Brokerages Set Starwood Property Trust, Inc. (NYSE:STWD) Target Price at $22.25

Starwood Property Trust, Inc. (NYSE:STWD) has been assigned a consensus rating of “Moderate Buy” from the nine research firms that are currently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, five 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 covered the stock in the last year is $22.25.

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

Starwood Property Trust Trading Down 0.3 %

STWD stock opened at $20.19 on Friday. Starwood Property Trust has a one year low of $18.43 and a one year high of $22.29. The stock has a market cap of $6.81 billion, a price-to-earnings ratio of 17.24 and a beta of 1.70. The company has a fifty day moving average price of $20.00 and a two-hundred day moving average price of $19.79. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79.

Starwood Property Trust (NYSE:STWD) last announced its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 EPS for the quarter, topping the consensus estimate of $0.43 by $0.05. The business had revenue of $479.50 million during the quarter, compared to the consensus estimate of $488.63 million. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. Starwood Property Trust’s revenue was down 8.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.46 EPS. Equities analysts anticipate that Starwood Property Trust will post 1.89 EPS for the current year.

Hedge Funds Weigh In On Starwood Property Trust

Several hedge funds and other institutional investors have recently modified their holdings of the business. Altshuler Shaham Ltd acquired a new position in Starwood Property Trust during the 2nd quarter worth approximately $28,000. Future Financial Wealth Managment LLC bought a new stake in shares of Starwood Property Trust during the third quarter worth $34,000. Quarry LP acquired a new position in shares of Starwood Property Trust during the second quarter worth $36,000. Godsey & Gibb Inc. bought a new position in shares of Starwood Property Trust in the 3rd quarter valued at $41,000. Finally, GAMMA Investing LLC boosted its holdings in shares of Starwood Property Trust by 54.1% during the 2nd quarter. GAMMA Investing LLC now owns 2,263 shares of the real estate investment trust’s stock valued at $43,000 after acquiring an additional 794 shares in the last quarter. Institutional investors own 49.82% of the company’s stock.

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.