Analysts Set Starwood Property Trust, Inc. (NYSE:STWD) Target Price at $22.36

Starwood Property Trust, Inc. (NYSE:STWD) has been assigned an average rating of “Moderate Buy” from the eight analysts that are currently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $22.36.

A number of equities research analysts have commented on the company. BTIG Research reissued a “buy” rating and issued a $24.00 price objective on shares of Starwood Property Trust in a research note on Friday, July 19th. Keefe, Bruyette & Woods upgraded shares of Starwood Property Trust from a “market perform” rating to an “outperform” rating and upped their price objective for the stock from $20.50 to $22.50 in a report on Thursday, September 5th. JPMorgan Chase & Co. raised their price objective on shares of Starwood Property Trust from $20.00 to $20.50 and gave the company an “overweight” rating in a research note on Tuesday, July 16th. Finally, Wells Fargo & Company boosted their target price on shares of Starwood Property Trust from $22.00 to $24.00 and gave the stock an “outperform” rating in a research report on Friday, September 20th.

Starwood Property Trust Stock Performance

Shares of STWD stock opened at $19.74 on Wednesday. Starwood Property Trust has a fifty-two week low of $18.19 and a fifty-two week high of $22.29. The company has a debt-to-equity ratio of 2.80, a quick ratio of 1.84 and a current ratio of 1.84. The stock has a 50 day simple moving average of $20.19 and a two-hundred day simple moving average of $19.76. The company has a market cap of $6.25 billion, a P/E ratio of 18.11 and a beta of 1.70.

Starwood Property Trust (NYSE:STWD) last issued its earnings results on Tuesday, August 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.04. Starwood Property Trust had a net margin of 17.05% and a return on equity of 10.03%. The business had revenue of $489.80 million for the quarter, compared to analyst estimates of $505.23 million. During the same period in the prior year, the firm earned $0.47 earnings per share. Starwood Property Trust’s revenue was down 5.0% on a year-over-year basis. Research analysts forecast that Starwood Property Trust will post 1.88 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in STWD. Carmel Capital Partners LLC increased its position in shares of Starwood Property Trust by 6.1% during the third quarter. Carmel Capital Partners LLC now owns 131,951 shares of the real estate investment trust’s stock valued at $2,689,000 after acquiring an additional 7,542 shares during the last quarter. Wealth Quarterback LLC grew its stake in Starwood Property Trust by 6.6% in the 3rd quarter. Wealth Quarterback LLC now owns 14,299 shares of the real estate investment trust’s stock valued at $291,000 after purchasing an additional 885 shares during the period. Easterly Investment Partners LLC purchased a new stake in shares of Starwood Property Trust during the 3rd quarter valued at $4,381,000. Focused Wealth Management Inc raised its stake in shares of Starwood Property Trust by 2.3% during the 3rd quarter. Focused Wealth Management Inc now owns 159,551 shares of the real estate investment trust’s stock worth $3,252,000 after purchasing an additional 3,542 shares during the period. Finally, United Advisor Group LLC boosted its holdings in shares of Starwood Property Trust by 5.8% in the 3rd quarter. United Advisor Group LLC now owns 127,024 shares of the real estate investment trust’s stock worth $2,589,000 after buying an additional 6,925 shares during the last quarter. 49.82% of the stock is currently owned by hedge funds and other institutional investors.

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.