Starwood Property Trust Inc (NYSE:STWD) shares traded -0.57% lower at $19.06 on Wall Street last session.
STWD stock price is now -4.11% away from the 50-day moving average and -3.80% away from the 200-day moving average. The market capitalization of the company currently stands at $6.43B.
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With the price target enhanced from $20.50 to $22.50, Keefe Bruyette Upgraded its rating from Mkt Perform to Outperform for Starwood Property Trust Inc (NYSE: STWD). , while ‘Wolfe Research’ rates the stock as ‘Peer Perform’
In other news, DiModica Jeffrey F., President sold 100,000 shares of the company’s stock on Mar 28 ’24. The stock was sold for $2,028,330 at an average price of $20.28. Upon completion of the transaction, the President now directly owns 1,226,673 shares in the company, valued at $23.38 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 01 ’24, President DiModica Jeffrey F. sold 25,000 shares of the business’s stock. A total of $508,242 was realized by selling the stock at an average price of $20.33. This leaves the insider owning 925,984 shares of the company worth $17.65 million. A total of 5.77% of the company’s stock is owned by insiders.
During the past 12 months, Starwood Property Trust Inc has had a low of $18.43 and a high of $22.29. According to the stock market information, the enterprise value for the company is $24768831488, which is based on a 16.20 price-to-earnings ratio, a 8.42 price-to-earnings-growth ratio, and a beta of 1.72. The fifty day moving average price for STWD is $19.8778 and a two-hundred day moving average price translates $19.8136 for the stock.
The latest earnings results from Starwood Property Trust Inc (NYSE: STWD) was released for 2024-09-30. The net profit margin was 17.61% and return on equity was 5.78% for STWD. The company reported revenue of $479.54 million for the quarter, compared to $521.55 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -8.05 percent.
