Starwood Property Trust falls 1.5% as company sets November earnings date

What happened

Starwood Property Trust (STWD) fell 1.5% on October 12, 2026, after it said it would release third-quarter 2026 results on November 6, 2026. The company said results would come before the New York Stock Exchange opens and that it would host a conference call at 10:00 a.m. The stock closed at $12.52 after opening 0.2% above the previous close, and trading volume was 0.8 times its 20-day average. The move occurred while the S&P 500 fell 0.1% on the day and the Real Estate sector median rose 0.3%, leaving the stock 1.8 percentage points worse than the sector median.

How big was the move

The session was ordinary for the stock: the change was 1.1 times a typical daily move for this stock. The stock’s market sensitivity is a beta of 0.50, meaning the stock tends to move less than the market. Over the last five sessions the stock fell 3.5%. Volume that day was modest relative to recent trading, at 0.8 times its 20-day average. Compared with its sector, the stock underperformed the Real Estate sector median by 1.8 percentage points on the day.

The technical picture

Technically, the stock looked weak across timeframes. The stock was 10.1% below its 20-day moving average and 17.8% below its 50-day moving average; the 50-day average was below the 200-day average, a sign of a weak longer-term trend. It traded 34.3% below the 52-week high and fell 19.8% over one month and 24.6% over three months. Over one year the stock fell 32.4%, leaving it 48.3 percentage points behind the S&P 500. The Relative Strength Index (14 days) stood at 14, below 30, a level often called oversold, while 60-day volatility was 22% annualized, lower than 55% of its own readings over five years.

These indicators point to persistent selling pressure and a stretched short-term technical condition. Being oversold and far below its moving averages suggests traders see limited near-term upside absent a positive earnings surprise or another catalyst.

Fundamentals and valuation

For the four quarters through June 30, 2026, revenue was $2.02 billion, which grew 10.5% from a year earlier and accelerated from growth of 7.6% one quarter earlier. Diluted earnings per share were $0.68, while earnings per share growth from a year earlier fell 36.9%. Gross margin was 76.7% compared with 84.1% a year earlier, and operating margin was 73.4% versus 73.0% a year earlier. Free-cash-flow margin stood at 21.7% and return on invested capital was 2.2%. The balance sheet showed net debt of 13.2 times EBITDA and the share count over one year increased by 8.8%.

Valuation measures present a mixed view. The stock trades at 18.4 times trailing earnings, a level that is higher than 81% of its own readings over the past five years (five-year median: 15.8 times earnings). Price to forward earnings was 8.4 times expected earnings and free-cash-flow yield was 9.3%. PromtFinance scores ranked the stock 38 for Value (Weak), 51 for Growth (Neutral), 62 for Quality (Neutral), 13 for Momentum (Very weak), 71 for Revisions (Positive) and 43 for Stability (Weak). The combination of compressed momentum and a relatively rich trailing valuation underscores a split picture: revenue growth alongside pressure on margins and earnings.

Earnings and analyst expectations

Starwood said it would release third-quarter 2026 financial results on Friday, November 6, 2026, before the New York Stock Exchange opens, and would host a conference call that day at 10:00 a.m., according to PRNewsWire. The company’s last reported results, on August 6, 2026, showed earnings per share of $0.40 against $0.40 expected, 0.0% below estimates. The stock has recorded 0 consecutive quarters beating estimates and its average surprise over the last four reports was 4.0% below estimates; the typical two-day reaction after recent reports was it fell 0.5%.

Analysts covering the company show a consensus rating of Buy, with 76% of analysts giving a Buy or similar rating. The consensus price target is $20.00, which is 59.7% above the closing price. Twenty-one analysts had ratings in the data set. While the analyst base remains relatively optimistic, the market has punished the stock recently, reflecting concerns about earnings durability, balance-sheet leverage and dilution from recent transactions.

What to watch

• November 6, 2026: third-quarter 2026 results release before the NYSE opens and conference call at 10:00 a.m.
• Next report schedule: November 9, 2026, is listed as the company’s next report date in the data set.
• Seeking Alpha reported concerns that the acquisition of Fundamental Income has been dilutive and that rising interest rates and underperforming commercial loans are weighing on earnings and book value.
• Analyst consensus price target: $20.00, 59.7% above the closing price.
• Balance sheet metric: net debt of 13.2 times EBITDA