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Redwood Trust, Inc. (RWT)

Stock Price: $11.87 USD -0.29 (-2.38%)
Updated Jul 30, 2021 4:00 PM EDT - Market closed
Market Cap 1.34B
Revenue (ttm) 650.11M
Net Income (ttm) 458.81M
Shares Out 112.28M
EPS (ttm) 3.83
PE Ratio 3.10
Forward PE 9.58
Dividend $0.57
Dividend Yield 4.76%
Trading Day July 30
Last Price $11.87
Previous Close $12.16
Change ($) -0.29
Change (%) -2.38%
Day's Open 12.14
Day's Range 11.80 - 12.27
Day's Volume 1,289,565
52-Week Range 6.12 - 12.52

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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?

3 days ago - Zacks Investment Research

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...

4 days ago - PRNewsWire

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 stocks mentioned: APAM, CODI, PAGP
1 week ago - Zacks Investment Research

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.

1 week ago - Zacks Investment Research

MILL VALLEY, Calif., July 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 ...

2 weeks ago - PRNewsWire

Does Redwood Trust (RWT) have what it takes to be a top stock pick for momentum investors? Let's find out.

1 month ago - Zacks Investment Research

MILL VALLEY, Calif., June 22, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) a leader in expanding access to housing for homebuyers and renters, today announced that Chris Abate, Chief Executive O...

1 month ago - PRNewsWire

MILL VALLEY, Calif., June 10, 2021 /PRNewswire/ -- Redwood Trust, Inc.  (NYSE: RWT) today announced that its Board of Directors authorized a 13% increase in the company's quarterly common stock dividend...

1 month ago - PRNewsWire

According to the GuruFocus All-in-One Screener, a Premium feature, the following guru-owned real estate companies have outperformed the S&P 500 Index over the past 12 months through June 3.

Other stocks mentioned: NYMT, ORC, TWO, WMC
1 month ago - GuruFocus

Redwood Trust (RWT) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

2 months ago - Zacks Investment Research

MILL VALLEY, Calif., May 7, 2021 /PRNewswire/ -- Redwood Trust, Inc.  (NYSE: RWT), a leader in expanding access to housing for homebuyers and renters, today announced that Brooke Carillo will join Redwo...

2 months ago - PRNewsWire

Redwood Trust (RWT) delivered earnings and revenue surprises of 48.15% and 5.44%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

MILL VALLEY, Calif., April 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 quart...

3 months ago - PRNewsWire

MILL VALLEY, Calif., April 28, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) today announced the Redwood Employee Home Access Program ("the Redwood Benefit"), a mortgage insurance benefits progra...

3 months ago - PRNewsWire

MILL VALLEY, Calif., April 22, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) a leader in expanding access to housing for homebuyers and renters, today announced a minority preferred equity invest...

3 months ago - PRNewsWire

DENVER, April 19, 2021 /PRNewswire/ -- Liquid Mortgage announced today it has raised capital from and entered into a strategic partnership with Redwood Trust (NYSE: RWT).  The capital raise and partners...

3 months ago - PRNewsWire

MILL VALLEY, Calif., April 19, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) a leader in expanding access to housing for homebuyers and renters, today announced an investment in Liquid Mortgage, ...

3 months ago - PRNewsWire

MILL VALLEY, Calif., April 16, 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...

3 months ago - PRNewsWire

MILL VALLEY, Calif., March 30, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) a leader in expanding access to housing for homebuyers and renters, today announced that Faith A.

4 months ago - PRNewsWire

MILL VALLEY, Calif., March 22, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) a leader in expanding access to housing for homebuyers and renters, today announced two technology investments under i...

4 months ago - PRNewsWire

The government just gave Redwood Trust a big boost to its business.

Other stocks mentioned: NRZ
4 months ago - The Motley Fool

MILL VALLEY, Calif., March 10, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) today announced that its Board of Directors authorized the declaration of a 14% increase in the company's regular quar...

4 months ago - PRNewsWire

MILL VALLEY, Calif., March 4, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) a leader in expanding access to housing for homebuyers and renters, today announced that Chris Abate, Chief Executive O...

4 months ago - PRNewsWire

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 Berkshire ...

Other stocks mentioned: AON, FIS, KMX
5 months ago - GuruFocus

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?

5 months ago - Zacks Investment Research

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 the estima...

5 months ago - Benzinga

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 the quarte...

5 months ago - PRNewsWire

Redwood Trust (RWT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

5 months ago - Zacks Investment Research

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 months ago - Zacks Investment Research

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 distributions ...

6 months ago - PRNewsWire

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.

Other stocks mentioned: SWN, CHRA, CMRE, MGY
6 months ago - 24/7 Wall Street

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 December 31, ...

6 months ago - PRNewsWire

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, Dash Robinso...

6 months ago - PRNewsWire

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 Granite Point ...

Other stocks mentioned: GPMT, IVR, STWD, TWO
7 months ago - Zacks Investment Research

RWT shares have rallied decently since my bull call in June. However, the outlook for mREITs in general - and RWT in particular - has deteriorated.

7 months ago - Seeking Alpha

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 $0.14 per...

7 months ago - PRNewsWire

Redwood Trust, Inc. (RWT) CEO Chris Abate on Q3 2020 Results - Earnings Call Transcript

9 months ago - Seeking Alpha

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?

9 months ago - Zacks Investment Research

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 September 3...

9 months ago - PRNewsWire

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.

9 months ago - Zacks Investment Research

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, along with...

10 months ago - PRNewsWire

MILL VALLEY, Calif., Sept. 11, 2020 /PRNewswire/ -- Redwood Trust, Inc.

10 months ago - PRNewsWire

America’s in a dividend desert, and that’s forcing income hunters to get creative.

Other stocks mentioned: NRZ, RC
11 months ago - Forbes

The worst is over. Is it cheap enough to buy yet?

11 months ago - The Motley Fool

Shares of mortgage REIT Redwood Trust got a boost from Raymond James today.

11 months ago - The Motley Fool

Redwood Trust, Inc. (RWT) CEO Chris Abate on Q2 2020 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

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?

1 year ago - Zacks Investment Research

MILL VALLEY, Calif., July 30, 2020 /PRNewswire/ -- Redwood Trust, Inc.

1 year ago - PRNewsWire

MILL VALLEY, Calif., July 23, 2020 /PRNewswire/ -- Redwood Trust, Inc.

1 year ago - PRNewsWire

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 Board effe...

1 year ago - PRNewsWire

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... [Read more...]

Industry
REIT-Mortgage
IPO Date
Aug 4, 1995
CEO
Christopher Abate
Employees
247
Stock Exchange
NYSE
Ticker Symbol
RWT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecasts

According to 7 analysts, the average rating for Redwood Trust stock is "Buy." The 12-month stock price forecast is 13.39, which is an increase of 12.81% from the latest price.

Price Target
$13.39
(12.81% upside)
Analyst Consensus: Buy