STWD

Starwood Property Trust Inc

Finance/Real Estate


Presented:05/20/2015
Price:$24.40
Cap:N/A
Current Price:$20.02
Cap:$6.69B

Presented

Date05/20/2015
Price$24.40
Market CapN/A
Ent Value$5.81B
P/E Ratio11.3x
Book Value$17.20
Div Yield7.87%
Shares O/S238.13M
Ave Daily Vol2,310,000
Short Int7.18%

Current

Price$20.02
Market Cap$6.69B

Publicly traded companies mentioned herein: Starwood Property Trust Inc (STWD)

Highlights

The presenter is long shares of Starwood Property Trust (STWD), the largest commercial mortgage REIT in the world, and said he “likes it because of how they are structured today and operate, and what it can mean in 12-18 months”. Specifically, he views STWD as a nonbank financial company/ lender structured as a REIT. The embedded value of LNR - which STWD purchased in 2013 and is now within the Investing & Servicing Segment - is underappreciated, in his opinion, and the potential for STWD to benefit from the need for more permanent capital in the CMBS market due to new risk retention rules should help push shares to $28+ from $24 today. In addition, STWD’s 8% dividend yield is extremely attractive.

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Idea Discussion

Commentor 1 - 2 weeks ago

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