$Starwood Property Trust Inc (STWD.US)$ 🎯 2024.4.11 Current...

New data: 23Q3, 23Q4. Revenue contracted 50.9% in Q3 due to a sharp decline in asset sales revenue. Growth resumed in Q4, and net profit continued to shrink sharply.

Revenue contracted by 30% in 2023, mainly due to a sharp drop in earnings from asset sales and a sharp increase in credit loss reserves, and net profit shrank by 60.5%.

Currently, the price-earnings ratio has reached 17.9. The five-year average net profit of 490 million is 12.3, the net price-earnings ratio is 0.96, and the dividend ratio is currently 10%. However, judging from the current profit, the dividend may soon be lowered and temporarily withdrawn.