Starwood Property Trust, Inc. (NYSE:STWD) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 8, 2016
Zacks Investment Research has downgraded Starwood Property Trust, Inc. (NYSE:STWD) to Hold in a statement released on 10/06/2016.
On Monday August 15, 2016, Compass Point released a statement on Starwood Property Trust, Inc. (NYSE:STWD) upped the target price from $22.00 to $23.00 that suggested an upside of 0.02%.
Having a price of $21.81, Starwood Property Trust, Inc. (NYSE:STWD) traded -0.09% lower on the day. With the last close up 2.98% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Starwood Property Trust, Inc. has recorded a 50-day average of $22.59 and a two hundred day average of $20.95. Volume of trade was down over the average, with 1,985,914 shares of STWD changing hands under the typical 2,146,860
With a total market value of $0, Starwood Property Trust, Inc. has price-earnings ratio of 14.66 with a one year low of $16.69 and a one year high of $23.46 .
A total of 9 analysts have released a report on Starwood Property Trust, Inc.. Four analysts rating the company a strong buy, four analysts rating the company a buy, two analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $22.06.
More About Starwood Property Trust, Inc. (NYSE:STWD)
Starwood Property Trust, Inc. is a real estate investment trust. The Company operates through three business segments: Real estate lending (the Lending Segment), which engages primarily in originating, acquiring, financing and managing commercial first mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), residential mortgage-backed securities, and other real estate and real estate-related debt investments; Real estate investing and servicing (the Investing and Servicing Segment), which includes servicing businesses in the United States and Europe that manage and work out problem assets; an investment business that selectively acquires and manages unrated, investment grade and non-investment grade rated CMBS, and a mortgage loan business, and Real estate property (the Property Segment), which engages primarily in acquiring and managing equity interests in stabilized commercial real estate properties.
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