Starwood Property Trust, Inc. (NYSE:STWD) Stock Has Average Target Price of $18.70

Shares of Starwood Property Trust, Inc. (NYSE:STWD) have been given a consensus rating of “Moderate Buy” by the eight ratings firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $18.70.

STWD has been the subject of a number of analyst reports. Weiss Ratings downgraded shares of Starwood Property Trust from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, October 8th. Citigroup reaffirmed a “market outperform” rating on shares of Starwood Property Trust in a research note on Thursday, September 24th. Keefe, Bruyette & Woods dropped their target price on Starwood Property Trust from $18.50 to $16.00 and set an “outperform” rating for the company in a report on Friday, October 9th. Zacks Research raised Starwood Property Trust from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 25th. Finally, JPMorgan Chase & Co. cut their target price on Starwood Property Trust from $19.00 to $18.50 and set an “overweight” rating on the stock in a research report on Tuesday, August 18th.

Starwood Property Trust Stock Down 0.1%

Shares of STWD opened at $12.45 on Monday. The stock has a market capitalization of $4.61 billion, a price-to-earnings ratio of 21.09, a price-to-earnings-growth ratio of 1.64 and a beta of 1.01. Starwood Property Trust has a 1 year low of $12.27 and a 1 year high of $18.80. The business’s 50 day simple moving average is $14.94 and its 200-day simple moving average is $16.34. The company has a debt-to-equity ratio of 3.47, a current ratio of 1.46 and a quick ratio of 1.46.

Starwood Property Trust (NYSE:STWD) last posted its earnings results on Thursday, August 6th. The real estate investment trust reported $0.40 EPS for the quarter, meeting analysts’ consensus estimates of $0.40. Starwood Property Trust had a return on equity of 7.85% and a net margin of 11.35%. The firm had revenue of $201.42 million during the quarter, compared to the consensus estimate of $521.67 million. During the same period in the prior year, the company earned $0.43 EPS. The company’s quarterly revenue was up 15.6% compared to the same quarter last year. As a group, equities analysts expect that Starwood Property Trust will post 1.40 earnings per share for the current fiscal year.

Starwood Property Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were given a $0.48 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $1.92 dividend on an annualized basis and a yield of 15.4%. Starwood Property Trust’s dividend payout ratio (DPR) is currently 325.42%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of STWD. Quantum Portfolio Management LLC increased its stake in Starwood Property Trust by 882,760.9% in the first quarter. Quantum Portfolio Management LLC now owns 112,176,302 shares of the real estate investment trust’s stock worth $1,931,676,000 after purchasing an additional 112,163,596 shares during the period. BlackRock Inc. purchased a new stake in shares of Starwood Property Trust during the second quarter valued at $589,366,000. Advisors Capital Management LLC purchased a new stake in shares of Starwood Property Trust during the second quarter valued at $70,121,000. HighTower Advisors LLC boosted its stake in shares of Starwood Property Trust by 8.8% during the second quarter. HighTower Advisors LLC now owns 3,046,542 shares of the real estate investment trust’s stock valued at $49,902,000 after purchasing an additional 246,741 shares during the period. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Starwood Property Trust during the second quarter valued at $38,498,000. Institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Company Profile

Starwood Property Trust, Inc (NYSE: STWD) is a real estate investment trust focused on commercial real estate finance. The company originates, acquires, finances and manages a range of real estate debt investments, including senior and subordinate mortgages, mezzanine loans, and other credit investments secured by commercial properties.

Its business also includes commercial real estate lending and servicing, residential lending, and infrastructure lending. Through these activities, Starwood Property Trust provides financing to property owners, developers and other real estate participants across multiple property types, including office, multifamily, industrial, hospitality and other commercial assets.

Founded in 2009, the company operates primarily in the United States and has also pursued lending and investment opportunities in Europe and other select international markets.