Starwood Property Trust Inc

Starwood Property Trust Inc

STWD · NYSE · Real Estate / REIT - Mortgage

11.34USD-0.10 (-0.87%)

Price History

Full chart

Market Stats

Previous Close11.44
Open11.54
Day Range11.24 – 11.54
52-Week Range14.15 – 18.01
Volume7.26M
Market Cap5.45B
P/E (TTM)24.34
Forward P/E9.98
EPS0.59
Dividend Yield13.37%
Beta1.03
50-Day Avg16.01
200-Day Avg17.27

About

Starwood Property Trust, Inc. operates as a real estate investment trust (REIT) in the United States and internationally. It operates through four segments: Commercial and Residential Lending; Infrastructure Lending; Property; and Investing and Servicing. The Commercial and Residential Lending segment originates, acquires, finances, and manages commercial first mortgages, non-agency residential mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), and residential mortgage-backed securities, as well as other real estate and real estate-related debt investments, including distressed or non-performing loans. Its Infrastructure Lending segment originates, acquires, finances, and manages infrastructure debt investments. The Property segment engages primarily in acquiring and managing equity interests in stabilized and to be stabilized commercial real estate properties, including multifamily properties, multi-tenant medical office net lease properties and diversified single-tenant triple net lease properties that are held for investment. Its Investing and Servicing segment manages and works out problem assets; acquires and manages unrated, investment grade, and non-investment grade rated CMBS comprising subordinated interests of securitization and re-securitization transactions; originates conduit loans for the primary purpose of selling these loans into securitization transactions; and acquires commercial real estate assets that include properties acquired from CMBS trusts. The company qualifies as a REIT for federal income tax purposes and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Starwood Property Trust, Inc. was incorporated in 2009 and is headquartered in Miami Beach, Florida.

Company Details

  • SectorReal Estate
  • IndustryREIT - Mortgage
  • CEOMr. Barry Stuart Sternlicht
  • Employees324
  • Headquarters2340 Collins Avenue, Miami Beach, FL, United States, 33139, USA
  • Websitehttps://www.starwoodpropertytrust.com

Leadership

  • Mr. Barry Stuart SternlichtCEO & Non-Independent Executive Chairman of the Board · b. 1961
  • Mr. Jeffrey F. DiModica C.F.A.President & Director · b. 1967
  • Ms. Rina Paniry CPACFO, Treasurer, Principal Financial Officer & Chief Accounting Officer · b. 1974
  • Ms. Beverly HernandezChief Information Officer
  • Mr. Zachary H. TanenbaumMD & Head of Investor Strategy · b. 1984
  • Ms. Heather Nell BennettGeneral Counsel & Chief Compliance Officer
  • Ms. Lindy SmileyChief HR Officer & MD
  • Mr. Adam BehlmanPresident of Real Estate Investing & Servicing
  • Mr. Dennis G. SchuhChief Originations Officer · b. 1973
  • Mr. Cary CarpenterManaging Director

Financials

Income Statement

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue5.02M89.32M172.32M284.50M594.94M714.39M757.80M786.29M880.59M1.11B1.32B1.14B1.19B1.55B2.05B2.04B1.88B
Growth (%)-+1678.22%+92.92%+65.10%+109.12%+20.08%+6.08%+3.76%+11.99%+26.42%+18.43%-13.75%+4.49%+30.70%+32.12%-0.53%-7.88%
Cost of Revenue7.47M30.05M50.92M75.39M141.14M164.14M194.68M316.22M405.58M522.55M469.88M437.69M448.92M302.89M290.38M281.63M366.53M
Gross Profit5.02M89.32M172.32M284.50M453.80M550.25M563.12M470.06M475.00M590.70M848.56M699.49M739.34M1.25B1.76B1.76B1.51B
Gross Margin100.00%100.00%100.00%100.00%76.28%77.02%74.31%59.78%53.94%53.06%64.36%61.51%62.22%80.50%85.85%86.20%80.51%
Operating Expense6.14M16.06M23.37M35.16M128.44M69.60M-122.84M-144.65M67.68M-28.38M-18.82M55.95M-58.17M188.00M347.32M115.71M80.87M
Operating Income-1.11M73.26M148.95M249.34M325.35M480.64M685.96M614.71M407.33M619.08M867.38M643.54M797.51M1.06B1.41B1.64B1.43B
Operating Margin-22.16%82.02%86.44%87.64%54.69%67.28%90.52%78.18%46.26%55.61%65.79%56.59%67.12%68.39%68.92%80.53%76.20%
EBITDA-1.11M73.26M148.95M249.34M466.91M702.54M700.21M673.26M833.56M967.40M1.17B902.07M1.03B1.85B1.90B1.80B1.84B
EBITDA Margin-22.16%82.02%86.44%87.64%78.48%98.34%92.40%85.62%94.66%86.90%88.91%79.32%86.73%118.84%92.82%88.08%97.80%
Net Income-3.02M57.05M119.38M201.19M305.03M495.02M450.70M365.19M400.77M385.83M509.66M331.69M447.74M871.48M339.21M359.93M411.54M
Net Income Margin-60.06%63.87%69.28%70.72%51.27%69.29%59.47%46.44%45.51%34.66%38.66%29.17%37.68%56.11%16.53%17.63%21.89%
R&D--000000.480.50.380.420.340.420.640.2--
R&D as % of Total Revenue--0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense1.90M15.79M28.78M47.13M118.35M161.10M202.55M230.80M295.67M408.19M508.73M419.76M445.09M797.12M1.44B1.35B1.28B
Interest Expense % of Total Revenue37.91%17.68%16.70%16.56%19.89%22.55%26.73%29.35%33.58%36.67%38.59%36.91%37.46%51.32%69.99%66.08%67.92%

