Starwood Property Trust (STWD) Set to Announce Quarterly Earnings on Wednesday

Starwood Property Trust (NYSE:STWDGet Rating) is set to post its quarterly earnings results before the market opens on Wednesday, May 4th. Analysts expect Starwood Property Trust to post earnings of $0.50 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Starwood Property Trust (NYSE:STWDGet Rating) last released its quarterly earnings data on Thursday, February 24th. The real estate investment trust reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.58. Starwood Property Trust had a return on equity of 14.41% and a net margin of 38.26%. The firm had revenue of $289.70 million for the quarter, compared to analysts’ expectations of $342.76 million. During the same period in the prior year, the firm posted $0.46 earnings per share. The firm’s quarterly revenue was down .3% on a year-over-year basis. On average, analysts expect Starwood Property Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

STWD opened at $23.20 on Wednesday. Starwood Property Trust has a one year low of $22.37 and a one year high of $27.00. The stock has a market capitalization of $7.11 billion, a PE ratio of 15.16 and a beta of 1.53. The business’s 50 day moving average price is $23.76 and its 200 day moving average price is $24.60. The company has a debt-to-equity ratio of 2.65, a quick ratio of 2.31 and a current ratio of 2.31.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 15th. Investors of record on Thursday, March 31st were issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 8.28%. The ex-dividend date was Wednesday, March 30th. Starwood Property Trust’s dividend payout ratio is presently 125.49%.

In related news, COO Andrew Jay Sossen sold 33,750 shares of the stock in a transaction on Thursday, March 31st. The stock was sold at an average price of $24.25, for a total value of $818,437.50. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 5.00% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in STWD. Integrated Wealth Concepts LLC increased its holdings in Starwood Property Trust by 4.9% in the fourth quarter. Integrated Wealth Concepts LLC now owns 14,018 shares of the real estate investment trust’s stock valued at $341,000 after buying an additional 650 shares in the last quarter. Salem Investment Counselors Inc. increased its stake in shares of Starwood Property Trust by 262.0% during the 4th quarter. Salem Investment Counselors Inc. now owns 3,620 shares of the real estate investment trust’s stock worth $88,000 after purchasing an additional 2,620 shares in the last quarter. Public Employees Retirement System of Ohio increased its stake in shares of Starwood Property Trust by 1.7% during the 4th quarter. Public Employees Retirement System of Ohio now owns 155,781 shares of the real estate investment trust’s stock worth $3,785,000 after purchasing an additional 2,672 shares in the last quarter. Zullo Investment Group Inc. purchased a new position in shares of Starwood Property Trust during the 4th quarter worth approximately $66,000. Finally, MML Investors Services LLC increased its stake in shares of Starwood Property Trust by 16.3% during the 4th quarter. MML Investors Services LLC now owns 25,937 shares of the real estate investment trust’s stock worth $630,000 after purchasing an additional 3,638 shares in the last quarter. Institutional investors own 44.70% of the company’s stock.

STWD has been the topic of a number of research analyst reports. StockNews.com initiated coverage on Starwood Property Trust in a research report on Thursday, March 31st. They issued a “hold” rating on the stock. Raymond James raised Starwood Property Trust from an “outperform” rating to a “strong-buy” rating and set a $32.00 target price on the stock in a research report on Thursday, March 31st. Finally, Zacks Investment Research lowered Starwood Property Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, April 6th. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Starwood Property Trust currently has a consensus rating of “Buy” and a consensus target price of $28.60.

Starwood Property Trust Company Profile (Get Rating)

Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States, Europe, and Australia. It operates through four segments: 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, including distressed or non-performing loans.

Featured Stories

Earnings History for Starwood Property Trust (NYSE:STWD)

Receive News & Ratings for Starwood Property Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starwood Property Trust and related companies with MarketBeat.com's FREE daily email newsletter.