Redwood Trust Company Profile (NYSE:RWT)

About Redwood Trust (NYSE:RWT)

Redwood Trust, Inc., through its subsidiaries, focuses on investing in mortgage and other real estate related assets. The Company is engaged in mortgage banking activities. The Company operates through three segments: Residential Investments, Residential Mortgage Banking and Commercial. The Residential Investments segment includes a portfolio of investments in residential mortgage-backed securities (RMBS) retained from its Sequoia securitizations. The Residential Mortgage Banking segment consists of operating a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio. Its Commercial segment consists of investments in multi-family securities and commercial mortgage-backed securities, as well as a remaining commercial loan investment following the sale of the remainder of its commercial mezzanine loan portfolio.

Industry, Sector and Symbol:

Sector: Finance
Industry: REIT - Diversified
Sub-Industry: Mortgage REITs
Symbol: NYSE:RWT
CUSIP: 75807540
Web: www.redwoodtrust.com

Capitalization:

Market Cap: $1.31 billion
Outstanding Shares: 77,091,000

Average Prices:

50 Day Moving Avg: $16.78
200 Day Moving Avg: $16.03
52 Week Range: $13.20 - $17.38

P/E:

Trailing P/E Ratio: 9.48
Foreward P/E Ratio: 10.94
P/E Growth: 1.38

Sales & Book Value:

Annual Revenue: $237 million
Price / Sales: 5.52
Book Value: $15.13 per share
Price / Book: 1.12

Dividend:

Annual Dividend: $1.12
Dividend Yield: 6.8%

Profitability:

Net Margins: 48.35%
Return on Equity: 15.35%
Return on Assets: 2.88%

Debt:

Debt-to-Equity Ratio: 3.04%
Current Ratio: 3.81%
Quick Ratio: 3.81%

Misc:

Average Volume: 375,245 shs.
Beta: 0.71
Short Ratio: 5.29

Frequently Asked Questions for Redwood Trust (NYSE:RWT)

What is Redwood Trust's stock symbol?

Redwood Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "RWT."

How often does Redwood Trust pay dividends? What is the dividend yield for Redwood Trust?

Redwood Trust announced a quarterly dividend on Thursday, May 18th. Stockholders of record on Friday, June 16th will be paid a dividend of $0.28 per share on Friday, June 30th. This represents a $1.12 annualized dividend and a dividend yield of 6.60%. The ex-dividend date is Wednesday, June 14th. View Redwood Trust's Dividend History.

How were Redwood Trust's earnings last quarter?

Redwood Trust, Inc. (NYSE:RWT) released its quarterly earnings results on Thursday, May, 4th. The company reported $0.36 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.36. The company earned $62 million during the quarter, compared to analyst estimates of $34.89 million. Redwood Trust had a return on equity of 15.35% and a net margin of 48.35%. During the same quarter last year, the firm posted $0.28 earnings per share. View Redwood Trust's Earnings History.

Where is Redwood Trust's stock going? Where will Redwood Trust's stock price be in 2017?

2 brokerages have issued twelve-month target prices for Redwood Trust's stock. Their forecasts range from $14.50 to $14.50. On average, they anticipate Redwood Trust's share price to reach $14.50 in the next year. View Analyst Ratings for Redwood Trust.

Who are some of Redwood Trust's key competitors?

Some companies that are related to Redwood Trust include Lexington Realty Trust (LXP), Invesco Mortgage Capital (IVR), Apollo Commercial Real Est. Finance (ARI), CYS Investments (CYS), PennyMac Mortgage Investment Trust (PMT), Ladder Capital Corp (LADR), Hannon Armstrong Sustnbl Infrstr Cap (HASI), istar (STAR), Starwood Waypoint Residential Trust (SWAY), MTGE Investment Corp (MTGE), New Senior Investment Group (SNR), Investors Real Estate Trust (IRET), Anworth Mortgage Asset (ANH), Campus Crest Communities (CCG), AG Mortgage Investment Trust (MITT), Gladstone Commercial (GOOD), Armada Hoffler Properties (AHH) and Sutherland Asset Management Corp (SLD).

Who owns Redwood Trust stock?

Redwood Trust's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.02%), Seizert Capital Partners LLC (2.01%), State Street Corp (1.97%), Renaissance Technologies LLC (1.82%), Parnassus Investments CA (1.43%) and UBS Group AG (1.38%). Company insiders that own Redwood Trust stock include Andrew P Stone, Brett D Nicholas, Christopher J Abate, Fred Matera, Greg H Kubicek, Karen R Pallotta, Mariann H Byerwalter, Martin S Hughes and Richard Baum. View Institutional Ownership Trends for Redwood Trust.