Balance Sheet

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.11B2.10B3.00B4.32B110.77B116.10B85.74B77.26B62.94B68.26B78.04B80.87B83.85B79.04B69.50B62.56B63.18B
Total Liabilities212.75M764.18M1.23B1.53B106.44B112.22B81.57B72.70B58.36B63.36B72.91B76.01B77.20B71.84B62.48B55.36B55.69B
Total Equity887.97M1.33B1.76B2.72B4.28B3.86B4.17B4.56B4.58B4.90B5.14B4.86B6.65B7.20B6.25B6.44B6.80B
Cash645.13M226.85M114.03M177.67M317.63M255.19M368.81M615.52M369.45M239.82M478.39M563.22M217.36M261.06M194.66M377.83M499.48M
Total Debt171.39M579.66M1.10B1.39B3.44B4.69B10.75B6.20B8.51B12.25B13.00B14.20B18.37B21.92B8.87B9.01B22.09B
Net Debt-473.74M352.81M989.49M1.22B3.12B4.43B5.06B5.59B7.60B10.52B11.28B6.44B16.80B21.57B8.67B8.63B21.59B

Cash Flow

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow5.59M-99.67M79.40M265.58M326.31M220.71M612.51M556.63M-246.84M585.47M-13.20M1.05B-989.98M213.74M528.60M646.59M977.85M
Investing Cash Flow-460.25M-1.17B-1.00B-1.19B-2.83B-1.71B-400.80M-812.82M-1.04B-2.52B-775.87M-911.80M-4.28B-2.95B855.07M2.08B-3.78B
Financing Cash Flow1.10B847.11M809.83M986.73M2.64B1.44B-93.58M505.49M1.05B2.00B876.72M13.28M4.87B2.80B-1.45B-2.49B2.92B
Capital Expenditure000167.61M2.24B37.88M104.25M232.53M573.93M54.77M30.86M25.16M26.27M25.23M25.09M27.94M269.04M
Free Cash Flow5.59M-99.67M79.40M265.58M-1.91B182.83M508.26M789.16M-820.77M530.70M-44.06M1.02B-1.02B188.52M503.51M618.65M708.81M
Dividends Paid-44.25M142.85M186.10M300.97M401.66M446.85M458.35M501.66M509.97M538.42M546.88M553.93M591.46M601.19M620.00M668.86M
FCF to OCF100.00%100.00%100.00%100.00%-586.48%82.84%82.98%141.77%332.51%90.64%333.84%97.59%102.65%88.20%95.25%95.68%72.49%
Dividend Paid to FCF--44.40%179.91%70.07%-15.73%219.69%87.92%58.08%-61.12%96.09%-1221.91%53.60%-54.51%313.74%119.40%100.22%94.36%

