Starwood Property Trust Inc (NYSE: STWD) has reported E.P.S. of $0.24 for its second fiscal quarter (ending June 30) versus $0.54 for the same period a year ago — a decline of -56%. This result fell short of the consensus estimate of $0.49 by $-0.25. E.P.S. were $1.10 for the latest four quarters through June 30 versus $1.77 for the same period a year ago — a decline of -38%.
Recent Price Action
Starwood Property Trust Inc (NYSE: STWD) stock enjoyed a large increase of 2.7% on 8/6/24. The stock closed at $19.35. Moreover, trading volume in this advance was above average at 126% of normal. Relative to the market the stock has been weak over the last nine months and has declined -3.0% during the last week.
Current PriceTarget Research Rating
STWD’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Starwood Property Trust has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Starwood Property Trust has a good Appreciation Score of 77 but a slightly negative Power Rating of 33, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment