Redwood Trust, Inc. (RWT)

NYSE: RWT · IEX Real-Time Price · USD
5.70
-0.06 (-1.13%)
Apr 25, 2024, 12:36 PM EDT - Market open
-1.13%
Market Cap 749.33M
Revenue (ttm) 165.63M
Net Income (ttm) -8.96M
Shares Out 131.58M
EPS (ttm) -0.11
PE Ratio n/a
Forward PE 9.83
Dividend $0.64 (11.25%)
Ex-Dividend Date Mar 20, 2024
Volume 302,829
Open 5.66
Previous Close 5.76
Day's Range 5.64 - 5.72
52-Week Range 5.46 - 8.30
Beta 1.52
Analysts Buy
Price Target 7.78 (+36.73%)
Earnings Date Apr 30, 2024

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 Consumer Mortgage Banking, Residential Investor Mortgage Banking, and Investment Portfolio. 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 man... [Read more]

Industry REIT - Mortgage
Sector Real Estate
IPO Date Aug 4, 1995
Employees 289
Stock Exchange NYSE
Ticker Symbol RWT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for RWT stock is "Buy." The 12-month stock price forecast is $7.78, which is an increase of 36.73% from the latest price.

Price Target
$7.78
(36.73% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Redwood Trust Announces Date of First 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 first...

8 days ago - Business Wire

Redwood Trust and CPP Investments Announce $750 Million Strategic Capital Partnership

MILL VALLEY, Calif. & TORONTO--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, and Canada Pension Plan...

5 weeks ago - Business Wire

Redwood Trust Hosts Investor Day and Celebrates 30th Anniversary

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, announced that it will host its I...

6 weeks ago - Business Wire

Redwood Trust Declares First Quarter 2024 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...

6 weeks ago - Business Wire

Redwood Trust Reports Fourth Quarter 2023 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...

2 months ago - Business Wire

Redwood Trust Announces Date of Fourth Quarter 2023 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...

2 months ago - Business Wire

Redwood Trust Announces Dividend Tax Information for 2023

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...

3 months ago - Business Wire

Redwood Trust Prices $60.0 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 $60,000,000 aggregate principal amou...

3 months ago - Business Wire

Redwood Trust Declares Fourth Quarter 2023 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...

4 months ago - Business Wire

Redwood Trust Announces the Appointment of Doneene Damon to its Board of Directors

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 Doneene K. ...

6 months ago - Business Wire

Redwood Trust Reports Third Quarter 2023 Financial Results

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 reported its financial resul...

6 months ago - Business Wire

Redwood Trust Announces Date of Third Quarter 2023 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...

6 months ago - Business Wire

Redwood Trust Declares Third Quarter 2023 Common and Preferred Dividends

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust Declares Third Quarter 2023 Common and Preferred Dividends.

8 months ago - Business Wire

Redwood Trust Announces Launch of Home Equity Investment Platform

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 formally announced the lau...

8 months ago - Business Wire

Redwood Trust Reports Second Quarter 2023 Financial Results

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 reported its financial resul...

9 months ago - Business Wire

Redwood Trust Announces Date of Second Quarter 2023 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 secon...

10 months ago - Business Wire

Redwood Trust Declares Second Quarter 2023 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...

11 months ago - Business Wire

Redwood Trust and Oaktree Announce Joint Venture to Invest in Business Purpose Bridge Loans

MILL VALLEY, Calif.--(BUSINESS WIRE)--REDWOOD TRUST AND OAKTREE ANNOUNCE JOINT VENTURE TO INVEST IN BUSINESS-PURPOSE BRIDGE LOANS.

11 months ago - Business Wire

Redwood Trust Reports First Quarter 2023 Financial Results

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 reported its financial resul...

1 year ago - Business Wire

Redwood Trust Announces Date of First Quarter 2023 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 first...

1 year ago - Business Wire

Redwood Trust Declares First Quarter 2023 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...

1 year ago - Business Wire

Redwood Trust Reports Fourth Quarter 2022 Financial Results

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 reported its financial resul...

1 year ago - Business Wire

Redwood Trust Announces Date of Fourth 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 fo...

1 year ago - Business Wire

Redwood Trust Announces Dividend Distribution Tax Information for 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 tax informatio...

1 year ago - Business Wire

Redwood Trust Announces Pricing of Public Offering of Preferred Stock

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (“Redwood”) (NYSE: RWT) today announced the pricing of an underwritten public offering of 2,600,000 shares of its 10.00% Series A Fixed-Rate...

1 year ago - Business Wire