Top investors say Starwood Property Trust Inc. (STWD) ticks everything they need

Starwood Property Trust Inc. (NYSE: STWD) stock fell -1.60% on Wednesday to $17.26 against a previous-day closing price of $17.54. With 1.99 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.14 million shares. During the session, the REIT – Mortgage company that operates in wider Real Estate sector, reached to the highest price of $17.49 whereas the lowest price it dropped to was $17.08. The 52-week range on STWD shows that it touched its highest point at $24.12 and its lowest point at $16.06 during that stretch. It currently has a 1-year price target of $20.71. With its current market cap of 5.41 billion, STWD has annualized dividend of $1.92 while the current yield stands at 11.12%. Beta for the stock currently stands at 1.62.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of STWD was up-trending over the past week, with a rise of 2.43%, but this was up by 2.19% over a month. Three-month performance dropped to -12.43% while six-month performance fell -16.45%. The stock lost -23.76% in the past year, while it has lost -5.84% so far this year. A look at the trailing 12-month EPS for STWD yields 1.89 with Next year EPS estimates of 2.06. For the next quarter, that number is 0.48. This implies an EPS growth rate of 80.00% for this year and 6.62% for next year. EPS is expected to grow by 4.99% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 12.00%.

Float and Shares Shorts:

At present, 308.41 million STWD shares are outstanding with a float of 293.93 million shares on hand for trading. On Apr 27, 2023, short shares totaled 22.12 million, which was 7.09% higher than short shares on Mar 30, 2023. In addition to Mr. Barry Stuart Sternlicht as the firm’s CEO & Non-Independent Exec. Chairman, Mr. Jeffrey F. DiModica C.F.A., CFA serves as its Pres & MD.

Institutional Ownership:

Through their ownership of 46.03% of STWD’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 5.57% of STWD, in contrast to 28.08% held by mutual funds. Shares owned by individuals account for 24.47%. As the largest shareholder in STWD with 9.25% of the stake, The Vanguard Group, Inc. holds 28,747,560 shares worth 28,747,560. A second-largest stockholder of STWD, BlackRock Fund Advisors, holds 26,979,223 shares, controlling over 8.69% of the firm’s shares. SSgA Funds Management, Inc. is the third largest shareholder in STWD, holding 8,584,507 shares or 2.76% stake. With a 2.94% stake in STWD, the Vanguard Total Stock Market ETF is the largest stakeholder. A total of 9,144,065 shares are owned by the mutual fund manager. The iShares Core S&P Mid Cap ETF, which owns about 2.86% of STWD stock, is the second-largest Mutual Fund holder. It holds 8,880,833 shares valued at 158.88 million. Vanguard Small Cap Index Fund holds 2.48% of the stake in STWD, owning 7,696,609 shares worth 137.69 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for STWD since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With STWD analysts setting a high price target of $23.50 and a low target of $18.50, the average target price over the next 12 months is $19.64. Based on these targets, STWD could surge 36.15% to reach the target high and rise by 7.18% to reach the target low. Reaching the average price target will result in a growth of 13.79% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

Summary of Insider Activity:

Insiders traded STWD stock several times over the past three months with 6 Buys and 2 Sells. In these transactions, 682,534 shares were bought while 205,162 shares were sold. The number of buy transactions has increased to 21 while that of sell transactions has risen to 6 over the past year. The total number of shares bought during that period was 1,639,123 while 391,184 shares were sold.

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