STWD Stock Analysis: Starwood Property Trust | NYSE
REIT - Mortgage | NYSE, USA | Market Cap: 6.251m USD | 12M Return: -7.8% | US85571B1052 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 68.5M
EPS Trend: -88.6%
Qual. Beats: 0
Rev. Trend: -54.2%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Starwood Property Trust, Inc. (NYSE: STWD) is a diversified real estate investment trust (REIT) operating across the United States and internationally through four business segments: Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing. The Commercial and Residential Lending segment is the broadest, covering first mortgages, non-agency residential mortgages, mezzanine loans, preferred equity, CMBS, RMBS, and distressed debt. The Infrastructure Lending segment extends the platform beyond traditional real estate into infrastructure debt, while the Property segment invests directly in stabilized and to-be-stabilized commercial assets such as multifamily, medical office, and triple-net lease properties. The Investing and Servicing segment focuses on workout and servicing of problem assets, CMBS acquisition, conduit loan origination for securitization, and opportunistic real estate acquisitions from CMBS trusts.
As a mortgage REIT under the GICS Financials classification, Starwood Property Trust operates primarily through debt and credit-oriented real estate investments rather than direct property ownership, distinguishing it from equity REITs. The company qualifies as a REIT for federal income tax purposes, which exempts it from corporate income tax provided it distributes at least 90% of taxable income to shareholders. Incorporated in 2009 and headquartered in Miami Beach, Florida, STWD is among the larger publicly traded diversified mortgage REITs in the U.S. market.
- Net interest margin compresses as Fed cuts short-term rates
- Commercial real estate loan loss provisions rise on office sector distress
- Conduit loan origination volumes grow on stronger CMBS issuance market
| Net Income: 227.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.34 > 1.0 |
| NWC/Revenue: -512.0% < 20% (prev -5.82%; Δ -506.1% < -1%) |
| CFO/TA 0.02 > 3% & CFO 984.7m > Net Income 227.9m |
| Net Debt (23.2b) to EBITDA (1.77b): 13.13 < 3 |
| Current Ratio: 0.06 > 1.5 & < 3 |
| Outstanding Shares: last quarter (366.7m) vs 12m ago 8.78% < -2% |
| Gross Margin: 76.69% > 18% (prev 84.14%; Δ -7.45% > 0.5%) |
| Asset Turnover: 3.28% > 50% (prev 2.93%; Δ 0.34% > 0%) |
| Interest Coverage Ratio: 1.22 > 6 (EBIT TTM 1.64b / Interest Expense TTM 1.34b) |
| A: -0.17 (Total Current Assets 653.2m - Total Current Liabilities 11.0b) / Total Assets 61.0b |
| B: -0.01 (Retained Earnings -337.9m / Total Assets 61.0b) |
| C: 0.03 (EBIT TTM 1.64b / Avg Total Assets 61.7b) |
| D: 0.12 (Book Value of Equity 6.50b / Total Liabilities 53.9b) |
| Altman-Z'' = -0.83 = CCC |
As of August 20, 2026, the stock is trading at USD 16.56 with a total of 4,609,990 shares traded. Over the past week, the price has changed by +0.61%, over one month by -0.24%, over three months by +1.26% and over the past year by -7.78%.
Current recommended Stop Loss: 16.00 (which is 3.4% or 1.7 ATR below the current price).
Starwood Property Trust has received a consensus analysts rating of 3.88. Therefore, it is recommended to buy STWD.
- StrongBuy: 2
- Buy: 3
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 20.2 | 21.9% |
P/E Trailing = 28.3793
P/E Forward = 9.7371
P/S = 10.4658
P/B = 0.9484
P/EG = 1.7352
Revenue TTM = 2.02b USD
EBIT TTM = 1.64b USD
EBITDA TTM = 1.77b USD
Long Term Debt = 12.9b USD (from longTermDebt, last quarter)
Short Term Debt = 10.8b USD (from shortTermDebt, last quarter)
Debt = 23.7b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 23.2b USD (calculated: Debt 23.7b - CCE 452.4m)
Enterprise Value = 29.5b USD (6.25b + Debt 23.7b - CCE 452.4m)
Interest Coverage Ratio = 1.22 (Ebit TTM 1.64b / Interest Expense TTM 1.34b)
EV/FCF = 67.24x (Enterprise Value 29.5b / FCF TTM 438.6m)
FCF Yield = 1.49% (FCF TTM 438.6m / Enterprise Value 29.5b)
FCF Margin = 21.68% (FCF TTM 438.6m / Revenue TTM 2.02b)
Net Margin = 11.27% (Net Income TTM 227.9m / Revenue TTM 2.02b)
Gross Margin = 76.69% ((Revenue TTM 2.02b - Cost of Revenue TTM 471.5m) / Revenue TTM)
Gross Margin QoQ = 75.43% (prev 75.22%)
Tobins Q-Ratio = 0.48 (Enterprise Value 29.5b / Total Assets 61.0b)
Interest Expense / Debt = 5.66% (Interest Expense 1.34b / Debt 23.7b)
Taxrate = 11.55% (34.6m / 299.3m)
NOPAT = 1.45b (EBIT 1.64b * (1 - 11.55%))
Current Ratio = 0.06 (Total Current Assets 653.2m / Total Current Liabilities 11.0b)
Debt / Equity = 3.65 (Debt 23.7b / totalStockholderEquity, last quarter 6.50b)
Debt / EBITDA = 13.13 (Net Debt 23.2b / EBITDA 1.77b)
Debt / FCF = 52.99 (Net Debt 23.2b / FCF TTM 438.6m)
Total Stockholder Equity = 6.71b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.37% (Net Income 227.9m / Total Assets 61.0b)
RoE = 3.40% (Net Income TTM 227.9m / Total Stockholder Equity 6.71b)
RoCE = 8.38% (EBIT 1.64b / Capital Employed (Equity 6.71b + L.T.Debt 12.9b))
RoIC = 2.39% (NOPAT 1.45b / Invested Capital 60.7b)
WACC = 5.51% (E(6.25b)/V(29.9b) * Re(7.38%) + D(23.7b)/V(29.9b) * Rd(5.66%) * (1-Tc(0.12)))
Discount Rate = 7.38% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 75.66 | Cagr: 4.68%
[DCF] Terminal Value 73.10% ; FCFF base≈527.3m ; Y1≈462.4m ; Y5≈373.6m
[DCF] Fair Price = N/A (negative equity: EV 6.00b - Net Debt 23.2b = -17.2b; debt exceeds intrinsic value)
EPS Correlation: -88.57 | EPS CAGR: -11.12% | SUE: -0.40 | # QB: 0
Revenue Correlation: -54.23 | Revenue CAGR: -3.70% | SUE: -0.16 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.40 | Chg30d=-7.70% | Revisions=-50% | Analysts=6
EPS current Year (2026-12-31): EPS=1.63 | Chg30d=-4.74% | Revisions=-29% | GrowthEPS=-3.7% | GrowthRev=+12.3%
EPS next Year (2027-12-31): EPS=1.91 | Chg30d=-0.04% | Revisions=+0% | GrowthEPS=+17.3% | GrowthRev=+11.5%
[Analyst] Revisions Ratio: -42% (up=2, down=7)