starwood property trust, inc. operates as a real estate investment trust (reit) in the united states and europe. it operates through commercial and residential lending, infrastructure lending, property, and investing and servicing segments. the commercial and residential lending segment originates, acquires, finances, and manages commercial and residential first mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (cmbs), residential mortgage-backed securities, and other real estate and real estate-related debt investments. the infrastructure lending segment originates, acquires, finances, and manages infrastructure debt investments. the property segment acquires and manages equity interests in commercial real estate properties, including multi-family properties. the investing and servicing segment manages and works out problem assets; acquires and manages unrated, investment grade, and non-investment grade rated cmbs, including su
Company profile
Ticker
STWD
Exchange
Website
CEO
Barry Sternlicht
Employees
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
10301 Jacksonville Office, LLC • 16th Street Partners, LLC • 200 Lincoln Retail, LLC • 241 Norwood, LLC • 2102 Tallahassee Apartments, LLC • 2425 North Bergen Self Storage, LLC • 4021 Durham Office, LLC • 4900 Long Beach Office Intermediate, LLC • 4900 Long Beach Office, LLC • 5025 Plano Office, LLC ...
IRS number
270247747
STWD stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-Q
2023 Q2
Quarterly report
3 Aug 23
8-K
Starwood Property Trust Reports Results for Webcast and Conference Call Information
3 Aug 23
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
3 Jul 23
424B5
Prospectus supplement for primary offering
23 Jun 23
FWP
Free writing prospectus
22 Jun 23
424B5
Prospectus supplement for primary offering
22 Jun 23
8-K
Submission of Matters to a Vote of Security Holders
19 May 23
10-Q
2023 Q1
Quarterly report
4 May 23
8-K
Starwood Property Trust Reports Results for Webcast and Conference Call Information
4 May 23
8-K
Departure of Directors or Certain Officers
1 May 23
Transcripts
STWD
Earnings call transcript
2023 Q2
3 Aug 23
STWD
Earnings call transcript
2023 Q1
4 May 23
STWD
Earnings call transcript
2022 Q4
1 Mar 23
STWD
Earnings call transcript
2022 Q3
9 Nov 22
STWD
Earnings call transcript
2022 Q2
4 Aug 22
STWD
Earnings call transcript
2022 Q1
4 May 22
STWD
Earnings call transcript
2021 Q4
25 Feb 22
STWD
Earnings call transcript
2021 Q3
9 Nov 21
STWD
Earnings call transcript
2021 Q2
5 Aug 21
STWD
Earnings call transcript
2021 Q1
6 May 21
Latest ownership filings
4
BARRY S STERNLICHT
2 Oct 23
4
Jeffrey F. DiModica
25 Sep 23
144
Notice of proposed sale of securities
22 Sep 23
144
Notice of proposed sale of securities
21 Sep 23
4
BARRY S STERNLICHT
25 Aug 23
4
Jeffrey G. Dishner
24 Aug 23
4
BARRY S STERNLICHT
15 Aug 23
4
Jeffrey G. Dishner
14 Aug 23
4
BARRY S STERNLICHT
1 Aug 23
SC 13G/A
BlackRock Inc.
7 Jul 23
Financial summary
| Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 454.21 mm | 454.21 mm | 454.21 mm | 454.21 mm | 454.21 mm | 454.21 mm |
| Cash burn (monthly) | 25.74 mm | (no burn) | (no burn) | (no burn) | (no burn) | 25.93 mm |
| Cash used (since last report) | 80.05 mm | n/a | n/a | n/a | n/a | 80.63 mm |
| Cash remaining | 374.16 mm | n/a | n/a | n/a | n/a | 373.58 mm |
| Runway (months of cash) | 14.5 | n/a | n/a | n/a | n/a | 14.4 |
Institutional ownership, Q2 2023
49.4% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 443 |
| Opened positions | 58 |
| Closed positions | 66 |
| Increased positions | 162 |
| Reduced positions | 141 |
| 13F shares | Current |
|---|---|
| Total value | 3.00 tn |
| Total shares | 154.62 mm |
| Total puts | 7.92 mm |
| Total calls | 2.57 mm |
| Total put/call ratio | 3.1 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 30.60 mm | $593.61 bn |
| Vanguard | 28.95 mm | $561.59 bn |
| STT State Street | 8.83 mm | $175.44 bn |
| MS Morgan Stanley | 6.62 mm | $128.49 bn |
| Geode Capital Management | 4.63 mm | $90.48 bn |
| Cardinal Capital Management | 4.30 mm | $83.39 bn |
| BK Bank Of New York Mellon | 3.30 mm | $64.07 bn |
| AMP Ameriprise Financial | 3.11 mm | $60.34 bn |
| JPM JPMorgan Chase & Co. | 2.82 mm | $54.74 bn |
| NTRS Northern Trust | 2.46 mm | $47.80 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 29 Sep 23 | Sternlicht Barry S | Common Stock | Option exercise | Acquire M | Yes | No | 0 | 275,000 | 0.00 | 1,964,060 |
| 29 Sep 23 | Sternlicht Barry S | RSU (1)(2) Common Stock | Option exercise | Dispose M | Yes | No | 0 | 275,000 | 0.00 | 1,000,000 |
| 22 Sep 23 | DiModica Jeffrey F. | Common Stock | Sell | Dispose S | No | No | 20.1002 | 10,000 | 201.00 k | 1,025,984 |
| 21 Sep 23 | DiModica Jeffrey F. | Common Stock | Sell | Dispose S | No | No | 20.4801 | 20,111 | 411.88 k | 1,035,984 |
| 25 Aug 23 | Sternlicht Barry S | Common Stock | Other | Dispose J | Yes | No | 0 | 8,552 | 0.00 | 1,995,561 |
| 22 Aug 23 | Dishner Jeffrey G. | Common Stock | Grant | Acquire A | No | No | 0 | 4,632 | 0.00 | 43,222 |
| 14 Aug 23 | Sternlicht Barry S | Common Stock | Grant | Acquire A | Yes | No | 0 | 60,976 | 0.00 | 2,004,113 |
Press releases
Starwood Property Trust Announces $0.48 Per Share Dividend for Third Quarter 2023
15 Sep 23
RADIAL POWER COMPLETES 3.35MWdc SOLAR PROJECT IN AUSTIN, BRINGING RENEWABLE ENERGY TO PALOMA RIDGE OFFICE PARK
11 Sep 23
Starwood Property Trust Reports Results for Quarter Ended June 30, 2023
3 Aug 23
Starwood Property Trust Announces Date for Second Quarter 2023 Earnings Release and Conference Call
6 Jul 23