STARWOOD PROPERTY TRUST INC. Starwood Property Trust Inc. (NYSE:STWD) traded at a new 52-week high today of $25.60. Approximately 467,000 shares have changed hands today, as compared to an average 30-day volume of 2.2 million shares.
Over the past year, STARWOOD PROPERTY TRUST INC. Starwood Property Trust Inc. has traded in a range of $10.72 to $25.60 and is now at $25.51, 138% above that low.
STARWOOD PROPERTY TRUST INC. Starwood Property Trust Inc. (NYSE:STWD) is currently priced 2.1% above its average consensus analyst price target of $24.97.
Starwood Property Trust Inc is an American real estate investment trust principally engaged in originating, acquiring, and managing commercial mortgage loans and commercial mortgage-backed securities in the U.S. and Europe. The company organizes its activities into Commercial and Residential Lending Segment, Infrastructure Lending Segment, Property Segment and Investing and Servicing Segment. The former acquires and finances first mortgages, or mortgages with primary lien positions. The collateral for these mortgages is mainly office and hospitality properties in the American West and Northeast. Starwood’s Investing and Servicing unit primarily generates revenue from the acquisition and sale of commercial mortgage-backed securities.
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