Analysts Set Starwood Property Trust, Inc. (NYSE:STWD) Price Target at $20.63

Starwood Property Trust, Inc. (NYSE:STWD) has received a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $20.6250.

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

Starwood Property Trust Price Performance

Starwood Property Trust stock opened at $18.15 on Wednesday. The business’s 50 day simple moving average is $18.31 and its 200 day simple moving average is $18.94. Starwood Property Trust has a 12 month low of $16.59 and a 12 month high of $21.05. The company has a market cap of $6.72 billion, a price-to-earnings ratio of 17.29 and a beta of 1.13. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 2.98.

Starwood Property Trust (NYSE:STWD) last issued its earnings results on Monday, November 10th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.04). The firm had revenue of $247.87 million during 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 business’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.48 earnings per share. Sell-side analysts forecast that Starwood Property Trust will post 1.88 EPS for the current year.

Starwood Property Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were issued 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 dividend yield of 10.6%. Starwood Property Trust’s payout ratio is presently 182.86%.

Hedge Funds Weigh In On Starwood Property Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Cetera Trust Company N.A boosted its stake in Starwood Property Trust by 5.2% during the 2nd quarter. Cetera Trust Company N.A now owns 10,730 shares of the real estate investment trust’s stock valued at $215,000 after purchasing an additional 530 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Starwood Property Trust by 14.8% during the third quarter. GAMMA Investing LLC now owns 4,235 shares of the real estate investment trust’s stock valued at $82,000 after purchasing an additional 547 shares in the last quarter. Park Avenue Securities LLC boosted its position in shares of Starwood Property Trust by 3.5% during the third quarter. Park Avenue Securities LLC now owns 16,776 shares of the real estate investment trust’s stock valued at $325,000 after buying an additional 562 shares during the last quarter. IFP Advisors Inc increased its holdings in Starwood Property Trust by 14.3% in the 2nd quarter. IFP Advisors Inc now owns 4,664 shares of the real estate investment trust’s stock worth $94,000 after buying an additional 583 shares in the last quarter. Finally, CIBC Private Wealth Group LLC raised its position in Starwood Property Trust by 11.5% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 5,943 shares of the real estate investment trust’s stock worth $115,000 after buying an additional 613 shares during the last quarter. Hedge funds and other institutional investors own 49.82% of the company’s stock.

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.