|Bid||15.60 x 800|
|Ask||15.68 x 1000|
|Day's Range||15.25 - 15.70|
|52 Week Range||7.59 - 26.33|
|Beta (5Y Monthly)||1.42|
|PE Ratio (TTM)||11.61|
|Earnings Date||Nov 06, 2020 - Nov 10, 2020|
|Forward Dividend & Yield||1.92 (12.28%)|
|Ex-Dividend Date||Jun 29, 2020|
|1y Target Est||18.57|
Starwood Property Trust (STWD) delivered earnings and revenue surprises of 4.88% and -5.72%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Starwood Property Trust (NYSE:STWD) moved higher by 1.9% in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share decreased 17.31% over the past year to $0.43, which beat the estimate of $0.42.Revenue of $265,606,000 declined by 14.65% year over year, which missed the estimate of $289,870,000.Looking Ahead Starwood Property Trust hasn't issued any earnings guidance for the time being.Starwood Property Trust hasn't issued any revenue guidance for the time being.How To Listen To The Conference Call Date: Aug 05, 2020View more earnings on STWDTime: 10:00 AMET Webcast URL: http://public.viavid.com/player/index.php?id=140721Price Action Company's 52-week high was at $26.3352-week low: $7.59Price action over last quarter: Up 12.49%Company Profile Starwood Property Trust Inc is an American real estate investment trust principally engaged in originating, acquiring, and managing commercial mortgage loans and commercial mortgage-backed securities in the U.S. and Europe. The company organizes its activities into Commercial and Residential Lending Segment, Infrastructure Lending Segment, Property Segment and Investing and Servicing Segment. The former acquires and finances first mortgages, or mortgages with primary lien positions. The collateral for these mortgages is mainly office and hospitality properties in the American West and Northeast. Starwood's Investing and Servicing unit primarily generates revenue from the acquisition and sale of commercial mortgage-backed securities.See more from Benzinga * Earnings Scheduled For August 5, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter ended June 30, 2020. The Company's second quarter 2020 GAAP net income was $139.7 million, or $0.49 per diluted share, and Core Earnings (a non-GAAP financial measure) was $126.1 million, or $0.43 per diluted share.