Profile
Sector:
Real EstateIndustry:
MortgageCountry:
United StatesIPO:
12 August 2009Next earnings report:
21 February 2025Last dividends:
30 September 2024Next dividends:
31 December 2024Price
after hours | Sat, 23 Nov 2024 00:26:56 GMTAnalysts recommendations
Institutional Ownership
STWD Latest News
Starwood Property Trust offers a 9.9% dividend yield, supported by a diversified portfolio and a strategic shift away from office properties. STWD's financial position is strong, with expanding infrastructure investments, enhancing its appeal for income-focused investors. STWD's robust liquidity and discount to undepreciated book value make it a compelling high yield choice in this frothy market.
Elevated yields often signal high risk, but Starwood Property Trust offers a strong 10% yield backed by resilient financials and conservative risk management. Despite headwinds in commercial real estate, STWD remains stable, with no dividend cuts in recent years and a strategic shift towards multifamily lending. STWD's valuation is favorable, trading close to its book value, but limited growth potential and rate environment dependence make it a Hold for capital gains seekers.
STWD's Q3 2024 earnings benefit from a rise in revenues and a decline in expenses. Yet, a year-over-year decline in BVPS is a headwind.
– Quarterly GAAP Earnings of $0.23 and Distributable Earnings (DE) of $0.48 per Diluted Share – – Originated or Acquired $2.1 Billion of Assets in the Quarter and $3.5 Billion Year-To-Date – – Received Repayments of $1.6 Billion in the Quarter and $3.7 Billion Year-To-Date – – Raised $800 Million of Capital Bringing Liquidity to a Record $1.8 Billion – – Undepreciated Book Value Per Share of $20.22 – – Paid Dividend of $0.48 per Share – GREENWICH, Conn. , Nov. 6, 2024 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter ended September 30, 2024.
Starwood Property Trust, Inc. (NYSE:STWD ) Q3 2024 Earnings Conference Call November 6, 2024 10:00 AM ET Corporate Participants Zach Tanenbaum - Head of IR Barry Sternlicht - Chairman and Chief Executive Officer Jeff DiModica - President Rina Paniry - Chief Financial Officer Conference Call Participants Stephen Laws - Raymond James Jade Rahmani - KBW Doug Harter - UBS Rick Shane - JPMorgan Harsh Hemnani - Green Street Operator Greetings and welcome to the Starwood Property Trust Third Quarter 2024 Earnings Conference Call. At this time, all participants are on a listen-only mode.
Starwood Property Trust (STWD) stock price has moved sideways in the past few months as investors focused on interest rates and the Commercial Real Estate (CRE) industry. It was trading at $20 on Friday, a few points below the all-time high of $20.64.
GREENWICH, Conn. , Oct. 8, 2024 /PRNewswire/ -- Starwood Property Trust (NYSE: STWD) today announced that the Company will release its third quarter 2024 financial results on Wednesday, November 6, 2024 before the opening of trading on the New York Stock Exchange.
This new venture from Starwood Capital Group and AJ Capital Partners provides affordable lifestyle lodging for outdoor enthusiasts BOZEMAN, Mont. , Oct. 2, 2024 /PRNewswire/ -- Field & Stream Lodge Co., a new branded hospitality platform backed by the 153-year legacy and expertise of the iconic Field & Stream brand, proudly announces its first location in Bozeman, MT.
GREENWICH, Conn. , Sept. 26, 2024 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) (the "Company") today announced that it has priced its private offering of $400 million aggregate principal amount of its 6.000% unsecured senior notes due 2030 (the "Notes").
I've been a shareholder in Starwood Property Trust since 2016, enjoying consistent quarterly dividends of $0.48, despite economic challenges. I'm bullish on STWD due to potential rate cuts, which could reduce interest expenses and increase book value, benefiting shareholders. Reinvesting dividends has more than doubled my share count and forward dividend income, demonstrating the power of compounding.
What type of business is 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. The Infrastructure lending segment originates, acquires, finances, and manages infrastructure debt investments. The Property segment engages primarily in acquiring and managing equity interests in stabilized commercial real estate properties, such as multifamily properties and commercial properties subject to net leases, that are held for investment. The Investing and Servicing segment manages and works out problem assets; acquires and manages unrated, investment grade, and non-investment grade rated CMBS comprising subordinated interests of securitization and re-securitization transactions; originates conduit loans for the primary purpose of selling these loans into securitization transactions; and acquires commercial real estate assets that include properties acquired from CMBS trusts. The company qualifies as a REIT for federal income tax purposes and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2009 and is headquartered in Greenwich, Connecticut.
What sector is Starwood Property Trust in?
Starwood Property Trust is in the Real Estate sector
What industry is Starwood Property Trust in?
Starwood Property Trust is in the Mortgage industry
What country is Starwood Property Trust from?
Starwood Property Trust is headquartered in United States
When did Starwood Property Trust go public?
Starwood Property Trust initial public offering (IPO) was on 12 August 2009
What is Starwood Property Trust website?
https://www.starwoodpropertytrust.com
Is Starwood Property Trust in the S&P 500?
No, Starwood Property Trust is not included in the S&P 500 index
Is Starwood Property Trust in the NASDAQ 100?
No, Starwood Property Trust is not included in the NASDAQ 100 index
Is Starwood Property Trust in the Dow Jones?
No, Starwood Property Trust is not included in the Dow Jones index
When was Starwood Property Trust the previous earnings report?
No data
When does Starwood Property Trust earnings report?
The next expected earnings date for Starwood Property Trust is 21 February 2025