Starwood Property Trust (NYSE:STWD) Hits New 1-Year Low - What's Next?

Shares of Starwood Property Trust, Inc. (NYSE:STWD - Get Free Report) hit a new 52-week low during trading on Friday . The company traded as low as $18.41 and last traded at $18.52, with a volume of 436327 shares trading hands. The stock had previously closed at $18.81.

Wall Street Analyst Weigh In

Several research firms recently commented on STWD. JPMorgan Chase & Co. cut their price objective on shares of Starwood Property Trust from $20.50 to $20.00 and set an "overweight" rating for the company in a report on Thursday, November 7th. JMP Securities decreased their price objective on Starwood Property Trust from $24.00 to $23.00 and set a "market outperform" rating on the stock in a research note on Thursday, November 7th. UBS Group raised their target price on Starwood Property Trust from $19.50 to $20.00 and gave the stock a "neutral" rating in a research note on Friday, November 15th. Finally, Wells Fargo & Company upped their price target on Starwood Property Trust from $22.00 to $24.00 and gave the company an "outperform" rating in a research report on Friday, September 20th. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $22.25.

Starwood Property Trust Price Performance

The firm has a market capitalization of $6.21 billion, a PE ratio of 15.74 and a beta of 1.69. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79. The business's 50 day moving average is $19.65 and its two-hundred day moving average is $19.82.

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

Starwood Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis 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 institutional investors have recently bought and sold shares of the stock. Sunbelt Securities Inc. raised its holdings in Starwood Property Trust by 0.9% during the 2nd quarter. Sunbelt Securities Inc. now owns 57,077 shares of the real estate investment trust's stock valued at $1,081,000 after buying an additional 517 shares during the last quarter. Summit Trail Advisors LLC raised its stake in shares of Starwood Property Trust by 3.1% during the third quarter. Summit Trail Advisors LLC now owns 25,015 shares of the real estate investment trust's stock valued at $522,000 after acquiring an additional 760 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Starwood Property Trust by 33.7% during the third quarter. GAMMA Investing LLC now owns 3,025 shares of the real estate investment trust's stock worth $62,000 after purchasing an additional 762 shares during the period. MML Investors Services LLC grew its stake in shares of Starwood Property Trust by 4.0% in the third quarter. MML Investors Services LLC now owns 19,976 shares of the real estate investment trust's stock worth $407,000 after purchasing an additional 767 shares during the last quarter. Finally, Kingsview Wealth Management LLC increased its holdings in Starwood Property Trust by 6.0% during the 3rd quarter. Kingsview Wealth Management LLC now owns 14,474 shares of the real estate investment trust's stock valued at $295,000 after purchasing an additional 821 shares during the period. 49.82% of the stock is currently owned by hedge funds and other 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.