Redwood Trust, Inc. (RWT)

NYSE: RWT · Real-Time Price · USD
5.45
-0.03 (-0.55%)
May 28, 2025, 4:00 PM - Market closed
-0.55%
Market Cap 725.49M
Revenue (ttm) 241.80M
Net Income (ttm) 28.43M
Shares Out 133.12M
EPS (ttm) 0.21
PE Ratio 25.84
Forward PE 7.07
Dividend $0.69 (12.66%)
Ex-Dividend Date Mar 24, 2025
Volume 617,630
Open 5.47
Previous Close 5.48
Day's Range 5.43 - 5.52
52-Week Range 4.68 - 8.15
Beta 1.50
Analysts Buy
Price Target 7.59 (+39.27%)
Earnings Date Apr 30, 2025

About RWT

Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. It operates through three segments: Sequoia Mortgage Banking, CoreVest Mortgage Banking, and Redwood Investments. The Residential Consumer Mortgage Banking segment operates a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio. This segment also offers derivative financial instruments to manage risks associated with residenti... [Read more]

Industry REIT - Mortgage
Sector Real Estate
IPO Date Aug 4, 1995
Employees 283
Stock Exchange NYSE
Ticker Symbol RWT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for RWT stock is "Buy." The 12-month stock price forecast is $7.59, which is an increase of 39.27% from the latest price.

Price Target
$7.59
(39.27% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Redwood Trust Senior Notes: High Slippage For This Baby Bond (Rating Downgrade)

Downgrading RWTO to 'Hold' after notable underperformance and heightened drawdown during the recent market sell-off compared to peers. Redwood Trust maintains stable book value, solid dividend coverag...

6 days ago - Seeking Alpha

Poised To Re-Rate: Mortgage REIT Powerhouse

Redwood Trust (RWT) is trading at a steep 40% discount to peers (0.7x P/B), despite resilient fundamentals and strong growth engines. The business model efficiently recycles capital, minimizes balance...

8 days ago - Seeking Alpha

Redwood Trust, Inc. (RWT) Q1 2025 Earnings Call Transcript

Redwood Trust, Inc. (NYSE:RWT) Q1 2025 Earnings Conference Call April 30, 2025 5:00 PM ET Company Participants Kaitlyn Mauritz - Head of Investor Relations Christopher Abate - Chief Executive Officer...

4 weeks ago - Seeking Alpha

Redwood Trust Reports First Quarter 2025 Financial Results

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE:RWT; "Redwood", the "Company"), a leader in expanding access to housing for homebuyers and renters, today reported its financial results...

4 weeks ago - Business Wire

Redwood Trust Announces First Quarter 2025 Common and Preferred Dividends

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of...

2 months ago - Business Wire

Redwood Trust, Inc. (RWT) Q4 2024 Earnings Call Transcript

Redwood Trust, Inc. (NYSE:RWT) Q4 2024 Earnings Conference Call February 13, 2024 5:00 PM ET Company Participants Kaitlyn Mauritz - Head of Investor Relations Christopher Abate - Chief Executive Offi...

3 months ago - Seeking Alpha

Redwood Trust Reports Fourth Quarter 2024 Financial Results

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE:RWT; "Redwood", the "Company"), a leader in expanding access to housing for homebuyers and renters, today reported its financial results...

3 months ago - Business Wire

RWTP: A 9.125% Senior Note IPO From Redwood Trust

Redwood Trust's new 9.125% Senior Notes due 2030 offer a high yield but come with significant risk due to the company's heavy leverage and large interest expenses. The notes are callable from 2027, wi...

4 months ago - Seeking Alpha

Redwood Trust Announces Date of Fourth Quarter 2024 Financial Results Webcast and Conference Call

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, is scheduled to release its fourt...

4 months ago - Business Wire

Redwood Trust Announces Dividend Distribution Tax Information for 2024

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT, “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced tax information r...

4 months ago - Business Wire

Redwood Trust Prices $90.0 Million Senior Notes Offering

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”) today announced the pricing of an underwritten public offering of $90,000,000 aggregate principal amou...

4 months ago - Business Wire

Redwood Trust: Mortgage REIT Baby Bond Offering 9% Yield

Redwood Trust's baby bonds offer a 9% yield to maturity, making them a safer investment amid higher interest rates and lower mortgage demand. Despite declining net interest income due to rising rates,...

4 months ago - Seeking Alpha

Redwood Trust: Lower Rates May Increase Capital Deployed

Redwood Trust is rated a buy due to its 11% dividend yield, potential growth from lower rates, and strong homebuilder optimism. The company focuses on residential loans and mortgages, with a stable bo...

5 months ago - Seeking Alpha

Redwood Trust Announces Key Updates to Residential Consumer Operating Platforms

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, is pleased to announce updates to...

5 months ago - Business Wire

Redwood Trust Announces Common Dividend Increase of 5.9% to $0.18 Per Share for the Fourth Quarter 2024

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of...

5 months ago - Business Wire

Redwood Trust, Inc. (RWT) Q3 2024 Earnings Call Transcript

Redwood Trust, Inc. (NYSE:RWT) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Kaitlyn Mauritz – Head of Investor Relations Chris Abate – Chief Executive Officer Das...

7 months ago - Seeking Alpha

Redwood Trust Announces New Hires to Drive Advancements in Technology and Growing Non-Agency Opportunities

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, is excited to announce the hiring...

7 months ago - Business Wire

Redwood Trust Reports Third Quarter 2024 Financial Results

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE:RWT; "Redwood", the "Company"), a leader in expanding access to housing for homebuyers and renters, today reported its financial results...

7 months ago - Business Wire

Redwood Trust Announces Date of Third Quarter 2024 Financial Results Webcast and Conference Call

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, is scheduled to release its third...

8 months ago - Business Wire

Redwood Trust Prices Reopening of $40 Million of 7.75% Convertible Senior Notes Due 2027

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”) today announced that it priced approximately $40 million aggregate principal amount of its 7.75% conve...

8 months ago - Business Wire

Redwood Trust Series A Preferred: Harvesting A Progressively Scarce 10% Yield-To-Call

The Fed's pivot from raising to cutting rates has reduced discounts on fixed-to-floating rate preferred stocks, prompting a reevaluation of Redwood Trust 10.0% Series A Preferred (RWT.PR.A). Fixed-to-...

8 months ago - Seeking Alpha

Redwood Trust Preferred A: Bonds Are More Attractive Than Preferred Shares For This REIT

Redwood Trust's Series A preferred shares offer a 10% coupon but are subordinate to debentures, making them riskier in a restructuring scenario. The REIT's heavy near-term debt load and low earnings d...

9 months ago - Seeking Alpha

Redwood Trust Announces Common Dividend Increase of 6.25% to $0.17 Per Share for the Third Quarter 2024

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of...

9 months ago - Business Wire

Redwood Trust, Inc. (RWT) Q2 2024 Earnings Call Transcript

Redwood Trust, Inc. (NYSE:RWT) Q2 2024 Results Conference Call August 1, 2024 8:00 AM ET Company Participants Kaitlyn Mauritz - Head of Investor Relations Chris Abate - Chief Executive Officer Dash R...

10 months ago - Seeking Alpha

Redwood Trust Reports Second Quarter 2024 Financial Results

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE:RWT; "Redwood", the "Company", "we" or "our"), a leader in expanding access to housing for homebuyers and renters, today reported its fi...

10 months ago - Business Wire