Top-Rated Dividend StocksTop-Rated DividendPositive News SentimentPositive NewsNYSE:RWT Redwood Trust (RWT) Stock Price, News & Analysis → Trump’s arrest is phase one (From Porter & Company) (Ad) Free RWT Stock Alerts $6.34 -0.08 (-1.25%) (As of 06/7/2024 ET) Add Compare Share Share Today's Range$6.30▼$6.3650-Day Range$5.50▼$6.6852-Week Range$5.45▼$8.30Volume454,876 shsAverage Volume1.30 million shsMarket Capitalization$837.19 millionP/E Ratio90.50Dividend Yield10.10%Price Target$7.66 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Redwood Trust alerts: Email Address Redwood Trust MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside20.9% Upside$7.66 Price TargetShort InterestHealthy3.42% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.95Based on 3 Articles This WeekInsider TradingAcquiring Shares$93,750 Bought Last QuarterProj. Earnings Growth42.86%From $0.49 to $0.70 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.21 out of 5 starsFinance Sector214th out of 833 stocksReal Estate Investment Trusts Industry27th out of 173 stocks 2.4 Analyst's Opinion Consensus RatingRedwood Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageRedwood Trust has only been the subject of 3 research reports in the past 90 days.Read more about Redwood Trust's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.42% of the outstanding shares of Redwood Trust have been sold short.Short Interest Ratio / Days to CoverRedwood Trust has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Redwood Trust has recently decreased by 18.12%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipRedwood Trust is a leading dividend payer. It pays a dividend yield of 9.95%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthRedwood Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Redwood Trust is 914.29%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Redwood Trust will have a dividend payout ratio of 91.43% in the coming year. This indicates that Redwood Trust may not be able to sustain their current dividend.Read more about Redwood Trust's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RWT. Previous Next 3.3 News and Social Media Coverage News SentimentRedwood Trust has a news sentiment score of 1.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.05 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Redwood Trust this week, compared to 2 articles on an average week.Search InterestOnly 4 people have searched for RWT on MarketBeat in the last 30 days. This is a decrease of -84% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Redwood Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Redwood Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought $93,750.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.50% of the stock of Redwood Trust is held by insiders.Percentage Held by Institutions74.34% of the stock of Redwood Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Redwood Trust's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Redwood Trust are expected to grow by 42.86% in the coming year, from $0.49 to $0.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Redwood Trust is 90.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.12.Price to Earnings Ratio vs. SectorThe P/E ratio of Redwood Trust is 90.50, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 60.82.Price to Book Value per Share RatioRedwood Trust has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Redwood Trust's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyThe new masters of energyAccording to one source, this new grid could soon provide energy to “one billion people in the world who don’t have access to electricity right now.” And early investors could make a fortune.Click here to get all the details. About Redwood Trust Stock (NYSE: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 manage risks associated with residential loans. The Residential Investor Mortgage Banking segment operates a platform that originates business purpose loans to investors in single-family and multifamily residential properties and bridge loans for subsequent securitization, sale, or transfer into its investment portfolio. The Investment Portfolio segment invests in securities retained from residential consumer and investor securitization activities, and business purpose lending bridge loans, as well as residential mortgage-backed securities issued by third parties, Freddie Mac K-Series multifamily loan securitizations and reperforming loan securitizations, servicer advance investments, home equity investments, and other housing-related investments. The company is elected to be taxed as a real estate investment trust (REIT) for federal income tax purposes. Redwood Trust, Inc. was incorporated in 1994 and is headquartered in Mill Valley, California.Read More RWT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RWT Stock News HeadlinesJune 4, 2024 | insidertrades.comRedwood Trust, Inc. (NYSE:RWT) CFO Purchases $93,750.00 in StockMay 16, 2024 | markets.businessinsider.comBalancing Growth and Caution: Hold Rating on Redwood Amidst Market Developments and Valuation ConcernsMay 15, 2024 | finance.yahoo.comRedwood Trust, Inc. (RWT)May 3, 2024 | benzinga.comPeeling Back The Layers: Exploring Redwood Trust Through Analyst InsightsMay 1, 2024 | seekingalpha.comRedwood Trust, Inc. (RWT) Q1 2024 Earnings Call TranscriptMay 1, 2024 | markets.businessinsider.comRedwood Trust Reports Q1 Earnings: What Key Metrics Have to SayMay 1, 2024 | finance.yahoo.comRedwood Trust Inc (RWT) (Q1 2024) Earnings Call Transcript Highlights: Strong Performance and ...May 1, 2024 | finance.yahoo.comQ1 2024 Redwood Trust Inc Earnings CallApril 30, 2024 | markets.businessinsider.comRedwood Trust, Inc. Bottom Line Climbs In Q1April 30, 2024 | seekingalpha.comRedwood Trust, Inc. 2024 Q1 - Results - Earnings Call PresentationApril 30, 2024 | businesswire.comRedwood Trust Reports First Quarter 2024 Financial ResultsApril 30, 2024 | msn.com3 Highest-yielding REITs to Buy TodayApril 15, 2024 | seekingalpha.comRedwood Trust: Why The 10.3% Yielding Preferreds Should Be ConsideredMarch 22, 2024 | markets.businessinsider.comAnalysts Offer Insights on Real Estate Companies: Essex Property (ESS), Realty Income (O) and Redwood (RWT)March 19, 2024 | markets.businessinsider.comRedwood Trust Announces $750 Mln Capital Partnership With CPP InvestmentsMarch 19, 2024 | businesswire.comRedwood Trust and CPP Investments Announce $750 Million Strategic Capital PartnershipMarch 16, 2024 | 247wallst.com5 Sizzling Stocks Under $10 That Also Pay Ultra Yield DividendsMarch 12, 2024 | businesswire.comRedwood Trust Hosts Investor Day and Celebrates 30th AnniversaryMarch 7, 2024 | businesswire.comRedwood Trust Declares First Quarter 2024 Common and Preferred DividendsFebruary 22, 2024 | finance.yahoo.comRedwood Trust Full Year 2023 Earnings: Misses ExpectationsFebruary 21, 2024 | markets.businessinsider.comAnalysts Are Bullish on These Real Estate Stocks: MFA Financial (MFA), Seven Hills Realty Trust (SEVN)February 21, 2024 | finance.yahoo.comQ4 2023 Redwood Trust Inc Earnings CallFebruary 20, 2024 | seekingalpha.comRedwood Trust, Inc. 2023 Q4 - Results - Earnings Call PresentationFebruary 20, 2024 | businesswire.comRedwood Trust Reports Fourth Quarter 2023 Financial ResultsFebruary 19, 2024 | markets.businessinsider.comRedwood Trust earnings preview: what to expectSee More Headlines Receive RWT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Redwood Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/28/2022Ex-Dividend for 3/28 Dividend3/20/2024Dividend Payable3/28/2024Today6/07/2024Next Earnings (Estimated)7/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryMortgage REITs Current SymbolNYSE:RWT CUSIP75807540 CIK930236 Webwww.redwoodtrust.com Phone(415) 389-7373Fax415-381-1773Employees289Year FoundedN/APrice Target and Rating Average Stock Price Target$7.66 High Stock Price Target$8.50 Low Stock Price Target$6.50 Potential Upside/Downside+20.9%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$0.07 Trailing P/E Ratio90.50 Forward P/E Ratio12.93 P/E GrowthN/ANet Income$-2,270,000.00 Net Margins3.06% Pretax Margin3.55% Return on Equity4.83% Return on Assets0.38% Debt Debt-to-Equity Ratio10.66 Current Ratio9.09 Quick Ratio9.09 Sales & Book Value Annual Sales$174.02 million Price / Sales4.81 Cash Flow$0.60 per share Price / Cash Flow10.55 Book Value$9.94 per share Price / Book0.64Miscellaneous Outstanding Shares132,153,000Free Float128,849,000Market Cap$837.19 million OptionableOptionable Beta1.56 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. Christopher J. Abate CPA (Age 44)CEO & Director Comp: $2.92MMr. Dashiell I. Robinson (Age 44)President & Director Comp: $2.61MMs. Brooke E. Carillo (Age 37)Chief Financial Officer Comp: $1.85MMr. Fred J. Matera (Age 60)Co-Head of Business Purpose Lending & Chief Investment Officer Comp: $2.19MMr. Andrew P. Stone (Age 53)Executive VP, Chief Legal Officer & Secretary Comp: $1.17MMs. Sasha G. Macomber (Age 54)Chief Human Resource Officer Comp: $967.5kMs. Kaitlyn J. MauritzMD & Head of Investor RelationsMr. Tuan Q. PhamMD & Head of MarketingMr. Shoshone A. Stern (Age 46)Head of Portfolio Strategy & Risk Comp: $852.56kMr. Andrew Michael Gillmer C.F.A.MD & Portfolio ManagerMore ExecutivesKey CompetitorsApollo Commercial Real Estate FinanceNYSE:ARIReady CapitalNYSE:RCTwo Harbors InvestmentNYSE:TWOPennyMac Mortgage Investment TrustNYSE:PMTMFA FinancialNYSE:MFAView All CompetitorsInsiders & InstitutionsBrooke CarilloBought 15,000 shares on 5/30/2024Total: $93,750.00 ($6.25/share)Boston PartnersSold 11,902 shares on 5/28/2024Ownership: 1.258%EMC Capital ManagementBought 2,989 shares on 5/20/2024Ownership: 0.022%Quadrature Capital LtdBought 8,018 shares on 5/15/2024Ownership: 0.037%Sculati Wealth Management LLCBought 8,355 shares on 5/14/2024Ownership: 0.130%View All Insider TransactionsView All Institutional Transactions RWT Stock Analysis - Frequently Asked Questions Should I buy or sell Redwood Trust stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Redwood Trust in the last year. There are currently 3 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" RWT shares. View RWT analyst ratings or view top-rated stocks. What is Redwood Trust's stock price target for 2024? 