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Last update at 2024-12-19T18:53:00Z
Is Starwood Property Trust, Inc. (STWD) the Most Undervalued REIT Stock to Buy Now?
Tue 08 Oct 24, 02:11 PMStarwood Property Trust Announces Pricing of Private Offering of Sustainability Bonds
Thu 26 Sep 24, 10:01 PMStarwood Property Trust Announces Private Offering of Sustainability Bonds
Thu 26 Sep 24, 01:14 PMThese 3 REITs Just Got An Upgrade
Wed 11 Sep 24, 10:01 AMStarwood Property Trust Announces Pricing of Common Stock Offering
Wed 04 Sep 24, 02:05 AMStarwood Property Trust Announces Public Offering of Common Stock
Tue 03 Sep 24, 08:06 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 997.54M | 501.10M | 386.28M | 550.17M | 426.53M |
Minority interest | 187.59M | 44.69M | 34.39M | 27.27M | 25.37M |
Net income | 871.48M | 447.74M | 331.69M | 509.66M | 385.83M |
Selling general administrative | 331.05M | 339.07M | 285.00M | 274.24M | 265.59M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 1405.46M | 773.48M | 704.76M | 836.44M | 709.29M |
Reconciled depreciation | 53.94M | 84.59M | 94.15M | 113.39M | 130.84M |
Ebit | 1782.43M | 456.41M | 351.89M | 522.90M | 807.54M |
Ebitda | 1831.72M | 539.41M | 446.04M | 636.22M | 940.19M |
Depreciation and amortization | 49.29M | 83.00M | 94.15M | 113.32M | 132.65M |
Non operating income net other | 805.77M | 320.06M | 214.53M | 383.57M | 294.88M |
Operating income | 1782.43M | 456.41M | 351.89M | 522.90M | 809.35M |
Other operating expenses | 1272.95M | 497.67M | 359.82M | 506.71M | 978.00M |
Interest expense | 797.12M | 445.09M | 419.76M | 508.73M | 408.19M |
Tax provision | -61.52300M | 8.67M | 20.20M | 13.23M | 15.33M |
Interest income | 1283.58M | 845.46M | 806.36M | 800.64M | 677.38M |
Net interest income | 486.46M | 400.37M | 386.59M | 291.91M | 269.19M |
Extraordinary items | - | - | - | - | - |
Non recurring | 3.40M | 1.18M | 3.57M | 1.06M | 8.59M |
Other items | - | - | - | - | - |
Income tax expense | -61.52300M | 8.67M | 20.20M | 13.23M | 15.33M |
Total revenue | 1449.58M | 885.14M | 822.44M | 959.42M | 836.36M |
Total operating expenses | 362.35M | 497.67M | 359.82M | 506.71M | 978.00M |
Cost of revenue | 44.12M | 111.67M | 117.68M | 122.98M | 127.07M |
Total other income expense net | -784.89100M | 44.69M | 34.39M | 27.27M | -382.82100M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | 1059.06M | 492.43M | 366.08M | 536.93M | 411.20M |
Net income applicable to common shares | 871.48M | 447.74M | 331.69M | 509.66M | 385.83M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Total assets | 79043.13M | 83850.40M | 80873.51M | 78042.34M | 68262.45M |
Intangible assets | 68.77M | 63.56M | 70.12M | 85.70M | 145.03M |
Earning assets | - | - | - | - | - |
Other current assets | 2905.67M | 2981.35M | -95.98000M | 810.24M | 906.47M |
Total liab | 71844.42M | 77201.59M | 76010.93M | 72905.32M | 63362.26M |
Total stockholder equity | 6462.44M | 6072.54M | 4488.90M | 4700.43M | 4603.43M |
Deferred long term liab | - | - | - | - | - |
Other current liab | 1007.70M | -1528.31400M | -1552.19600M | -1442.80900M | 51698.79M |
Common stock | 3.18M | 3.12M | 2.92M | 2.87M | 2.81M |
Capital stock | 3.18M | 3.12M | 2.92M | 2.87M | 2.81M |
Retained earnings | 769.24M | 493.11M | -629.73300M | -381.71900M | -348.99800M |
Other liab | 50764.23M | 59829.29M | 62782.44M | 60743.49M | 52195.04M |
Good will | 259.85M | 259.85M | 259.85M | 259.85M | 259.85M |
Other assets | 59883.49M | 81201.97M | 79039.64M | 76259.75M | 1206.65M |
Cash | 261.06M | 217.36M | 563.22M | 478.39M | 239.82M |
Cash and equivalents | - | - | - | - | - |
