Starwood Property Trust, Inc. (NYSE:STWD) Receives $22.25 Consensus Target Price from Analysts

Starwood Property Trust, Inc. (NYSE:STWD) has received a consensus recommendation of “Moderate Buy” from the nine research firms that are presently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $22.25.

A number of research firms have weighed in on STWD. Keefe, Bruyette & Woods raised shares of Starwood Property Trust from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from $20.50 to $22.50 in a research report on Thursday, September 5th. Wells Fargo & Company boosted their price objective on Starwood Property Trust from $22.00 to $24.00 and gave the stock an “outperform” rating in a research report on Friday, September 20th. JPMorgan Chase & Co. lowered their target price on Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating on the stock in a report on Thursday, November 7th. UBS Group upped their price target on Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. Finally, JMP Securities lowered their price objective on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a research note on Thursday, November 7th.

Institutional Investors Weigh In On Starwood Property Trust

A number of institutional investors have recently added to or reduced their stakes in STWD. SG Americas Securities LLC acquired a new position in shares of Starwood Property Trust in the 2nd quarter worth approximately $487,000. Focus Financial Network Inc. grew its holdings in Starwood Property Trust by 10.9% during the 2nd quarter. Focus Financial Network Inc. now owns 24,219 shares of the real estate investment trust’s stock worth $493,000 after acquiring an additional 2,377 shares during the last quarter. Fifth Third Bancorp increased its position in Starwood Property Trust by 26.0% in the 2nd quarter. Fifth Third Bancorp now owns 2,572 shares of the real estate investment trust’s stock valued at $49,000 after acquiring an additional 531 shares in the last quarter. Fifth Third Wealth Advisors LLC bought a new position in shares of Starwood Property Trust in the second quarter worth about $275,000. Finally, Highland Capital Management LLC acquired a new position in shares of Starwood Property Trust during the second quarter worth approximately $648,000. 49.82% of the stock is owned by institutional investors and hedge funds.

Starwood Property Trust Stock Performance

STWD opened at $19.50 on Thursday. The stock has a 50-day moving average of $19.84 and a 200-day moving average of $19.83. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. Starwood Property Trust has a 52-week low of $18.43 and a 52-week high of $22.29. The company has a market cap of $6.57 billion, a PE ratio of 16.67 and a beta of 1.69.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.05. The company had revenue of $479.50 million for the quarter, compared to analyst estimates of $488.63 million. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. The company’s quarterly revenue was down 8.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.46 earnings per share. As a group, equities research analysts forecast that Starwood Property Trust will post 1.88 earnings per share for the current fiscal year.

Starwood Property Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.85%. The ex-dividend date is Tuesday, December 31st. Starwood Property Trust’s dividend payout ratio is 164.10%.

About Starwood Property Trust

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.