Star Holdings (STHO) AI Stock Analysis

• Market Cap: $95.10M
• Dividend Yield: N/A
• Average Volume (3M): 98.58K
• Price to Earnings (P/E): 1.4
• Beta (1Y): 0.82
• Revenue Growth: -19.38%
• EPS Growth: 70.65%
• Country: US
• Employees: 74
• Sector: Real Estate
• Sector Strength: 63
• Industry: Real Estate - Services
• EPS (TTM): -0.57
• Shares Outstanding: 13,319,552
• 10 Day Avg. Volume: 98,898
• 30 Day Avg. Volume: 98,584
• PEG Ratio: <0.01
• Price to Book (P/B): 0.27
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.29
• Enterprise Value/Market Cap: 2.84
• Enterprise Value/Revenue: 0.56
• Enterprise Value/Gross Profit: -28.98
• Enterprise Value/Ebitda: -0.95
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 51 Neutral
• Price Target: $7.50 ▲(5.04%Upside)

Star Holdings' overall stock score reflects significant financial challenges, including persistent losses and negative cash flows. The technical analysis indicates a bearish trend, while the valuation is weak due to a negative P/E ratio. However, positive corporate events, such as governance improvements and financial flexibility enhancements, contribute positively to 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

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Star Holdings Financial Statement Overview

Summary

Star Holdings faces significant financial challenges with persistent losses, negative cash flows, and a reduced asset base. While the elimination of debt and a strong equity ratio are positives, the company needs to address its profitability and cash generation issues to improve its financial health and stability.

Income Statement

Star Holdings has shown a weak financial performance over the past years. The revenue growth from 2023 to 2024 was modest at approximately 12%, but profitability remains a significant issue. The company reported negative net incomes for the past three years, indicating sustained losses. Gross Profit Margin improved from negative to positive, reflecting potential operational improvements. However, both EBIT and EBITDA margins remain negative, raising concerns about operational efficiency and cost management.

Balance Sheet

The balance sheet presents a mixed picture. Star Holdings has a strong equity base with no debt in the latest year, indicating financial stability and low leverage risk. The Equity Ratio remains high, suggesting a solid asset base funded by equity. However, the decline in total assets and stockholders' equity over the years indicates potential asset liquidation or impairment issues. A strong cash position relative to liabilities is a positive factor.

Cash Flow

Cash flow analysis reveals challenges in liquidity and operational cash generation. The company reports consistent negative operating cash flows, pointing to issues in generating sufficient cash from operations. Free cash flow growth remains negative, reflecting ongoing cash burn, while the Operating Cash Flow to Net Income Ratio is negative due to losses, signaling inefficiencies in cash generation relative to reported net income.

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
	EBIT
-12.06M	-32.00M	12.86M
	EBITDA
-77.03M	-168.75M	10.64M
	Net Income Common Stockholders
-86.75M	-196.36M	-36.35M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
34.96M	50.66M	4.23M
	Total Assets
608.65M	669.20M	1.01B
	Total Debt
218.44M	194.43M	2.01M
	Net Debt
183.49M	143.77M	-2.22M
	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: Neutral
• Last Price: 7.14
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For STHO, the sentiment is Neutral. The current price of 7.14 is above the 20-day moving average (MA) of 6.49, above the 50-day MA of 6.77, and below the 200-day MA of 9.90, indicating a neutral trend. The MACD of 0.05 indicates Negative momentum. The RSI at 62.97 is Neutral, neither overbought nor oversold. The STOCH value of 88.42 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for STHO.

Star Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$2.82B	10.89	0.42%	8438.96%	5.74%	-20.95%
LODE	54 Neutral	$107.10M	―	-83.23%	―	102.20%	-496.00%
STHO	51 Neutral	$95.10M	1.44	-13.37%	―	-19.38%	70.65%
ASPS	50 Neutral	$70.49M	―	26.79%	―	13.06%	54.09%
RFL	48 Neutral	$81.42M	―	-57.90%	―	156.73%	-2380.26%
OPAD	48 Neutral	$27.27M	―	-97.62%	―	-19.80%	21.22%

Star Holdings Corporate Events

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.

Star Holdings Announces Amendments to Financial Agreements

On March 28, 2025, Star Holdings announced amendments to several financial agreements, including a term loan credit agreement with Safehold, a management agreement with Safehold Management Services, and a margin loan facility with Morgan Stanley. These amendments extend loan maturities, increase management fees and termination fees, and allow for additional funding and share repurchases. The company’s board authorized a $10 million share repurchase program, reflecting a strategic move to enhance shareholder value. These changes are expected to impact the company’s financial flexibility and market positioning positively.