Starwood Property Trust (STWD) Outpaces Stock Market Gains: What You Should Know
Starwood Property Trust (STWD) closed the most recent trading day at $20.21, moving +1.3% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.22%. At the same time, the Dow added 0.5%, and the tech-heavy Nasdaq lost 6.33%.
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%. Meanwhile, our latest consensus estimate is calling for revenue of $463.2 million, up 59.88% from the prior-year quarter.
It is also important to note the recent changes to analyst estimates for Starwood Property Trust. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. 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.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.25% lower within the past month. Starwood Property Trust is currently a Zacks Rank #3 (Hold).
Looking at its valuation, Starwood Property Trust is holding a Forward P/E ratio of 10.1. Its industry sports an average Forward P/E of 8.04, so we one might conclude that Starwood Property Trust is trading at a premium comparatively.
The REIT and Equity Trust industry is part of the Finance sector. This group has a Zacks Industry Rank of 188, putting it in the bottom 26% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
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STARWOOD PROPERTY TRUST, INC. (STWD) : Free Stock Analysis Report
