Analysts Set Starwood Property Trust, Inc. (NYSE:STWD) PT at $22.36

Shares of Starwood Property Trust, Inc. (NYSE:STWD) have been given a consensus recommendation of “Moderate Buy” by the eight brokerages that are presently covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is $22.36.

A number of equities research analysts have issued reports on STWD shares. Wells Fargo & Company increased their price target on Starwood Property Trust from $22.00 to $24.00 and gave the stock an “outperform” rating in a research note on Friday, September 20th. BTIG Research reiterated a “buy” rating and issued a $24.00 price target on shares of Starwood Property Trust in a research note on Friday, July 19th. JPMorgan Chase & Co. increased their price target on Starwood Property Trust from $20.00 to $20.50 and gave the stock an “overweight” rating in a research note on Tuesday, July 16th. Finally, Keefe, Bruyette & Woods upgraded Starwood Property Trust from a “market perform” rating to an “outperform” rating and increased their price target for the stock from $20.50 to $22.50 in a research note on Thursday, September 5th.

Starwood Property Trust Trading Down 0.1 %

NYSE:STWD opened at $19.73 on Wednesday. The company has a debt-to-equity ratio of 2.80, a current ratio of 1.84 and a quick ratio of 1.84. The firm has a market capitalization of $6.25 billion, a price-to-earnings ratio of 18.10 and a beta of 1.70. Starwood Property Trust has a one year low of $18.19 and a one year high of $22.29. The business has a fifty day moving average price of $20.19 and a 200-day moving average price of $19.77.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings data on Tuesday, August 6th. The real estate investment trust reported $0.48 EPS for the quarter, topping the consensus estimate of $0.44 by $0.04. Starwood Property Trust had a return on equity of 10.03% and a net margin of 17.05%. The firm had revenue of $489.80 million during the quarter, compared to analyst estimates of $505.23 million. During the same period in the prior year, the business posted $0.47 EPS. Starwood Property Trust’s revenue was down 5.0% on a year-over-year basis. Sell-side analysts forecast that Starwood Property Trust will post 1.88 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in STWD. Artemis Investment Management LLP purchased a new stake in Starwood Property Trust in the 3rd quarter worth about $9,580,000. International Assets Investment Management LLC increased its position in shares of Starwood Property Trust by 2,414.3% during 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 acquiring an additional 457,631 shares during the period. Lighthouse Investment Partners LLC purchased a new position in shares of Starwood Property Trust during the second quarter worth approximately $5,455,000. Van ECK Associates Corp increased its position in shares of Starwood Property Trust by 27.1% during the third quarter. Van ECK Associates Corp now owns 1,313,824 shares of the real estate investment trust’s stock worth $26,106,000 after acquiring an additional 279,793 shares during the period. Finally, Blue Owl Capital Holdings LP purchased a new position in shares of Starwood Property Trust during the second quarter worth approximately $4,289,000. Institutional investors own 49.82% of the company’s stock.

About Starwood Property Trust

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.