Analysts Set Starwood Property Trust, Inc. (NYSE:STWD) PT at $22.25

Shares of Starwood Property Trust, Inc. (NYSE:STWD) have earned an average rating of “Moderate Buy” from the nine brokerages that are currently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $22.19.

A number of equities research analysts have commented on STWD shares. JPMorgan Chase & Co. decreased their price target on Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating on the stock in a report on Thursday, November 7th. JMP Securities decreased 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. UBS Group raised their price target on Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Wells Fargo & Company raised their price target on Starwood Property Trust from $22.00 to $24.00 and gave the company an “outperform” rating in a report on Friday, September 20th. Finally, Keefe, Bruyette & Woods decreased their price target on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a report on Tuesday.

Starwood Property Trust Price Performance

Shares of Starwood Property Trust stock opened at $19.39 on Monday. Starwood Property Trust has a one year low of $18.12 and a one year high of $21.19. The stock’s fifty day moving average is $19.57 and its 200 day moving average is $19.81. The stock has a market cap of $6.54 billion, a P/E ratio of 16.57 and a beta of 1.69. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79.

Starwood Property Trust (NYSE:STWD) last announced its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.05. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The company had revenue of $479.50 million for the quarter, compared to analysts’ expectations of $488.63 million. During the same period last year, the firm earned $0.46 EPS. Starwood Property Trust’s revenue for the quarter was down 8.1% compared to the same quarter last year. Sell-side analysts anticipate that Starwood Property Trust will post 1.88 earnings per share for the current year.

Starwood Property Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a $0.48 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.92 annualized dividend and a dividend yield of 9.90%. Starwood Property Trust’s dividend payout ratio (DPR) is 164.10%.

Institutional Investors Weigh In On Starwood Property Trust

Several large investors have recently made changes to their positions in STWD. Altshuler Shaham Ltd purchased a new position in Starwood Property Trust in the second quarter worth about $28,000. Albion Financial Group UT purchased a new position in Starwood Property Trust in the fourth quarter worth about $28,000. Brooklyn Investment Group grew its position in Starwood Property Trust by 86.1% in the fourth quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 730 shares in the last quarter. UMB Bank n.a. grew its position in Starwood Property Trust by 69.7% in the fourth quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 717 shares in the last quarter. Finally, Future Financial Wealth Managment LLC purchased a new position in Starwood Property Trust in the third quarter worth about $34,000. 49.82% of the stock is 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 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.