Shares of Starwood Property Trust, Inc. (NYSE:STWD – Get Free Report) have earned an average rating of “Moderate Buy” from the eight ratings firms that are currently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given 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 $21.71.
Several brokerages recently issued reports on STWD. JPMorgan Chase & Co. raised their target price on shares of Starwood Property Trust from $20.00 to $20.50 and gave the company an “overweight” rating in a research note on Tuesday, July 16th. BTIG Research restated a “buy” rating and issued a $24.00 price target on shares of Starwood Property Trust in a research note on Friday. Wolfe Research assumed coverage on shares of Starwood Property Trust in a research report on Tuesday, June 25th. They set a “peer perform” rating for the company. Raymond James decreased their price objective on shares of Starwood Property Trust from $23.50 to $23.00 and set a “strong-buy” rating on the stock in a report on Thursday, May 16th. Finally, Keefe, Bruyette & Woods cut their target price on shares of Starwood Property Trust from $20.50 to $20.00 and set a “market perform” rating for the company in a research note on Wednesday, July 10th.
View Our Latest Stock Report on STWD
Institutional Trading of Starwood Property Trust
A number of institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC bought a new position in shares of Starwood Property Trust during the fourth quarter worth approximately $26,000. Allspring Global Investments Holdings LLC acquired a new position in Starwood Property Trust in the 1st quarter valued at $26,000. ICA Group Wealth Management LLC bought a new stake in shares of Starwood Property Trust during the 4th quarter valued at $28,000. Cape Investment Advisory Inc. acquired a new stake in shares of Starwood Property Trust during the 4th quarter worth $32,000. Finally, Core Wealth Advisors Inc. bought a new position in shares of Starwood Property Trust in the fourth quarter worth $32,000. Institutional investors own 49.82% of the company’s stock.
Starwood Property Trust Trading Up 0.3 %
Shares of Starwood Property Trust stock opened at $20.27 on Monday. The business’s 50 day moving average is $19.46 and its 200-day moving average is $19.80. Starwood Property Trust has a 12-month low of $17.07 and a 12-month high of $22.29. The stock has a market cap of $6.40 billion, a P/E ratio of 14.58 and a beta of 1.69. The company has a quick ratio of 2.49, a current ratio of 2.49 and a debt-to-equity ratio of 2.80.
Starwood Property Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Friday, June 28th were given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 9.47%. The ex-dividend date was Thursday, June 27th. Starwood Property Trust’s dividend payout ratio is 138.13%.
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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