Who sold Redwood Trust stock? Who is selling Redwood Trust stock?

Redwood Trust's stock was sold by a variety of institutional investors in the last quarter, including Seizert Capital Partners LLC, Goldman Sachs Group Inc., Global X Management Co. LLC, Citadel Advisors LLC, KBC Group NV, State of New Jersey Common Pension Fund D, State Street Corp and TIAA CREF Investment Management LLC. View Insider Buying and Selling for Redwood Trust.

Who bought Redwood Trust stock? Who is buying Redwood Trust stock?

Redwood Trust's stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, IronBridge Capital Management LP, UBS Group AG, Vanguard Group Inc., Bank of Montreal Can, James Investment Research Inc., Hilton Capital Management LLC and Prudential Financial Inc.. Company insiders that have bought Redwood Trust stock in the last two years include Greg H Kubicek, Karen R Pallotta and Martin S Hughes. View Insider Buying and Selling for Redwood Trust.

How do I buy Redwood Trust stock?

Shares of Redwood Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Redwood Trust stock cost?

One share of Redwood Trust stock can currently be purchased for approximately $16.96.

Consensus Ratings for Redwood Trust (NYSE:RWT) (?)

Ratings Breakdown:	2 Hold Ratings
Consensus Rating:	Hold (Score: 2.00)
Consensus Price Target:	$14.50 (14.50% downside)

Analysts' Ratings History for Redwood Trust (NYSE:RWT)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
8/10/2016	Maxim Group	Downgrade	Buy -> Hold		N/A
7/19/2016	Keefe, Bruyette & Woods	Downgrade	Outperform -> Market Perform	$14.50	N/A
5/18/2016	Nomura	Upgrade	Neutral -> Buy	$14.00 -> $16.00	N/A
5/13/2016	Deutsche Bank AG	Lower Price Target	Buy	$18.00 -> $17.80	N/A
3/21/2016	Needham & Company LLC	Reiterated Rating	Neutral	$15.00 -> $14.00	N/A
3/19/2016	FBR & Co	Initiated Coverage	Hold		N/A

(Data available from 5/24/2015 forward)

Earnings History for Redwood Trust (NYSE:RWT)

Earnings by Quarter for Redwood Trust (NYSE:RWT)

Earnings History by Quarter for Redwood Trust (NYSE:RWT)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
5/4/2017	Q1 2017	$0.36	$0.36	$34.89 million	$62.00 million	View	Listen
2/23/2017	Q416	$0.36	$0.33	$39.19 million	$36.00 million	View	N/A
11/7/2016	Q316	$0.38	$0.39	$40.43 million	$73.00 million	View	Listen
8/8/2016	Q216	$0.37	$0.47	$35.60 million	$44.00 million	View	N/A
5/5/2016	Q1	$0.28	$0.44	$44.12 million	$38.00 million	View	N/A
2/25/2016	Q4	$0.26	$0.46	$42.35 million	$44.00 million	View	Listen
11/5/2015	Q315	$0.32	$0.22	$41.63 million	$40.00 million	View	N/A
8/5/2015	Q215	$0.40	$0.31	$42.71 million	$40.00 million	View	N/A
5/4/2015	Q115	$0.35	$0.16	$41.80 million	$40.00 million	View	N/A
2/23/2015	Q414	$0.35	$0.31	$40.03 million	$41.00 million	View	N/A
11/6/2014	Q3	$0.33	$0.50	$48.94 million	$40.00 million	View	N/A
8/7/2014	Q214	$0.28	$0.18	$43.47 million	$37.00 million	View	N/A
5/5/2014	Q1	$0.33	$0.14	$40.05 million	$36.00 million	View	N/A
2/24/2014	Q413	$0.28	$0.29			View	N/A
10/31/2013	Q313	$0.18	$0.25	$39.11 million	$41.00 million	View	N/A
8/1/2013	Q213	$0.31	$0.71	$36.90 million		View	N/A
5/2/2013	Q113	$0.46	$0.69	$28.33 million		View	N/A
2/21/2013		$0.30	$0.50	$32.99 million		View	N/A
11/1/2012		$0.23	$0.48			View	N/A
8/2/2012		$0.18	$0.24			View	N/A
11/3/2011		$0.20	$0.01			View	N/A
8/4/2011		$0.26	$0.11			View	N/A
5/5/2011		$0.27	$0.22			View	N/A
2/24/2011		$0.26	$0.25			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Redwood Trust (NYSE:RWT)

