Starwood Property Trust, Inc. (NYSE:STWD) Receives Average Rating of "Moderate Buy" from Brokerages

Starwood Property Trust, Inc. (NYSE:STWD - Get Free Report) has been given an average rating of "Moderate Buy" by the seven analysts that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $21.75.

Several research firms recently weighed in on STWD. Keefe, Bruyette & Woods reduced their target price on shares of Starwood Property Trust from $22.00 to $21.00 and set an "outperform" rating for the company in a research note on Monday, April 7th. UBS Group reduced their price objective on Starwood Property Trust from $19.50 to $19.00 and set a "neutral" rating for the company in a research report on Wednesday, April 16th. Finally, JPMorgan Chase & Co. boosted their price objective on Starwood Property Trust from $19.00 to $19.50 and gave the company an "overweight" rating in a research report on Monday, May 12th.

Starwood Property Trust Stock Performance

Shares of NYSE STWD opened at $20.29 on Friday. Starwood Property Trust has a 12 month low of $16.59 and a 12 month high of $21.17. The company has a market cap of $6.89 billion, a P/E ratio of 17.34 and a beta of 1.26. The business's 50 day moving average is $19.17 and its two-hundred day moving average is $19.47. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61.

Starwood Property Trust (NYSE:STWD - Get Free Report) last announced its earnings results on Friday, May 9th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.46 by ($0.01). Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The company had revenue of $418.18 million for the quarter, compared to the consensus estimate of $469.00 million. During the same period last year, the firm posted $0.59 EPS. On average, equities analysts expect that Starwood Property Trust will post 1.88 EPS for the current year.

Starwood Property Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 9.47%. The ex-dividend date was Monday, March 31st. Starwood Property Trust's dividend payout ratio is 202.11%.

Institutional Investors Weigh In On Starwood Property Trust

Several large investors have recently modified their holdings of STWD. Vanguard Group Inc. boosted its stake in Starwood Property Trust by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 30,943,260 shares of the real estate investment trust's stock valued at $586,375,000 after buying an additional 377,939 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of Starwood Property Trust by 3.6% during the first quarter. Northern Trust Corp now owns 5,479,313 shares of the real estate investment trust's stock valued at $108,326,000 after acquiring an additional 192,283 shares during the period. Norges Bank acquired a new stake in shares of Starwood Property Trust in the 4th quarter valued at $63,044,000. Raymond James Financial Inc. boosted its stake in shares of Starwood Property Trust by 5.5% in the 1st quarter. Raymond James Financial Inc. now owns 2,719,027 shares of the real estate investment trust's stock valued at $53,755,000 after purchasing an additional 141,689 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of Starwood Property Trust by 0.4% in the 4th quarter. Bank of New York Mellon Corp now owns 2,669,827 shares of the real estate investment trust's stock worth $50,593,000 after purchasing an additional 10,979 shares during the last quarter. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.