Starwood Property Trust (STWD) to Release Earnings on Thursday

Starwood Property Trust (NYSE:STWD) is projected to release its earnings data before the market opens on Thursday, February 27th. Analysts expect Starwood Property Trust to post earnings of $0.46 per share and revenue of $466.37 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Starwood Property Trust Stock Up 0.6 %

Shares of Starwood Property Trust stock opened at $20.02 on Wednesday. The firm has a market cap of $6.75 billion, a price-to-earnings ratio of 17.11 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. Starwood Property Trust has a 52-week low of $18.12 and a 52-week high of $21.17. The stock has a 50-day simple moving average of $19.35 and a 200-day simple moving average of $19.80.

Analyst Ratings Changes

STWD has been the topic of a number of recent analyst reports. UBS Group raised their price objective on Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a research note on Friday, November 15th. JMP Securities dropped their price target on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a research report on Thursday, November 7th. Keefe, Bruyette & Woods dropped their price target on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 14th. Finally, JPMorgan Chase & Co. dropped their price target on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a research report on Tuesday, January 21st. Three analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $22.13.

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.