Redwood Trust, Inc. (RWT)
| Market Cap | 694.76M |
| Revenue (ttm) | 238.30M |
| Net Income (ttm) | 63.28M |
| Shares Out | 116.77M |
| EPS (ttm) | 0.39 |
| PE Ratio | 15.26 |
| Forward PE | 4.50 |
| Dividend | $0.92 (15.46%) |
| Ex-Dividend Date | Sep 22, 2022 |
| Volume | 1,974,338 |
| Open | 5.99 |
| Previous Close | 5.90 |
| Day's Range | 5.89 - 6.16 |
| 52-Week Range | 5.86 - 14.17 |
| Beta | 1.12 |
| Analysts | Buy |
| Price Target | 10.97 (+84.4%) |
| Earnings Date | Oct 25, 2022 |
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 Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. The Residential 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 w... [Read more...]
Financial Performance
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for RWT stock is "Buy." The 12-month stock price forecast is 10.97, which is an increase of 84.37% from the latest price.
News
Redwood Trust Names New Chief Investment Officer and Announces Transition of CoreVest Leadership Team
MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust Names New Chief Investment Officer and Announces Transition of CoreVest Leadership Team
Redwood Trust Announces Dividend of $0.23 Per Share for the Third Quarter of 2022
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 D...
Redwood Trust (RWT) Reports Q2 Loss, Lags Revenue Estimates
Redwood Trust (RWT) delivered earnings and revenue surprises of -152.38% and 27.21%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Redwood Trust Announces $125 Million Common Stock Repurchase Program
MILL VALLEY, Calif.--(BUSINESS WIRE)--REDWOOD TRUST ANNOUNCES $125 MILLION COMMON STOCK REPURCHASE PROGRAM
Redwood Trust Reports Second Quarter 2022 Financial Results
MILL VALLEY, Calif.--(BUSINESS WIRE)--REDWOOD TRUST REPORTS SECOND QUARTER 2022 FINANCIAL RESULTS
Redwood Trust Announces Date of Second Quarter 2022 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 second ...
Redwood Trust Completes Previously Announced Acquisition of Riverbend Lending
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 it has complet...
CoreVest Completes $313 Million Single-Family Rental Securitization
NEW YORK--(BUSINESS WIRE)-- #CoreVest--CoreVest has closed its 21st overall securitization and the first to use blockchain technology and data aligned with the SASB ESG framework.
CoreVest Receives Inaugural Commercial Mortgage Special Servicer Ranking from DBRS Morningstar
NEW YORK--(BUSINESS WIRE)-- #CoreVest--CoreVest received the Special Servicer Ranking from DBRS Morningstar due to its successful performance managing loans over the years.
Redwood Trust Announces Dividend of $0.23 Per Share for the Second Quarter Of 2022
MILL VALLEY, Calif.--(BUSINESS WIRE)--REDWOOD TRUST ANNOUNCES DIVIDEND OF $0.23 PER SHARE FOR THE SECOND QUARTER OF 2022
Redwood Trust Prices Upsized $200 Million Convertible Senior Notes Offering
MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust Prices Upsized $200 Million Convertible Senior Notes Offering
Redwood Trust Announces Offering of Convertible Senior Notes Due 2027
MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust Announces Offering of Convertible Senior Notes Due 2027
Redwood Trust (RWT) Q1 Earnings and Revenues Surpass Estimates
Redwood Trust (RWT) delivered earnings and revenue surprises of 7.69% and 24.33%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Redwood Trust Announces Strategic Acquisition of Riverbend Lending
MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust Announces Strategic Acquisition of Riverbend Lending
Redwood Trust Reports First Quarter 2022 Financial Results
MILL VALLEY, Calif.--(BUSINESS WIRE)--REDWOOD TRUST REPORTS FIRST QUARTER 2022 FINANCIAL RESULTS
Earnings Preview: Redwood Trust (RWT) Q1 Earnings Expected to Decline
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.
RWT Horizons Announces Q1'22 Investment Activity
MILL VALLEY, Calif.--(BUSINESS WIRE)--RWT Horizons, the venture investment arm of Redwood Trust, Inc. (NYSE: RWT) (“Redwood”), today announced five new investments completed during the first quarter of ...
Redwood Trust Announces Date of First Quarter 2022 Financial Results Webcast and Conference Call
MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust Announces Date of First Quarter 2022 Financial Results Webcast and Conference Call
Redwood Residential Launches New Products to Address Evolving Homeowner Needs
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 Redwood Reside...
Redwood Trust Announces Chief Investment Officer of RWT Horizons
MILL VALLEY, Calif.--(BUSINESS WIRE)--REDWOOD TRUST ANNOUNCES CHIEF INVESTMENT OFFICER OF RWT HORIZONS; RYAN MCBRIDE TO TRANSITION INTO CHIEF INVESTMENT OFFICER ROLE FULL-TIME
REDWOOD TRUST ANNOUNCES DIVIDEND OF $0.23 PER SHARE FOR THE FIRST QUARTER OF 2022
MILL VALLEY, Calif. , March 14, 2022 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT; "Redwood" or the "Company"), a leader in expanding access to housing for homebuyers and renters, today announced tha...
Redwood Trust (RWT) Lags Q4 Earnings Estimates
Redwood Trust (RWT) delivered earnings and revenue surprises of -14.71% and 30.20%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
REDWOOD TRUST REPORTS FOURTH QUARTER 2021 FINANCIAL RESULTS
MILL VALLEY, Calif., Feb. 9, 2022 /PRNewswire/ -- Redwood Trust, Inc. (NYSE:RWT; "Redwood" or the "Company"), a leader in expanding access to housing for homebuyers and renters, today reported its finan...
Should You Buy Redwood Trust (RWT) Ahead of Earnings?
Redwood Trust (RWT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
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.