Starwood Property Trust (NYSE:STWD) Announces Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Starwood Property Trust (NYSE:STWD) announced its earnings results on Thursday. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.01), Zacks reports. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%.

Starwood Property Trust Stock Performance

Shares of STWD stock traded up $0.17 during trading hours on Thursday, reaching $20.15. 3,183,685 shares of the company’s stock were exchanged, compared to its average volume of 2,052,425. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. Starwood Property Trust has a fifty-two week low of $18.12 and a fifty-two week high of $21.17. The business has a fifty day moving average price of $19.37 and a 200-day moving average price of $19.80. The stock has a market capitalization of $6.79 billion, a P/E ratio of 17.22 and a beta of 1.69.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Keefe, Bruyette & Woods dropped their price objective on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 14th. JMP Securities cut their price target on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a report on Thursday, November 7th. UBS Group boosted their target price on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a report on Tuesday, January 21st. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $22.13.

Starwood Property Trust Company Profile

Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and internationally. The company operates through Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing segments. The Commercial and Residential Lending segment originates, acquires, finances, and manages commercial first mortgages, non-agency residential mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), and residential mortgage-backed securities, as well as other real estate and real estate-related debt investments, include distressed or non-performing loans.