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Redwood Trust, Inc. (RWT)

NYSE: RWT · IEX Real-Time Price · USD
13.94 0.04 (0.29%)
Oct 25, 2021 4:00 PM EDT - Market closed
Market Cap1.59B
Revenue (ttm)594.49M
Net Income (ttm)383.39M
Shares Out112.92M
EPS (ttm)3.07
PE Ratio4.54
Forward PE9.27
Dividend$0.69 (4.95%)
Ex-Dividend DateSep 22, 2021
Volume767,220
Open13.94
Previous Close13.90
Day's Range13.87 - 14.06
52-Week Range7.51 - 14.10
Beta0.96
AnalystsBuy
Price Target15.25 (+9.4%)
Est. Earnings DateOct 28, 2021

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 Lending, Business Purpose Lending, and Third-Party 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 offers derivative financial instruments to manage risks associated with residential loans. T...

IndustryMortgage Real Estate Investment Trusts (REITs)
IPO DateAug 4, 1995
CEOChristopher Abate
Employees247
Stock ExchangeNYSE
Ticker SymbolRWT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for Redwood Trust stock is "Buy." The 12-month stock price forecast is 15.25, which is an increase of 9.40% from the latest price.

Price Target
$15.25
(9.40% upside)
Analyst Consensus: Buy

News

Redwood Trust (RWT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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.

5 days ago - Zacks Investment Research

Why Redwood Trust (RWT) is Poised to Beat Earnings Estimates Again

Redwood Trust (RWT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

1 week ago - Zacks Investment Research

Redwood Trust Announces RWT Horizons Investment In An Innovative Platform Focused On Digitizing The Due-Diligence Rev...

MILL VALLEY, Calif., Oct. 14, 2021 /PRNewswire/ --  Redwood Trust, Inc.  (NYSE: RWT), a leader in expanding access to housing for homebuyers and renters, today announced an investment in Canopy Financia...

1 week ago - PRNewsWire

Redwood Trust Provides Company Update And Announces Date Of Third Quarter 2021 Financial Results Webcast And Conferen...

MILL VALLEY, Calif., Oct. 14, 2021 /PRNewswire/ -- Redwood Trust, Inc.  (NYSE: RWT), a leader in expanding access to housing for homebuyers and renters, today announced a business update for the quarter...

1 week ago - PRNewsWire

Redwood Trust Coordinates First Securitization Backed Entirely By Home Equity Investments

Redwood Trust, Inc. (NYSE: RWT) has teamed with the fintech platform Point on what the companies said is the first-ever securitization backed entirely by residential Home Equity Investment (HEI) agreeme...

1 week ago - Benzinga

Point and Redwood Trust Announce Issuance of $146 Million Home Equity Investment Securitization

PALO ALTO, Calif. and MILL VALLEY, Calif.

1 week ago - PRNewsWire

Redwood Trust (RWT) Invests in Rental Ownership Platform Flock

Redwood Trust (RWT) invests in a real estate technology start-up, Flock, in order to bank on disruptive real estate technology for its target audience.

2 weeks ago - Zacks Investment Research

Redwood Trust Announces Investment In Pioneering Rental Ownership Platform, Flock

MILL VALLEY, Calif., Oct. 6, 2021 /PRNewswire/ --   Redwood Trust, Inc.  (NYSE: RWT), a leader in expanding access to housing for homebuyers and renters, today announced the firm's investment in Flock H...

2 weeks ago - PRNewsWire

4 of the Best Stocks to Counter a Volatile October

After the September slump, more volatility may be awaiting October, which calls for investing in risk-adjusted stocks like BARINGS BDC (BBDC), FirstEnergy (FE), Pfizer (PFE) & Redwood Trust (RWT).

Other symbols:BBDCFEPFE
3 weeks ago - Zacks Investment Research

Redwood Trust Announces Pricing Of The Market's First Non-Agency Residential Mortgage-Backed Securitization Leveragin...

MILL VALLEY, Calif., Sept. 22, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT), a leader in expanding access to housing for homebuyers and renters, today announced it has priced a securitization th...

