Starwood Property Trust, Inc. (NYSE:STWD) Given Average Recommendation of "Moderate Buy" by Brokerages

Key Points

• Analysts maintain a “Moderate Buy” consensus on Starwood Property Trust, with four buys and three holds among seven covering firms. The average 12-month price target is $19.20, above the reported $16.39 share price.
• Starwood Property Trust reported quarterly EPS of $0.40, matching estimates, while revenue rose 15.6% year over year to $201.42 million. Analysts expect full-year EPS of approximately $1.40.
• The company pays a quarterly dividend of $0.48 per share, equivalent to a $1.92 annualized payout and an 11.7% yield; institutional investors own 49.82% of outstanding shares.

Shares of Starwood Property Trust, Inc. (NYSE:STWD - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the seven analysts that are presently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $19.20.

Several equities analysts recently issued reports on the company. Weiss Ratings reiterated a "hold (c-)" rating on shares of Starwood Property Trust in a research report on Friday, August 7th. Wells Fargo & Company set a $20.00 price target on shares of Starwood Property Trust in a research note on Monday, August 17th. Wall Street Zen cut shares of Starwood Property Trust from a "hold" rating to a "sell" rating in a report on Saturday, August 8th. UBS Group assumed coverage on shares of Starwood Property Trust in a research report on Tuesday, June 2nd. They set a "buy" rating and a $20.00 price objective for the company. Finally, Zacks Research upgraded shares of Starwood Property Trust from a "strong sell" rating to a "hold" rating in a report on Thursday, June 25th.

Institutional Trading of Starwood Property Trust

A number of institutional investors have recently modified their holdings of the company. Cetera Investment Advisers grew its stake in shares of Starwood Property Trust by 26.7% during the 1st quarter. Cetera Investment Advisers now owns 764,957 shares of the real estate investment trust's stock worth $13,173,000 after acquiring an additional 161,049 shares in the last quarter. Kestra Advisory Services LLC lifted its position in shares of Starwood Property Trust by 63.3% in the first quarter. Kestra Advisory Services LLC now owns 331,004 shares of the real estate investment trust's stock worth $5,700,000 after purchasing an additional 128,300 shares in the last quarter. Blue Owl Capital Holdings LP bought a new stake in shares of Starwood Property Trust in the second quarter worth $3,216,000. Geode Capital Management LLC boosted its holdings in Starwood Property Trust by 2.4% during the fourth quarter. Geode Capital Management LLC now owns 6,406,419 shares of the real estate investment trust's stock worth $115,453,000 after purchasing an additional 148,740 shares during the last quarter. Finally, Norges Bank acquired a new position in Starwood Property Trust during the fourth quarter worth $75,177,000. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Price Performance

Shares of STWD stock opened at $16.39 on Friday. Starwood Property Trust has a 12-month low of $15.51 and a 12-month high of $20.84. The firm has a market capitalization of $6.07 billion, a price-to-earnings ratio of 27.78, a price-to-earnings-growth ratio of 2.16 and a beta of 0.98. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 3.47. The firm has a fifty day moving average of $16.53 and a 200-day moving average of $17.26.

Starwood Property Trust (NYSE:STWD - Get Free Report) last posted its earnings results on Thursday, August 6th. The real estate investment trust reported $0.40 earnings per share for the quarter, hitting the consensus estimate of $0.40. Starwood Property Trust had a return on equity of 7.85% and a net margin of 11.35%.The firm had revenue of $201.42 million for the quarter, compared to analyst estimates of $521.67 million. During the same period in the previous year, the company posted $0.43 earnings per share. The company's revenue for the quarter was up 15.6% on a year-over-year basis. On average, equities research analysts forecast that Starwood Property Trust will post 1.4 earnings per share for the current year.

Starwood Property Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 11.7%. The ex-dividend date was Tuesday, June 30th. Starwood Property Trust's dividend payout ratio is 325.42%.

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.

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