Analyzing Global Net Lease And Starwood Property Trust
Posted by ABMN Staff on Jul 24th, 2022
Starwood Property Trust and Global Net Lease are both finance companies, but which is the better business? We will compare the two businesses based on the strength of their institutional ownership, earnings, risk, profitability, analyst recommendations, valuation and dividends.
Starwood Property Trust Price Performance
Starwood Property Trust last released its earnings results on Wednesday, May 4th. The real estate investment trust reported $0.76 EPS for the quarter, beating analysts consensus estimates of $0.50 by $0.26. The company had revenue of $293.99 million during the quarter, compared to analysts expectations of $298.30 million. Starwood Property Trust had a return on equity of 14.86% and a net margin of 56.16%. The firms revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.47 EPS. On average, equities research analysts anticipate that Starwood Property Trust, Inc. will post 2.17 earnings per share for the current year.
What Are Real Estate Investment Trusts
A Real Estate Investment Trust is a complex investment that is generally only suitable for sophisticated high-net worth investors, and then only in certain circumstances. A REIT is an entity that owns, and may also manage, income producing real estate. REITs pool capital from multiple investors and use it to purchase properties, similar to mutual funds and other pooled investment vehicles.
A Real Estate Investment Trust can be offered in several different forms. A Public Exchange Listed REIT is registered with the U.S. Securities and Exchange Commission and is publicly traded on a national securities exchange. A Public Non-Listed REIT is registered with the SEC, but does not trade on a major securities exchange. Finally, a Private REIT, also known as a private-placement REIT, is not registered with the SEC and does not trade on a national securities exchange.
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Starwood Property Trust Announces Date For Second Quarter 2022 Earnings Release And Conference Call
Starwood Property Trust today announced that the Company will release its second quarter financial results on Thursday, August 4, 2022 before the opening of trading on the New York Stock Exchange. A conference call will be held on Thursday, August 4, 2022 at 10:00 a.m. Eastern Time.
The recent 3.9% drop in Starwood Property Trust, Inc.’s stock could come as a blow to insiders who…
Starwood Property, Arbor Realty, and Invesco Mortgage Capital are part of Zacks Industry Outlook article.
The REIT and Equity Trust industry is being battered by rising interest rates and Federal Reserve’s balance sheet reduction moves. Yet, prudent portfolio management and prepayment speed bode well for STWD, ABR and IVR.
Starwood Property Trust Stock Performance
Shares of Starwood Property Trust stock opened at $22.59 on Friday. The business has a 50-day moving average of $22.16 and a 200 day moving average of $23.34. Starwood Property Trust has a 12 month low of $19.69 and a 12 month high of $26.66. The stock has a market capitalization of $6.93 billion, a price-to-earnings ratio of 10.41 and a beta of 1.46. The company has a debt-to-equity ratio of 2.66, a current ratio of 2.54 and a quick ratio of 2.54.
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Analysts Set New Price Targets
Several equities analysts recently commented on STWD shares. Raymond James upgraded Starwood Property Trust from an outperform rating to a strong-buy rating and set a $32.00 target price for the company in a research report on Thursday, March 31st. StockNews.com started coverage on shares of Starwood Property Trust in a report on Thursday, March 31st. They set a hold rating on the stock.
Starwood Property Trust Pt Lowered To $2550
Posted by on Jul 24th, 2022
Starwood Property Trust had its price target dropped by analysts at Credit Suisse Group to $25.50 in a report issued on Friday, Stock Target Advisor reports. Credit Suisse Groups price target would suggest a potential upside of 12.88% from the companys previous close.
Several other equities analysts have also recently issued reports on the company. StockNews.com assumed coverage on Starwood Property Trust in a research note on Thursday, March 31st. They issued a hold rating for the company. Raymond James upgraded Starwood Property Trust from an outperform rating to a strong-buy rating and set a $32.00 price objective for the company in a research note on Thursday, March 31st.
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Undervalued Dividend Stocks To Buy In July 2022
Editors note: This article was updated on June 28, 2022, to clarify a P/E multiple. These are undervalued dividend stocks to buy before July 2022. These stocks have attractive dividend yields and also low valuation metrics, such as low P/E multiples, low P/book value ratios and low dividend coverage ratios. Fidelity National Financial : This title, escrow and trust company will post slightly lower revenue but higher earnings-per-share growth by 2023. This gives this undervalued stock at a
Starwood Property Trust Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 15th. Investors of record on Thursday, June 30th were issued a $0.48 dividend. The ex-dividend date was Wednesday, June 29th. This represents a $1.92 annualized dividend and a yield of 8.51%. Starwood Property Trusts payout ratio is 88.48%.
