Traders should focus on the cash-generating ability of the real estate portfolio and pace of asset sales, as reported earnings are heavily influenced by non-cash items. Watch for any updates on asset monetization strategy in the 10-Q or subsequent filings.
Price Chart
Executive Summary
Star Holdings reported Q2 2026 net income of $41.4M ($3.43 EPS), driven largely by a $29.3M non-cash mark-to-market adjustment on its SAFE investment and $14.4M deferred non-cash income from a lease expiration. Excluding these items, operating results appear modest, and no comparable prior-period or consensus estimates were provided, limiting the ability to judge operational performance.
Key Financial Metrics
Key Facts
- Q2 2026 net income attributable to common shareholders: $41.4M
- GAAP diluted EPS: $3.43
- Includes $29.3M non-cash mark-to-market gain on SAFE shares (~13.5M shares)
- Includes $14.4M deferred non-cash income from asset surrender to municipality
- No revenue figure reported; company is a lessor of real property with asset sale strategy
- Quarterly report on Form 10-Q filed with SEC
Financial Impact
Reported net income of $41.4M and EPS of $3.43, but $29.3M of the income is a non-cash mark-to-market adjustment on ~13.5M shares of SAFE, and $14.4M is deferred non-cash income from a lease expiration. Core operating income before these items appears negligible.
Risk Factors
- Earnings heavily reliant on non-cash mark-to-market adjustments on SAFE shares, which are volatile
- Core operating income before non-cash items appears minimal
- No revenue disclosed — unclear recurring cash flow generation from real estate assets
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-prn-302846347 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 9, 2026 17d ago | 8-K | $8.30 | awaiting T+60 | — | $7.52 (−9.40%) |
Aug 7, 2026 11w ago | Press Release | $9.44 | awaiting T+60 | — | $7.52 (−20.34%) |
Aug 3, 2026 12w ago | 8-K | $9.24 | awaiting T+60 | — | $7.52 (−18.61%) |
May 8, 2026 24w ago | 8-K | $8.75 $9.38 | ▼ −7.20% | ▼ −2.81% | $7.52 (+14.06%) |
Apr 7, 2026 28w ago | DEFA14A | $8.09 $9.23 | ▲ +14.09% | ▲ +3.63% | $7.52 (−7.05%) |
US Market Status
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