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

Starwood Property Trust, Inc. (NYSE:STWD - Get Free Report) has been given an average recommendation of "Moderate Buy" by the nine ratings firms that are currently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $22.25.

Several equities analysts have recently issued reports on the stock. UBS Group boosted their price target on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a "neutral" rating in a report on Friday, November 15th. JPMorgan Chase & Co. reduced their target price on shares of Starwood Property Trust from $20.50 to $20.00 and set an "overweight" rating for the company in a research note on Thursday, November 7th. Wells Fargo & Company raised their price target on shares of Starwood Property Trust from $22.00 to $24.00 and gave the company an "outperform" rating in a research note on Friday, September 20th. Finally, JMP Securities cut their price target on Starwood Property Trust from $24.00 to $23.00 and set a "market outperform" rating on the stock in a report on Thursday, November 7th.

Starwood Property Trust Price Performance

STWD opened at $18.42 on Monday. 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's 50-day moving average price is $19.62 and its 200 day moving average price is $19.82. Starwood Property Trust has a fifty-two week low of $18.36 and a fifty-two week high of $21.22. The firm has a market cap of $6.21 billion, a price-to-earnings ratio of 15.74 and a beta of 1.69.

Starwood Property Trust (NYSE:STWD - Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.05. The business had revenue of $479.50 million for the quarter, compared to the consensus estimate of $488.63 million. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The business's revenue was down 8.1% on a year-over-year basis. During the same quarter last year, the business posted $0.46 EPS. As a group, sell-side analysts expect that Starwood Property Trust will post 1.88 earnings per share for the current year.

Starwood Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 10.42%. The ex-dividend date is Tuesday, December 31st. Starwood Property Trust's dividend payout ratio (DPR) is presently 164.10%.

Institutional Investors Weigh In On Starwood Property Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Artemis Investment Management LLP acquired a new position in shares of Starwood Property Trust in the 3rd quarter worth approximately $9,580,000. International Assets Investment Management LLC grew its position in Starwood Property Trust by 2,414.3% in the third quarter. International Assets Investment Management LLC now owns 476,586 shares of the real estate investment trust's stock worth $9,713,000 after buying an additional 457,631 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Starwood Property Trust by 8.1% in the third quarter. Geode Capital Management LLC now owns 5,345,000 shares of the real estate investment trust's stock valued at $108,960,000 after buying an additional 399,672 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Starwood Property Trust by 78.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 891,734 shares of the real estate investment trust's stock valued at $18,174,000 after buying an additional 390,787 shares in the last quarter. Finally, Lighthouse Investment Partners LLC acquired a new stake in shares of Starwood Property Trust during the 2nd quarter valued at $5,455,000. Institutional investors own 49.82% of the company's stock.

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.