Starwood Property Trust, Inc. (STWD) to Post FY2018 Earnings of $2.08 Per Share, B. Riley Forecasts

Starwood Property Trust, Inc. (NYSE:STWD) – Research analysts at B. Riley boosted their FY2018 earnings 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 $2.08 for the year, up from their previous estimate of $2.06. B. Riley currently has a “Buy” rating and a $24.00 target price on the stock.

A number of other analysts have also issued reports on STWD. ValuEngine raised shares of Starwood Property Trust from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. BidaskClub lowered shares of Starwood Property Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, October 3rd. Zacks Investment Research lowered shares of Starwood Property Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. 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 equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Starwood Property Trust currently has an average rating of “Buy” and a consensus target price of $24.00.

Shares of Starwood Property Trust (NYSE:STWD) opened at $21.05 on Monday. The company has a quick ratio of 2.47, a current ratio of 2.47 and a debt-to-equity ratio of 1.68. The stock has a market cap of $5,490.00, a P/E ratio of 12.68, a PEG ratio of 2.04 and a beta of 0.37. Starwood Property Trust has a 52-week low of $20.78 and a 52-week high of $23.01.

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

The business also recently declared a quarterly dividend, which was paid on Monday, January 15th. Stockholders of record on Friday, December 29th were given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.12%. The ex-dividend date was Thursday, December 28th. Starwood Property Trust’s dividend payout ratio (DPR) is 115.66%.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Intellectus Partners LLC raised its position in Starwood Property Trust by 0.3% during the second quarter. Intellectus Partners LLC now owns 21,393 shares of the real estate investment trust’s stock valued at $489,000 after acquiring an additional 65 shares in the last quarter. Scotia Capital Inc. raised its position in Starwood Property Trust by 3.4% during the second quarter. Scotia Capital Inc. now owns 34,896 shares of the real estate investment trust’s stock valued at $781,000 after acquiring an additional 1,140 shares in the last quarter. MML Investors Services LLC raised its position in Starwood Property Trust by 11.3% during the second quarter. MML Investors Services LLC now owns 13,836 shares of the real estate investment trust’s stock valued at $310,000 after acquiring an additional 1,405 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in Starwood Property Trust by 17.4% during the second quarter. The Manufacturers Life Insurance Company now owns 10,738 shares of the real estate investment trust’s stock valued at $241,000 after acquiring an additional 1,593 shares in the last quarter. Finally, Prudential PLC raised its position in Starwood Property Trust by 9.9% during the second quarter. Prudential PLC now owns 22,300 shares of the real estate investment trust’s stock valued at $499,000 after acquiring an additional 2,000 shares in the last quarter. 67.60% of the stock is currently owned by hedge funds and other institutional investors.

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About Starwood Property Trust

Starwood Property Trust, Inc is a real estate investment trust. The Company operates through three business segments: Real estate lending (the Lending Segment), which engages primarily in originating, acquiring, financing and managing commercial first mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), residential mortgage-backed securities, and other real estate and real estate-related debt investments; Real estate investing and servicing (the Investing and Servicing Segment), which includes a servicing business in the United States that manages and works out problem assets; an investment business that selectively acquires and manages unrated, investment grade and non-investment grade rated CMBS, and a mortgage loan business, and Real estate property (the Property Segment), which engages primarily in acquiring and managing equity interests in stabilized commercial real estate properties.

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