Keefe, Bruyette & Woods Forecasts Strong Price Appreciation for Starwood Property Trust (NYSE:STWD) Stock

Starwood Property Trust (NYSE:STWD - Get Free Report) had its target price upped by investment analysts at Keefe, Bruyette & Woods from $21.00 to $22.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has an "outperform" rating on the real estate investment trust's stock. Keefe, Bruyette & Woods' price objective suggests a potential upside of 5.36% from the stock's previous close.

Several other research analysts have also recently issued reports on STWD. JPMorgan Chase & Co. increased their price objective on Starwood Property Trust from $19.00 to $19.50 and gave the stock an "overweight" rating in a research report on Monday, May 12th. UBS Group restated a "neutral" rating and issued a $19.50 price target (up previously from $19.00) on shares of Starwood Property Trust in a research report on Wednesday, May 21st. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Starwood Property Trust currently has a consensus rating of "Moderate Buy" and a consensus target price of $22.00.

Starwood Property Trust Price Performance

NYSE:STWD traded down $0.09 during trading hours on Thursday, hitting $20.88. The company's stock had a trading volume of 2,034,949 shares, compared to its average volume of 2,451,480. The business's 50-day moving average is $20.04 and its two-hundred day moving average is $19.57. The company has a market capitalization of $7.09 billion, a PE ratio of 21.98 and a beta of 1.24. The company has a debt-to-equity ratio of 2.73, a quick ratio of 1.74 and a current ratio of 1.74. Starwood Property Trust has a 52-week low of $16.59 and a 52-week high of $21.17.

Starwood Property Trust (NYSE:STWD - Get Free Report) last released its quarterly earnings data on Friday, May 9th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.01). The business had revenue of $418.18 million during the quarter, compared to analysts' expectations of $469.00 million. Starwood Property Trust had a return on equity of 8.87% and a net margin of 17.26%. During the same quarter in the previous year, the company posted $0.59 EPS. As a group, research analysts anticipate that Starwood Property Trust will post 1.88 EPS for the current fiscal year.

Institutional Trading of Starwood Property Trust

A number of large investors have recently made changes to their positions in STWD. Alpine Bank Wealth Management acquired a new stake in shares of Starwood Property Trust during the first quarter valued at $25,000. Meeder Asset Management Inc. acquired a new stake in shares of Starwood Property Trust during the first quarter valued at $25,000. PSI Advisors LLC acquired a new stake in shares of Starwood Property Trust during the first quarter valued at $28,000. SVB Wealth LLC acquired a new stake in Starwood Property Trust in the 1st quarter worth about $30,000. Finally, Quarry LP acquired a new stake in Starwood Property Trust in the 4th quarter worth about $31,000. Institutional investors and hedge funds own 49.82% of the company's stock.

About Starwood Property Trust

Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and internationally. The company operates through Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing segments. The Commercial and Residential Lending segment originates, acquires, finances, and manages commercial first mortgages, non-agency residential mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), and residential mortgage-backed securities, as well as other real estate and real estate-related debt investments, include distressed or non-performing loans.