According to Zacks, “Starwood Property Trust, Inc. is a newly formed company that is focused primarily on originating, investing in, financing and managing commercial mortgage loans and other commercial real estate-related debt investments. Starwood Property Trust, Inc. will be externally managed and advised by SPT Management, LLC, an affiliate of Starwood Capital Group and intends to elect to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes. “
STWD stock opened at $23.04 on Thursday. The firm has a 50 day simple moving average of $22.83. The firm has a market capitalization of $6.46 billion, a price-to-earnings ratio of 10.92 and a beta of 0.58. Starwood Property Trust has a 12 month low of $19.16 and a 12 month high of $23.37. The company has a quick ratio of 3.14, a current ratio of 3.14 and a debt-to-equity ratio of 2.27.
Starwood Property Trust (NYSE:STWD) last released its quarterly earnings results on Wednesday, May 8th. The real estate investment trust reported $0.27 EPS for the quarter, missing the consensus estimate of $0.51 by ($0.24). The business had revenue of $310.50 million during the quarter, compared to analyst estimates of $302.52 million. Starwood Property Trust had a net margin of 30.74% and a return on equity of 10.53%. The firm’s revenue for the quarter was up 19.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.58 earnings per share. Sell-side analysts expect that Starwood Property Trust will post 1.76 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Friday, June 28th were paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 8.33%. The ex-dividend date was Thursday, June 27th. Starwood Property Trust’s payout ratio is 91.00%.
Large investors have recently bought and sold shares of the business. Advisory Services Network LLC raised its stake in Starwood Property Trust by 38.6% during the first quarter. Advisory Services Network LLC now owns 2,979 shares of the real estate investment trust’s stock worth $67,000 after purchasing an additional 829 shares during the period. Norges Bank purchased a new position in Starwood Property Trust during the fourth quarter worth approximately $45,527,000. Synovus Financial Corp raised its stake in Starwood Property Trust by 25.8% during the first quarter. Synovus Financial Corp now owns 4,011 shares of the real estate investment trust’s stock worth $90,000 after purchasing an additional 822 shares during the period. Scott & Selber Inc. raised its stake in Starwood Property Trust by 4.1% during the first quarter. Scott & Selber Inc. now owns 182,311 shares of the real estate investment trust’s stock worth $4,075,000 after purchasing an additional 7,233 shares during the period. Finally, HRT Financial LLC purchased a new position in Starwood Property Trust during the fourth quarter worth approximately $389,000. 64.59% 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 Europe. It operates through three segments: Real Estate Lending, Real Estate Property, and Real Estate Investing and Servicing. The Real Estate Lending segment originates, acquires, finances, and manages commercial first mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), residential mortgage-backed securities, residential mortgage loans, and other real estate and real estate-related debt investments.
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