Current Year EPS Consensus Estimate: $1.49 EPS
Next Year EPS Consensus Estimate: $1.55 EPS

Current Dividend Information for Redwood Trust (NYSE:RWT)

Next Dividend:	6/30/2017
Annual Dividend:	$1.12
Dividend Yield:	6.60%
Dividend Growth:	0.00% (3 Year Average)
Payout Ratio:	67.07% (Trailing 12 Months of Earnings) 75.17% (Based on This Year's Estimates) 72.26% (Based on Next Year's Estimates)

Dividend Payments by Quarter for Redwood Trust (NYSE:RWT)

Dividend History by Quarter for Redwood Trust (NYSE:RWT)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
5/18/2017	quarterly	$0.28	6.83%	6/14/2017	6/16/2017	6/30/2017
2/23/2017	quarterly	$0.28	6.82%	3/14/2017	3/16/2017	3/31/2017
11/7/2016	quarterly	$0.28	7.94%	12/13/2016	12/15/2016	12/29/2016
8/8/2016	quarterly	$0.28	7.43%	9/13/2016	9/15/2016	9/30/2016
5/16/2016	quarterly	$0.28	8.4%	6/14/2016	6/16/2016	6/30/2016
2/25/2016	quarterly	$0.28	9.36%	3/14/2016	3/16/2016	3/31/2016
11/5/2015	quarterly	$0.28	8.53%	12/15/2015	12/17/2015	12/29/2015
8/5/2015	quarterly	$0.28	7.6%	9/11/2015	9/15/2015	9/30/2015
5/19/2015	quarterly	$0.28	6.78%	6/12/2015	6/16/2015	6/30/2015
2/23/2015	quarterly	$0.28	5.76%	3/13/2015	3/17/2015	3/31/2015
11/6/2014	quarterly	$0.28	5.79%	12/11/2014	12/15/2014	12/29/2014
8/7/2014	quarterly	$0.28	5.82%	9/11/2014	9/15/2014	9/30/2014
5/20/2014	quarterly	$0.28	5.83%	6/11/2014	6/13/2014	6/30/2014
2/24/2014	quarterly	$0.28	5.81%	3/12/2014	3/14/2014	3/31/2014
11/25/2013	quarterly	$0.28	5.98%	12/11/2013	12/13/2013	12/27/2013
8/6/2013	quarterly	$0.28	6.76%	9/11/2013	9/13/2013	9/30/2013
5/16/2013	quarterly	$0.28	5.22%	6/12/2013	6/14/2013	6/28/2013
2/20/2013	quarterly	$0.28	5.54%	3/13/2013	3/15/2013	3/29/2013

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for Redwood Trust (NYSE:RWT)

Insider Ownership Percentage: 3.35%
Institutional Ownership Percentage: 83.73%

Institutional Ownership by Quarter for Redwood Trust (NYSE:RWT)

Insider Trades by Quarter for Redwood Trust (NYSE:RWT)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
5/22/2017	Karen R Pallotta	Director	Buy	3,027	$16.53	$50,036.31
5/1/2017	Andrew P Stone	General Counsel	Sell	3,730	$17.24	$64,305.20
12/19/2016	Andrew P Stone	General Counsel	Sell	5,000	$15.30	$76,500.00
5/16/2016	Mariann H Byerwalter	Director	Sell	9,759	$13.27	$129,501.93
5/2/2016	Andrew P Stone	Insider	Sell	12,250	$12.79	$156,677.50
5/2/2016	Brett D Nicholas	President	Sell	5,786	$12.79	$74,002.94
5/2/2016	Christopher J Abate	CFO	Sell	7,622	$12.79	$97,485.38
5/2/2016	Richard Baum	Director	Sell	3,903	$12.79	$49,919.37
3/1/2016	Greg H Kubicek	Director	Buy	5,000	$12.07	$60,350.00
3/1/2016	Martin S Hughes	CEO	Buy	20,000	$12.06	$241,200.00
12/21/2015	Andrew P. Stone	General Counsel	Sell	1,029	$13.42	$13,809.18
12/21/2015	Brett D. Nicholas	President	Sell	549	$13.44	$7,378.56
12/21/2015	Christopher J. Abate	CFO	Sell	1,201	$13.43	$16,129.43
12/21/2015	Fred Matera	CIO	Sell	257	$13.44	$3,454.08
12/21/2015	Martin S. Hughes	CEO	Sell	1,381	$13.42	$18,533.02
5/4/2015	Andrew P Stone	General Counsel	Sell	7,498	$17.05	$127,840.90
5/4/2015	Brett D Nicholas	President	Sell	12,300	$17.04	$209,592.00
5/4/2015	Christopher J Abate	CFO	Sell	2,026	$17.05	$34,543.30
5/4/2015	Fred Matera	CIO	Sell	3,628	$17.05	$61,857.40
5/4/2015	Martin S Hughes	CEO	Sell	26,616	$17.05	$453,802.80
11/12/2014	Mariann H Byerwalter	Director	Sell	2,172	$19.81	$43,027.32
8/13/2014	Andrew P Stone	General Counsel	Sell	2,091	$19.05	$39,833.55
8/13/2014	Mariann H Byerwalter	Director	Sell	2,172	$19.17	$41,637.24
5/14/2014	Mariann Byerwalter	Director	Sell	2,173	$19.20	$41,721.60
5/1/2014	Andrew Stone	General Counsel	Sell	4,074	$21.45	$87,387.30
5/1/2014	Brett Nicholas	President	Sell	7,751	$21.45	$166,258.95
5/1/2014	Martin Hughes	CEO	Sell	17,144	$21.45	$367,738.80

