Starwood Property Trust (NYSE:STWD) Reaches New 12-Month Low – Should You Sell?

Starwood Property Trust, Inc. (NYSE:STWD)’s share price reached a new 52-week low during trading on Tuesday . The company traded as low as $15.50 and last traded at $15.5050, with a volume of 1740353 shares. The stock had previously closed at $15.70.

Analyst Ratings Changes

A number of research firms have recently weighed in on STWD. Keefe, Bruyette & Woods cut their target price on Starwood Property Trust from $19.00 to $18.50 and set an “outperform” rating for the company in a research report on Friday, August 7th. JPMorgan Chase & Co. decreased their price target on 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. Zacks Research raised Starwood Property Trust from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 25th. Wall Street Zen cut shares of Starwood Property Trust from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Finally, Wells Fargo & Company set a $20.00 price objective on shares of Starwood Property Trust in a research note on Monday, August 17th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $19.20.

Starwood Property Trust Stock Up 0.5%

The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 3.47. The company has a market capitalization of $5.88 billion, a P/E ratio of 26.96, a PEG ratio of 2.05 and a beta of 0.98. The stock has a 50 day moving average price of $16.40 and a 200 day moving average price of $17.13.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.40 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.40. The business had revenue of $201.42 million for the quarter, compared to analyst estimates of $521.67 million. Starwood Property Trust had a return on equity of 7.85% and a net margin of 11.35%.Starwood Property Trust’s quarterly revenue was up 15.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 EPS. On average, research analysts anticipate that Starwood Property Trust, Inc. will post 1.4 earnings per share for the current fiscal year.

Starwood Property Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 12.1%. The ex-dividend date was Tuesday, June 30th. Starwood Property Trust’s payout ratio is 325.42%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new position in shares of Starwood Property Trust during the second quarter valued at $589,366,000. Blue Owl Capital Holdings LP bought a new stake in shares of Starwood Property Trust in the second quarter worth $3,216,000. Cetera Investment Advisers increased its holdings in Starwood Property Trust by 26.7% in the first quarter. Cetera Investment Advisers now owns 764,957 shares of the real estate investment trust’s stock valued at $13,173,000 after purchasing an additional 161,049 shares during the period. Kestra Advisory Services LLC increased its holdings in Starwood Property Trust by 63.3% in the first quarter. Kestra Advisory Services LLC now owns 331,004 shares of the real estate investment trust’s stock valued at $5,700,000 after purchasing an additional 128,300 shares during the period. Finally, The Manufacturers Life Insurance Company acquired a new stake in Starwood Property Trust in the second quarter valued at $4,488,000. Institutional investors own 49.82% of the company’s stock.

About Starwood Property Trust

Starwood Property Trust (NYSE: STWD) is a publicly traded real estate investment trust that specializes in originating, acquiring and managing commercial mortgage loans and other real estate-related investments. The company’s portfolio spans a variety of asset classes, including senior mortgages, mezzanine debt, preferred equity and direct equity investments in commercial properties. By focusing on both debt and equity capital solutions, Starwood Property Trust seeks to generate attractive risk-adjusted returns for its shareholders through a combination of current income and capital appreciation.

Operating primarily in the United States, Starwood Property Trust deploys capital across a broad range of property types, such as multifamily residential, office, retail, hotel and industrial.