Redwood Trust, Inc. (RWT)
| Market Cap | 1.10B |
| Revenue (ttm) | -343.44M |
| Net Income (ttm) | -587.00M |
| Shares Out | 113.40M |
| EPS (ttm) | -5.12 |
| PE Ratio | n/a |
| Forward PE | 10.25 |
| Dividend | $0.73 |
| Dividend Yield | 7.37% |
| Trading Day | February 26 |
| Last Price | $9.84 |
| Previous Close | $9.72 |
| Change ($) | 0.12 |
| Change (%) | 1.23% |
| Day's Open | 9.77 |
| Day's Range | 9.68 - 9.96 |
| Day's Volume | 1,193,295 |
| 52-Week Range | 2.03 - 16.58 |
Wallace Weitz (Trades, Portfolio), leader of Weitz Investment Management, disclosed this week that his firm's top five trades during the fourth quarter of 2020 included position reductions in ...
Redwood Trust (RWT) delivered earnings and revenue surprises of 23.81% and -19.20%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Redwood Trust (NYSE:RWT) decreased in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 6.67% year over year to $0.42, which beat ...
MILL VALLEY, Calif., Feb. 10, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE:RWT), a leader in expanding access to housing for homebuyers and renters, today reported its financial results for ...
Redwood Trust (RWT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Redwood Trust (RWT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MILL VALLEY, Calif., Jan. 28, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT), a leading innovator in housing credit investing, today announced tax information regarding its dividend dist...
While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.
MILL VALLEY, Calif., Jan. 20, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT), a leading innovator in housing credit investing, today announced a business update for the quarter ended Dec...
MILL VALLEY, Calif., Jan. 5, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) a leading innovator in housing credit investing, today announced that Chris Abate, Chief Executive Officer, Da...
mREITs prospects for 2021 look encouraging backed by coronavirus relief packages and continued Fed purchases. Starwood (STWD), Two Harbors (TWO), Redwood (RWT), Invesco Mortgage (IVR) and Gran...
RWT shares have rallied decently since my bull call in June. However, the outlook for mREITs in general - and RWT in particular - has deteriorated.
MILL VALLEY, Calif., Dec. 7, 2020 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) today announced that its Board of Directors authorized the declaration of a fourth quarter regular dividend of...
Redwood Trust, Inc. (RWT) CEO Chris Abate on Q3 2020 Results - Earnings Call Transcript
Redwood Trust (RWT) delivered earnings and revenue surprises of 92.31% and -43.52%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
MILL VALLEY, Calif., Oct. 29, 2020 /PRNewswire/ -- Redwood Trust, Inc. (NYSE:RWT), a leading innovator in housing credit investing, today reported its financial results for the quarter ended S...
Redwood Trust (RWT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MILL VALLEY, Calif., Sept. 17, 2020 /PRNewswire/ -- Redwood Trust, Inc. (NYSE:RWT), a leading innovator in housing credit investing, today announced that Chris Abate, Chief Executive Officer, ...
MILL VALLEY, Calif., Sept. 11, 2020 /PRNewswire/ -- Redwood Trust, Inc.
America’s in a dividend desert, and that’s forcing income hunters to get creative.
Shares of mortgage REIT Redwood Trust got a boost from Raymond James today.
Redwood Trust, Inc. (RWT) CEO Chris Abate on Q2 2020 Results - Earnings Call Transcript
Redwood Trust (RWT) delivered earnings and revenue surprises of -109.09% and -25.41%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
MILL VALLEY, Calif., July 30, 2020 /PRNewswire/ -- Redwood Trust, Inc.
MILL VALLEY, Calif., July 23, 2020 /PRNewswire/ -- Redwood Trust, Inc.
MILL VALLEY, Calif., June 26, 2020 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) today announced that it has appointed George W. Madison to its Board of Directors. Mr. Madison will join the ...
Redwood Trust (RWT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Investors need to pay close attention to Redwood Trust (RWT) stock based on the movements in the options market lately.
The mortgage REIT continued to run higher on a mix of animal spirits and the fact that a bit of bad company news wasn't worse
MILL VALLEY, Calif., June 11, 2020 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) today announced that its Board of Directors authorized the declaration of a second quarter regular dividend o...
Optimism abounds for real estate investment trusts -- for now, at least.
Redwood Trust, Inc. (NYSE: RWT) shares are trading higher on Tuesday, after Raymond James maintained an Outperform rating on the stock and raised its target price from $5.50 to $7.
MILL VALLEY, Calif., May 22, 2020 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT), a leading innovator in housing credit investing, today announced that due to the public health impact of the ...
Investors need to pay close attention to Redwood Trust (RWT) stock based on the movements in the options market lately.
Redwood Trust, Inc. (RWT) CEO Chris Abate on Q1 2020 Results - Earnings Call Transcript
Redwood Trust (RWT) is likely to have witnessed a decline in book value in Q1. Also, a decline in the fair value of investments is expected to have impacted its non-interest income.
Redwood Trust (RWT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Redwood Trust continued to get hammered even as most other stocks rebounded. It's not likely to get better anytime soon.
Investors need to pay close attention to Redwood Trust (RWT) stock based on the movements in the options market lately.
This group of high-yield stocks is having an atrocious day.
When gauging fallout from the coronavirus, Redwood's business model is more stable than a typical mortgage REIT's.
Redwood Trust's (RWT) CEO Chris Abate on Q4 2019 Results - Earnings Call Transcript
Redwood Trust (RWT) delivered earnings and revenue surprises of 21.62% and 11.80%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Redwood Trust (RWT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Redwood Trust (RWT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Redwood Trust Inc. (RWT) CEO Christopher Abate on Q3 2019 Results - Earnings Call Transcript
Redwood Trust (RWT) delivered earnings and revenue surprises of -2.63% and -23.60%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Redwood Trust Inc. (RWT) CEO Christopher Abate on Q2 2019 Results - Earnings Call Transcript
About RWT
Redwood Trust, together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through four segments: Residential Lending, Business Purpose Lending, Multifamily Investments, and Third-Party Residential Investments. The Residential Lending 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 includes derivative financial instruments to manage risks asso... [Read more...]
| Industry REIT-Mortgage | IPO Date Aug 4, 1995 |
| CEO Christopher Abate | Country United States |
| Stock Exchange NYSE | Ticker Symbol RWT |
Financial Performance
In 2019, Redwood Trust's revenue was $308.32 million, an increase of 44.30% compared to the previous year's $213.67 million. Earnings were $169.18 million, an increase of 41.46%.
Analyst Forecasts
According to 7 analysts, the average rating for Redwood Trust stock is "Buy." The 12-month stock price forecast is 11.04, which is an increase of 12.20% from the latest price.