Starwood Property Trust (NYSE:STWD) Issues Earnings Results

Starwood Property Trust (NYSE:STWD) issued its quarterly earnings data on Thursday. The real estate investment trust reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.01), Zacks reports. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%.

Starwood Property Trust Trading Up 1.3 %

NYSE:STWD traded up $0.27 on Thursday, hitting $20.25. 1,683,444 shares of the stock were exchanged, compared to its average volume of 2,011,400. 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 has a 52 week low of $18.12 and a 52 week high of $21.17. The stock has a market capitalization of $6.83 billion, a price-to-earnings ratio of 17.31 and a beta of 1.69. The company’s 50-day moving average price is $19.37 and its 200 day moving average price is $19.80.

Analyst Upgrades and Downgrades

STWD has been the topic of a number of research analyst reports. JPMorgan Chase & Co. decreased 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. 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 note on Friday, November 15th. JMP Securities cut their price target on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a report on Thursday, November 7th. Finally, Keefe, Bruyette & Woods decreased their price objective on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a report on Tuesday, January 14th. 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 company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price 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.