Starwood Prpty Stock Price, News & Analysis

Starwood Property Trust (NYSE: STWD) declared a dividend of $0.48 per share for the quarter ending March 31, 2023. This dividend is payable on April 14, 2023 to stockholders of record as of March 31, 2023. Starwood is a diversified finance company focusing on real estate and infrastructure, having deployed over $94 billion in capital and managing a portfolio exceeding $28 billion. The company's investment strategy aims at generating stable returns for shareholders, mainly through dividends.

Starwood Property Trust (NYSE: STWD) reported its Q4 2022 earnings, achieving a GAAP net income of $140 million ($0.44 per diluted share) and Distributable Earnings of $160.5 million ($0.50 per diluted share). The company’s full-year GAAP net income was $871.5 million ($2.74 per diluted share) with a total asset value of $28.3 billion. In 2022, Starwood engaged in $10.7 billion of investment activities, including $5.3 billion in commercial real estate lending. The company declared a dividend of $0.48 per share and highlighted a year-over-year increase of 26% in book value, driven by robust investment performance.

Starwood Capital Group announced the launch of Starwood Impact Investors (SII) on February 1, 2023. This initiative focuses on investing in women and diverse-owned real estate firms across the U.S., aiming to address wealth disparities in the industry. Capital for these investments will come from existing vehicles and span various asset types. The initiative is led by Bakari Adams and reflects the firm’s commitment to ESG values. Since its inception, Starwood has raised over $70 billion and currently manages approximately $120 billion in assets. Starwood Property Trust (NYSE: STWD), the largest commercial mortgage REIT in the U.S., has deployed over $91 billion in capital.

Starwood Capital and AJ Capital have launched Field & Stream Lodge Co., a new hospitality platform aimed at creating 20 to 25 affordable hotels near outdoor attractions across the U.S. This initiative taps into the booming outdoor recreation market, driven by changing consumer preferences post-pandemic. Field & Stream, a well-known brand since 1871, will focus on modern yet authentic lodging experiences. Starwood Capital and AJ Capital will leverage their real estate expertise to fill gaps in the market for quality accommodation in areas where options are currently lacking.

Starwood Property Trust (NYSE: STWD) announced the tax treatment for its common stock distributions for the calendar year ended December 31, 2022. The total cash distribution per share was $2.40, with $1.9955 classified as ordinary taxable dividends. Additionally, $0.5263 qualified as taxable qualified dividends, while $1.4467 was reported as capital gain distributions. Shareholders should note that due to excess cash distributions over earnings and profits in 2021, specific distributions were reported for both 2021 and 2022. For detailed tax reporting, stockholders can refer to the relevant Form 1099 documentation.

Starwood Property Trust (NYSE: STWD) will announce its fourth quarter and full year 2022 financial results on March 1, 2023, prior to market opening. A conference call is scheduled for the same day at 10:00 a.m. ET, during which company officers will discuss performance and recent events, followed by a Q&A session. Interested parties can access the call via the Investor Relations section of the company's website, with a replay available for 90 days. Starwood Property Trust focuses on real estate and infrastructure sectors, managing over $27 billion in assets and has deployed over $93 billion since inception.

Starwood Property Trust (NYSE: STWD) declared a quarterly dividend of $0.48 per share for the period ending December 31, 2022. This dividend is scheduled for payment on January 13, 2023 to stockholders recorded as of December 30, 2022. The company, affiliated with Starwood Capital Group, has invested over $93 billion since inception and manages a portfolio exceeding $27 billion across various debt and equity investments, aiming to deliver stable returns primarily through dividends.

Starwood Property Trust reported a strong third quarter for 2022, achieving GAAP net income of $194.6 million ($0.61 per diluted share) and Distributable Earnings of $163.3 million ($0.51 per diluted share). The company undertook $1.3 billion in investments, including $0.9 billion in commercial lending, and increased its undepreciated book value by $0.18 to $21.69 per share. A new $600 million term loan enhances liquidity, which now stands at $1.3 billion. Additionally, LNR regained its position as the largest special servicer in the U.S., servicing over $100 billion.

Starwood Property Trust (NYSE: STWD) will announce its third quarter financial results on November 9, 2022, before market opening. A conference call is scheduled for the same day at 10:00 a.m. ET, where company officers will discuss performance and recent events, followed by a Q&A session. The earnings release will be available on the company's website. Starwood Capital Group has deployed over $91 billion in capital since inception, managing a portfolio exceeding $27 billion across debt and equity investments.