EPS: As of FY2026 Q1, the actual value is USD -0.85.

Operational Metrics

Star Holdings reported a non-cash adjustment of - $2.2 million, which decreased earnings per share by $0.18, related to its investment in approximately 13.5 million shares of SAFE based on a mark-to-market at quarter end.

Cash Flow / Unique Metrics

During the first quarter, Star Holdings received two loan repayments. These included a $10.6 million mezzanine loan at the Surfhouse multifamily development in Asbury Park and a $3.1 million senior mortgage on a New York asset.

Share Repurchases

Star Holdings repurchased approximately 0.2 million shares of its outstanding common stock for $2.0 million at an average share price of $8.45.

Outlook / Guidance

Star Holdings expects to focus on realizing value for shareholders from its portfolio. This will primarily be achieved by maximizing cash flows through active asset management and asset sales.