Starwood Property Trust, Inc. (STWD) Maintains A Buy Rating

Analysts David Fick and Joshua Barber at Stifel Nicolaus have released an update on Starwood Property Trust, Inc. (NYSE: STWD).

Analysts expect the company to push its dividend to at least $0.57 per quarter by year end, an 11.8% yield at the current share price. According to analysts, the company’s recent transactions should add to 2010 earnings.

Analysts have lowered the 2010 and 2011 EPS estimates to reflect noncash expenses. The EPS estimate for 2010 has been lowered from $1.63 to $1.53, while the EPS estimate for 2011 has been lowered from $2.36 to $2.27.

Analysts at Stifel Nicolaus continue to rate Starwood Property Trust, Inc. as a Buy, with a price target of $22.