NASDAQ$STHO
Star Holdings · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Star Holdings reported a net loss for the fourth quarter and fiscal year 2024, primarily due to a non-cash market-to-market adjustment on its investment in SAFE shares.
Star Holdings reported a net loss of $102.6 million for the fourth quarter of 2024, and a net loss of $86.8 million for the full fiscal year. This was largely driven by a non-cash market-to-market adjustment of $104.8 million related to its investment in Safehold Inc. shares. Despite the overall loss, the company generated a net profit of $12.3 million from the sale of land and improvements at a California property.
- Net income (loss) attributable to common shareholders was ($102.6) million for the fourth quarter.
- Earnings (loss) per share was ($7.70) for the fourth quarter.
- A non-cash market-to-market adjustment of ($104.8) million on SAFE investment significantly impacted fourth-quarter earnings.
- The Company sold land and improvements at a California property for $21.5 million, resulting in a net profit of $12.3 million.
Headline financials
Revenue & EPS history
Star Holdings · Revenue · Quarterly
$21.5M
Forward guidance
Star Holdings expects to focus on realizing value for shareholders from its portfolio by maximizing cash flows through active asset management and asset sales.
Tailwinds
- Focus on maximizing cash flows from existing portfolio.
- Strategy includes active asset management.
- Strategy includes asset sales to realize value.
- Company owns interests in valuable properties like Asbury Park Waterfront and Magnolia Green.
- Company holds shares in Safehold Inc. (NYSE: SAFE).
Headwinds
- No specific negative forward guidance was provided in the report.
- The company's portfolio includes properties and loans that are for sale or otherwise plan to be monetized, indicating a divestment strategy.
- The significant non-cash market-to-market adjustment on SAFE investment highlights potential volatility in earnings.
- The company reported a net loss for the quarter and fiscal year.
- Reliance on asset sales for value realization may be subject to market conditions.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 17 quarterly earnings reports · overlaid with Q4 2024
-0.4%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+0.8%
Avg return
30 days after
35%
6 / 17 earnings
Positive
+3.8%
Q4 2025
Best reaction
-5.7%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.8% | -2.1% | +1.9% | |
| Q4 2025 | +3.8% | +7.0% | +1.8% | |
| Q3 2025 | +2.1% | +1.9% | +4.8% | |
| Q1 2025 | -0.8% | -1.9% | +16.4% | |
| Q4 2024 | -0.9% | +3.4% | -7.2% | |
| Q3 2024 | +0.1% | +1.7% | -8.6% | |
| Q2 2024 | +2.1% | +3.8% | +9.3% | |
| Q1 2024 | -0.4% | +3.5% | -4.0% | |
| Q4 2023 | -0.3% | +7.0% | +8.9% | |
| Q4 2021 | -0.3% | +7.0% | +8.9% | |
| Q3 2022 | -5.7% | -6.5% | +10.8% | |
| Q3 2023 | -5.7% | -6.5% | +10.8% | |
| Q2 2023 | +0.2% | -1.7% | -7.0% | |
| Q2 2022 | +0.2% | -1.7% | -7.0% | |
| Q1 2022 | +0.0% | -2.5% | -8.9% | |
| Q4 2022 | +0.0% | -2.5% | -8.9% | |
| Q1 2023 | +0.0% | -2.5% | -8.9% |
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