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

Starwood Property Trust, Inc. (NYSE:STWD) has earned a consensus recommendation of “Moderate Buy” from the nine ratings firms that are covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $22.19.

A number of equities research analysts recently issued reports on the company. UBS Group lifted their target price on Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. JMP Securities lowered their price target on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a research report on Thursday, November 7th. JPMorgan Chase & Co. lowered their price target 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. Keefe, Bruyette & Woods lowered their price target on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a research report on Tuesday. Finally, Wells Fargo & Company boosted their price target 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.

Starwood Property Trust Trading Up 0.8 %

NYSE STWD opened at $19.12 on Monday. The firm has a market cap of $6.45 billion, a P/E ratio of 16.34 and a beta of 1.69. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79. The stock’s 50-day moving average is $19.59 and its 200-day moving average is $19.82. Starwood Property Trust has a one year low of $18.12 and a one year high of $21.19.

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, topping analysts’ consensus estimates of $0.43 by $0.05. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The company had revenue of $479.50 million for the quarter, compared to analyst estimates of $488.63 million. During the same quarter last year, the firm posted $0.46 earnings per share. Starwood Property Trust’s revenue was down 8.1% compared to the same quarter last year. Sell-side analysts anticipate that Starwood Property Trust will post 1.88 earnings per share for the current fiscal year.

Starwood Property Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.48 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.92 annualized dividend and a dividend yield of 10.04%. Starwood Property Trust’s dividend payout ratio is currently 164.10%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in STWD. Altshuler Shaham Ltd bought a new stake in Starwood Property Trust in the 2nd quarter valued at $28,000. Brooklyn Investment Group boosted its stake in Starwood Property Trust by 86.1% in the 4th quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 730 shares during the period. Future Financial Wealth Managment LLC bought a new stake in Starwood Property Trust in the 3rd quarter valued at $34,000. Quarry LP bought a new stake in Starwood Property Trust in the 2nd quarter valued at $36,000. Finally, Godsey & Gibb Inc. bought a new stake in Starwood Property Trust in the 3rd quarter valued at $41,000. 49.82% of the stock is currently owned by 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.