Starwood Property Trust, Inc. (STWD) is a publicly traded company in the Real Estate — REIT - Mortgage industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Starwood Property Trust, Inc. operates as a real estate investment trust (REIT) in the United States and internationally. It operates through four segments: Commercial and Residential Lending; Infrastructure Lending; Property; and Investing and Servicing.
Is Starwood Property Trust, Inc. stock overvalued or undervalued in 2026?
Starwood Property Trust, Inc. (STWD) trades at 18.0× earnings (P/E). At its 10-year average P/FFO (11.8×) $17 (+42 %); at the decade median (9.4×) $14 (+13 %).
Kaplio overview: Starwood Property Trust, Inc.
Market cap $5B · 52 weeks $12 – $19 (31 % below the high) · P/E 18.0× · 2027 expected P/E 6.6× · Dividend 15.9 % · Next earnings November 6, 2026 · expected EPS $0.29 · Closing price, Oct 28 · accounts published Aug 6.
- Valuation: P/FFO 8.3× (expensive).
- Business: FFO/dividend 0.7× (weak).
- Balance sheet: Net debt/EBITDA 11.7× (fragile).
- Earnings: 4 of 8 (no verdict).
What would it be worth at its usual multiples?
At its 10-year average P/FFO (11.8×) $17 (+42 %); at the decade median (9.4×) $14 (+13 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in REITs: 2 of 5 pass
- Dividend coverage (FFO/div) 0.7×, fails.
- Net debt / EBITDA 11.7×, fails.
- P/FFO 8.3×, fails.
- Debt / Assets 35.0 %, passes.
- FFO Payout (proxy) 68.4 %, passes.
- FFO / Share $1.47, info.
Against its peers (reference peers) — Starwood Property Trust, Inc.: P/B 0.7×; Div. yield 15.9 %; EV/EBITDA 15.8×; $4.5B. Rithm Capital Corp. (P/B 0.6×; Div. yield 10.8 %; EV/EBITDA 21.5×; $5.2B), Essential Properties Realty Trust, Inc. (P/B 1.3×; Div. yield 4.7 %; EV/EBITDA 15.3×; $5.7B), Vornado Realty Trust (P/B 1.1×; Div. yield 2.1 %; EV/EBITDA 15.9×; $6.5B).
Expensive or cheap against its last ten fiscal years?
Precio / FFO (aprox.) at each close: today 8.3× · median 9.4× · minimum 5.2× · maximum 24.2× · cheap below 8.3× · expensive above 16.4×. It has been cheaper than today only 33% of the time over its last ten fiscal years.
Dividend
tight (only raised recently) · Yield 15.9 % ($1.99 per share in 2025) · Years raising it 1 · 5-year growth +0 % a year · Free cash flow coverage FFO payout 68 % · With $1,000 invested today you'd collect $158.60 a year ($13.22 a month).
Profitability
| Return on Equity | 3.40% |
| Return on Invested Capital | 2.17% |
| Return on Assets | 0.37% |
| Gross Margin | 76.69% |
| Operating Margin | 73.42% |
| Net Margin | 11.27% |
Financial Health
| Debt / Equity | 3.65 |
| Current Ratio | 0.06 |
| Piotroski F-Score | 5 |
| Altman Z-Score | -0.01 |
Price Performance
| 1 month | -14.76% |
| 3 months | -23.40% |
| Year-to-date | -32.04% |
| 1 year | -33.00% |
| 3 years | -30.14% |
| 5 years | -51.94% |
| 10 years | -44.96% |
Dividend History
Paid in the last 12 months: $1.9200 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-09-30 | $0.4800 |
| 2026-06-30 | $0.4800 |
| 2026-03-31 | $0.4800 |
| 2025-12-31 | $0.4800 |
| 2025-09-30 | $0.4800 |
| 2025-06-30 | $0.4800 |
| 2025-03-31 | $0.4800 |
| 2024-12-31 | $0.4800 |
| 2024-09-30 | $0.4800 |
| 2024-06-28 | $0.4800 |
Amounts adjusted for stock splits.
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Explore sector: Real Estate · REIT - Mortgage
More sections of STWD: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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