Starwood Property Trust, Inc. (NYSE:STWD) Receives Average Recommendation of “Hold” from Brokerages

Shares of Starwood Property Trust, Inc. (NYSE:STWD) have received an average rating of “Hold” from the six ratings firms that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $20.6250.

Several equities analysts have recently commented on the company. Keefe, Bruyette & Woods lowered their price objective on Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 12th. Weiss Ratings restated a “hold (c)” rating on shares of Starwood Property Trust in a research note on Wednesday, October 8th. Zacks Research cut shares of Starwood Property Trust from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 29th. Finally, Wells Fargo & Company lowered their target price on shares of Starwood Property Trust from $23.00 to $22.00 and set an “outperform” rating on the stock in a report on Tuesday, November 11th.

Institutional Investors Weigh In On Starwood Property Trust

Large investors have recently made changes to their positions in the company. Evolution Wealth Management Inc. bought a new stake in Starwood Property Trust in the 2nd quarter worth approximately $25,000. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Starwood Property Trust by 106.1% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,449 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 746 shares in the last quarter. Cloud Capital Management LLC bought a new stake in Starwood Property Trust in the third quarter worth $29,000. Jackson Grant Investment Advisers Inc. bought a new stake in Starwood Property Trust in the third quarter worth $29,000. Finally, FNY Investment Advisers LLC purchased a new stake in Starwood Property Trust during the third quarter valued at $30,000. 49.82% of the stock is owned by institutional investors.

Starwood Property Trust Stock Performance

STWD opened at $18.24 on Friday. The firm has a market cap of $6.75 billion, a P/E ratio of 17.37 and a beta of 1.13. Starwood Property Trust has a 1-year low of $16.59 and a 1-year high of $21.05. The company has a 50 day simple moving average of $18.24 and a two-hundred day simple moving average of $19.26. The company has a debt-to-equity ratio of 2.98, a current ratio of 1.33 and a quick ratio of 1.33.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings data on Monday, November 10th. The real estate investment trust reported $0.40 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.04). The firm had revenue of $247.87 million for the quarter, compared to the consensus estimate of $479.70 million. Starwood Property Trust had a net margin of 20.28% and a return on equity of 8.41%. The firm’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.48 earnings per share. Equities analysts forecast that Starwood Property Trust will post 1.88 earnings per share for the current fiscal year.

Starwood Property Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be paid a $0.48 dividend. The ex-dividend date is Wednesday, December 31st. This represents a $1.92 annualized dividend and a yield of 10.5%. Starwood Property Trust’s payout ratio is presently 182.86%.

About Starwood Property Trust

Starwood Property Trust (NYSE: STWD) is a publicly traded real estate investment trust that specializes in originating, acquiring and managing commercial mortgage loans and other real estate-related investments. The company’s portfolio spans a variety of asset classes, including senior mortgages, mezzanine debt, preferred equity and direct equity investments in commercial properties. By focusing on both debt and equity capital solutions, Starwood Property Trust seeks to generate attractive risk-adjusted returns for its shareholders through a combination of current income and capital appreciation.

Operating primarily in the United States, Starwood Property Trust deploys capital across a broad range of property types, such as multifamily residential, office, retail, hotel and industrial.