(STWD) Starwood Property Trust - Ratings and Ratios
Mortgages, Loans, Securities, Properties, Infrastructure
Dividends
| Dividend Yield | 10.42% |
| Yield on Cost 5y | 16.11% |
| Yield CAGR 5y | 0.00% |
| Payout Consistency | 93.7% |
| Payout Ratio | 109.1% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 17.6% |
| Value at Risk 5%th | 29.6% |
| Relative Tail Risk | 2.35% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.06 |
| Alpha | -10.64 |
| CAGR/Max DD | 0.40 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.455 |
| Beta | 0.679 |
| Beta Downside | 0.793 |
| Drawdowns 3y | |
|---|---|
| Max DD | 23.15% |
| Mean DD | 6.14% |
| Median DD | 5.03% |
Description: STWD Starwood Property Trust November 06, 2025
Starwood Property Trust, Inc. (NYSE: STWD) is a REIT that generates earnings from four distinct business lines: (1) Commercial and Residential Lending – originating and managing a broad spectrum of mortgage-backed assets, including first-mortgage, non-agency, mezzanine, and CMBS exposures; (2) Infrastructure Lending – providing debt financing to core infrastructure projects; (3) Property – holding equity stakes in stabilized or value-add commercial real-estate, notably multifamily assets; and (4) Investing and Servicing – working out problem loans, managing unrated and investment-grade CMBS, and originating conduit loans for securitization. The REIT must distribute at least 90 % of taxable income to avoid corporate tax, a requirement that underpins its high dividend yield policy.
Key operating metrics (as of FY 2023) include a loan portfolio of roughly $30 bn with a weighted-average loan-to-value of 71 % and a net interest margin of 4.2 %, reflecting sensitivity to the Federal Reserve’s rate trajectory. The company’s dividend yield hovered near 9 % and its NAV per share was $15.8, roughly 10 % below the market price, indicating a modest discount that may appeal to yield-focused investors. Sector-wide, rising interest rates and tightening credit standards are pressuring commercial-mortgage-backed-securities spreads, while infrastructure debt demand is buoyed by government stimulus and ESG-linked financing trends.
For a deeper, data-driven assessment of STWD’s valuation assumptions and scenario outcomes, the ValueRay platform offers a transparent, model-based analysis worth reviewing.
Piotroski VR‑10 (Strict, 0-10) 1.0
| Net Income (366.3m TTM) > 0 and > 6% of Revenue (6% = 109.9m TTM) |
| FCFTA 0.01 (>2.0%) and ΔFCFTA 0.72pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -16.71% (prev -27.68%; Δ 10.97pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.01 (>3.0%) and CFO 784.7m > Net Income 366.3m (YES >=105%, WARN >=100%) |
| Net Debt (10.84b) to EBITDA (1.54b) ratio: 7.04 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.70 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (337.1m) change vs 12m ago 5.43% (target <= -2.0% for YES) |
| Gross Margin 79.42% (prev 90.58%; Δ -11.16pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 2.89% (prev 3.29%; Δ -0.39pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 1.18 (EBITDA TTM 1.54b / Interest Expense TTM 1.25b) >= 6 (WARN >= 3) |
Altman Z'' 0.13
| (A) -0.00 = (Total Current Assets 727.5m - Total Current Liabilities 1.03b) / Total Assets 62.43b |
| (B) 0.00 = Retained Earnings (Balance) 42.6m / Total Assets 62.43b |
| (C) 0.02 = EBIT TTM 1.48b / Avg Total Assets 63.33b |
| (D) 0.00 = Book Value of Equity 58.3m / Total Liabilities 54.86b |
| Total Rating: 0.13 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 59.68
| 1. Piotroski 1.0pt |
| 2. FCF Yield 4.40% |
| 3. FCF Margin 42.44% |
| 4. Debt/Equity 1.62 |
| 5. Debt/Ebitda 7.04 |
| 6. ROIC - WACC (= 3.00)% |
| 7. RoE 5.61% |
| 8. Rev. Trend 59.49% |
| 9. EPS Trend -69.98% |
What is the price of STWD shares?
