Brokerages Set Starwood Property Trust, Inc. (NYSE:STWD) PT at $21.70

Shares of Starwood Property Trust, Inc. (NYSE:STWD - Get Free Report) have been assigned an average rating of "Moderate Buy" from the five brokerages that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $21.70.

A number of analysts recently weighed in on the stock. UBS Group increased their price target on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a "neutral" rating in a research report on Tuesday, July 15th. Keefe, Bruyette & Woods increased their price target on shares of Starwood Property Trust from $21.00 to $22.00 and gave the company an "outperform" rating in a research report on Thursday, July 10th. JPMorgan Chase & Co. increased their price target on shares of Starwood Property Trust from $19.00 to $19.50 and gave the company an "overweight" rating in a research report on Monday, May 12th. Finally, Wall Street Zen upgraded shares of Starwood Property Trust from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th.

Starwood Property Trust Trading Up 0.6%

Starwood Property Trust stock traded up $0.11 during trading hours on Wednesday, reaching $20.58. 2,525,558 shares of the company's stock traded hands, compared to its average volume of 2,871,798. The company has a debt-to-equity ratio of 2.90, a quick ratio of 1.61 and a current ratio of 1.61. Starwood Property Trust has a fifty-two week low of $16.59 and a fifty-two week high of $21.17. The firm has a market capitalization of $7.56 billion, a price-to-earnings ratio of 18.88 and a beta of 1.28. The firm's 50 day moving average is $20.12 and its 200-day moving average is $19.76.

Starwood Property Trust (NYSE:STWD - Get Free Report) last released its earnings results on Thursday, August 7th. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.02. Starwood Property Trust had a net margin of 20.58% and a return on equity of 8.72%. The company had revenue of $444.28 million for the quarter, compared to the consensus estimate of $477.00 million. During the same period in the prior year, the company posted $0.48 EPS. The company's revenue was down 9.3% compared to the same quarter last year. On average, analysts predict that Starwood Property Trust will post 1.88 earnings per share for the current year.

Starwood Property Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 9.3%. The ex-dividend date of this dividend is Tuesday, September 30th. Starwood Property Trust's dividend payout ratio is presently 176.15%.

Institutional Trading of Starwood Property Trust

Large investors have recently bought and sold shares of the business. Meeder Asset Management Inc. bought a new stake in Starwood Property Trust during the 1st quarter worth approximately $25,000. Evolution Wealth Management Inc. bought a new stake in Starwood Property Trust during the 2nd quarter worth approximately $25,000. Alpine Bank Wealth Management bought a new stake in Starwood Property Trust during the 1st quarter worth approximately $25,000. PSI Advisors LLC bought a new stake in Starwood Property Trust during the 1st quarter worth approximately $28,000. Finally, SVB Wealth LLC bought a new stake in Starwood Property Trust during the 1st quarter worth approximately $30,000. 49.82% of the stock is owned by institutional investors.

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.