(Data available from 1/1/2013 forward)

Headline Trends for Redwood Trust (NYSE:RWT) Latest Headlines for Redwood Trust (NYSE:RWT)

Source:

Date	Headline
	Redwood Trust, Inc. breached its 50 day moving average in a Bullish Manner : RWT-US : May 24, 2017 finance.yahoo.com - May 24 at 9:40 AM
	Karen R. Pallotta Buys 3,027 Shares of Redwood Trust, Inc. (RWT) Stock www.americanbankingnews.com - May 23 at 8:34 PM
	Redwood Trust to Present at the 2017 KBW Mortgage Finance Conference finance.yahoo.com - May 22 at 6:43 PM
	Redwood Trust Inc (RWT) seekingalpha.com - May 19 at 12:36 PM
	Redwood Trust Declares $0.28 Per Share Dividend For The Second Quarter Of 2017 finance.yahoo.com - May 19 at 12:36 PM
	Redwood Trust, Inc. Plans Quarterly Dividend of $0.28 (RWT) www.americanbankingnews.com - May 18 at 8:10 PM
	Zacks: Brokerages Anticipate Redwood Trust, Inc. (RWT) to Post $0.36 EPS www.americanbankingnews.com - May 18 at 10:28 AM
	Is Redwood Trust, Inc. (RWT) a Great Stock for Value Investors? finance.yahoo.com - May 16 at 7:32 PM
	Redwood Trust, Inc. (RWT) Downgraded to Hold at Zacks Investment Research www.americanbankingnews.com - May 14 at 7:04 PM
	Redwood Trust, Inc. breached its 50 day moving average in a Bearish Manner : RWT-US : May 10, 2017 finance.yahoo.com - May 11 at 12:53 AM
	Redwood Trust's (RWT) CEO Marty Hughes on Q1 2017 Results - Earnings Call Transcript seekingalpha.com - May 5 at 7:57 PM
	Edited Transcript of RWT earnings conference call or presentation 4-May-17 9:00pm GMT finance.yahoo.com - May 5 at 7:57 PM
	Redwood Trust, Inc. Q1 Earnings Climb 11% www.nasdaq.com - May 5 at 12:55 AM
	Redwood Trust, Inc. (RWT) Announces Quarterly Earnings Results www.americanbankingnews.com - May 4 at 11:42 PM
	Redwood Trust posts 1Q profit marketbeat.com - May 4 at 8:25 PM
	Redwood Trust Reports First Quarter 2017 Results finance.yahoo.com - May 4 at 7:53 PM
	Favorable Press Coverage Likely to Affect Redwood Trust (RWT) Stock Price www.americanbankingnews.com - May 4 at 1:15 AM
	Redwood Trust, Inc. (RWT) General Counsel Andrew P. Stone Sells 3,730 Shares www.americanbankingnews.com - May 2 at 10:22 PM
	Zacks Investment Research Upgrades Redwood Trust, Inc. (RWT) to "Hold" www.americanbankingnews.com - May 2 at 7:22 AM
	Redwood Trust (RWT) Receiving Favorable News Coverage, Report Finds www.americanbankingnews.com - April 30 at 8:23 AM
	Redwood Trust Announces Timing For First Quarter 2017 Earnings Release And Earnings Call finance.yahoo.com - April 27 at 8:06 PM
	Zacks: Brokerages Anticipate Redwood Trust, Inc. (RWT) to Post $0.35 Earnings Per Share www.americanbankingnews.com - April 27 at 7:13 PM
	Redwood Trust (RWT) Receives Media Sentiment Rating of 0.46 www.americanbankingnews.com - April 26 at 4:06 PM
	Redwood Trust (RWT) Earns Coverage Optimism Rating of 0.10 www.americanbankingnews.com - April 23 at 11:26 AM
