Starwood Property Trust (STWD) Expected to Announce Quarterly Earnings on Thursday

Starwood Property Trust (NYSE:STWD) is projected to announce its earnings results before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.46 per share and revenue of $466.37 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Starwood Property Trust Trading Down 0.1 %

Shares of Starwood Property Trust stock opened at $19.89 on Tuesday. Starwood Property Trust has a twelve month low of $18.12 and a twelve month high of $21.17. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. The business has a 50-day moving average price of $19.35 and a 200-day moving average price of $19.80. The firm has a market cap of $6.71 billion, a price-to-earnings ratio of 17.00 and a beta of 1.69.

Wall Street Analysts Forecast Growth

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