Starwood Property Trust (NYSE:STWD) Hits New 1-Year Low – Time to Sell?

Starwood Property Trust, Inc. (NYSE:STWD – Get Free Report)’s share price hit a new 52-week low during trading on Monday. The company traded as low as $12.21 and last traded at $12.0840, with a volume of 628,456 shares traded. The stock had previously closed at $12.46.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on STWD. Zacks Research raised shares of Starwood Property Trust from a “strong sell” rating to a “hold” rating in a report on Thursday, June 25th. Wall Street Zen downgraded shares of Starwood Property Trust from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Weiss Ratings cut shares of Starwood Property Trust from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, October 8th. Keefe, Bruyette & Woods dropped their price objective on shares of Starwood Property Trust from $18.50 to $16.00 and set an “outperform” rating on the stock in a research report on Friday, October 9th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Starwood Property Trust from $19.00 to $18.50 and set an “overweight” rating on the stock in a research report on Tuesday, August 18th. Five equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Starwood Property Trust has a consensus rating of “Moderate Buy” and a consensus price target of $18.70.

Check Out Our Latest Analysis on Starwood Property Trust

Starwood Property Trust Stock Down 3.1%

The company has a debt-to-equity ratio of 3.47, a current ratio of 1.46 and a quick ratio of 1.46. The company has a market cap of $4.47 billion, a price-to-earnings ratio of 20.47, a P/E/G ratio of 1.64 and a beta of 1.01. The firm’s 50 day simple moving average is $14.94 and its 200-day simple moving average is $16.34.

Starwood Property Trust (NYSE:STWD – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.40. Starwood Property Trust had a return on equity of 7.85% and a net margin of 11.35%. The company had revenue of $201.42 million for the quarter, compared to analyst estimates of $521.67 million. During the same quarter last year, the company posted $0.43 earnings per share. The business’s quarterly revenue was up 15.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Starwood Property Trust, Inc. will post 1.40 earnings per share for the current year.

Starwood Property Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were given a $0.48 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 15.9%. Starwood Property Trust’s dividend payout ratio is 325.42%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Peak Financial Advisors LLC increased its position in Starwood Property Trust by 2.2% during the first quarter. Peak Financial Advisors LLC now owns 25,664 shares of the real estate investment trust’s stock worth $442,000 after buying an additional 559 shares during the period. NewEdge Wealth LLC boosted its holdings in shares of Starwood Property Trust by 1.6% in the first quarter. NewEdge Wealth LLC now owns 46,769 shares of the real estate investment trust’s stock valued at $805,000 after acquiring an additional 732 shares during the period. GoalVest Advisory LLC boosted its holdings in shares of Starwood Property Trust by 1.7% in the second quarter. GoalVest Advisory LLC now owns 54,818 shares of the real estate investment trust’s stock valued at $898,000 after acquiring an additional 934 shares during the period. CENTRAL TRUST Co grew its position in shares of Starwood Property Trust by 66.6% during the first quarter. CENTRAL TRUST Co now owns 2,493 shares of the real estate investment trust’s stock worth $43,000 after acquiring an additional 997 shares during the last quarter. Finally, Aviance Capital Partners LLC grew its position in shares of Starwood Property Trust by 1.1% during the first quarter. Aviance Capital Partners LLC now owns 88,582 shares of the real estate investment trust’s stock worth $1,525,000 after acquiring an additional 1,000 shares during the last quarter. Hedge funds and other institutional investors own 49.82% of the company’s stock.

About Starwood Property Trust

(Get Free Report)

Starwood Property Trust, Inc (NYSE: STWD) is a real estate investment trust focused on commercial real estate finance. The company originates, acquires, finances and manages a range of real estate debt investments, including senior and subordinate mortgages, mezzanine loans, and other credit investments secured by commercial properties.

Its business also includes commercial real estate lending and servicing, residential lending, and infrastructure lending. Through these activities, Starwood Property Trust provides financing to property owners, developers and other real estate participants across multiple property types, including office, multifamily, industrial, hospitality and other commercial assets.

Founded in 2009, the company operates primarily in the United States and has also pursued lending and investment opportunities in Europe and other select international markets.

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