Starwood Prpty Stock Price, News & Analysis

Starwood Property Trust (NYSE: STWD) announced a quarterly dividend of $0.48 per share for the quarter ending June 30, 2021. This dividend will be payable on July 15, 2021 to shareholders on record as of June 30, 2021. Starwood Property Trust, a diversified finance company focusing on real estate and infrastructure, has deployed over $69 billion in capital since inception and manages a portfolio exceeding $18 billion. The company aims to generate stable returns primarily through dividends.

Starwood Property Trust (NYSE: STWD) reported its Q1 2021 results, achieving a GAAP net income of $111.4 million or $0.38 per diluted share, and Distributable Earnings of $150.8 million or $0.50 per diluted share. The company deployed $2.7 billion in capital, boosting total post-COVID deployment to $5.7 billion. A notable achievement includes the upgrade of LNR by Fitch to the highest servicer rating globally. Starwood also closed two CLOs totaling $1.8 billion, enhancing balance sheet stability.

Starwood Property Trust (NYSE: STWD) will release its first quarter 2021 financial results on May 6, 2021, before market opening. A conference call is scheduled for the same day at 10:00 a.m. ET, where executives will review performance and answer questions. The results will be accessible on the company’s website. Starwood has deployed over $68 billion in capital since inception and manages a portfolio worth $18 billion to deliver stable returns primarily through dividends.

Starwood Property Trust (NYSE: STWD) announced a new on-demand webinar series aimed at providing insights into its business segments and global real estate platform. Launched on March 25, 2021, the series is designed to improve investor communications and disclosures. Barry Sternlicht, the Company's CEO, emphasized its potential benefits for current and prospective investors. Starwood Property Trust is a prominent finance company with over $66 billion deployed since inception and manages a portfolio exceeding $18 billion.

Starwood Capital Group announced the hiring of Jared Melnik as Managing Director and Head of Hotel Acquisitions for the Americas, effective March 22, 2021. Based in New York, Melnik will focus on sourcing acquisition opportunities in the hospitality and leisure sectors. With 15 years at KSL Capital Partners, he brings considerable experience in hotel and leisure investments. The firm, with over $75 billion in assets under management, continues to pursue attractive investment opportunities, reinforcing its leadership in the industry.

Cano Health has announced the formation of its Board of Directors following its business combination with Jaws Acquisition Corp. (NYSE: JWS). The board features diverse professionals from healthcare, technology, and finance, including Dr. Marlow Hernandez, who will serve as Chairman. The strategic expertise of board members, such as Elliot Cooperstone and Barry Sternlicht, is expected to support Cano Health’s growth as a publicly-traded company. Cano Health, which operates over 70 medical centers across multiple states, focuses on value-based primary care for seniors.

Starwood Property Trust (NYSE: STWD) declared a $0.48 per share dividend for Q1 2021, payable on April 15, 2021, to stockholders of record as of March 31, 2021. The company has allocated over $66 billion in capital since its inception and manages a portfolio exceeding $18 billion in debt and equity investments. Starwood aims to deliver attractive and stable returns to shareholders through dividends by capitalizing on prime investment opportunities in the real estate and infrastructure sectors.

Starwood Capital Group has originated a £1.8 billion Term Loan as Mandated Lead Arrangers for Blackstone Capital Partners to acquire Bourne Leisure, a leading UK holiday company. Starwood holds £720 million split between two investment vehicles: Starwood Real Estate Income Trust and Starwood Property Trust (NYSE: STWD). Bourne Leisure operates popular brands including Haven and Butlin's, serving 4.5 million guests annually. This move aims to capitalize on the post-COVID recovery in the leisure sector, enhancing portfolio diversification and providing stable income streams.

Starwood Property Trust (NYSE: STWD) reported strong financial results for the fourth quarter and full year 2020. The fourth quarter saw a GAAP net income of $107 million ($0.37 per diluted share) and Distributable Earnings of $148.4 million ($0.50 per diluted share). For the entire year, GAAP net income totaled $331.7 million ($1.16 per diluted share), with Distributable Earnings reaching $585.3 million ($1.98 per diluted share). CEO Barry Sternlicht highlighted the company’s resilience during the pandemic, emphasizing liquidity and the successful deployment of $3 billion in capital to seize emerging opportunities.