Equities research analysts expect Starwood Property Trust, Inc. (NYSE:STWD) to announce $273.89 million in sales for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Starwood Property Trust’s earnings. The highest sales estimate is $318.41 million and the lowest is $229.36 million. Starwood Property Trust reported sales of $242.83 million in the same quarter last year, which indicates a positive year over year growth rate of 12.8%. The business is expected to report its next quarterly earnings report on Wednesday, February 27th.

On average, analysts expect that Starwood Property Trust will report full-year sales of $1.00 billion for the current financial year, with estimates ranging from $880.02 million to $1.13 billion. For the next year, analysts anticipate that the company will report sales of $1.15 billion, with estimates ranging from $951.41 million to $1.34 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that that provide coverage for Starwood Property Trust.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings data on Friday, November 9th. The real estate investment trust reported $0.51 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.51. The company had revenue of $285.70 million for the quarter, compared to the consensus estimate of $277.19 million. Starwood Property Trust had a return on equity of 12.41% and a net margin of 36.49%. The firm’s revenue was up 26.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.65 EPS.

STWD has been the topic of a number of recent analyst reports. Zacks Investment Research downgraded Starwood Property Trust from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 11th. JPMorgan Chase & Co. started coverage on Starwood Property Trust in a research report on Friday, September 21st. They issued an “overweight” rating and a $23.00 target price for the company. Credit Suisse Group boosted their target price on Starwood Property Trust from $24.00 to $25.00 and gave the company an “outperform” rating in a research report on Tuesday, August 21st. Finally, ValuEngine raised Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, July 28th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $24.00.

Shares of NYSE:STWD opened at $21.93 on Friday. The stock has a market capitalization of $5.86 billion, a PE ratio of 10.15, a price-to-earnings-growth ratio of 2.07 and a beta of 0.25. The company has a debt-to-equity ratio of 2.19, a quick ratio of 2.00 and a current ratio of 2.06. Starwood Property Trust has a 1 year low of $19.47 and a 1 year high of $23.04.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 15th. Investors of record on Monday, December 31st will be given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 8.76%. The ex-dividend date is Friday, December 28th. Starwood Property Trust’s payout ratio is 88.89%.

A number of institutional investors and hedge funds have recently modified their holdings of STWD. Acadian Asset Management LLC increased its holdings in Starwood Property Trust by 82.9% during the 3rd quarter. Acadian Asset Management LLC now owns 5,363,069 shares of the real estate investment trust’s stock worth $115,414,000 after purchasing an additional 2,431,609 shares in the last quarter. Renaissance Technologies LLC increased its holdings in Starwood Property Trust by 121.2% during the 2nd quarter. Renaissance Technologies LLC now owns 2,313,484 shares of the real estate investment trust’s stock worth $50,226,000 after purchasing an additional 1,267,400 shares in the last quarter. CWM LLC increased its holdings in Starwood Property Trust by 351,848.9% during the 3rd quarter. CWM LLC now owns 950,262 shares of the real estate investment trust’s stock worth $20,450,000 after purchasing an additional 949,992 shares in the last quarter. Standard Life Aberdeen plc bought a new stake in Starwood Property Trust during the 2nd quarter worth approximately $16,524,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in Starwood Property Trust during the 3rd quarter worth approximately $15,854,000. 68.84% of the stock is owned by hedge funds and other institutional investors.

Starwood Property Trust Company Profile

Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and Europe. It operates through three segments: Real Estate Lending, Real Estate Property, and Real Estate Investing and Servicing. The Real Estate Lending segment originates, acquires, finances, and manages commercial first mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), residential mortgage-backed securities, residential mortgage loans, and other real estate and real estate-related debt investments.

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Earnings History and Estimates for Starwood Property Trust (NYSE:STWD)

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