Analysts Set Starwood Property Trust, Inc. (STWD) Target Price at $24.50

Starwood Property Trust, Inc. (NYSE:STWD) has been given an average rating of “Hold” by the six analysts that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $24.50.

A number of equities analysts have weighed in on STWD shares. Zacks Investment Research raised shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research note on Friday, August 25th. BidaskClub downgraded shares of Starwood Property Trust from a “hold” rating to a “sell” rating in a research note on Monday, July 31st. Finally, ValuEngine downgraded shares of Starwood Property Trust from a “buy” rating to a “hold” rating in a research note on Tuesday.

Shares of Starwood Property Trust (NYSE STWD) traded up 1.15% during mid-day trading on Tuesday, reaching $21.92. The company had a trading volume of 887,044 shares. Starwood Property Trust has a 12-month low of $21.11 and a 12-month high of $23.32. The firm has a 50-day moving average of $22.04 and a 200-day moving average of $22.29. The company has a market capitalization of $5.69 billion, a P/E ratio of 12.59 and a beta of 0.53.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings results on Wednesday, August 9th. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.01. Starwood Property Trust had a net margin of 55.89% and a return on equity of 11.39%. The company had revenue of $211.57 million during the quarter, compared to the consensus estimate of $244.13 million. During the same period in the prior year, the firm earned $0.50 earnings per share. On average, equities analysts anticipate that Starwood Property Trust will post $2.10 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Friday, September 29th will be paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 8.86%. The ex-dividend date is Thursday, September 28th. Starwood Property Trust’s dividend payout ratio is 109.09%.

Several large investors have recently bought and sold shares of the company. Bronfman E.L. Rothschild L.P. grew its holdings in shares of Starwood Property Trust by 1.0% during the first quarter. Bronfman E.L. Rothschild L.P. now owns 5,288 shares of the real estate investment trust’s stock valued at $119,000 after buying an additional 50 shares during the last quarter. Intellectus Partners LLC grew its holdings in shares of Starwood Property Trust by 0.3% during the second quarter. Intellectus Partners LLC now owns 21,393 shares of the real estate investment trust’s stock valued at $489,000 after buying an additional 65 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Starwood Property Trust by 0.5% during the first quarter. Envestnet Asset Management Inc. now owns 40,645 shares of the real estate investment trust’s stock valued at $922,000 after buying an additional 212 shares during the last quarter. Stratos Wealth Partners LTD. grew its holdings in shares of Starwood Property Trust by 1.5% during the first quarter. Stratos Wealth Partners LTD. now owns 16,529 shares of the real estate investment trust’s stock valued at $373,000 after buying an additional 249 shares during the last quarter. Finally, CWA Asset Management Group LLC grew its holdings in shares of Starwood Property Trust by 2.5% during the second quarter. CWA Asset Management Group LLC now owns 10,250 shares of the real estate investment trust’s stock valued at $229,000 after buying an additional 250 shares during the last quarter. Hedge funds and other institutional investors own 68.59% of the company’s stock.

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