Star Equity (STRRP) Expected to Announce Earnings on Friday

Star Equity (NASDAQ:STRRP) is expected to be posting its results before the market opens on Friday, March 6th. Analysts expect Star Equity to post earnings of $0.19 per share and revenue of $59.0750 million for the quarter.

Star Equity Stock Up 0.2%

Shares of Star Equity stock opened at $10.30 on Friday. The firm’s 50 day moving average price is $9.51 and its 200-day moving average price is $9.57. Star Equity has a 52-week low of $8.15 and a 52-week high of $10.40.

Star Equity Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Sunday, March 1st will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 9.7%. The ex-dividend date of this dividend is Friday, February 27th.

Star Equity Company Profile

Star Equity Holdings, Inc engages in the construction business in the United States and internationally. It operates through two segments: Construction, and Investments. It manufactures modular housing units, structural wall panels, permanent wood foundation systems, and other engineered wood products; supplies general contractors with building materials; holds real estate assets; and manages investments. The company was formerly known as Digirad Corporation and changed its name to Star Equity Holdings, Inc in December 2020.