	Redwood Trust (RWT) Given Media Sentiment Score of 0.43 www.americanbankingnews.com - April 20 at 8:11 PM
	Somewhat Favorable Media Coverage Extremely Likely to Impact Redwood Trust (RWT) Stock Price www.americanbankingnews.com - April 15 at 12:57 PM
	Redwood Trust, Inc. : RWT-US: Dividend Analysis : March 16th, 2017 (record date) : By the numbers : April 5, 2017 finance.yahoo.com - April 7 at 12:25 PM
	Redwood Trust, Inc. (RWT) Expected to Announce Earnings of $0.35 Per Share www.americanbankingnews.com - April 6 at 5:19 PM
	Zacks Investment Research Downgrades Redwood Trust, Inc. (RWT) to Sell www.americanbankingnews.com - March 12 at 2:48 PM
	Moody's assigns provisional ratings to Prime RMBS issued by Sequoia Mortgage Trust 2017-3 www.moodys.com - March 7 at 9:21 AM
	REDWOOD TRUST INC Files SEC form 10-K, Annual Report biz.yahoo.com - February 24 at 9:32 PM
	Redwood Trust -4% after earnings miss seekingalpha.com - February 24 at 11:25 AM
	Redwood Trust's (RWT) CEO Marty Hughes on Q4 2016 Results - Earnings Call Transcript seekingalpha.com - February 24 at 5:13 AM
	Edited Transcript of RWT earnings conference call or presentation 23-Feb-17 10:00pm GMT finance.yahoo.com - February 24 at 5:13 AM
	Redwood Trust Reports Fourth Quarter 2016 Results us.rd.yahoo.com - February 23 at 7:48 PM
	Redwood Trust Declares $0.28 Per Share Dividend For The First Quarter Of 2017 us.rd.yahoo.com - February 23 at 7:48 PM
	4:21 pm Redwood Trust misses by $0.05 us.rd.yahoo.com - February 23 at 7:48 PM
	REDWOOD TRUST INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits us.rd.yahoo.com - February 23 at 7:48 PM
	Q4 2016 Redwood Trust Inc Earnings Release - 4:15 pm ET biz.yahoo.com - February 23 at 8:15 AM
	Redwood Trust Announces Timing For Fourth Quarter 2016 Earnings Release And Earnings Call finance.yahoo.com - February 16 at 7:20 PM
	Redwood Trust Announces Dividend Distribution Tax Information for 2016 finance.yahoo.com - January 31 at 10:12 PM
	Moody's assigns definitive ratings to Prime RMBS issued by Sequoia Mortgage Trust 2017-1 www.moodys.com - January 20 at 11:23 PM
	Moody's assigns provisional ratings to Prime RMBS issued by Sequoia Mortgage Trust 2017-1 www.moodys.com - January 6 at 9:09 PM
	REDWOOD TRUST INC Files SEC form 8-K, Financial Statements and Exhibits biz.yahoo.com - December 20 at 2:22 PM
	Form 4 REDWOOD TRUST INC For: Dec 14 Filed by: Hughes Martin S www.streetinsider.com - December 18 at 1:17 AM
	Redwood Trust (RWT) Passes Through 7% Yield Mark www.forbes.com - December 12 at 3:56 PM
	Ex-Dividend Reminder: CenterState Banks, T Rowe Price Group and Redwood Trust www.nasdaq.com - December 9 at 7:34 PM
	REDWOOD TRUST INC Files SEC form 8-K, Regulation FD Disclosure biz.yahoo.com - December 6 at 7:20 PM
	Redwood Announces Intention To Maintain Dividend At $0.28 Per Share Per Quarter In 2017 finance.yahoo.com - December 5 at 9:23 AM
	REDWOOD TRUST INC Financials finance.yahoo.com - November 16 at 7:35 PM