Starwood Property Trust, Inc. (NYSE:STWD) Analyst Estimates
Starwood Property Trust, Inc. (NYSE:STWD) stock is presently standing at about $22.34 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 8 analysts covering the company is $24.00, which suggests the stock could still rise over 7 percent. The highest analyst price target is $25.00, which implies a rally of 88 percent. And a quick view of analyst notes show that 4 are rating the stock a buy while 2 rate STWD a strong buy. There are 3 equity research firms advocating a Hold and 0 consider it Sell.
BofA/Merrill analysts provided their view on Starwood Property Trust, Inc. (NYSE:STWD) recently. The rating firm issued a Neutral rating to this company in a research note released on Dec 15, 2016. Compass Point analysts disclosed their opinion on Starwood Property Trust, Inc. (NYSE:STWD) recently. The rating firm gave a Neutral rating to this stock in a research note published on Aug 15, 2016. According to a research note disclosed on Dec 15, 2016, analysts at BofA/Merrill have upped their rating on these shares from Buy to Neutral.
Starwood Property Trust, Inc. (NYSE:STWD) Transactions Roundup
Several insiders were part of recent insider activity for the stock. Its COO and General Counsel Sossen Andrew Jay sold 18,155 company shares for 345850, in a transaction on 2016-03-18. Following the transaction, the COO and General Counsel is left with a stake of 92,398 shares, currently valued at $2064171. Meanwhile, CFO Paniry Rina sold 6,090 shares worth $115890, through a transaction dated 2016-03-18. Following the completion of the transaction, the insider is left with a stake of 44,644 shares, amounting $997346.96. STWD President DiModica Jeffrey F. also purchased 10,000 shares, at a stock price of $20.29. This transaction occurred on 2015-11-10 totals $202900. After this transaction, the insider’s stake stands at 140,852 shares, with a market value of $3146634.
Executives hold 1.70 percent of the stock. Barry S. Sternlicht is one of the biggest insider owners in Starwood Property Trust, Inc. (NYSE:STWD), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 3,682,464 shares which have current market value of around $82266245.76.Jeffrey G. Dishner is another major inside shareholder in the company. The insider owns 244,776 shares as of less than 0.1%, currently worth $5468295.84. Mr. Jeffrey F. DiModica is ranked as third insider holder of the stock. This insider holds 140,852 shares with a market value around $3146633.68 as of recent close.
Starwood Property Trust, Inc. (NYSE:STWD) Earnings Outlook
In Starwood Property Trust, Inc. (NYSE:STWD)’s latest quarter, EPS moved to $0.50 from $0.59 in preceding quarter and revenues reached at $184.48M compared to $204.71M. Analysts had expected Starwood Property Trust, Inc. (NYSE:STWD) to post net income of about $0.50 per share on $219.15M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.46 to $0.53. That is compared with the $0.50 in EPS it reported during the same period a year ago.