Starwood Property Trust (NYSE:STWD) is scheduled to post its quarterly earnings results before the market opens on Friday, November 9th. Analysts expect Starwood Property Trust to post earnings of $0.52 per share for the quarter.
Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings data on Wednesday, August 8th. The real estate investment trust reported $0.54 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.53 by $0.01. The firm had revenue of $307.20 million for the quarter, compared to analysts’ expectations of $257.88 million. Starwood Property Trust had a net margin of 39.03% and a return on equity of 13.19%. The business’s quarterly revenue was up 45.2% on a year-over-year basis. During the same quarter last year, the company posted $0.52 EPS. On average, analysts expect Starwood Property Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Starwood Property Trust stock opened at $21.55 on Friday. The company has a debt-to-equity ratio of 1.82, a quick ratio of 2.00 and a current ratio of 2.00. The firm has a market cap of $5.77 billion, a PE ratio of 9.98, a P/E/G ratio of 2.04 and a beta of 0.33. Starwood Property Trust has a fifty-two week low of $19.47 and a fifty-two week high of $23.04.
The firm also recently announced a quarterly dividend, which was paid on Monday, October 15th. Investors of record on Friday, September 28th were given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 8.91%. The ex-dividend date was Thursday, September 27th. Starwood Property Trust’s payout ratio is presently 88.89%.
STWD has been the topic of a number of analyst reports. Zacks Investment Research cut shares of Starwood Property Trust from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 11th. JPMorgan Chase & Co. initiated coverage on shares of Starwood Property Trust in a research report on Friday, September 21st. They issued an “overweight” rating and a $23.00 target price on the stock. Credit Suisse Group lifted their target price on shares of Starwood Property Trust from $24.00 to $25.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 21st. Finally, ValuEngine upgraded shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, July 28th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $24.00.
Starwood Property Trust Company Profile
Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and Europe. It operates through three segments: Real Estate Lending, Real Estate Property, and Real Estate Investing and Servicing. The Real Estate Lending segment originates, acquires, finances, and manages commercial first mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), residential mortgage-backed securities, residential mortgage loans, and other real estate and real estate-related debt investments.
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