Starwood Property Trust (STWD) Getting Somewhat Favorable Media Coverage, Analysis Finds

Media coverage about Starwood Property Trust (NYSE:STWD) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Starwood Property Trust earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave news headlines about the real estate investment trust an impact score of 45.3473694264558 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the headlines that may have impacted Accern’s rankings:

STWD has been the topic of several recent analyst reports. Compass Point raised shares of Starwood Property Trust from a “neutral” rating to a “buy” rating in a research note on Wednesday, October 25th. ValuEngine raised shares of Starwood Property Trust from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. B. Riley reissued a “buy” rating and set a $24.00 target price on shares of Starwood Property Trust in a research note on Thursday, November 9th. Finally, Zacks Investment Research raised shares of Starwood Property Trust from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a research note on Wednesday, November 15th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $24.00.

Starwood Property Trust (NYSE STWD) traded down $0.04 during midday trading on Wednesday, hitting $21.64. 924,277 shares of the stock were exchanged, compared to its average volume of 1,766,445. Starwood Property Trust has a 1-year low of $21.27 and a 1-year high of $23.01. The company has a debt-to-equity ratio of 1.68, a current ratio of 2.47 and a quick ratio of 2.47. The firm has a market capitalization of $5,679.33, a P/E ratio of 10.36, a PEG ratio of 2.05 and a beta of 0.51.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings results on Wednesday, November 8th. The real estate investment trust reported $0.65 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.11. Starwood Property Trust had a net margin of 52.28% and a return on equity of 11.88%. The business had revenue of $226.77 million for the quarter, compared to the consensus estimate of $236.76 million. During the same period in the prior year, the business posted $0.59 earnings per share. Starwood Property Trust’s revenue for the quarter was up 10.8% compared to the same quarter last year. analysts anticipate that Starwood Property Trust will post 2.12 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Stockholders of record on Friday, December 29th will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 8.87%. The ex-dividend date is Thursday, December 28th. Starwood Property Trust’s dividend payout ratio (DPR) is presently 116.36%.

In other Starwood Property Trust news, COO Andrew Jay Sossen sold 11,270 shares of the stock in a transaction on Tuesday, September 19th. The shares were sold at an average price of $21.94, for a total transaction of $247,263.80. Following the transaction, the chief operating officer now directly owns 108,258 shares of the company’s stock, valued at $2,375,180.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Rina Paniry sold 6,867 shares of the stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $21.96, for a total transaction of $150,799.32. Following the transaction, the chief financial officer now directly owns 100,026 shares in the company, valued at $2,196,570.96. The disclosure for this sale can be found here. Corporate insiders own 2.40% of the company’s stock.

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