Redwood Trust Company Profile (NYSE:RWT)

About Redwood Trust (NYSE:RWT)

Redwood Trust logoRedwood 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:
  • 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
  • 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
  • Annual Dividend: $1.12
  • Dividend Yield: 6.8%
  • Net Margins: 48.35%
  • Return on Equity: 15.35%
  • Return on Assets: 2.88%
  • Debt-to-Equity Ratio: 3.04%
  • Current Ratio: 3.81%
  • Quick Ratio: 3.81%
  • 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?

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.

Analyst Ratings

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)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/10/2016Maxim GroupDowngradeBuy -> HoldN/AView Rating Details
7/19/2016Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$14.50N/AView Rating Details
5/18/2016NomuraUpgradeNeutral -> Buy$14.00 -> $16.00N/AView Rating Details
5/13/2016Deutsche Bank AGLower Price TargetBuy$18.00 -> $17.80N/AView Rating Details
3/21/2016Needham & Company LLCReiterated RatingNeutral$15.00 -> $14.00N/AView Rating Details
3/19/2016FBR & CoInitiated CoverageHoldN/AView Rating Details
(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)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/2017Q1 2017$0.36$0.36$34.89 million$62.00 millionViewListenView Earnings Details
2/23/2017Q416$0.36$0.33$39.19 million$36.00 millionViewN/AView Earnings Details
11/7/2016Q316$0.38$0.39$40.43 million$73.00 millionViewListenView Earnings Details
8/8/2016Q216$0.37$0.47$35.60 million$44.00 millionViewN/AView Earnings Details
5/5/2016Q1$0.28$0.44$44.12 million$38.00 millionViewN/AView Earnings Details
2/25/2016Q4$0.26$0.46$42.35 million$44.00 millionViewListenView Earnings Details
11/5/2015Q315$0.32$0.22$41.63 million$40.00 millionViewN/AView Earnings Details
8/5/2015Q215$0.40$0.31$42.71 million$40.00 millionViewN/AView Earnings Details
5/4/2015Q115$0.35$0.16$41.80 million$40.00 millionViewN/AView Earnings Details
2/23/2015Q414$0.35$0.31$40.03 million$41.00 millionViewN/AView Earnings Details
11/6/2014Q3$0.33$0.50$48.94 million$40.00 millionViewN/AView Earnings Details
8/7/2014Q214$0.28$0.18$43.47 million$37.00 millionViewN/AView Earnings Details
5/5/2014Q1$0.33$0.14$40.05 million$36.00 millionViewN/AView Earnings Details
2/24/2014Q413$0.28$0.29ViewN/AView Earnings Details
10/31/2013Q313$0.18$0.25$39.11 million$41.00 millionViewN/AView Earnings Details
8/1/2013Q213$0.31$0.71$36.90 millionViewN/AView Earnings Details
5/2/2013Q113$0.46$0.69$28.33 millionViewN/AView Earnings Details
2/21/2013$0.30$0.50$32.99 millionViewN/AView Earnings Details
11/1/2012$0.23$0.48ViewN/AView Earnings Details
8/2/2012$0.18$0.24ViewN/AView Earnings Details
11/3/2011$0.20$0.01ViewN/AView Earnings Details
8/4/2011$0.26$0.11ViewN/AView Earnings Details
5/5/2011$0.27$0.22ViewN/AView Earnings Details
2/24/2011$0.26$0.25ViewN/AView Earnings Details
(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)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Redwood Trust (NYSE:RWT)
Insider Ownership Percentage: 3.35%
Institutional Ownership Percentage: 83.73%
Insider Trades by Quarter for Redwood Trust (NYSE:RWT)
Institutional Ownership by Quarter for Redwood Trust (NYSE:RWT)
Insider Trades by Quarter for Redwood Trust (NYSE:RWT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/22/2017Karen R PallottaDirectorBuy3,027$16.53$50,036.31View SEC Filing  
