Redwood Trust, Inc. (RWT)
| 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]
Financial Performance
Financial StatementsAnalyst 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.
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
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-...
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...
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...
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...
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...