Redwood Trust, Inc. (RWT)
Stock Price:
$9.17 USD
-0.06 (-0.65%)
Updated November 27, 1:00 PM EST - Market closed
Key Info
| Market Cap |
1.03B |
| Revenue (ttm) |
-343.44M |
| Net Income (ttm) |
-587.00M |
| Shares Out |
111.93M |
| EPS (ttm) |
-5.19 |
| PE Ratio |
n/a |
| Forward PE |
11.47 |
| Dividend |
$0.56 |
| Dividend Yield |
6.11% |
Stock Quote
| Trading Day |
November 27 |
| Last Price |
$9.17 |
| Previous Close |
$9.23 |
| Change ($) |
-0.06 |
| Change (%) |
-0.65% |
| Day's Open |
9.23 |
| Day's Range |
9.16 - 9.38 |
| Day's Volume |
994,003 |
| 52-Week Range |
2.14 - 18.01 |
More Stats
| Market Cap |
1.03B |
| Enterprise Value |
9.69B |
| Earnings Date (est) |
Feb 25, 2021 |
| Ex-Dividend Date |
Sep 21, 2020 |
| Shares Outstanding |
111.93M |
| Float |
n/a |
| EPS (basic) |
-5.23 |
| EPS (diluted) |
-5.19 |
| FCF / Share |
-1.24 |
| Dividend |
$0.56 |
| Dividend Yield |
6.11% |
| Earnings Yield |
n/a |
| FCF Yield |
n/a |
| Payout Ratio |
n/a |
| Shares Short |
9.51M |
| Short Ratio |
6.21 |
| Short % of Float |
n/a |
| Beta |
1.14 |
| PE Ratio |
n/a |
| Forward PE |
11.47 |
| P/FCF Ratio |
n/a |
| PS Ratio |
n/a |
| PB Ratio |
0.98 |
| Revenue |
-343.44M |
| Operating Income |
-476.27M |
| Net Income |
-587.00M |
| Free Cash Flow |
-140.20M |
| Net Cash |
-8.67B |
| Net Cash / Share |
-77.43 |
| Gross Margin |
-98.84% |
| Operating Margin |
138.68% |
| Profit Margin |
170.90% |
| FCF Margin |
40.82% |
| ROA |
-4.54% |
| ROE |
-41.36% |
| ROIC |
-2.50% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Forecasts
Analyst Ratings (6)
| Buy |
4 |
| Overweight |
0 |
| Hold |
2 |
| Underweight |
0 |
| Sell |
0 |
Price Target
$10.00*
(9.05% upside)
Low
9.00
Current: $9.17
High
12.00
Target: 10.00
*Average 12-month price target from 6 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 308 | 214 | 229 | 224 | 189 | 191 | 283 | 199 | 72.98 | 102 |
| Revenue Growth | 44.3% | -6.82% | 2.49% | 18.29% | -1.19% | -32.31% | 42.33% | 172.26% | -28.24% | - |
| Gross Profit | 308 | 214 | 229 | 224 | 189 | 191 | 283 | 199 | 72.98 | 102 |
| Operating Income | 190 | 131 | 152 | 135 | 91.74 | 101 | 184 | 133 | 25.24 | 47.99 |
| Net Income | 169 | 120 | 140 | 131 | 102 | 101 | 173 | 132 | 26.34 | 110 |
| Shares Outstanding | 101 | 78.72 | 76.79 | 76.75 | 82.95 | 82.84 | 81.99 | 79.53 | 78.23 | 77.84 |
| Earnings Per Share | 1.46 | 1.34 | 1.60 | 1.54 | 1.18 | 1.15 | 1.94 | 1.59 | 0.31 | 1.36 |
| EPS Growth | 8.96% | -16.25% | 3.9% | 30.51% | 2.61% | -40.72% | 22.01% | 412.9% | -77.21% | - |
| Dividend Per Share | 1.20 | 1.18 | 1.12 | 1.12 | 1.12 | 1.12 | 1.12 | 1.00 | 1.00 | 1.00 |
| Dividend Growth | 1.69% | 5.36% | 0% | 0% | 0% | 0% | 12% | 0% | 0% | - |
| Operating Cash Flow | -1,166 | -1,612 | -1,713 | -546 | -1,250 | -1,791 | -222 | -563 | 17.81 | 29.89 |
| Free Cash Flow | -1,166 | -1,612 | -1,713 | -546 | -1,250 | -1,791 | -222 | -563 | 17.81 | 29.89 |
| Cash & Equivalents | 291 | 205 | 147 | 221 | 226 | 270 | 174 | 81.46 | 282 | 71.46 |
| Total Debt | 15,798 | 10,383 | 5,678 | 4,186 | 4,932 | 4,534 | 3,282 | 3,221 | 4,707 | 3,945 |
| Net Cash / Debt | -15,507 | -10,177 | -5,531 | -3,964 | -4,706 | -4,263 | -3,109 | -3,140 | -4,425 | -3,874 |
| Assets | 17,995 | 11,937 | 7,040 | 5,483 | 6,220 | 5,919 | 4,609 | 4,444 | 5,743 | 5,144 |
| Liabilities | 16,168 | 10,589 | 5,828 | 4,334 | 5,074 | 4,663 | 3,363 | 3,304 | 4,851 | 4,068 |
| Book Value | 1,827 | 1,349 | 1,212 | 1,149 | 1,146 | 1,256 | 1,246 | 1,140 | 893 | 1,065 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Redwood Trust, Inc. |
| Country |
United States |
| Employees |
372 |
| CEO |
Christopher J. Abate |
Stock Information
| Ticker Symbol |
RWT |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Real Estate |
| Industry |
REIT—Mortgage |
| Unique Identifier |
NYSE: RWT |
| IPO Date |
August 4, 1995 |
Description
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 associated with residential loans. The Business Purpose Lending segment operates a platform that originates and acquires business purpose residential loans for subsequent securitization or transfer into its investment portfolio. The Multifamily Investments segment invests in securities collateralized by multifamily mortgage loans, as well as in multifamily mortgages and related assets. The Third-Party Residential Investments segment invests in residential mortgage-backed securities issued by third parties, as well as in Freddie Mac SLST securitizations; and offers servicer advance and other residential credit investment services. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Redwood Trust, Inc. was founded in 1994 and is headquartered in Mill Valley, California.