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STARWOOD PROPERTY TRUST, INC. - STWD STOCK NEWS

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Starwood Property Trust, Inc. (NYSE: STWD) operates as a leading real estate investment trust (REIT) in the United States and Europe. The company focuses on four main segments: Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing.

The Commercial and Residential Lending segment is engaged in originating, acquiring, financing, and managing commercial and residential first mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), and residential mortgage-backed securities (RMBS). The Infrastructure Lending segment focuses on infrastructure debt investments, ensuring a diversified investment portfolio.

Within the Property segment, Starwood acquires and manages equity interests in commercial real estate properties, including multi-family properties. The Investing and Servicing segment deals with the management and workout of problem assets, as well as the acquisition and management of unrated, investment-grade, and non-investment grade rated CMBS.

Starwood Property Trust has a robust investment portfolio, having deployed over $97 billion of capital since its inception. As of March 31, 2024, the company manages a portfolio exceeding $26 billion across diverse debt and equity investments. The company aims to generate attractive and stable returns for shareholders, primarily through dividends.

Recent achievements include the monetization of their Master Lease Portfolio, reflecting their success in creating value from property assets. They also demonstrated strong access to liquidity through a $600 million five-year unsecured debt issuance, marking the first such issuance in their industry in over two years.

Latest News:

  • April 9, 2024 - Starwood Property Trust to release Q1 2024 financial results on May 8, 2024.
  • March 19, 2024 - Starwood Capital announces a 10.7% equity stake acquisition in ESR Group.
  • March 15, 2024 - Declared a dividend of $0.48 per share for Q1 2024.
  • March 8, 2024 - Starwood Capital and Jaws Mustang Acquisition Corp sign LOI for business combination.
  • February 22, 2024 - Announced Q4 and full-year 2023 GAAP net income of $71 million and $339.2 million, respectively.
Rhea-AI Summary
Starwood Capital Group makes an $850 million strategic investment in Echelon Data Centres to aid in its expansion, becoming a 50% shareholder and valuing the company at approximately €2.5bn Enterprise Value. The investment includes a new €900m debt facility from Morgan Stanley and UOB. Starwood Capital has a significant global data centre business with $8 billion committed capital across 1.5 gigawatts of capacity, launching Starwood Digital Ventures for data centre investments.
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Starwood Property Trust (STWD) will release its fourth quarter and full year 2023 financial results on February 22, 2024. A conference call will be held to review performance, discuss recent events, and conduct a Q&A session. The call will also be available via webcast and a replay will be accessible for 90 days. Participants can join the call via telephone and access the full text of the earnings release on the company's website or by mail/fax upon request.
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Starwood Property Trust, Inc. (STWD) announced the tax treatment of its distributions on common stock for the year ended December 31, 2023. The total dividend per share was $1.9200, with $1.8428 being taxable as ordinary dividends and $0.0772 as total capital gain distribution. The Company also provided details of the distribution for each quarter of the year.
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Starwood Capital Group announces the launch of Starwood Digital Ventures, a platform dedicated to the Firm's growing global data center investment strategy, which currently includes $8 billion in assets. The Firm has also entered into a strategic alliance with Worldwide Mission Critical to support anticipated growth.
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Starwood Capital Group (SCG) has acquired a portfolio of 10 hotels from Edwardian Group for an undisclosed sum via an off-market transaction. The portfolio comprises 10 hotels with 2,053 rooms. The acquisition adds to SCG's existing portfolio of European hotel investments, which following the transaction will comprise 47 hotels / c.10,000 rooms across Europe.
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Starwood Property Trust, Inc. (NYSE: STWD) declares $0.48 per share dividend for Q4 2023
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Starwood Property Trust, Inc. (NYSE: STWD) reported GAAP earnings of $0.15 and Distributable Earnings of $0.49 per Diluted Share for the fiscal quarter ended September 30, 2023. The company originated or acquired $652 million of assets in the quarter and $1.5 billion year-to-date, while receiving repayments of $1.1 billion in the quarter and $2.9 billion year-to-date. They also repaid $300 million of senior notes at maturity subsequent to quarter end and paid a dividend of $0.48 per share. The company's third-quarter 2023 GAAP net income was $47.4 million, and Distributable Earnings (a non-GAAP financial measure) was $158.4 million.
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Radial Power announces the Kelso Drive solar project, a 4.6MWdc multimodal solar system installation in Baltimore's Marshfield Business Park. The project will offset over 4,110 metric tons of CO2 annually, equivalent to removing 915 gasoline cars from the road each year.
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Starwood Property Trust to release Q3 2023 financial results on November 8, 2023
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Starwood Property Trust declares dividend of $0.48 per share for Q3 2023
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FAQ

What is the current stock price of STARWOOD PROPERTY TRUST (STWD)?

The current stock price of STARWOOD PROPERTY TRUST (STWD) is $19.39 as of December 20, 2024.

What is the market cap of STARWOOD PROPERTY TRUST (STWD)?

The market cap of STARWOOD PROPERTY TRUST (STWD) is approximately 6.6B.

What does Starwood Property Trust, Inc. do?

Starwood Property Trust, Inc. operates as a real estate investment trust (REIT) focusing on commercial and residential lending, infrastructure lending, property, and investing and servicing.

What are the core business segments of Starwood Property Trust?

The core business segments are Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing.

How does Starwood Property Trust generate revenue?

The company generates revenue primarily through the Commercial and Residential Lending segment by originating, acquiring, financing, and managing mortgages and securities.

What recent achievements does Starwood Property Trust have?

Recent achievements include monetizing their Master Lease Portfolio and securing a $600 million five-year unsecured debt issuance, which was 7x oversubscribed.

What is the investment objective of Starwood Property Trust?

The investment objective is to generate attractive and stable returns for shareholders, primarily through dividends.

What was Starwood Property Trust’s Q4 2023 GAAP net income?

For Q4 2023, Starwood Property Trust’s GAAP net income was $71 million.

How much capital has Starwood Property Trust deployed since its inception?

Starwood Property Trust has deployed over $97 billion of capital since its inception.

What is the significance of the recent unsecured debt issuance?

The recent $600 million five-year unsecured debt issuance marks the first such issuance in the industry in over two years, demonstrating strong access to liquidity.

When will Starwood Property Trust release its Q1 2024 financial results?

Starwood Property Trust will release its Q1 2024 financial results on May 8, 2024.

What dividend did Starwood Property Trust declare for Q1 2024?

Starwood Property Trust declared a dividend of $0.48 per share for Q1 2024.

STARWOOD PROPERTY TRUST, INC.

NYSE:STWD

STWD Rankings

STWD Stock Data

6.55B
318.36M
5.52%
51.5%
2.9%
REIT - Mortgage
Real Estate Investment Trusts
Link
United States of America
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