STWD Stock Recent News

GREENWICH, Conn. , June 13, 2024 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) ("the Company") today announced that the Company's Board of Directors has declared a dividend of $0.48 per share of common stock for the quarter ending June 30, 2024.

Starwood Property Trust is a strong choice for dividend investors in the commercial real estate market. The REIT has a well-performing loan portfolio and high dividend yield. However, STWD took a valuation hit last week as another Starwood (non-traded) REIT announced redemption limitations. STWD has access to liquidity and could be a net buyer of commercial mortgage assets in the future.

MIAMI , May 28, 2024 /PRNewswire/ -- Starwood Capital Group ("Starwood Capital"), a global private investment firm with a primary focus on real estate, today announced that Matt Smith will join the firm in June as Managing Director, Head of U.S. Residential Asset Management. In this role, Mr.

Starwood Property Trust (NYSE: STWD) stock price has underperformed the broader market as concerns about its income and high interest rates continue. Its total return has dropped by 0.50% this year while the S&P 500 index has jumped by 11.30%.

Starwood Property Trust Inc. covered its dividend with distributable earnings in Q1 and saw strong origination activity. The trust's 10% yield is expected to be safe in 2024 with a payout ratio of 81%. The portfolio remained well-diversified with a combined value of $26.1 billion and the commercial lending segment performed well.

Starwood Property Trust (STWD) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, STWD crossed above the 200-day moving average, suggesting a long-term bullish trend.

From a technical perspective, Starwood Property Trust (STWD) is looking like an interesting pick, as it just reached a key level of support. STWD recently overtook the 50-day moving average, and this suggests a short-term bullish trend.

Starwood Property Trust (STWD) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.49 per share a year ago.

Mortgage REITs continue to be negatively impacted by a difficult commercial real estate market. Starwood Property Trust is a diversified mREIT that has outperformed the sector at large with a multi-cylinder business model. STWD's added layers of diversification, including owned property and real estate services, provide additional cash flow and support during periods of stress, including the past two years.

I am closely monitoring Starwood Property Trust due to its role as a major commercial real estate mortgage company and a source of income for investors. Mounting headwinds, including higher interest rates and inflation, are causing concerns for the commercial real estate industry. STWD has a strong balance sheet and prudent financial management, which provides stability and income potential for investors.