Starwood Property Trust Inc (NYSE:STWD) finished Friday with an addition of $0.06 to close at $19.35, an upside of 0.31 percent. An average of 2,697,720 shares of common stock have been traded in the last five days. There was a fall of -$0.55 in the past week, and it reached a new high 11 times over the past 12 months. The last 20 days have seen an average of 2,480,365 shares traded, while the 50-day average volume stands at 2,307,290.
STWD stock has decreased by -5.19% in the last month. The company shares reached their 1-month lowest point of $18.88 on 09/28/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $16.06 and a high of $21.73 in 52 weeks. It has reached a new high 16 times so far this year and achieved 5.56% or $1.02 in price. In spite of this, the price is down -10.95% from the 52-week high.
Top 5 AI Stocks to Buy for 2023
The artificial intelligence (AI) revolution is already here. And it's about to change everything we know about everything.
According to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. And investors like you always want to get in on the hottest stocks of tomorrow. Here are five of the best ways to profit from the AI boom.
Click Here to Download the FREE Report.
Sponsored
Insider Transactions
STWD stock investors should be aware that Starwood Property Trust Inc (STWD) stock had its last reported insider trading activity 8 days ago on Sep 22. In this transaction, the insider spent $201,002. President, DiModica Jeffrey F., disposed of 20,111 shares at a price of $20.48 on Sep 21. The insider now owns more than $411,875 worth of shares. Prior to that, COO and General Counsel Sossen Andrew Jay went on to Sale 18,155 shares at $21.11 each on Nov 15. An amount of $383,323 was transacted.
Valuation Metrics
Starwood Property Trust Inc (STWD) has a trailing price-to-earnings (P/E) ratio of 11.03. The stock’s beta is 1.62. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.19, the price-to-book (PB) ratio at 0.94, and the price-to-cash flow ratio at 13.88.
The company has a payout ratio of 69.97%. The company’s most recent quarterly dividend payment was $0.48 a share, without any change from last year. Its latest decrease dividend $1.44 reported on Monday June 14 2021.
Financial Health
Further, the company has a long term debt to equity ratio of 2.83 and a total debt to equity ratio of 3.16 for the quarter ending June 29. Its gross profit as reported stood at $191.76 million compared to revenue of $1.46 billion.
Earnings Surprise
For the three-month period that ended June 29, Starwood Property Trust Inc had $14.51 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $168.84 million in the quarter, while revenues of $51.97 million were shrunk -25.73%. The analyst consensus anticipated Starwood Property Trust Inc’s latest quarter earnings to come in at $0.48 per share, but it turned out to be $0.49, a 2.10% surprise. For the quarter, EBITDA amounted to -$58.44 million. At the end of the quarter ending June 29, Starwood Property Trust Inc’s stock balance sheet showed total debt was $20.35 billion. Shareholders own equity worth $312.78 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Starwood Property Trust Inc (STWD) price momentum. RSI 9-day as of the close on 29 September was 28.84%, suggesting the stock is oversold, with historical volatility in this time frame at 21.49%.
As of today, STWD’s price is $19.49 -2.76% or -$0.55 from its 5-day moving average. STWD is currently trading -5.29% lower than its 20-day SMA and +15.45% higher than its 100-day SMA. However, the stock’s current price level is -8.73% below the SMA50 and -4.26% below the SMA200.
The stochastic %K and %D were 17.09% and 12.60%, respectively, and the average true range (ATR) was 0.40. With the 14-day stochastic at 20.89% and the average true range at 0.39, the RSI (14) stands at 35.14%. The stock has reached -0.49 on the 9-day MACD Oscillator while the 14-day reading was at -0.84.
