Starwood Property Trust, Inc. (NYSE:STWD) Receives $19.20 Average Price Target from Analysts

Starwood Property Trust, Inc. (NYSE:STWD) has earned an average rating of “Moderate Buy” from the seven analysts that are presently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $19.20.

A number of equities research analysts recently weighed in on STWD shares. Keefe, Bruyette & Woods reduced their price objective on Starwood Property Trust from $19.00 to $18.50 and set an “outperform” rating on the stock in a research report on Friday, August 7th. Wells Fargo & Company set a $20.00 price target on Starwood Property Trust in a report on Monday, August 17th. UBS Group began coverage on shares of Starwood Property Trust in a report on Tuesday, June 2nd. They issued a “buy” rating and a $20.00 price objective for the company. Weiss Ratings reissued a “hold (c-)” rating on shares of Starwood Property Trust in a report on Friday, August 7th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Starwood Property Trust from $19.00 to $18.50 and set an “overweight” rating for the company in a research note on Tuesday, August 18th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of STWD. Bullseye Investment Management LLC acquired a new stake in Starwood Property Trust during the 2nd quarter worth about $34,000. Integrated Wealth Concepts LLC bought a new stake in shares of Starwood Property Trust during the 2nd quarter valued at about $68,000. RFG Advisory LLC grew its stake in Starwood Property Trust by 1.5% during the second quarter. RFG Advisory LLC now owns 192,408 shares of the real estate investment trust’s stock worth $3,152,000 after purchasing an additional 2,784 shares during the period. NewEdge Advisors LLC increased its holdings in Starwood Property Trust by 770.6% in the second quarter. NewEdge Advisors LLC now owns 125,301 shares of the real estate investment trust’s stock worth $2,052,000 after purchasing an additional 110,908 shares in the last quarter. Finally, Squarepoint Ops LLC increased its holdings in Starwood Property Trust by 13.2% in the second quarter. Squarepoint Ops LLC now owns 165,062 shares of the real estate investment trust’s stock worth $2,704,000 after purchasing an additional 19,265 shares in the last quarter. Institutional investors and hedge funds own 49.82% of the company’s stock.

Starwood Property Trust Stock Performance

NYSE:STWD opened at $14.96 on Thursday. The stock’s 50-day simple moving average is $16.15 and its 200 day simple moving average is $16.94. The firm has a market capitalization of $5.54 billion, a PE ratio of 25.36, a price-to-earnings-growth ratio of 1.97 and a beta of 0.98. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 3.47. Starwood Property Trust has a twelve month low of $14.89 and a twelve month high of $20.37.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.40 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.40. The company had revenue of $201.42 million for the quarter, compared to the consensus estimate of $521.67 million. Starwood Property Trust had a net margin of 11.35% and a return on equity of 7.85%. The firm’s quarterly revenue was up 15.6% compared to the same quarter last year. During the same period last year, the company posted $0.43 EPS. On average, analysts anticipate that Starwood Property Trust will post 1.4 EPS for the current fiscal year.

Starwood Property Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be paid a $0.48 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $1.92 annualized dividend and a dividend yield of 12.8%. Starwood Property Trust’s dividend payout ratio is presently 325.42%.

About Starwood Property Trust

Starwood Property Trust, Inc is a real estate investment trust focused primarily on commercial real estate finance. The company originates, acquires, finances and manages a range of commercial real estate debt investments, including first mortgage loans, mezzanine loans, subordinated debt and securities backed by commercial properties.

Its activities also include infrastructure lending, residential lending and the ownership or management of commercial real estate investments. Through these businesses, Starwood Property Trust provides financing to property owners, developers and investors across sectors such as office, multifamily, industrial, hospitality and other commercial real estate categories.

Founded in 2009, the company operates primarily in the United States and also pursues investment opportunities in international markets, including Europe.