STARWOOD PROPERTY TRUST (STWD) : Traders are bullish on STARWOOD PROPERTY TRUST (STWD) as it has outperformed the S&P 500 by a wide margin of 2.6% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.11%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.45% in the last 1 week, and is up 2.39% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.56% and the fifty day Moving Average is 4.53%. Starwood Property Trust, Inc. is up 11.6% in the last three month period. Year-to-Date the stock performance stands at 14.08%.
STARWOOD PROPERTY TRUST (STWD) : 6 Wall Street analysts covering STARWOOD PROPERTY TRUST (STWD) believe that the average level the stock could reach for the short term is $23.83. The maximum price target given is $24 and the minimum target for short term is around $23, hence the standard deviation is calculated at $0.41.
STARWOOD PROPERTY TRUST (NYSE:STWD): On Fridays trading session , Opening price of the stock was $22.48 with an intraday high of $22.62. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $22.12. However, the stock managed to close at $22.32, a loss of 0.49% for the day. On the previous day, the stock had closed at $22.43. The total traded volume of the day was 3,170,662 shares.
Starwood Property Trust, Inc. is a holding company that operates as a real estate investment trust (REIT). The Company, through its subsidiaries, focuses on originating, acquiring, financing and managing commercial mortgage loans, commercial mortgage-backed securities (CMBS), and other commercial real estate-related debt investments in the United States and Europe. The Company operates through two segments: Lending Segment, and Investing and Servicing Segment. The Companys Lending Segment represents investments in real estate-related loans and securities that are held-for-investment. The Investing and Servicing Segment includes servicing businesses in the United States and Europe, an investment business that acquires and manages real estate finance investments, and a mortgage loan business. The Company is externally managed and advised by SPT Management, LLC, an affiliate of Starwood Capital Group.