Redwood Trust, Inc. (RWT)

NYSE: RWT · Real-Time Price · USD
5.34
+0.03 (0.56%)
Apr 17, 2025, 4:00 PM EDT - Market closed
0.56%
Market Cap 736.05M
Revenue (ttm) 242.50M
Net Income (ttm) 42.60M
Shares Out 132.86M
EPS (ttm) 0.32
PE Ratio 17.31
Forward PE 7.21
Dividend $0.69 (12.92%)
Ex-Dividend Date Mar 24, 2025
Volume 1,035,339
Open 5.32
Previous Close 5.31
Day's Range 5.32 - 5.55
52-Week Range 4.68 - 8.15
Beta 1.21
Analysts Buy
Price Target 7.67 (+43.63%)
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 9 analysts, the average rating for RWT stock is "Buy." The 12-month stock price forecast is $7.67, which is an increase of 43.63% from the latest price.

Price Target
$7.67
(43.63% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

5 weeks 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...

2 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...

2 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...

2 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...

2 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...

2 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...

3 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,...

3 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...

3 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...

3 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...

4 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...

6 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...

6 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...

6 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...

6 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...

6 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-...

7 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...

7 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...

7 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...

9 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...

9 months ago - Business Wire

Preferreds Weekly Review: Tight Spreads Drive Bond Issuance

We take a look at the action in preferreds and baby bonds through the first week of July and highlight some of the key themes we are watching. Preferreds market saw a solid week with a drop in Treasur...

Other symbols: NEWTNYMTOXLCOXLCP
9 months ago - Seeking Alpha

Redwood Trust Announces Date of Second 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 secon...

10 months ago - Business Wire

Redwood Trust Prices $85.0 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 $85,000,000 aggregate principal amou...

11 months ago - Business Wire

Redwood Trust Declares Second Quarter 2024 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...

11 months ago - Business Wire