STWD Stock Recent News

I'm exploring how to boost portfolio yield if I need to enhance cash flow. I discuss the risks and opportunities with high-yield investments, particularly STWD. STWD, despite macro challenges, offers a stable 10% yield. It's diversified, focusing on balance sheet health, which helps it withstand economic headwinds. Although STWD trades below book value, reflecting market caution, its strong fundamentals and reliable dividend make it an attractive option for income-focused investors.

Starwood Property delivered a decent earnings report for Q2, but distribution coverage deteriorated, which led to a downgrade. The previous strong buy rating was based on robust dividend coverage. In Q2'24, the REIT paid out 100% of its distributable earnings. Risks with STWD have increased, especially with respect to the dividend.

Starwood Property Trust, Inc. (NYSE:STWD ) Q2 2024 Earnings Conference Call August 6, 2024 10:00 AM ET Company Participants Zach Tanenbaum - Head of IR Barry Sternlicht - Chairman and CEO Jeff DiModica - President Rina Paniry - CFO Conference Call Participants Rick Shane - JPMorgan Stephen Laws - Raymond James Donald Fandetti - Wells Fargo Jade Rahmani - KBW Operator Greetings, and welcome to the Starwood Property Trust's Second Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.

Starwood Property Trust (STWD) came out with quarterly earnings of $0.48 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.49 per share a year ago.

– Quarterly GAAP Earnings of $0.24 and Distributable Earnings (DE) of $0.48 per Diluted Share – – Paid Dividend of $0.48 per Share and Declared $0.48 Dividend for each of the next Two Quarters – – Received Repayments of $0.9 Billion in the Quarter – – Repriced our $591.0 Million Term Loan B, Reducing Spread by 50 bps to S+275  – – Received 8th Nareit Gold Investor CARE (Communications & Reporting Excellence) Award – – LNR's Commercial Special Servicer Rating of CSS1 (Highest Rating Possible) Reaffirmed by Fitch – GREENWICH, Conn. , Aug. 6, 2024 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter ended June 30, 2024.

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.

GREENWICH, Conn. , July 24, 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 quarters ending September 30, 2024 and December 31, 2024.

GREENWICH, Conn. , July 22, 2024 /PRNewswire/ -- Starwood Property Trust (NYSE: STWD) today announced that the Company will release its second quarter 2024 financial results on Tuesday, August 6, 2024 before the opening of trading on the New York Stock Exchange.

Starwood Property Trust is a consistent performer and dividend payer. Despite the lack of dividend raises, the stability offered can enable dividend growth through reinvestment. STWD operates as an mREIT with a market cap of $6B, offering a 10% dividend yield. STWD's portfolio includes diverse real estate investments, with a focus on commercial lending.

10%-Yielding Starwood Property Trust: The Gold Standard In CRE Investing