5/1/2017Andrew P StoneGeneral CounselSell3,730$17.24$64,305.20View SEC Filing  
12/19/2016Andrew P StoneGeneral CounselSell5,000$15.30$76,500.00View SEC Filing  
5/16/2016Mariann H ByerwalterDirectorSell9,759$13.27$129,501.93View SEC Filing  
5/2/2016Andrew P StoneInsiderSell12,250$12.79$156,677.50View SEC Filing  
5/2/2016Brett D NicholasPresidentSell5,786$12.79$74,002.94View SEC Filing  
5/2/2016Christopher J AbateCFOSell7,622$12.79$97,485.38View SEC Filing  
5/2/2016Richard BaumDirectorSell3,903$12.79$49,919.37View SEC Filing  
3/1/2016Greg H KubicekDirectorBuy5,000$12.07$60,350.00View SEC Filing  
3/1/2016Martin S HughesCEOBuy20,000$12.06$241,200.00View SEC Filing  
12/21/2015Andrew P. StoneGeneral CounselSell1,029$13.42$13,809.18View SEC Filing  
12/21/2015Brett D. NicholasPresidentSell549$13.44$7,378.56View SEC Filing  
12/21/2015Christopher J. AbateCFOSell1,201$13.43$16,129.43View SEC Filing  
12/21/2015Fred MateraCIOSell257$13.44$3,454.08View SEC Filing  
12/21/2015Martin S. HughesCEOSell1,381$13.42$18,533.02View SEC Filing  
5/4/2015Andrew P StoneGeneral CounselSell7,498$17.05$127,840.90View SEC Filing  
5/4/2015Brett D NicholasPresidentSell12,300$17.04$209,592.00View SEC Filing  
5/4/2015Christopher J AbateCFOSell2,026$17.05$34,543.30View SEC Filing  
5/4/2015Fred MateraCIOSell3,628$17.05$61,857.40View SEC Filing  
5/4/2015Martin S HughesCEOSell26,616$17.05$453,802.80View SEC Filing  
11/12/2014Mariann H ByerwalterDirectorSell2,172$19.81$43,027.32View SEC Filing  
8/13/2014Andrew P StoneGeneral CounselSell2,091$19.05$39,833.55View SEC Filing  
8/13/2014Mariann H ByerwalterDirectorSell2,172$19.17$41,637.24View SEC Filing  
5/14/2014Mariann ByerwalterDirectorSell2,173$19.20$41,721.60View SEC Filing  
5/1/2014Andrew StoneGeneral CounselSell4,074$21.45$87,387.30View SEC Filing  
5/1/2014Brett NicholasPresidentSell7,751$21.45$166,258.95View SEC Filing  
5/1/2014Martin HughesCEOSell17,144$21.45$367,738.80View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Redwood Trust (NYSE:RWT)
Latest Headlines for Redwood Trust (NYSE:RWT)
DateHeadline logoRedwood Trust, Inc. breached its 50 day moving average in a Bullish Manner : RWT-US : May 24, 2017 - May 24 at 9:40 AM logoKaren R. Pallotta Buys 3,027 Shares of Redwood Trust, Inc. (RWT) Stock - May 23 at 8:34 PM logoRedwood Trust to Present at the 2017 KBW Mortgage Finance Conference - May 22 at 6:43 PM logoRedwood Trust Inc (RWT) - May 19 at 12:36 PM logoRedwood Trust Declares $0.28 Per Share Dividend For The Second Quarter Of 2017 - May 19 at 12:36 PM logoRedwood Trust, Inc. Plans Quarterly Dividend of $0.28 (RWT) - May 18 at 8:10 PM logoZacks: Brokerages Anticipate Redwood Trust, Inc. (RWT) to Post $0.36 EPS - May 18 at 10:28 AM logoIs Redwood Trust, Inc. (RWT) a Great Stock for Value Investors? - May 16 at 7:32 PM logoRedwood Trust, Inc. (RWT) Downgraded to Hold at Zacks Investment Research - May 14 at 7:04 PM logoRedwood Trust, Inc. breached its 50 day moving average in a Bearish Manner : RWT-US : May 10, 2017 - May 11 at 12:53 AM logoRedwood Trust's (RWT) CEO Marty Hughes on Q1 2017 Results - Earnings Call Transcript - May 5 at 7:57 PM logoEdited Transcript of RWT earnings conference call or presentation 4-May-17 9:00pm GMT - May 5 at 7:57 PM logoRedwood Trust, Inc. