GREENWICH, Conn., Sept. 5, 2024 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) (the "Company") today announced that the underwriters for the Company's recently completed public offering of 17,500,000 shares of its common stock have fully exercised their option to purchase an additional 2,625,000 shares. After giving effect to the full exercise of the option, the aggregate net proceeds of the offering of the 20,125,000 shares of common stock will be approximately $391.7 million after deducting th ...

GREENWICH, Conn., Sept. 3, 2024 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) (the "Company") today announced the pricing of an underwritten public offering of 17,500,000 shares of its common stock for total estimated gross proceeds of approximately $345.1 million (or approximately $396.9 million if the option to purchase additional shares is exercised in full). The underwriters have a 30-day option to purchase up to an additional 2,625,000 shares from the Company. Settlement of the offering is ...

GREENWICH, Conn., Sept. 3, 2024 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) (the "Company") today announced that, subject to market and other conditions, it is offering 17,500,000 shares of its common stock in an underwritten public offering. The underwriters will have a 30-day option from the date of the offering to purchase up to an additional 2,625,000 shares from the Company. All of the shares will be issued under the Company's currently effective shelf registration statement filed with t ...

VioletaStoimenova The pay-out metrics of commercial real estate investment trust Starwood Property Trust Inc. (NYSE:STWD) weakened in the second quarter, but the trust still managed to cover its $0.48 per share per quarter dividend with distributable earnings in 2Q24. Starwood Property Trust is well-diversified and has relatively low exposure to U.S. offices, which are two key strengths that I see for the company that its peers don't have. Furthermore, the central bank is poised to lower interest rates, whi ...

Starwood Property Trust (STWD) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Since a cha ...

spawns/E+ via Getty Images Introduction I've been thinking a lot about retirement lately. Don't get me wrong. I'm not going anywhere. As I have written in prior articles, I don't yet have the capital to retire in most developed nations - at least not comfortably and without the need to take significant financial risks. And even if I did, I wouldn't stop covering macroeconomics, dividend strategies, and other topics we frequently discuss. What I have been doing is thinking about different ways to improve the ...

i 19 i I ul ryasick Starwood Property (NYSE:STWD) delivered a decent, but not great, earnings report for the second fiscal quarter on Tuesday. While the REIT supported its dividend with distributable earnings, weaker performance in the commercial and residential segment led to a deterioration in distribution coverage. Starwood Property's distribution coverage ratio dropped to 100% in the second-quarter, meaning the REIT's safety margin completely disappeared and the REIT is potentially going to have to rese ...

Starwood Property Trust, Inc. (NYSE:STWD) Q2 2024 Earnings Conference Call August 6, 2024 10:00 AM ET Company Participants Zach Tanenbaum - Head of IR Barry Sternlicht - Chairman and CEO Jeff DiModica - President Rina Paniry - CFO Conference Call Participants Rick Shane - JPMorgan Stephen Laws - Raymond James Donald Fandetti - Wells Fargo Jade Rahmani - KBW Operator Greetings, and welcome to the Starwood Property Trust's Second Quarter 2024 Earnings Call. At this time, all participants are in a listen-only ...

Q2 2024 SUPPLEMENTAL REPORTING INFORMATION Table of Contents | --- | --- | --- | |--------------------------------------------|---------------|-------| | Press Release \nHighlights | Page \nPage | 1 \n9 | | Commercial and Residential Lending Segment | Page | 12 | | Infrastructure Lending Segment | Page | 20 | | Property Segment | Page | 21 | | Investing and Servicing Segment | Page | 24 | | Capitalization | Page | 26 | | Appendix | Page | 32 | Cover photo: Thoresby Hall, Nottinghamshire, UK (i) PRESS RELEAS ...

Starwood Property Trust (STWD) came out with quarterly earnings of $0.48 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.49 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this commercial real estate investment trust would post earnings of $0.46 per share when it actually produced earnings of $0.59, delivering a surprise of 28.26%. Over the last four quarters, the company has surpassed consensus EPS estimates ...