Over the past week, the price has changed by +1.04%, over one month by +2.90%, over three months by -7.83% and over the past year by +0.43%.
Is STWD a buy, sell or hold?
- Strong Buy: 2
- Buy: 3
- Hold: 3
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the STWD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 21.6 | 17% |
| Analysts Target Price | 21.6 | 17% |
| ValueRay Target Price | 20.1 | 9% |
STWD Fundamental Data Overview December 09, 2025
P/E Trailing = 17.7087
P/E Forward = 9.98
P/S = 14.124
P/B = 0.9841
P/EG = 2.73
Beta = 1.168
Revenue TTM = 1.83b USD
EBIT TTM = 1.48b USD
EBITDA TTM = 1.54b USD
Long Term Debt = 9.88b USD (from longTermDebt, last quarter)
Short Term Debt = 1.26b USD (from shortTermDebt, last quarter)
Debt = 11.14b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 10.84b USD (from netDebt column, last quarter)
Enterprise Value = 17.68b USD (6.93b + Debt 11.14b - CCE 390.6m)
Interest Coverage Ratio = 1.18 (Ebit TTM 1.48b / Interest Expense TTM 1.25b)
FCF Yield = 4.40% (FCF TTM 777.7m / Enterprise Value 17.68b)
FCF Margin = 42.44% (FCF TTM 777.7m / Revenue TTM 1.83b)
Net Margin = 19.99% (Net Income TTM 366.3m / Revenue TTM 1.83b)
Gross Margin = 79.42% ((Revenue TTM 1.83b - Cost of Revenue TTM 377.1m) / Revenue TTM)
Gross Margin QoQ = 96.74% (prev 96.95%)
Tobins Q-Ratio = 0.28 (Enterprise Value 17.68b / Total Assets 62.43b)
Interest Expense / Debt = 3.01% (Interest Expense 334.8m / Debt 11.14b)
Taxrate = 14.31% (13.3m / 93.3m)
NOPAT = 1.27b (EBIT 1.48b * (1 - 14.31%))
Current Ratio = 0.70 (Total Current Assets 727.5m / Total Current Liabilities 1.03b)
Debt / Equity = 1.62 (Debt 11.14b / totalStockholderEquity, last quarter 6.86b)
Debt / EBITDA = 7.04 (Net Debt 10.84b / EBITDA 1.54b)
Debt / FCF = 13.94 (Net Debt 10.84b / FCF TTM 777.7m)
Total Stockholder Equity = 6.53b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.59% (Net Income 366.3m / Total Assets 62.43b)
RoE = 5.61% (Net Income TTM 366.3m / Total Stockholder Equity 6.53b)
RoCE = 9.01% (EBIT 1.48b / Capital Employed (Equity 6.53b + L.T.Debt 9.88b))
RoIC = 7.85% (NOPAT 1.27b / Invested Capital 16.13b)
WACC = 4.86% (E(6.93b)/V(18.07b) * Re(8.52%) + D(11.14b)/V(18.07b) * Rd(3.01%) * (1-Tc(0.14)))
Discount Rate = 8.52% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 3.72%
[DCF Debug] Terminal Value 75.04% ; FCFE base≈601.2m ; Y1≈547.7m ; Y5≈482.1m
Fair Price DCF = 21.51 (DCF Value 7.97b / Shares Outstanding 370.3m; 5y FCF grow -11.12% → 3.0% )
EPS Correlation: -69.98 | EPS CAGR: -23.64% | SUE: -1.02 | # QB: 0
Revenue Correlation: 59.49 | Revenue CAGR: 13.74% | SUE: 0.18 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.43 | Chg30d=-0.034 | Revisions Net=-5 | Analysts=7
EPS next Year (2026-12-31): EPS=1.84 | Chg30d=-0.085 | Revisions Net=-7 | Growth EPS=+8.9% | Growth Revenue=+10.7%
Additional Sources for STWD Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle