.35M
Balance Sheet
Total Assets	608.65M	669.20M	1.01B
Cash, Cash Equivalents and Short-Term Investments	34.96M	50.66M	4.23M
Total Debt	218.44M	194.43M	2.01M
Total Liabilities	263.66M	235.36M	33.10M
Stockholders Equity	345.00M	411.55M	971.54M
Cash Flow
Free Cash Flow	-67.22M	-32.77M	-49.84M
Operating Cash Flow	-31.29M	-18.72M	-27.36M
Investing Cash Flow	306.00K	186.02M	236.06M
Financing Cash Flow	15.81M	-114.06M	-218.31M

Star Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 7.26
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For STHO, the sentiment is Negative. The current price of 7.26 is below the 20-day moving average (MA) of 7.57, below the 50-day MA of 7.58, and below the 200-day MA of 8.65, indicating a bearish trend. The MACD of -0.13 indicates Positive momentum. The RSI at 41.21 is Neutral, neither overbought nor oversold. The STOCH value of 25.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for STHO.

Star Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.00B	18.69	2.59%	5.12%	0.66%	-4.43%
ASPS	50 Neutral	$118.77M	―	26.79%	―	13.06%	54.09%
LODE	49 Neutral	$102.76M	―	-83.23%	―	102.20%	-496.00%
OPAD	49 Neutral	$35.48M	―	-111.30%	―	-30.44%	15.55%
STHO	45 Neutral	$96.49M	1.44	-18.83%	―	-19.38%	70.65%
MAYS	―	$78.62M	―	-0.14%	―	―	―
RFL	48 Neutral	$56.86M	―	-27.47%	―	156.73%	-2380.26%

Star Holdings Corporate Events

Star Holdings Appoints New Chief Accounting Officer

On June 10, 2025, Star Holdings announced that Christopher Uhlick will be appointed as the Chief Accounting Officer effective July 7, 2025, succeeding Brett Asnas. Mr. Asnas will continue his role as Chief Financial Officer. Mr. Uhlick brings extensive experience from his previous roles at SL Green Realty Corp. and W.P. Carey, Inc., and his appointment is expected to enhance the company’s financial leadership.

Star Holdings Elects Trustees at Annual Meeting

On May 21, 2025, Star Holdings held its 2025 Annual Meeting of Shareholders virtually, focusing on the election of three trustees and the ratification of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025. The election resulted in Clifford De Souza, Richard Lieb, and Nina Matis being elected as trustees, while the appointment of Deloitte & Touche LLP was ratified with overwhelming support, indicating strong shareholder confidence in the company’s governance and financial oversight.