Starwood Property Trust (NYSE:STWD) Issues Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Starwood Property Trust (NYSE:STWD - Get Free Report) announced its quarterly earnings data on Friday. The real estate investment trust reported $0.45 earnings per share for the quarter, missing analysts' consensus estimates of $0.46 by ($0.01), RTT News reports. The business had revenue of $418.18 million during the quarter, compared to analysts' expectations of $469.00 million. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. During the same period in the prior year, the firm posted $0.59 EPS.

Starwood Property Trust Trading Up 0.7 %

STWD stock traded up $0.13 on Friday, hitting $19.17. 2,368,766 shares of the company were exchanged, compared to its average volume of 2,449,961. The business's fifty day moving average is $19.19 and its two-hundred day moving average is $19.47. The stock has a market capitalization of $6.47 billion, a price-to-earnings ratio of 16.38 and a beta of 1.26. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79. Starwood Property Trust has a twelve month low of $16.59 and a twelve month high of $21.17.

Starwood Property Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a dividend of $0.48 per share. The ex-dividend date was Monday, March 31st. This represents a $1.92 dividend on an annualized basis and a yield of 10.02%. Starwood Property Trust's dividend payout ratio (DPR) is currently 174.55%.

Wall Street Analysts Forecast Growth

STWD has been the topic of a number of analyst reports. UBS Group decreased their price target on Starwood Property Trust from $19.50 to $19.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 16th. Keefe, Bruyette & Woods lowered their price target on shares of Starwood Property Trust from $22.00 to $21.00 and set an "outperform" rating on the stock in a research note on Monday, April 7th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Starwood Property Trust from $20.00 to $19.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. Two equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Starwood Property Trust presently has a consensus rating of "Moderate Buy" and an average target price of $21.86.

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.

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