$STWD

Fed Chair Kevin Warsh's comments at Jackson Hole increased odds of a September rate hike to 60.4%. Higher rates may hurt high-yield dividend stocks, especially REITs like AGNC Investment (AGNC) due to increased borrowing costs. Some BDCs and REITs, such as Ares Capital (ARCC) and Starwood Property Trust (STWD), could benefit from floating-rate loans.

Starwood Property Trust (STWD) reported Q2 GAAP net income of $6.6M ($0.01/share) but higher Distributable Earnings of $151.5M ($0.40/share). The company invested $2.5B in Q2 and $6.7B through July, growing assets to $31.8B. It also reduced debt costs and extended maturities. Dividends outpaced Distributable Earnings, raising concerns. STWD trades at 9.74x forward earnings, with hedge fund interest flat and moderate short interest.

Starwood Property Trust and Realterm provided a $672M loan for 78 U.S. industrial outdoor storage lots owned by Stonemont and Cerberus. The loan will refinance an existing $486M debt. Investors like Blackstone are drawn to such properties due to e-commerce growth. Realterm is expanding its lending as banks retreat.

STARWOOD PROPERTY TRUST, INC. (STWD) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Appointment of Jeffrey F. DiModica to Board of Directors Effective August 10, 2026, the Board of Directors (the “Board”) of

Starwood Property Trust (STWD) reported Q2 2026 revenue of $513.67 million and net income of $6.56 million, with EPS from continuing operations of $0.01. The article says the company is working to resolve about $800 million of non-accrual loans and REO assets, while noting share repurchases of 1,708,338 shares for $29.89 million since late February and an uncovered dividend.

J.P. Morgan Chase said it will invest to build $750 billion of housing over nine years, targeting 1 million affordable units and aiding 500,000 customers, including 200,000 first-time buyers. The article also cites BlackRock’s $1.63 billion multifamily purchase from Camden, Starwood Property Trust’s 95% net income drop to $6.6 million, and other real-estate earnings and leasing updates.

Starwood Property Trust (STWD) reported Q2 distributable earnings of $186 million, or $0.49 per share. The company expects about a $47 million realized loss in Q3 distributable earnings tied to sales and a $12 million repricing versus GAAP. It deployed $2.5 billion in Q2 and $1.7 billion in July, and repaid $171 million of office loans after quarter-end.

Starwood Property Trust (STWD) shares rose 3.3% to $16.45 as investors focused on credit cleanup. The article cites Q2 results including distributable earnings of $152m, or $0.40/share, and undepreciated book value of $18.62. It also highlights $1.9b in nonaccrual and REO with $706m reserves, and management expects to resolve about 40% of the troubled portfolio by year end.

Starwood Property Trust (STWD) shares fell after Q2 results matched estimates, while revenues rose year over year. The company repurchased $30 million of common shares in the first half of 2026 and kept its quarterly dividend at 48 cents per share. The article also cites Q2 beats for AGNC and NLY.

Starwood Property Trust reported Q2 2026 net income of $6.6 million, down 87.3% from Q4 2025 ($51.9 million) and about 95% from Q2 2025 ($129.8 million). Distributable earnings were $151.5 million. The stock fell about 4% after results. Revenue was $513 million. CEO Barry Sternlicht said fundamentals remain strong.