Redwood Trust (RWT) Projected to Post Earnings on Wednesday

Redwood Trust (NYSE:RWT - Get Free Report) is projected to post its Q1 2025 quarterly earnings results after the market closes on Wednesday, April 30th. Analysts expect Redwood Trust to post earnings of $0.16 per share and revenue of $26.55 million for the quarter.

Redwood Trust (NYSE:RWT - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The real estate investment trust reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.16 by ($0.03). Redwood Trust had a return on equity of 6.91% and a net margin of 9.35%. The company had revenue of $27.60 million for the quarter, compared to analyst estimates of $26.00 million. On average, analysts expect Redwood Trust to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Redwood Trust Stock Up 1.7 %

Shares of Redwood Trust stock traded up $0.10 on Monday, reaching $6.11. 941,632 shares of the company were exchanged, compared to its average volume of 959,343. Redwood Trust has a 1-year low of $4.68 and a 1-year high of $8.15. The company has a market cap of $812.53 million, a P/E ratio of 18.52 and a beta of 1.15. The company has a debt-to-equity ratio of 14.09, a current ratio of 44.36 and a quick ratio of 44.36. The stock's 50 day moving average price is $5.99 and its 200-day moving average price is $6.56.

Redwood Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 24th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 11.78%. The ex-dividend date of this dividend was Monday, March 24th. Redwood Trust's dividend payout ratio is presently 218.18%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on RWT. Jones Trading lowered their price target on Redwood Trust from $8.00 to $7.00 and set a "buy" rating for the company in a report on Thursday, April 17th. JPMorgan Chase & Co. lowered their price target on Redwood Trust from $6.50 to $5.50 and set a "neutral" rating for the company in a report on Wednesday, April 16th. JMP Securities lowered their price target on Redwood Trust from $8.00 to $7.50 and set a "market outperform" rating for the company in a report on Thursday, April 17th. Finally, StockNews.com raised Redwood Trust from a "sell" rating to a "hold" rating in a report on Wednesday, March 5th. Five investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Redwood Trust currently has a consensus rating of "Moderate Buy" and a consensus price target of $7.50.

Redwood Trust Company Profile

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.