Starwood Property Trust, Inc. (NYSE:STWD) Receives $19.70 Consensus PT from Analysts

Shares of Starwood Property Trust, Inc. (NYSE:STWD) have received a consensus rating of “Moderate Buy” from the seven brokerages that are covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $19.70.

Several equities research analysts recently commented on STWD shares. Weiss Ratings downgraded shares of Starwood Property Trust from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Keefe, Bruyette & Woods dropped their price target on shares of Starwood Property Trust from $20.00 to $19.50 and set an “outperform” rating for the company in a research note on Wednesday, May 13th. UBS Group initiated coverage on shares of Starwood Property Trust in a report on Tuesday, June 2nd. They set a “buy” rating and a $20.00 price target on the stock. Wall Street Zen cut shares of Starwood Property Trust from a “hold” rating to a “sell” rating in a research note on Saturday, July 4th. Finally, JPMorgan Chase & Co. lowered their target price on Starwood Property Trust from $20.00 to $19.00 and set an “overweight” rating for the company in a research report on Thursday, April 16th.

Institutional Trading of Starwood Property Trust

Several institutional investors have recently added to or reduced their stakes in STWD. Quantum Portfolio Management LLC increased its position in Starwood Property Trust by 882,760.9% during the 1st quarter. Quantum Portfolio Management LLC now owns 112,176,302 shares of the real estate investment trust’s stock valued at $1,931,676,000 after purchasing an additional 112,163,596 shares during the period. Geode Capital Management LLC lifted its position in shares of Starwood Property Trust by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 6,406,419 shares of the real estate investment trust’s stock worth $115,453,000 after purchasing an additional 148,740 shares during the period. Northern Trust Corp lifted its position in shares of Starwood Property Trust by 1.2% in the 3rd quarter. Northern Trust Corp now owns 5,387,358 shares of the real estate investment trust’s stock worth $104,353,000 after purchasing an additional 64,178 shares during the period. Norges Bank bought a new stake in shares of Starwood Property Trust in the 4th quarter valued at $75,177,000. Finally, Advisors Capital Management LLC increased its position in shares of Starwood Property Trust by 157.3% during the fourth quarter. Advisors Capital Management LLC now owns 3,702,935 shares of the real estate investment trust’s stock worth $66,690,000 after buying an additional 2,263,856 shares during the period. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Trading Up 1.2%

Starwood Property Trust stock traded up $0.20 during trading hours on Friday, hitting $16.64. The stock had a trading volume of 2,059,914 shares, compared to its average volume of 3,517,808. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 3.31. The stock has a market cap of $6.17 billion, a price-to-earnings ratio of 17.34, a P/E/G ratio of 2.17 and a beta of 0.98. Starwood Property Trust has a one year low of $16.29 and a one year high of $20.99. The business’s 50 day simple moving average is $17.03 and its 200-day simple moving average is $17.65.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings results on Friday, May 8th. The real estate investment trust reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.03). Starwood Property Trust had a return on equity of 7.91% and a net margin of 18.11%.The firm had revenue of $205.55 million for the quarter, compared to the consensus estimate of $496.25 million. During the same quarter last year, the firm posted $0.45 earnings per share. The business’s revenue for the quarter was up 22.5% on a year-over-year basis. On average, equities analysts predict that Starwood Property Trust will post 1.55 EPS for the current fiscal year.

Starwood Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a $0.48 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.92 annualized dividend and a dividend yield of 11.5%. Starwood Property Trust’s dividend payout ratio is presently 200.00%.

Starwood Property Trust Company Profile

Starwood Property Trust (NYSE: STWD) is a publicly traded real estate investment trust that specializes in originating, acquiring and managing commercial mortgage loans and other real estate-related investments. The company’s portfolio spans a variety of asset classes, including senior mortgages, mezzanine debt, preferred equity and direct equity investments in commercial properties. By focusing on both debt and equity capital solutions, Starwood Property Trust seeks to generate attractive risk-adjusted returns for its shareholders through a combination of current income and capital appreciation.

Operating primarily in the United States, Starwood Property Trust deploys capital across a broad range of property types, such as multifamily residential, office, retail, hotel and industrial.