Redwood Trust, Inc. (RWT)
| Market Cap | 979.25M |
| Revenue (ttm) | 192.65M |
| Net Income (ttm) | 16.35M |
| Shares Out | 132.15M |
| EPS (ttm) | 0.08 |
| PE Ratio | 92.63 |
| Forward PE | 12.74 |
| Dividend | $0.64 (8.64%) |
| Ex-Dividend Date | Jun 21, 2024 |
| Volume | 620,300 |
| Open | 7.45 |
| Previous Close | 7.45 |
| Day's Range | 7.28 - 7.55 |
| 52-Week Range | 5.46 - 8.30 |
| Beta | 1.62 |
| Analysts | Buy |
| Price Target | 7.60 (+2.56%) |
| Earnings Date | Aug 1, 2024 |
About RWT
Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Consumer Mortgage Banking, Residential Investor Mortgage Banking, and Investment Portfolio. 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 man... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for RWT stock is "Buy." The 12-month stock price forecast is $7.6, which is an increase of 2.56% from the latest price.
News
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...
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...
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...
Redwood Trust Reports First 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...
Redwood Trust Announces Date of First 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 first...
Redwood Trust and CPP Investments Announce $750 Million Strategic Capital Partnership
MILL VALLEY, Calif. & TORONTO--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, and Canada Pension Plan...
Redwood Trust Hosts Investor Day and Celebrates 30th Anniversary
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, announced that it will host its I...
Redwood Trust Declares First 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...
Redwood Trust Reports Fourth Quarter 2023 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...
Redwood Trust Announces Date of Fourth Quarter 2023 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...
Redwood Trust Announces Dividend Tax Information for 2023
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...
Redwood Trust Prices $60.0 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 $60,000,000 aggregate principal amou...
Redwood Trust Declares Fourth Quarter 2023 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...
Redwood Trust Announces the Appointment of Doneene Damon to its Board of Directors
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 Doneene K. ...
Redwood Trust Reports Third Quarter 2023 Financial Results
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 reported its financial resul...
Redwood Trust Announces Date of Third Quarter 2023 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...
Redwood Trust Declares Third Quarter 2023 Common and Preferred Dividends
MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust Declares Third Quarter 2023 Common and Preferred Dividends.
Redwood Trust Announces Launch of Home Equity Investment Platform
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 formally announced the lau...
Redwood Trust Reports Second Quarter 2023 Financial Results
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 reported its financial resul...
Redwood Trust Announces Date of Second Quarter 2023 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...
Redwood Trust Declares Second Quarter 2023 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...
Redwood Trust and Oaktree Announce Joint Venture to Invest in Business Purpose Bridge Loans
MILL VALLEY, Calif.--(BUSINESS WIRE)--REDWOOD TRUST AND OAKTREE ANNOUNCE JOINT VENTURE TO INVEST IN BUSINESS-PURPOSE BRIDGE LOANS.
Redwood Trust Reports First Quarter 2023 Financial Results
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 reported its financial resul...
Redwood Trust Announces Date of First Quarter 2023 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 first...
Redwood Trust Declares First Quarter 2023 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...