STARWOOD PROPERTY TRUST (STWD) : 6 investment research analysts covering STARWOOD PROPERTY TRUST (STWD) have an average price target of $23.83 for the near short term. The highest target price given by the Brokerage Firm to the stock is $24 and the lowest target is $23 for the short term. Analysts expect the variance to be within $0.41 of the average price.
STARWOOD PROPERTY TRUST (STWD) : Zacks Investment Research ranks STARWOOD PROPERTY TRUST (STWD) as 2, which is a Buy recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 7 research analysts is 1.71, which indicates as a Buy.
Also, Compass Point downgrades its rating on STARWOOD PROPERTY TRUST (NYSE:STWD). Analysts at the Compass Point have a current rating of Neutral on the shares. The shares were previously rated Buy. The rating by the firm was issued on August 15, 2016.
STARWOOD PROPERTY TRUST (NYSE:STWD): The stock was completely flat for the day, closing at $22.90 on Thursday. The flat closing masks the intraday volatility in the stock. After opening at $22.85, the stock touched an intraday high of $22.99 and a low of $22.70. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $22.90. The total trading volume on Thursday was 2,152,145.
Starwood Property Trust, Inc. is a holding company that operates as a real estate investment trust (REIT). The Company, through its subsidiaries, focuses on originating, acquiring, financing and managing commercial mortgage loans, commercial mortgage-backed securities (CMBS), and other commercial real estate-related debt investments in the United States and Europe. The Company operates through two segments: Lending Segment, and Investing and Servicing Segment. The Companys Lending Segment represents investments in real estate-related loans and securities that are held-for-investment. The Investing and Servicing Segment includes servicing businesses in the United States and Europe, an investment business that acquires and manages real estate finance investments, and a mortgage loan business. The Company is externally managed and advised by SPT Management, LLC, an affiliate of Starwood Capital Group.