Starwood Property Trust (NYSE:STWD) Releases Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Starwood Property Trust (NYSE:STWD) released its quarterly earnings data on Thursday. The real estate investment trust reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.01), Zacks reports. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%.

Starwood Property Trust Stock Up 1.3 %

Shares of Starwood Property Trust stock traded up $0.27 during trading on Thursday, reaching $20.25. The stock had a trading volume of 1,683,444 shares, compared to its average volume of 2,011,400. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. The company has a market capitalization of $6.83 billion, a price-to-earnings ratio of 17.31 and a beta of 1.69. The stock has a fifty day moving average price of $19.37 and a two-hundred day moving average price of $19.80. Starwood Property Trust has a 52 week low of $18.12 and a 52 week high of $21.17.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on STWD. JMP Securities reduced their price target on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a research report on Thursday, November 7th. JPMorgan Chase & Co. reduced their target price on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a report on Tuesday, January 21st. UBS Group increased their price target on Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. Finally, Keefe, Bruyette & Woods dropped their price target on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 14th. Three analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Starwood Property Trust presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.13.

About Starwood Property Trust

Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and internationally. The company operates through 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, include distressed or non-performing loans.