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After Plunging 138% In 4 Weeks Here’s Why The Trend Might Reverse For Starwood Property Trust
Starwood Property Trust has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Dividend Stocks To Buy For May With Yields Over 6%
With stability becoming a major concern under present volatile conditions, these high-yielding dividend stocks to buy offer much-needed comfort. Rio Tinto : Featuring a yield of nearly 12% and a relevant business, RIO deserves a long look among dividend stocks to buy. China Petroleum & Chemical : While suffering from the pandemic and severe geopolitical headwinds, the core business remains pertinent. BHP Group : Offering a double whammy of copper and petroleum (among other essenti
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Starwood Real Estate Income Trust And Morningstar Properties Form Joint Venture Focused On The Self
MIAMI, Jan. 4, 2022 /PRNewswire/ — Starwood Real Estate Income Trust, Inc. , a non-listed REIT managed by a subsidiary of Starwood Capital Group , and Morningstar Properties, LLC , a leading owner and operator of self-storage facilities under the Morningstar Storage brand, today announced the formation of a joint venture to own and operate high-quality stabilized assets in the self-storage sector. The joint venture includes the recapitalization of 25 assets owned by Morningstar owned and managed funds, as well as a commitment of capital to continue acquiring assets in the sector under the Morningstar brand.
Ethan Bing, Managing Director at Starwood Capital, said, “We look forward to partnering with Morningstar and adding self-storage into SREIT’s portfolio of assets. The sector’s stable cash flows fit well with SREIT’s yield and long-term hold objectives. Morningstar is a best-in-class branded operator and this partnership provides immediate scale in a fragmented sector in addition to creating a platform for substantial growth.”
David Benson, Morningstar’s CEO, commented, “This is an exciting day for Morningstar and a testament to our success over the past 40 years in the storage sector. Combining our recognized brand and acquisition and operations expertise with Starwood’s investment capabilities and financial backing creates a powerful partnership that we expect will grow considerably in the coming years.”
Starwood Property Trust’s Balance Sheet
The adjusted-on balance sheet leverage of 2.5x puts it near the bottom of the peer group . Starwood ended last quarter with $2.5 billion in unencumbered assets, a healthy 2.3x interest coverage ratio, and unmatched $22.9 billion capitalization. Starwood is two notches from investment grade and one of the better rated mREITs.
We won’t be surprised if Starwood moves up to Ba1 in the next 1-2 years and eventually the lowest rung of investment grade in the medium-term. The reasons are the loan portfolio continues to move toward first lien mortgage loans and growth in the infrastructure lending and physical property portfolio both bolster its credit standing .
Near and medium-term maturities are modest against Starwood’s liquidity profile with the first large slug of debt coming due in 2026.
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Who Is Starwood Real Estate Income Trust
Starwood Real Estate Income Trust is a real estate investment trust company offering investment and real estate services. Starwood Real Estate Income Trust is headquartered inRead More
Starwood Real Estate Income Trust Inc
Starwood Real Estate Investment Trust
Starwood Property Trust Announces Date For First Quarter 2022 Earnings Release And Conference Call
Starwood Property Trust today announced that the Company will release its first quarter financial results on Wednesday, May 4, 2022 before the opening of trading on the New York Stock Exchange. A conference call will be held on Wednesday, May 4, 2022 at 10:00 a.m. Eastern Time.
Investors need to pay close attention to Starwood Property stock based on the movements in the options market lately.
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Insider & Institutional Ownership
46.1% of Starwood Property Trust shares are owned by institutional investors. Comparatively, 71.7% of Global Net Lease shares are owned by institutional investors. 5.0% of Starwood Property Trust shares are owned by insiders. Comparatively, 0.2% of Global Net Lease shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Truist Financial Corp Sells 17037 Shares Of Starwood Property Trust Inc
Posted by admin on Jul 20th, 2022
Truist Financial Corp trimmed its stake in shares of Starwood Property Trust, Inc. by 16.8% during the 1st quarter, Holdings Channel.com reports. The fund owned 84,640 shares of the real estate investment trusts stock after selling 17,037 shares during the quarter. Truist Financial Corps holdings in Starwood Property Trust were worth $2,046,000 at the end of the most recent quarter.
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Starwood Property Trust Reports Results For Quarter Ended March 31 2022
Starwood Property Trust, Inc. today announced operating results for the fiscal quarter ended March 31, 2022. The Company’s first quarter 2022 GAAP net income was $324.6 million, or $1.02 per diluted share, and Distributable Earnings was $240.0 million, or $0.76 per diluted share. GAAP net income reflects $173.5 million, or $0.55 per diluted share, of unrealized increases in fair value of the Woodstar Fund’s affordable housing investments, net of non-co
Annaly registers a year-over-year decline in book value per share and the average yield on interest-earning assets in Q1.
Starwood Property Trust 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.
Undervalued Dividend Stocks To Buy Before July 2022
Editors note: This article was updated on June 28, 2022, to clarify a P/E multiple. These are undervalued dividend stocks to buy before July 2022. These stocks have attractive dividend yields with low valuations. This includes low price-to-earnings multiples, low P/book value ratios, solid earnings growth, and low dividend coverage ratios. These stocks are overlooked by investors as they may be cheap for good reason. That could be due to a recession, stagflation, inflation, supply-chain d
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Starwood Property Trust Q1 2022 Earnings Call Transcript
Before the call begins, I would like to remind everyone that certain statements made in the course of this call are not based on historical information and may constitute forward-looking statements. The company undertakes no duty to update any forward-looking statements that may be made during the course of this call.
