STWD Stock Analysis: Starwood Property Trust | NYSE
REIT - Mortgage | NYSE, USA | Market Cap: 4.929m USD | 12M Return: -23.7% | US85571B1052 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 75.8M
EPS Trend: -88.6%
Qual. Beats: 0
Rev. Trend: -54.2%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 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. (STWD) is a real estate investment trust (REIT) that operates across the United States and internationally through four business segments: Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing. As a mortgage REIT, the company primarily generates income from real estate-related debt investments, including commercial first mortgages, mezzanine loans, CMBS, and residential mortgage-backed securities, rather than from direct property ownership like equity REITs. Its Property segment does hold equity interests in stabilized commercial real estate, including multifamily and net lease assets, but lending activities represent a core part of the business model.
The companys Investing and Servicing segment focuses on managing problem assets, acquiring unrated and rated CMBS, originating conduit loans for securitization, and acquiring distressed commercial real estate from CMBS trusts. As a REIT, Starwood Property Trust must distribute at least 90% of its taxable income to shareholders to maintain its tax-exempt status at the corporate level. The company was incorporated in 2009 and is headquartered in Miami Beach, Florida, trading on the NYSE under the ticker STWD.
- Net interest margin compresses as Fed cuts rates
- Commercial real estate distress drives loan loss provisions higher
- Property segment NOI expands on multifamily acquisitions
| 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 October 09, 2026, the stock is trading at USD 12.75 with a total of 7,982,131 shares traded. Over the past week, the price has changed by -3.26%, over one month by -16.93%, over three months by -19.81% and over the past year by -23.73%.
Current recommended Stop Loss: 12.20 (which is 4.3% or 1.6 ATR below the current price).
Starwood Property Trust has received a consensus analysts rating of 4.11. Therefore, it is recommended to buy STWD.
- StrongBuy: 3
- Buy: 4
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 19.9 | 55.9% |
P/E Trailing = 21.6333
P/E Forward = 9.98
P/S = 8.2531
P/B = 0.8373
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 = 28.2b USD (4.93b + Debt 23.7b - CCE 452.4m)
Interest Coverage Ratio = 1.22 (Ebit TTM 1.64b / Interest Expense TTM 1.34b)
EV/FCF = 64.23x (Enterprise Value 28.2b / FCF TTM 438.6m)
FCF Yield = 1.56% (FCF TTM 438.6m / Enterprise Value 28.2b)
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 = 0.46 (Enterprise Value 28.2b / 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 = 5.40% (E(4.93b)/V(28.6b) * Re(7.29%) + D(23.7b)/V(28.6b) * Rd(5.66%) * (1-Tc(0.12)))
Discount Rate = 7.29% (= 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=0.31 | Chg30d=+0.00% | Revisions=-62% | Analysts=7
EPS current Year (2026-12-31): EPS=1.53 | Chg30d=+0.00% | Revisions=-67% | GrowthEPS=-9.7% | GrowthRev=+15.2%
EPS next Year (2027-12-31): EPS=1.90 | Chg30d=+0.26% | Revisions=-40% | GrowthEPS=+24.3% | GrowthRev=+8.6%
[Analyst] Revisions Ratio: -81% (up=0, down=13)