Previous Close | 20.62 |
Open | 20.69 |
Bid | 20.73 x 1100 |
Ask | 20.74 x 1200 |
Day's Range | 20.57 - 20.77 |
52 Week Range | 16.76 - 22.29 |
Volume | |
Avg. Volume | 2,129,296 |
Market Cap | 6.756B |
Beta (5Y Monthly) | 1.68 |
PE Ratio (TTM) | 14.92 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 1.92 (9.31%) |
Ex-Dividend Date | Mar 27, 2024 |
1y Target Est | N/A |
Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter ended March 31, 2024. The Company's first quarter 2024 GAAP net income was $154.3 million, and Distributable Earnings (a non-GAAP financial measure) was $191.6 million. These amounts include net gains of $90.8 million and $37.4 million, respectively, on the sale of our Master Lease Portfolio.
Starwood Capital Group ("Starwood Capital"), Crescent Real Estate LLC ("Crescent") and High Street Real Estate Partners ("High Street") today announced that controlled affiliates have completed the sale of the 1 Hotel and Embassy Suites in Nashville, Tennessee, to Host Hotels and Resorts, a lodging real estate investment trust and owner of luxury and upper-upscale hotels. Terms of the transaction were not disclosed.
Starwood Property Trust (NYSE: STWD) today announced that the Company will release its first quarter 2024 financial results on Wednesday, May 8, 2024 before the opening of trading on the New York Stock Exchange. A conference call will be held on Wednesday, May 8, 2024 at 10:00 a.m. Eastern Time.