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

Starwood Property Trust, Inc. (NYSE:STWD) has earned an average rating of “Moderate Buy” from the nine research firms that are currently covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $22.25.

A number of research analysts have issued reports 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 for the company in a report on Thursday, November 7th. Wells Fargo & Company raised their price target on shares of Starwood Property Trust from $22.00 to $24.00 and gave the company an “outperform” rating in a research report on Friday, September 20th. JMP Securities decreased their price objective on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a research report on Thursday, November 7th. UBS Group raised their target price on Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. Finally, Keefe, Bruyette & Woods raised Starwood Property Trust from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $20.50 to $22.50 in a report on Thursday, September 5th.

Starwood Property Trust Stock Performance

STWD opened at $19.28 on Thursday. The firm has a 50 day moving average of $19.88 and a two-hundred day moving average of $19.83. The firm has a market capitalization of $6.50 billion, a PE ratio of 16.48 and a beta of 1.69. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. Starwood Property Trust has a 12-month low of $18.43 and a 12-month high of $22.29.

Starwood Property Trust (NYSE:STWD) last posted its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.05. The company had revenue of $479.50 million during 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 firm’s quarterly revenue was down 8.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.46 earnings per share. On average, analysts anticipate that Starwood Property Trust will post 1.88 EPS for the current year.

Starwood Property Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.48 per share. The ex-dividend date is Tuesday, December 31st. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.96%. Starwood Property Trust’s payout ratio is currently 164.10%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Altshuler Shaham Ltd purchased a new position in shares of Starwood Property Trust during the 2nd quarter worth $28,000. Future Financial Wealth Managment LLC purchased a new position in shares of Starwood Property Trust during the 3rd quarter worth approximately $34,000. Quarry LP purchased a new stake in Starwood Property Trust in the second quarter valued at approximately $36,000. Godsey & Gibb Inc. acquired a new position in Starwood Property Trust during the third quarter worth $41,000. Finally, Fifth Third Bancorp boosted its position in shares of Starwood Property Trust by 26.0% during the second quarter. Fifth Third Bancorp now owns 2,572 shares of the real estate investment trust’s stock worth $49,000 after buying an additional 531 shares during the period. Hedge funds and other 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.