Starwood Property Trust, Inc. (NYSE:STWD) – Equities research analysts at B. Riley reduced their FY2018 earnings per share estimates for Starwood Property Trust in a research report issued on Thursday. B. Riley analyst J. Levi-Ribner now expects that the real estate investment trust will post earnings per share of $2.06 for the year, down from their prior estimate of $2.08. B. Riley currently has a “Buy” rating and a $24.00 price target on the stock.

Other research analysts have also recently issued reports about the stock. BidaskClub raised shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. Zacks Investment Research raised shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Thursday, September 28th. ValuEngine raised shares of Starwood Property Trust from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Finally, Compass Point raised shares of Starwood Property Trust from a “neutral” rating to a “buy” rating in a research report on Wednesday, October 25th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Starwood Property Trust presently has a consensus rating of “Buy” and a consensus target price of $24.00.

Starwood Property Trust (NYSE STWD) opened at $20.94 on Monday. The firm has a market cap of $5,470.00, a P/E ratio of 12.61, a price-to-earnings-growth ratio of 2.03 and a beta of 0.37. The company has a debt-to-equity ratio of 1.68, a quick ratio of 2.47 and a current ratio of 2.47. Starwood Property Trust has a 12-month low of $20.78 and a 12-month high of $23.01.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings results on Wednesday, November 8th. The real estate investment trust reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.11. The firm had revenue of $226.77 million for the quarter, compared to analysts’ expectations of $236.76 million. Starwood Property Trust had a net margin of 52.28% and a return on equity of 11.88%. Starwood Property Trust’s revenue was up 10.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.59 earnings per share.

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Friday, December 29th will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $1.92 dividend on an annualized basis and a yield of 9.17%. Starwood Property Trust’s dividend payout ratio (DPR) is 115.66%.

A number of hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. raised its stake in shares of Starwood Property Trust by 5.5% during the second quarter. Vanguard Group Inc. now owns 22,179,781 shares of the real estate investment trust’s stock valued at $496,604,000 after purchasing an additional 1,156,034 shares during the period. Fuller & Thaler Asset Management Inc. raised its stake in shares of Starwood Property Trust by 1.3% during the third quarter. Fuller & Thaler Asset Management Inc. now owns 2,210,616 shares of the real estate investment trust’s stock valued at $48,015,000 after purchasing an additional 28,685 shares during the period. Dana Investment Advisors Inc. raised its stake in shares of Starwood Property Trust by 2.6% during the third quarter. Dana Investment Advisors Inc. now owns 1,285,462 shares of the real estate investment trust’s stock valued at $27,920,000 after purchasing an additional 32,089 shares during the period. Boston Partners raised its stake in shares of Starwood Property Trust by 10.7% during the third quarter. Boston Partners now owns 1,259,369 shares of the real estate investment trust’s stock valued at $27,353,000 after purchasing an additional 121,545 shares during the period. Finally, TIAA CREF Investment Management LLC raised its stake in shares of Starwood Property Trust by 1.6% during the second quarter. TIAA CREF Investment Management LLC now owns 1,039,524 shares of the real estate investment trust’s stock valued at $23,275,000 after purchasing an additional 16,174 shares during the period. 67.44% of the stock is currently owned by hedge funds and other institutional investors.

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About Starwood Property Trust

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