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.
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.
