Starwood Property Trust, Inc. (NYSE:STWD) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Starwood Property Trust, Inc. (NYSE:STWD) have earned a consensus rating of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $20.6250.

A number of research analysts have commented on the company. Wells Fargo & Company reduced their price objective on Starwood Property Trust from $23.00 to $22.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 11th. Keefe, Bruyette & Woods decreased their price target on Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating for the company in a report on Wednesday, November 12th. Zacks Research raised shares of Starwood Property Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Starwood Property Trust in a research note on Wednesday, January 21st.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of STWD. Evolution Wealth Management Inc. purchased a new position in Starwood Property Trust in the second quarter valued at about $25,000. MassMutual Private Wealth & Trust FSB raised its position in shares of Starwood Property Trust by 106.1% in the 4th 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. CENTRAL TRUST Co boosted its stake in shares of Starwood Property Trust by 154.4% during the 4th quarter. CENTRAL TRUST Co now owns 1,496 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 908 shares during the last quarter. Cloud Capital Management LLC acquired a new stake in shares of Starwood Property Trust during the third quarter worth approximately $29,000. Finally, Jackson Grant Investment Advisers Inc. bought a new stake in shares of Starwood Property Trust in the third quarter worth $29,000. Institutional investors and hedge funds own 49.82% of the company’s stock.

Starwood Property Trust Trading Up 1.3%

Shares of STWD stock opened at $18.21 on Wednesday. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 2.98. Starwood Property Trust has a fifty-two week low of $16.59 and a fifty-two week high of $21.05. The firm’s 50 day moving average price is $18.30 and its two-hundred day moving average price is $18.90. The stock has a market cap of $6.74 billion, a price-to-earnings ratio of 17.34 and a beta of 1.13.

Starwood Property Trust (NYSE:STWD) last issued its earnings results on Monday, November 10th. The real estate investment trust reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.04). Starwood Property Trust had a net margin of 20.28% and a return on equity of 8.41%. The business had revenue of $247.87 million during the quarter, compared to analysts’ expectations of $479.70 million. During the same period in the prior year, the business posted $0.48 EPS. The business’s revenue was up 1.9% on a year-over-year basis. On average, analysts anticipate that Starwood Property Trust will post 1.88 EPS for the current year.

Starwood Property Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were paid a dividend of $0.48 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $1.92 annualized dividend and a yield of 10.5%. Starwood Property Trust’s payout ratio is 182.86%.

Starwood Property Trust Company Profile

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.