8 analysts have issued 12 month price objectives for Redwood Trust's shares. Their RWT share price targets range from $6.50 to $8.50. On average, they expect the company's share price to reach $7.66 in the next year. This suggests a possible upside of 20.9% from the stock's current price. View analysts price targets for RWT or view top-rated stocks among Wall Street analysts. How have RWT shares performed in 2024? Redwood Trust's stock was trading at $7.41 at the beginning of 2024. Since then, RWT stock has decreased by 14.5% and is now trading at $6.3350. View the best growth stocks for 2024 here. Are investors shorting Redwood Trust? Redwood Trust saw a drop in short interest in May. As of May 15th, there was short interest totaling 4,520,000 shares, a drop of 18.1% from the April 30th total of 5,520,000 shares. Based on an average daily volume of 1,470,000 shares, the short-interest ratio is presently 3.1 days. View Redwood Trust's Short Interest. When is Redwood Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024. View our RWT earnings forecast. How were Redwood Trust's earnings last quarter? Redwood Trust, Inc. (NYSE:RWT) announced its quarterly earnings data on Thursday, April, 28th. The real estate investment trust reported $0.24 EPS for the quarter, missing the consensus estimate of $0.26 by $0.02. Redwood Trust had a net margin of 3.06% and a trailing twelve-month return on equity of 4.83%. During the same quarter in the previous year, the firm earned $0.40 EPS. How often does Redwood Trust pay dividends? What is the dividend yield for Redwood Trust? Redwood Trust announced a quarterly dividend on Thursday, March 7th. Investors of record on Thursday, March 21st will be paid a dividend of $0.16 per share on Thursday, March 28th. This represents a $0.64 dividend on an annualized basis and a yield of 10.10%. The ex-dividend date is Wednesday, March 20th. Read our dividend analysis for RWT. Is Redwood Trust a good dividend stock? Redwood Trust (NYSE:RWT) pays an annual dividend of $0.64 per share and currently has a dividend yield of 9.95%. RWT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 914.29%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, RWT will have a dividend payout ratio of 91.43% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for RWT. What ETFs hold Redwood Trust's stock? ETFs with the largest weight of Redwood Trust (NYSE:RWT) stock in their portfolio include AXS Real Estate Income ETF (RINC), Kingsbarn Dividend Opportunity ETF (DVDN), WisdomTree Alternative Income Fund (HYIN), iShares Mortgage Real Estate ETF (REM), VanEck Mortgage REIT Income ETF (MORT) and Global X SuperDividend ETF (SDIV).Invesco S&P SmallCap 600 Pure Growth ETF (RZG). How will Redwood Trust's stock buyback program work? Redwood Trust declared that its Board of Directors has authorized a stock repurchase plan on Thursday, July 28th 2022, which authorizes the company to repurchase $125,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 11.8% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board believes its stock is undervalued. What is Christopher Abate's approval rating as Redwood Trust's CEO? 10 employees have rated Redwood Trust Chief Executive Officer Christopher Abate on Glassdoor.com. Christopher Abate has an approval rating of 100% among the company's employees. This puts Christopher Abate in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Redwood Trust own? Based on aggregate information from My MarketBeat watchlists, some companies that other Redwood Trust investors own include EnLink Midstream (ENLC), Washington Prime Group (WPG), New Residential Investment (NRZ), Pennsylvania Real Estate Investment Trust (PEI), DHT (DHT), Golar LNG Partners (GMLP), ADMA Biologics (ADMA), Two Harbors Investment (TWO) and Enerplus (ERF). Who are Redwood Trust's major shareholders? Redwood Trust's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.78%), Clearbridge Investments LLC (1.40%), Mesirow Institutional Investment Management Inc. (1.32%), Boston Partners (1.26%), Peregrine Capital Management LLC (0.87%) and Mirae Asset Global Investments Co. Ltd. (0.84%). Insiders that own company stock include Andrew P Stone, Brooke Carillo, Collin L Cochrane and Sasha G Macomber. View institutional ownership trends. How do I buy shares of Redwood Trust? Shares of RWT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:RWT) was last updated on 6/8/2024 by MarketBeat.com Staff From Our PartnersMillionaire-Making “Wealth Pattern” Just Repeated on April 22If you think you missed out on the Bitcoin band wagon… You need to watch this immediately.Paradigm Press | SponsoredBreaking - The US Gov. 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