Brokerages Set Starwood Property Trust, Inc. (NYSE:STWD) Target Price at $21.83

Starwood Property Trust, Inc. (NYSE:STWD - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the seven brokerages that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $21.83.

A number of research analysts have recently issued reports on the stock. UBS Group reaffirmed a "neutral" rating and issued a $19.50 price objective (up previously from $19.00) on shares of Starwood Property Trust in a research report on Wednesday, May 21st. Keefe, Bruyette & Woods cut their price objective on shares of Starwood Property Trust from $22.00 to $21.00 and set an "outperform" rating on the stock in a research report on Monday, April 7th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Starwood Property Trust from $19.00 to $19.50 and gave the stock an "overweight" rating in a research report on Monday, May 12th.

Starwood Property Trust Trading Down 1.6%

STWD traded down $0.34 on Thursday, reaching $20.03. 1,892,038 shares of the company traded hands, compared to its average volume of 2,434,062. Starwood Property Trust has a one year low of $16.59 and a one year high of $21.17. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. The company has a market cap of $6.80 billion, a P/E ratio of 17.12 and a beta of 1.25. The firm has a fifty day simple moving average of $19.30 and a two-hundred day simple moving average of $19.49.

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

Starwood Property Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be issued a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 9.59%. The ex-dividend date is Monday, June 30th. Starwood Property Trust's dividend payout ratio (DPR) is currently 202.11%.

Institutional Trading of Starwood Property Trust

A number of hedge funds have recently added to or reduced their stakes in the company. Strs Ohio purchased a new stake in Starwood Property Trust during the first quarter worth $2,376,000. Advisors Capital Management LLC boosted its holdings in Starwood Property Trust by 4.4% during the first quarter. Advisors Capital Management LLC now owns 1,356,714 shares of the real estate investment trust's stock worth $26,822,000 after buying an additional 57,638 shares in the last quarter. Twin Lakes Capital Management LLC boosted its holdings in Starwood Property Trust by 2.1% during the first quarter. Twin Lakes Capital Management LLC now owns 182,810 shares of the real estate investment trust's stock worth $3,614,000 after buying an additional 3,722 shares in the last quarter. Bayforest Capital Ltd boosted its holdings in Starwood Property Trust by 616.1% during the first quarter. Bayforest Capital Ltd now owns 30,869 shares of the real estate investment trust's stock worth $610,000 after buying an additional 26,558 shares in the last quarter. Finally, Palogic Value Management L.P. boosted its holdings in Starwood Property Trust by 8.7% during the first quarter. Palogic Value Management L.P. now owns 46,347 shares of the real estate investment trust's stock worth $916,000 after buying an additional 3,710 shares in the last quarter. 49.82% of the stock is owned by hedge funds and other 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.