Starwood Property Trust (STWD) Gains As Market Dips: What You Should Know
In the latest trading session, Starwood Property Trust (STWD) closed at $19.43, marking a +0.1% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.16%. At the same time, the Dow lost 0.26%, and the tech-heavy Nasdaq gained 1.58%.
Coming into today, shares of the commercial real estate investment trust had lost 4.48% in the past month. In that same time, the Finance sector gained 0.34%, while the S&P 500 gained 0.84%.
Wall Street will be looking for positivity from Starwood Property Trust as it approaches its next earnings report date. This is expected to be March 1, 2023. On that day, Starwood Property Trust is projected to report earnings of $0.50 per share, which would represent a year-over-year decline of 54.55%. Our most recent consensus estimate is calling for quarterly revenue of $463.2 million, up 59.88% from the year-ago period.
It is also important to note the recent changes to analyst estimates for Starwood Property Trust. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 1.25% lower. Starwood Property Trust is holding a Zacks Rank of #4 (Sell) right now.
Valuation is also important, so investors should note that Starwood Property Trust has a Forward P/E ratio of 9.24 right now. This represents a premium compared to its industry's average Forward P/E of 7.8.
The REIT and Equity Trust industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 171, which puts it in the bottom 33% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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STARWOOD PROPERTY TRUST, INC. (STWD) : Free Stock Analysis Report
