Starwood European Real Estate ate Finance ( (GB:SWEF) ) has issued an update.
Starwood European Real Estate Finance Limited announced a significant advancement in its orderly realisation strategy, returning £46 million to shareholders following the full repayment of a UK hotel loan. This brings the total returned to shareholders to £256 million, representing 61.9% of the company’s NAV as of January 2023. The company maintains strong cash reserves and continues to support its annual dividend target of 5.5 pence per share. The portfolio is diversified across six investments, with a weighted average loan term of 0.7 years, and is expected to sustain dividend payments due to robust cash generation.
Spark’s Take on GB:SWEF Stock
According to Spark, TipRanks’ AI Analyst, GB:SWEF is a Outperform.
Starwood European Real Estate Finance demonstrates strong financial stability with high equity and cash flow positions, alongside effective corporate actions enhancing shareholder returns. However, technical indicators suggest limited price momentum. The stock’s undervaluation and high dividend yield offer an attractive proposition for income-focused investors.
To see Spark’s full report on GB:SWEF stock, click here.
More about Starwood European Real Estate ate Finance
Starwood European Real Estate Finance Limited (SEREF) is a prominent investor in the real estate finance industry, focusing on managing and realizing a diverse portfolio of senior, junior, and mezzanine real estate debt across the UK and Europe.
YTD Price Performance: -2.47%
Average Trading Volume: 82,356
Technical Sentiment Signal: Sell
Current Market Cap: £125.8M
For detailed information about SWEF stock, go to TipRanks’ Stock Analysis page.