Somewhat Favorable News Coverage Somewhat Unlikely to Impact Starwood Property Trust (STWD) Share Price
Press coverage about Starwood Property Trust (NYSE:STWD) has trended somewhat positive this week, according to Accern. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Starwood Property Trust earned a news impact score of 0.24 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 45.1965256619975 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Several research analysts have recently commented on the stock. B. Riley reissued a “buy” rating and issued a $24.00 price objective on shares of Starwood Property Trust in a research note on Tuesday, November 21st. BidaskClub lowered shares of Starwood Property Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, October 3rd. Zacks Investment Research raised shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research note on Thursday, September 28th. ValuEngine raised shares of Starwood Property Trust from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, Compass Point raised shares of Starwood Property Trust from a “neutral” rating to a “buy” rating in a research note on Wednesday, October 25th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $24.00.
Starwood Property Trust (NYSE STWD) traded down $0.01 during midday trading on Friday, hitting $21.72. 1,860,000 shares of the stock traded hands, compared to its average volume of 1,610,000. The company has a current ratio of 2.47, a quick ratio of 2.47 and a debt-to-equity ratio of 1.68. Starwood Property Trust has a twelve month low of $21.27 and a twelve month high of $23.01. The stock has a market capitalization of $5,670.00, a price-to-earnings ratio of 10.34, a price-to-earnings-growth ratio of 2.05 and a beta of 0.37.
Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings data on Wednesday, November 8th. The real estate investment trust reported $0.65 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.54 by $0.11. Starwood Property Trust had a net margin of 52.28% and a return on equity of 11.88%. The business had revenue of $226.77 million during the quarter, compared to analyst estimates of $236.76 million. During the same quarter last year, the firm posted $0.59 earnings per share. The business’s revenue for the quarter was up 10.8% compared to the same quarter last year. analysts forecast that Starwood Property Trust will post 2.12 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 29th will be paid a $0.48 dividend. 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 8.84%. Starwood Property Trust’s dividend payout ratio is currently 115.66%.
In related news, COO Andrew Jay Sossen sold 11,270 shares of Starwood Property Trust stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $21.94, for a total value of $247,263.80. Following the completion of the transaction, the chief operating officer now owns 108,258 shares in the company, valued at $2,375,180.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Rina Paniry sold 6,867 shares of Starwood Property Trust stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $21.96, for a total transaction of $150,799.32. Following the completion of the transaction, the chief financial officer now owns 100,026 shares of the company’s stock, valued at approximately $2,196,570.96. The disclosure for this sale can be found here. 2.40% of the stock is owned by insiders.
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Starwood Property Trust Company Profile
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