Starwood Property Trust, Inc. operates as a real estate investment trust (REIT) in the United States and Europe.
Established dividend payer with acceptable track record.
Share Price & News
How has Starwood Property Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: STWD has not had significant price volatility in the past 3 months.
7 Day Return
US Mortgage REITs
1 Year Return
US Mortgage REITs
Return vs Industry: STWD exceeded the US Mortgage REITs industry which returned 7.2% over the past year.
Return vs Market: STWD underperformed the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is Starwood Property Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StHow Much Of Starwood Property Trust, Inc. (NYSE:STWD) Do Institutions Own?
1 month ago | Simply Wall StDid Starwood Property Trust, Inc. (NYSE:STWD) Insiders Sell Shares?
2 months ago | Simply Wall StThe Starwood Property Trust (NYSE:STWD) Share Price Is Up 10% And Shareholders Are Holding On
Is Starwood Property Trust undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: STWD ($25.94) is trading below our estimate of fair value ($27.26)
Significantly Below Fair Value: STWD is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: STWD is poor value based on its PE Ratio (16.9x) compared to the Mortgage REITs industry average (13.1x).
PE vs Market: STWD is good value based on its PE Ratio (16.9x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: STWD is poor value based on its PEG Ratio (4.2x)
Price to Book Ratio
PB vs Industry: STWD is overvalued based on its PB Ratio (1.6x) compared to the US Mortgage REITs industry average (1x).
How is Starwood Property Trust forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: STWD's forecast earnings growth (4.1% per year) is above the savings rate (1.7%).
Earnings vs Market: STWD's earnings (4.1% per year) are forecast to grow slower than the US market (14.5% per year).
High Growth Earnings: STWD's earnings are forecast to grow, but not significantly.
Revenue vs Market: STWD's revenue (13.5% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: STWD's revenue (13.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: STWD's Return on Equity is forecast to be low in 3 years time (13.5%).
How has Starwood Property Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: STWD has a large one-off gain of $126.4M impacting its September 30 2019 financial results.
Growing Profit Margin: STWD's current net profit margins (63.2%) are higher than last year (56.5%).
Past Earnings Growth Analysis
Earnings Trend: STWD's earnings have declined by -4.8% per year over the past 5 years.
Accelerating Growth: STWD's earnings growth over the past year (11.3%) exceeds its 5-year average (-4.8% per year).
Earnings vs Industry: STWD earnings growth over the past year (11.3%) exceeded the Mortgage REITs industry 7.3%.
Return on Equity
High ROE: STWD's Return on Equity (9.3%) is considered low.
Return on Assets
Return on Capital Employed
How is Starwood Property Trust's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: STWD has a low level of unsold assets or inventory.
Debt Coverage by Assets: STWD's debt is not covered by short term assets (assets are 1x debt).
Financial Institutions Analysis
Asset Level: STWD's level of assets compared to its equity is moderate.
Allowance for Bad Loans: Insufficient data to determine if STWD has a sufficient allowance for bad loans.
Low Risk Liabilities: STWD reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if STWD has an acceptable proportion of non-loan assets held.
Low Risk Deposits: STWD has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if STWD has an appropriate level of bad loans.
What is Starwood Property Trust's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: STWD's dividend (7.4%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: STWD's dividend (7.4%) is in the top 25% of dividend payers in the US market (3.69%)
Stability and Growth of Payments
Stable Dividend: STWD's dividends per share have been stable in the past 10 years.
Growing Dividend: STWD's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (125.1%), STWD's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: STWD's dividends in 3 years are forecast to be covered by earnings (86.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Barry Sternlicht (58yo)
Mr. Barry Stuart Sternlicht has been the Director at LOG Commercial Properties e Participações S.A. Mr. Sternlicht serves as the Director at Invitation Homes Inc.; Starwood Real Estate Income Trust, Inc. a ...
|Chairman & CEO||11.1yrs||no data||2.46% $179.8m|
|President & MD||5.4yrs||US$4.40m||0.11% $7.9m|
|CFO, Treasurer & Chief Accounting Officer||5.8yrs||US$3.56m||0.071% $5.2m|
|COO, General Counsel||8.6yrs||US$2.40m||0.061% $4.5m|
|Director of Investor Relations||0yrs||no data||no data|
|Chief Credit Officer||4.7yrs||no data||no data|
|Chief Originations Officer||3.7yrs||no data||no data|
|Managing Director||0yrs||no data||no data|
|President of Starwood Infrastructure Finance||1.3yrs||no data||no data|
|President of Starwood Mortgage Capital||0yrs||no data||no data|
Experienced Management: STWD's management team is seasoned and experienced (5.4 years average tenure).
|Chairman & CEO||11.1yrs||no data||2.46% $179.8m|
|Independent Director||11.1yrs||US$250.01k||0.020% $1.5m|
|Director||11.1yrs||no data||0.12% $8.7m|
|Lead Independent Director||0yrs||US$277.51k||0.023% $1.7m|
|Chairman of Starwood Mortgage Capital||1.1yrs||no data||no data|
|Independent Director||1.4yrs||US$161.26k||0.0035% $256.7k|
|Independent Director||10.1yrs||US$222.51k||0.013% $931.7k|
|Independent Director||5.6yrs||US$220.01k||0.011% $781.1k|
Experienced Board: STWD's board of directors are seasoned and experienced ( 10.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.1%.
Starwood Property Trust, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Starwood Property Trust, Inc.
- Ticker: STWD
- Exchange: NYSE
- Founded: 2009
- Industry: Mortgage REITs
- Sector: Diversified Financials
- Market Cap: US$7.313b
- Shares outstanding: 281.93m
- Website: https://www.starwoodpropertytrust.com
Number of Employees
- Starwood Property Trust, Inc.
- 591 West Putnam Avenue
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|STWD||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Aug 2009|
|VSP||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Aug 2009|
|0L9F||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Aug 2009|
|STWD *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Aug 2009|
Starwood Property Trust, Inc. operates as a real estate investment trust (REIT) in the United States and Europe. It operates through four segments: Commercial and Residential Lending, Infrastructure Lending, Real Estate Property, and Real Estate Investing and Servicing. The Commercial and Residential Lending segment originates, acquires, finances, and manages commercial and residential 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. The Infrastructure lending originates, acquires, finances, and manages infrastructure debt investments. The Real Estate Property segment acquires and manages equity interests in commercial real estate properties, including multi-family properties. The Real Estate Investing and Servicing segment manages and works out problem assets; acquires and manages unrated, investment grade, and non-investment grade rated CMBS, including 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. 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. Starwood Property Trust, Inc. was founded in 2009 and is headquartered in Greenwich, Connecticut.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 00:18|
|End of Day Share Price||2020/02/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.