In the last trading session, 7.42 million Starwood Property Trust Inc. (NYSE:STWD) shares changed hands as the company’s beta touched 1.62. With the company’s per share price at $21.01 changed hands at $0.02 or 0.10% during last session, the market valuation stood at $6.57B. STWD’s last price was a discount, traded about -11.85% off its 52-week high of $23.50. The share price had its 52-week low at $16.06, which suggests the last value was 23.56% up since then. When we look at Starwood Property Trust Inc.’s average trading volume, we note the 10-day average is 2.5 million shares, with the 3-month average coming to 2.62 million.
Analysts gave the Starwood Property Trust Inc. (STWD) stock a consensus recommendation rating of a Buy, calculated at a mean rating of 1.70. If we narrow down to specifics, the data shows that 0 out of 8 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended STWD as a Hold, 7 felt it is a Buy and 0 rated the stock as Underweight. Starwood Property Trust Inc.’s EPS for the current quarter is expected to be $0.49.
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Starwood Property Trust Inc. (NYSE:STWD) trade information
Instantly STWD was in green as seen at the end of in last trading. With action 2.24%, the performance over the past five days has been green. The jump to weekly highs of 21.10 on Friday, 09/15/23 added 0.10% to the stock’s daily price. The company’s shares are showing year-to-date upside of 14.62%, with the 5-day performance at 2.24% in the green. However, in the 30-day time frame, Starwood Property Trust Inc. (NYSE:STWD) is 6.33% up. Looking at the short shares, we see there were 20.44 million shares sold at short interest cover period of 10.03 days.
The consensus price target for the stock as assigned by Wall Street analysts is $21.69, meaning bulls need an upside of 3.14% from its current market value. According to analyst projections, STWD’s forecast low is $19.00 with $24.00 as the target high. To hit the forecast high, the stock’s price needs a -14.23% plunge from its current level, while the stock would need to tank 9.57% for it to hit the projected low.
Starwood Property Trust Inc. (STWD) estimates and forecasts
Data shows that the Starwood Property Trust Inc. share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 21.52% over the past 6 months, a -14.04% in annual growth rate that is considerably higher than the industry average of -15.00%. Moreover, analysts have looked to lower expectations by upgrading its fiscal year 2023 revenue estimates. The rating firms predict current quarter revenue for Starwood Property Trust Inc. will fall -3.90%, while the growth in revenue is estimated to hit -2.00% for the next quarter. Year-over-year growth is forecast to reach 41.20% up from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of $523.77 million. 4 analysts are of the opinion that Starwood Property Trust Inc.’s revenue for the quarter ending Dec 2023 will be $526.22 million. The company’s revenue for the corresponding quarters a year ago was $390.54 million and $454.6 million respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 34.10%. The estimates for the next quarter sales put growth at 15.80%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 12.00%. The 2023 estimates are for Starwood Property Trust Inc. earnings to increase by 80.00%, but the outlook for the next 5-year period is at 4.99% per year.
STWD Dividends
Starwood Property Trust Inc. is expected to release its next quarterly earnings report in October. The 9.14% annual yield figure for the share gives it an annual dividend of 1.92. It is important to note, however, that the 9.14% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.