Starwood Property Trust delivered earnings and revenue surprises of 55.10% and 1.44%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Starwood Property Trust Inc
Starwood Property Trust, Inc. engages in originating, acquiring, financing and managing commercial mortgage loans and other commercial real estate debt and equity investments. It operates through the following segments: Real Estate Commercial and Residential Lending, Real Estate Property, Infrastructure Lending and Real Estate Investing and Servicing. The Real Estate Commercial and Residential Lending segment includes commercial first and subordinated mortgages, mezzanine loans, preferred equity, certain residential mortgage loans, and other real estate debt investments. The Real Estate Property segment consists of acquisition and managing equity interests in stabilized commercial real estate properties, such as multi-family properties, that are held for investment. The Infrastructure Lending Segment engages primarily in originating, acquiring, financing and managing infrastructure debt investments. The Real Estate Investing and Servicing comprises servicing business that manages and works out problem assets, investment business that acquires and manages unrated, investment grade and non-investment grade, mortgage loan business which originates conduit loans for the purpose of selling loans into securitization transactions and an investment business that acquires commercial real estate assets. The company was founded on August 17, 2009, and is headquartered in Greenwich, CT.
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Hedge Funds Weigh In On Starwood Property Trust
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Marshall Wace LLP purchased a new position in shares of Starwood Property Trust in the 4th quarter worth $60,417,000. 1832 Asset Management L.P. boosted its position in Starwood Property Trust by 72.5% in the fourth quarter. 1832 Asset Management L.P. now owns 3,202,073 shares of the real estate investment trusts stock worth $78,885,000 after purchasing an additional 1,345,645 shares during the last quarter. Waterfront Capital Partners LLC bought a new stake in shares of Starwood Property Trust during the 4th quarter valued at about $17,240,000. Renaissance Technologies LLC purchased a new stake in shares of Starwood Property Trust during the 4th quarter valued at about $14,657,000. Finally, Geode Capital Management LLC increased its position in shares of Starwood Property Trust by 11.9% during the 4th quarter. Geode Capital Management LLC now owns 4,841,564 shares of the real estate investment trusts stock valued at $118,151,000 after purchasing an additional 513,432 shares during the last quarter. Institutional investors own 46.13% of the companys stock.
Examples Of Starwood Reit In A Sentence
GENERAL PARTNER: STARWOOD REAL ESTATE INCOME TRUST, INC By: Name: Title: SPECIAL LIMITED PARTNER: STARWOOD REIT SPECIAL LIMITED PARTNER, L.L.C. By: Starwood Real Estate Income Holdings, L.P. Its: Sole Member By: Starwood Real Estate Income Holdings GP, L.L.C. Its: General Partner By: Name: Title: EXHIBIT A Partner Type of Interest Contribution Agreed Value of Contribution Class T Units Class S Units Class D Units Class I Units Percentage Interest GENERAL PARTNER: Starwood Real Estate Income Trust, Inc.
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Real Estate Stocks To Buy For Dividend Income
These real estate stocks to buy offer investors ample dividend income to fight off the inflationary pressures in the economy Annaly Capital Management : Its beat on both top and bottom lines in Q1 2022 looks very promising. Chimera Investment : A decline of 36% in 2022 makes it a bargain now for a very attractive dividend yield. Ellington Financial : Its currently trading below its estimated book value per share. Starwood Property Trust : Moderate losses of nearly 7% in 202
The main point of investing for the long term is to make money. But more than that, you probably want to see it rise…
Starwood Real Estate Income Trusts $18 Billion Follow
Starwood Real Estate Income Trust, Inc. filed a preliminary prospectus on February 8, 2021, to offer on a continuous basis up to $18 billion in shares of common stock, consisting of up to $16 billion in shares in its primary offering and up to $2 billion in shares pursuant to its distribution reinvestment program.
Starwood Real Estate Income Trust, Inc. invests primarily in stabilized, income-oriented commercial real estate. The REIT is externally managed by its advisor, Starwood REIT Advisors, L.L.C. The Advisor is an affiliate of the REITs sponsor, Starwood Capital Group Holdings, L.P., a leading global investment manager. The REITs objective is to bring Starwood Capitals leading institutional-quality real estate investment platform to income-focused investors. Starwood Real Estate Income Trust is a nontraded REIT.
The REIT is offering to sell any combination of four classes of shares of common stock, Class T common stock, Class S common stock, Class D common stock and Class I common stock, with a dollar value up to the maximum offering amount. The share classes have different upfront selling commissions and dealer manager fees, and different ongoing stockholder servicing fees. The purchase price per share for each class of common stock will vary and generally will equal the prior months net asset value per share, as determined monthly, plus applicable upfront selling commissions and dealer manager fees.
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Analyst Upgrades And Downgrades
A number of equities research analysts have recently weighed in on STWD shares. Raymond James upgraded Starwood Property Trust from an outperform rating to a strong-buy rating and set a $32.00 price objective on the stock in a research report on Thursday, March 31st. StockNews.com started coverage on Starwood Property Trust in a research report on Thursday, March 31st. They issued a hold rating on the stock.