[1][2] In 2009, disgruntled Ármann players, unhappy with poor training facilities and lack of practice time, contacted Stjarnan and inquired if the board would be interested in starting a women's team.

The board responded positively and in the end the entire Ármann team transferred over.

[4][5] After a disappointing first season, where high scoring guard Chelsie Schweers was fired mid-season[6] and head coach Baldur Ingi Jónasson resigned before the seasons end,[7] Stjarnan bounced back in 2016–2017 behind Danielle Rodriguez stellar play and made it to the playoffs.

[9] On 13 February 2019, behind Rodriguez 33 points, including a three-point heave from just inside the half-court line to finish the first half, Stjarnan's won Breiðablik, 103–82, in the Icelandic Cup semi-finals, advancing to the Cup finals for the first time in its history.

[11] On 22 August it was reported that the board had withdrawn the team from the 1. deild kvenna after it delayed hiring a new head coach.