Education
About Us
Working with TipRanks
Follow Us
Starwood Property (STWD)
NYSE:STWD
Earnings Data
Report Date
Apr 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.43Last Year’s EPS
0.45Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a mix of strong operational and capital-markets achievements—record deployment ($12.7B), infrastructure and securitization wins, improved liquidity and conservative leverage—alongside identifiable near-term drags from timing/cash carry, concentrated nonaccruals/foreclosures, and several idiosyncratic credit downgrades. Management articulated clear remediation plans (asset resolution, redeployment of $1.9B unfunded commitments, net-lease integration and securitization wins) and showed a line of sight to dividend coverage on an adjusted basis. On balance, positive execution and structural improvements outweigh the near-term credit and timing headwinds.Company Guidance
Quarterly and Adjusted Distributable Earnings
Reported Q4 distributable earnings (DE) of $160 million, or $0.42 per share; adjusted for timing items DE would have been $0.49 per share, indicating underlying earnings power above the reported result.
Full-Year Earnings and Dividend Coverage
Full-year DE of $616 million, or $1.69 per share; adjusted DE (removing timing issues and a $0.12 realized loss) was $1.95 versus the full-year dividend of $1.92, implying adjusted coverage of the dividend.
Record Deployment and Asset Base Growth
Deployed $12.7 billion in 2025 (second-largest investing year), including $6.4B commercial lending, a record $2.6B infrastructure lending, and $2.4B net lease; total undepreciated assets reached a record $30.7 billion at year-end.
Commercial Lending Momentum
Commercial lending funded loan portfolio grew by $823 million in Q4 to $16.6 billion (second-highest level since inception) with $1.9 billion of unfunded commitments expected to generate future earnings.
Infrastructure Lending Strength
Infrastructure lending originations hit a record $2.6 billion for 2025; portfolio increased ~$300 million during the year to $2.9 billion; financing via CLOs achieved record-tight spreads (pricing noted at SOFR+1.72% and SOFR+1.68%); nonrecourse CLO financing now funds 75% of infrastructure debt.
Property and Net Lease Performance
Property segment recognized $49 million DE in Q4; Woodstar affordable multifamily had a $17 million GAAP fair value uplift and sale of a 264-unit portfolio produced $24 million net DE gain; new net lease platform reported first full quarter DE of $12 million with post-acquisition purchases of $221 million.
Investing & Servicing and Securitization Activity
Investing and servicing cylinders contributed $46 million DE in Q4; completed 16 securitizations YTD totaling $1.2 billion; servicing fees rose to $107 million YTD, a 47% increase versus prior year, reflecting higher special servicing activity.
Stronger Liquidity and Capital Markets Execution
Executed a record $4.4 billion of corporate debt and equity transactions in 2025, reduced leverage to 2.4x debt-to-undepreciated-equity (more than a full turn below closest peer), current liquidity of $1.4 billion and $11.9 billion available across financing lines; insider ownership ~6% (~$380M) signaling alignment with shareholders.
STWD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
STWD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 25, 2026 | $17.68 | $17.72 | +0.23% |
Nov 10, 2025 | $18.42 | $17.89 | -2.88% |
Aug 07, 2025 | $18.93 | $19.30 | +1.96% |
May 09, 2025 | $18.14 | $18.27 | +0.68% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Starwood Property (STWD) report earnings?
Starwood Property (STWD) is schdueled to report earning on Apr 30, 2026, Before Open (Confirmed).
What is Starwood Property (STWD) earnings time?
Starwood Property (STWD) earnings time is at Apr 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is STWD EPS forecast?
STWD EPS forecast for the fiscal quarter 2026 (Q1) is 0.43.