Redwood Trust (RWT) Expected to Announce Earnings on Wednesday

Redwood Trust (NYSE:RWT - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Wednesday, July 30th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $31.00 million for the quarter.

Redwood Trust (NYSE:RWT - Get Free Report) last issued its earnings results on Wednesday, April 30th. The real estate investment trust reported $0.14 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.03). The business had revenue of $73.80 million for the quarter, compared to the consensus estimate of $26.55 million. Redwood Trust had a net margin of 3.93% and a return on equity of 7.82%. 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 Trading Down 1.5%

Shares of Redwood Trust stock traded down $0.10 on Thursday, hitting $6.06. 708,292 shares of the company's stock traded hands, compared to its average volume of 919,422. The firm's 50-day moving average price is $5.79 and its two-hundred day moving average price is $6.02. The stock has a market capitalization of $806.04 million, a PE ratio of 10.60 and a beta of 1.30. Redwood Trust has a one year low of $4.68 and a one year high of $8.15. The company has a debt-to-equity ratio of 16.32, a current ratio of 39.35 and a quick ratio of 39.35.

Redwood Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 23rd were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 11.89%. The ex-dividend date was Monday, June 23rd. Redwood Trust's payout ratio is 327.27%.

Hedge Funds Weigh In On Redwood Trust

A number of large investors have recently modified their holdings of the business. Strs Ohio acquired a new position in shares of Redwood Trust during the 1st quarter worth about $149,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Redwood Trust by 26.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 492,661 shares of the real estate investment trust's stock worth $2,990,000 after buying an additional 103,893 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of Redwood Trust during the 1st quarter worth about $2,018,000. 74.34% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on RWT shares. Keefe, Bruyette & Woods cut shares of Redwood Trust from an "outperform" rating to a "market perform" rating and lowered their price objective for the company from $7.00 to $6.50 in a research report on Thursday, July 10th. Jones Trading restated a "buy" rating and issued a $7.00 price objective on shares of Redwood Trust in a research report on Friday, May 2nd. UBS Group upped their price objective on shares of Redwood Trust from $6.50 to $7.00 and gave the company a "buy" rating in a research report on Monday, May 5th. JPMorgan Chase & Co. upped their price objective on shares of Redwood Trust from $5.50 to $6.00 and gave the company a "neutral" rating in a research report on Thursday, May 1st. Finally, Wall Street Zen upgraded shares of Redwood Trust from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd. Six equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Redwood Trust has a consensus rating of "Moderate Buy" and an average price target of $7.39.

About Redwood Trust

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.