1 month ago - PRNewsWire

Redwood Trust Announces Pricing of CoreVest's Inaugural Bridge Loan Securitization

MILL VALLEY, Calif., Sept. 20, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT), a leader in expanding access to housing for homebuyers and renters, today announced the pricing of CoreVest's inaugur...

1 month ago - PRNewsWire

7 Dividend Stocks to Buy With Yields Over 4%

When choosing dividend stocks, picks like ABR stock and EFC stock are attractive with dividend yields that are greater than 4%. The post 7 Dividend Stocks to Buy With Yields Over 4% appeared first on In...

Other symbols:ABREFCIRMMFAOCSLOKE
1 month ago - InvestorPlace

4 of the Best Stocks to Counter a Tricky Autumn

Despite concerns looming over the stock market in the near term, investors might want to consider stocks that provide risk-adjusted returns like CocaCola (KO) & BCB Bancorp (BCBP).

Other symbols:BCBPKOORI
1 month ago - Zacks Investment Research

Redwood Trust Announces Dividend Increase Of 17% To $0.21 For The Third Quarter Of 2021

MILL VALLEY, Calif., Sept. 13, 2021 /PRNewswire/ -- Redwood Trust, Inc.  (NYSE: RWT) today announced that its Board of Directors authorized a 17% increase in the company's quarterly common stock dividen...

1 month ago - PRNewsWire

All You Need to Know About Redwood Trust (RWT) Rating Upgrade to Strong Buy

Redwood Trust (RWT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

1 month ago - Zacks Investment Research

Redwood Trust To Expand RWT Horizons' Pipeline Of New Venture Technology Investments Through Strategic Partnership Wi...

MILL VALLEY, Calif., Sept. 7, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT), a leader in expanding access to housing for homebuyers and renters, today announced an investment partnership with Fro...

1 month ago - PRNewsWire

Redwood Trust To Host Investor Day On September 14, 2021

MILL VALLEY, Calif., Sept. 7, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT), a leader in expanding access to housing for homebuyers and renters, today announced that it will host a hybrid Investo...

1 month ago - PRNewsWire

Redwood Trust Announces Appointment Of Its President, Dashiell Robinson, To Its Board Of Directors

MILL VALLEY, Calif., Sept. 2, 2021 /PRNewswire/ -- Redwood Trust, Inc.  (NYSE: RWT), a leader in expanding access to housing for homebuyers and renters, today announced that its President, Dashiell Robi...

1 month ago - PRNewsWire

5 High-Yield Dividend Stocks That Are Must-Buys Right Now

Wall Street has entered a troublesome stretch and an array of factors are impacting the market. Thus, it's wise to invest in dividend players like Vector Group (VGR) & Redwood Trust (RWT) now.

Other symbols:APAMGAINHESMVGR
2 months ago - Zacks Investment Research

5 Raymond James Analyst Favorite Stocks Look Safe and Pay Big, Dependable Dividends

All the investment firms and banks that we follow here at 24/7 Wall St. keep a list for their institutional and retail clients of high-conviction stock picks.

Other symbols:CINNN
2 months ago - 24/7 Wall Street

5 Top-Rated Dividend Stocks to Buy for a Notorious August

August, historically, hasn't been a good month for stocks. Delta variant spread and China worries are also adding to the woes.

Other symbols:CODIETNYCBWES
2 months ago - Zacks Investment Research

Redwood Trust (RWT) Tops Q2 Earnings and Revenue Estimates

Redwood Trust (RWT) delivered earnings and revenue surprises of 13.79% and 31.06%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Redwood Trust Reports Second Quarter 2021 Financial Results

MILL VALLEY, Calif., July 28, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE:RWT), a leader in expanding access to housing for homebuyers and renters, today reported its financial results for the quarte...

2 months ago - PRNewsWire

4 Top High-Yield Dividend Stocks to Buy Now for Big Gains

Increase in inflation and the spread of the Delta variant may lead to gyrations in the stock market, which calls for investing in dividend stocks like Redwood Trust (RWT) & Plains Group (PAGP).

Other symbols:APAMCODIPAGP
3 months ago - Zacks Investment Research

Redwood Trust (RWT) Earnings Expected to Grow: Should You Buy?

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.

3 months ago - Zacks Investment Research