|Bid||23.55 x 1100|
|Ask||23.98 x 2900|
|Day's Range||23.62 - 23.83|
|52 Week Range||19.16 - 23.85|
|Beta (3Y Monthly)||0.54|
|PE Ratio (TTM)||17.69|
|Earnings Date||Nov 7, 2019 - Nov 11, 2019|
|Forward Dividend & Yield||1.92 (8.09%)|
|1y Target Est||25.07|
Every investor in Starwood Property Trust, Inc. (NYSE:STWD) should be aware of the most powerful shareholder groups...
GREENWICH, Conn. , Aug. 19, 2019 /PRNewswire/ -- Starwood Property Trust (NYSE: STWD) today announced that on August 15, 2019 the Company closed STWD 2019-FL1, a $1.1 billion managed Commercial Real Estate ...
(Bloomberg) -- Private equity firm Henderson Park Capital Partners U.K. agreed to buy Ireland’s Green REIT Plc in a 1.34 billion euro ($1.5 billion) in a bet that investors were undervaluing the firm.An affiliate of Henderson Park will pay 1.9135 euros per share in cash for Green, the U.K. firm said in a statement on Wednesday. The price is a 24.7% premium to the real estate firm’s share price before it began a process to sell itself in April.Buying Green “offers a rare opportunity to invest in a large institutional quality office portfolio and a strategic logistics park through a single transaction,” Henderson Park Chief Executive Officer Nick Weber said. “We believe in the short-term and long-term prospects of the Irish market with its strong macroeconomic backdrop and underlying real estate fundamentals.”The deal will immediately make Henderson Park one of the biggest office landlords in Dublin, amid what has been a booming economy buoyed by an influx of tech firms led by Google Inc. and Facebook Inc. Green shares had been trading at 1.53 euros before it kicked off a sale process, well below its net asset value per share of 1.83 euros at the end of December. That increased to 1.87 euros at the end of June.Green REIT shares traded up 4.4% at 1.90 euros in Dublin at 10:30 a.m.Demand StallsThe deal, which is subject to regulatory approval, comes as the Irish commercial real estate market shows signs of slowing after years of growth. Prime office rents in Dublin more than doubled since Stephen Vernon and Pat Gunne set up Green in 2013 but are unchanged in the past year. Other investors including Starwood Property Trust Inc. are offloading assets while yields, a measure of profitability, hold near record lows.Vernon earned a reputation for prescience when he sold much of his previous property holdings before the 2008 crash. As early as 2015, he said the “golden period’’ of returns was probably over. The Irish economy meanwhile is seen as particularly vulnerable to a so-called no-deal Brexit.Still, demand for office space in Dublin is at an all time high, according to CBRE Group Inc. The deal is “a welcome vote of confidence in Irish commercial real estate,” Colm Lauder, an analyst at Goodbody Stockbrokers in Dublin, said in a research note.JP Morgan Cazenove Ltd. is lead financial adviser and corporate broker to Green REIT, while Dublin-based securities firm Davy is joint financial adviser and corporate broker. Eastdil Secured LLC and Wells Fargo Securities LLC are financial advisers to Henderson Park.(Updates with relative value of shares and underlying assets in fourth paragraph.)\--With assistance from Jack Sidders.To contact the reporter on this story: Peter Flanagan in Dublin at firstname.lastname@example.orgTo contact the editors responsible for this story: Ambereen Choudhury at email@example.com, Shelley Robinson, Marion DakersFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Starwood Property Trust (STWD) delivered earnings and revenue surprises of 0.00% and -5.43%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
- Quarterly GAAP Earnings of $0.45 and Core Earnings of $0.52 per Diluted Common Share - - Deploys $2.1 Billion of Capital, Including $1.1 Billion in Commercial Lending - - Declares Dividend of $0.48 per ...
Starwood Property Trust (NYSE: STWD ) unveils its next round of earnings this Wednesday, August 7. Here is Benzinga's everything-that-matters guide for the earnings announcement. Earnings and Revenue Analysts ...
On CNBC's "Mad Money Lightning Round," Jim Cramer said Dropbox Inc (NASDAQ: DBX ) is doing well, but the stock is doing badly. He added that it would be a steal under $20. Arthur J Gallagher ...
Starwood Property Trust (STWD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
GREENWICH, Conn. , July 10, 2019 /PRNewswire/ -- Starwood Property Trust (NYSE: STWD) today announced that the Company will release its second quarter 2019 financial results on Wednesday, August 7, 2019 ...
Starwood Property Trust Inc NYSE:STWDView full report here! Summary * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for STWD with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $2.88 billion over the last one-month into ETFs that hold STWD are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Moody's Investors Service ("Moody's") assigned a Ba2 rating to the senior secured Term Loan B issued by Starwood Property Mortgage, LLC, an indirect, wholly-owned subsidiary of Starwood Property Trust, Inc. (Starwood). Moody's also affirmed Starwood's Ba2 corporate family rating, Ba1 senior secured term loan rating, and Ba3 senior unsecured rating.
The government requires hedge funds and wealthy investors that crossed the $100 million equity holdings threshold are required to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings level the playing field for ordinary investors. The latest round of 13F filings disclosed the […]
GREENWICH, Conn., June 4, 2019 /PRNewswire/ -- Starwood Property Trust, Inc. (STWD) ("the Company") today announced that the Company has received the 2019 NAREIT Gold Investor Award, which recognizes communications and reporting excellence, for the mortgage REIT category. This is the sixth consecutive year Starwood Property Trust has won this award. The award will be presented at a ceremony at REITWeek, NAREIT's 2019 Investor Conference, to be held in New York City on June 4-6, 2019.
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Starwood Property Trust (STWD) delivered earnings and revenue surprises of -47.17% and 2.63%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Greenwich, Connecticut-based company said it had net income of 25 cents. Earnings, adjusted for stock option expense and non-recurring costs, were 28 cents per share. The results ...
- Deploys $2.0 Billion of Capital, Including $1.0 Billion in Commercial Lending - - Declares Dividend of $0.48 per share for the Second Quarter of 2019 - GREENWICH, Conn. , May 8, 2019 /PRNewswire/ -- ...