Total current liabilities | 2628.21M | 1528.31M | 1552.20M | 1442.81M | 53467.61M |
Current deferred revenue | - | - | - | - | - |
Net debt | 21567.41M | 16804.19M | 6437.24M | 11284.34M | 10516.81M |
Short term debt | 1321.51M | 1338.62M | 1345.35M | 1230.80M | 1551.15M |
Short long term debt | 1321.51M | 1338.62M | 1345.35M | 1230.80M | 74.24M |
Short long term debt total | 21828.47M | 17021.56M | 7000.46M | 11762.73M | 10756.64M |
Other stockholder equity | 5669.06M | 5535.35M | 5071.72M | 5028.34M | 4890.96M |
Property plant equipment | 1449.99M | 1166.39M | 2271.15M | 2266.44M | 2784.89M |
Total current assets | 18831.02M | 333.62M | 659.20M | 542.48M | 1206.65M |
Long term investments | 2985.11M | 3015.11M | 12288.52M | 11583.50M | 9944.36M |
Net tangible assets | 6496.61M | 5964.04M | 4158.94M | 4354.88M | 4198.55M |
Short term investments | 113.39M | 860.98M | 736.66M | 810.24M | 906.47M |
Net receivables | 168.52M | 116.26M | 95.98M | 64.09M | 60.35M |
Long term debt | 20598.37M | 17034.98M | 12850.59M | 11771.47M | 10697.81M |
Inventory | - | - | - | - | - |
Accounts payable | 299.00M | 189.70M | 206.84M | 212.01M | 217.66M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | 373.48M | 361.36M | 373.68M | 436.59M | 296.76M |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | 20.95M | 40.95M | 43.99M | 50.93M | 58.66M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | 3.18M | 3.12M | 2.92M | 2.87M | 2.81M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | 769.24M | 493.11M | -629.73300M | -381.71900M | -348.99800M |
Treasury stock | - | - | - | -104.19400M | -104.19400M |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | -2668.69800M | -2314.80000M | -1174.67500M | -1240.11300M | 65572.69M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 328.62M | 2314.80M | 1174.67M | 1240.11M | 67055.81M |
Capital lease obligations | - | - | - | - | - |
Long term debt total | 20598.37M | 17034.98M | 12850.59M | 11771.47M | 10697.81M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -3226.27000M | -4379.04600M | -1012.96800M | -1301.88500M | -1018.70900M |
Change to liabilities | 136.18M | 77.90M | -2.12700M | -8.57600M | 26.83M |
Total cashflows from investing activities | -2950.30600M | -4281.65400M | -911.80500M | -775.86800M | -2520.80900M |
Net borrowings | 3563.24M | 5435.83M | 935.66M | 1423.82M | 2984.89M |
Total cash from financing activities | 2797.88M | 4873.10M | 13.28M | 876.72M | 2004.72M |
Change to operating activities | 8.93M | 8.76M | -1.47300M | -32.90500M | 9.88M |
Net income | 1059.06M | 492.43M | 366.08M | 536.93M | 411.20M |
Change in cash | 60.22M | -400.24800M | 148.13M | 86.17M | 69.59M |
Begin period cash flow | 321.91M | 722.16M | 574.03M | 487.87M | 418.27M |
End period cash flow | 382.13M | 321.91M | 722.16M | 574.03M | 487.87M |
Total cash from operating activities | 213.74M | -989.97500M | 1045.55M | -13.19900M | 585.47M |
Issuance of capital stock | 51.52M | 394.09M | 1.10M | 0.77M | 0.61M |
Depreciation | 53.94M | 84.59M | 94.15M | 113.39M | 130.84M |
Other cashflows from investing activities | 275.96M | 97.39M | 101.16M | 526.02M | -1502.10000M |
Dividends paid | -591.45700M | -553.93000M | -546.88500M | -538.42400M | 509.97M |
Change to inventory | - | - | - | - | 52270.84M |
Change to account receivables | -201.50000M | -136.77200M | -175.28700M | -114.15600M | -62.26100M |
Sale purchase of stock | 116.33M | 17506.26M | -33.82800M | 10351.88M | -12.09000M |
Other cashflows from financing activities | 13516.14M | 223.29M | 7253.02M | 106.74M | 9297.24M |
Change to netincome | -599.76800M | -1427.36400M | 779.91M | -223.00000M | 95.96M |
