Starwood Property Trust Inc (NYSE:STWD) price closed lower on Tuesday, April 16, dropping -0.68% below its previous close.
A look at the daily price movement shows that the last close reads $19.01. The company’s 5Y monthly beta was ticking 1.69 while its P/E ratio in the trailing 12-month period read 17.66. Taking into account the 52-week price action we note that the stock hit a 52-week high of $22.29 and 52-week low of $16.06. The stock subtracted -6.12% on its value in the past month.
Starwood Property Trust Inc, which has a market valuation of $5.92 billion, is expected to release its quarterly earnings report May 08, 2024. The company stock has a Forward Dividend ratio of 1.92, while the dividend yield is 10.17%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give STWD a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 50% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 3.54. The overview shows that STWD’s price is at present -5.18% off the SMA20 and -5.02% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 34.28, with weekly volatility standing at 1.99%. The indicator jumps to 1.76% when calculated based on the past 30 days. Starwood Property Trust Inc (NYSE:STWD)’s beta value is holding at 1.68, while the average true range (ATR) indicator is currently reading 0.39.
An analysis of the Starwood Property Trust Inc (NYSE:STWD) stock in terms of its daily trading volume indicates that the 3-month average is 2.18 million.
Current records show that the company has 313.37M in outstanding shares. The insiders’ percentage holdings are 5.91% of outstanding shares while the percentage share held by institutions stands at 51.83%. But the -10.18% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