Earnings

Report DateNov 16, 2009Mar 8, 2010May 10, 2010Aug 9, 2010Nov 9, 2010Mar 1, 2011May 10, 2011Aug 2, 2011Nov 4, 2011Mar 2, 2012May 8, 2012Aug 7, 2012Nov 7, 2012Feb 27, 2013May 8, 2013Aug 6, 2013Nov 7, 2013Feb 26, 2014May 6, 2014Aug 6, 2014Nov 5, 2014Feb 25, 2015May 5, 2015Aug 4, 2015Nov 5, 2015Feb 25, 2016May 9, 2016Aug 4, 2016Nov 2, 2016Feb 23, 2017May 9, 2017Aug 9, 2017Nov 8, 2017Feb 28, 2018May 4, 2018Aug 8, 2018Nov 9, 2018Feb 28, 2019May 8, 2019Aug 7, 2019Nov 8, 2019Feb 25, 2020May 4, 2020Aug 5, 2020Nov 5, 2020Feb 25, 2021May 6, 2021Aug 5, 2021Nov 9, 2021Feb 25, 2022May 4, 2022Aug 4, 2022Nov 9, 2022Mar 1, 2023May 4, 2023Aug 3, 2023Nov 8, 2023Feb 22, 2024May 8, 2024Aug 6, 2024Nov 6, 2024Feb 20, 2025May 9, 2025Aug 7, 2025Nov 10, 2025Feb 25, 2026May 8, 2026Aug 6, 2026Nov 9, 2026
EPS Estimate0.030.040.160.290.370.390.440.440.430.420.520.410.440.420.460.460.540.550.540.500.510.490.530.530.530.530.500.500.510.500.500.510.540.530.530.530.530.530.520.520.520.530.500.410.470.480.490.510.510.530.510.500.520.500.500.480.470.480.460.490.470.470.450.400.440.410.400.370.31
EPS Actual-0.04-0.020.120.230.520.320.430.430.420.420.580.450.500.480.430.420.610.620.600.510.550.500.550.530.560.550.500.500.590.500.510.520.650.550.580.540.530.540.280.520.520.470.550.430.500.500.500.510.521.100.760.510.510.500.490.490.490.580.590.480.480.480.450.410.400.420.350.36-
Surprise-233.33%-150.00%-25.00%-20.69%40.54%-17.95%-2.27%-2.27%-2.33%0.00%11.54%9.76%13.64%14.29%-6.52%-8.70%12.96%12.73%11.11%2.00%7.84%2.04%3.77%0.00%5.66%3.77%0.00%0.00%15.69%0.00%2.00%1.96%20.37%3.77%9.43%1.89%0.00%1.89%-46.15%0.00%0.00%-11.32%10.00%4.88%6.38%4.17%2.04%0.00%1.96%107.55%49.02%2.00%-1.92%0.00%-2.00%2.08%4.26%20.83%28.26%-2.04%2.13%3.20%0.00%2.50%-9.09%2.44%-12.50%-2.70%-
TimingPre-market-After-hoursAfter-hoursAfter-hoursAfter-hours-Pre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-market

Key Statistics & Ratios

Market Cap5.45B
Enterprise Value29.39B
Trailing P/E24.34
Forward P/E9.98
PEG Ratio1.74
Price / Sales9.13
Price / Book0.84
EPS0.59
Book Value17.54
Revenue (TTM)597.28M
Gross Profit (TTM)516.36M
Profit Margin38.16%
Operating Margin-5.87%
Return on Equity3.69%
Return on Assets0.43%
Shares Outstanding370.17M
Shares Float352.16M
Beta1.03
Dividend Yield13.37%
Dividend Rate1.92
Payout Ratio125.49%

Analyst Ratings

Buy
Based on 8 analystsTarget 19.88
  • Strong Buy
    2
  • Buy
    3
  • Hold
    3

Ownership Breakdown

Institutions
53.05%
Insiders
5.83%
Retail / Other
41.12%

Top Institutional Holders

  • BlackRock Inc
    35.25M9.52%
  • Vanguard Capital Management, LLC
    15.59M4.21%
  • Vanguard Portfolio Management, LLC
    15.10M4.08%
  • State Street Corp
    11.80M3.19%
  • Morgan Stanley - Brokerage Accounts
    7.43M2.01%
  • Geode Capital Management, LLC
    6.59M1.78%
  • Ameriprise Financial Inc
    5.71M1.54%
  • Northern Trust Corp
    5.43M1.47%
  • Advisors Capital Management, LLC
    4.28M1.16%
  • HighTower Advisors, LLC
    2.80M0.76%
  • Wells Fargo & Co
    2.72M0.74%
  • Charles Schwab Investment Management Inc
    2.57M0.69%
  • Bank of New York Mellon Corp
    2.45M0.66%
  • JPMorgan Chase & Co
    2.25M0.61%

Top Fund Holders

  • iShares Core S&P Mid-Cap ETF
    12.21M3.30%
  • Vanguard MStar Total Stk Mkt Idx Invest
    11.20M3.03%
  • Vanguard Small Cap Index
    8.11M2.19%
  • Vanguard MStar Small Cap Value Index
    5.15M1.39%
  • iShares Mortgage Real Estate Capped ETF
    2.57M0.69%
  • State Street® SPDR® S&P MIDCAP 400® ETF
    2.55M0.69%

Dividends

20262×
0.48Jun 30, 20260.48Mar 31, 2026
20254×
0.48Dec 31, 20250.48Sep 30, 20250.48Jun 30, 20250.48Mar 31, 2025
20244×
0.48Dec 31, 20240.48Sep 30, 20240.48Jun 28, 20240.48Mar 27, 2024
20234×
0.48Dec 28, 20230.48Sep 28, 20230.48Jun 29, 20230.48Mar 30, 2023
20224×
0.48Dec 29, 20220.48Sep 29, 20220.48Jun 29, 20220.48Mar 30, 2022
20214×
0.48Dec 30, 20210.48Sep 29, 20210.48Jun 29, 20210.48Mar 30, 2021
20202×
0.48Dec 30, 20200.48Sep 29, 2020

Stock Splits

  • Feb 3, 201412402:10000