Capital expenditures | 25.23M | 26.27M | 25.16M | 30.86M | 54.77M |
Change receivables | -201.50000M | -136.77200M | -175.28700M | -114.15600M | -62.26100M |
Cash flows other operating | -224.45100M | -32.92400M | 41.72M | -236.45900M | 89.38M |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | 61.31M | -398.52600M | 147.03M | 87.65M | 69.39M |
Change in working capital | -21.20000M | -87.31200M | -177.13200M | -152.51900M | -27.22500M |
Stock based compensation | 40.19M | 39.29M | 31.24M | 48.07M | 43.55M |
Other non cash items | -918.24600M | -1416.66700M | 692.24M | -501.62200M | 94.03M |
Free cash flow | 188.52M | -1016.24700M | 1020.38M | -44.06400M | 530.70M |
Sector: Real Estate Industry: REIT - Mortgage
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) |
---|---|---|---|---|---|---|
STWD Starwood Property Trust Inc |
0.10 0.50% | 19.27 | 17.02 | 10.42 | 18.79 | 1.07 |
NLY Annaly Capital Management Inc |
0.05 0.27% | 18.89 | - | 6.90 | 2.27 | 1.11 |
AGNCM AGNC Investment Corp |
-0.115 0.45% | 25.30 | - | - | 7.15 | - |
AGNCN AGNC Investment Corp. |
-0.12 0.47% | 25.59 | - | - | 6.98 | - |
AGNC AGNC Investment Corp |
-0.005 0.05% | 9.30 | 6.45 | 5.08 | 6.76 | 1.07 |
Starwood Property Trust, Inc. operates as a real estate investment trust (REIT) in the United States and internationally. The company operates through four segments: Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing segments. The Commercial and Residential Lending segment originates, acquires, finances, and manages commercial first mortgages, non-agency residential mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), and residential mortgage-backed securities, as well as other real estate and real estate-related debt investments, include distressed or non-performing loans. The Infrastructure lending segment originates, acquires, finances, and manages infrastructure debt investments. The Property segment engages primarily in acquiring and managing equity interests in stabilized commercial real estate properties, such as multifamily properties and commercial properties subject to net leases, that are held for investment. The Investing and Servicing segment manages and works out problem assets; acquires and manages unrated, investment grade, and non-investment grade rated CMBS comprising subordinated interests of securitization and re-securitization transactions; originates conduit loans for the primary purpose of selling these loans into securitization transactions; and acquires commercial real estate assets that include properties acquired from CMBS trusts. The company qualifies as a REIT for federal income tax purposes and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Starwood Property Trust, Inc. was incorporated in 2009 and is headquartered in Greenwich, Connecticut.
591 West Putnam Avenue, Greenwich, CT, United States, 06830
Name | Title | Year Born |
---|---|---|
Mr. Barry Stuart Sternlicht | CEO & Non-Independent Exec. Chairman | 1961 |
Mr. Jeffrey F. DiModica C.F.A., CFA | Pres & MD | 1967 |
Ms. Rina Paniry | CFO, Treasurer, Principal Financial Officer & Chief Accounting Officer | 1974 |
Mr. Andrew Jay Sossen | COO, Gen. Counsel, Chief Compliance Officer, Exec. VP & Sec. | 1977 |
Mr. Lawrence Brown | Founder & Chairman of Starwood Mortgage Capital | NA |
Mr. Zachary Tanenbaum | MD & Head of Investor Strategy | NA |
Mr. Mark Cagley | Chief Credit Officer | NA |
Mr. Dennis Schuh | Chief Originations Officer | NA |
Mr. Cary Carpenter | Managing Director | NA |
Mr. Austin Nowlin | MD & Head of Capital Markets for the Americas - Starwood Capital Group | 1981 |
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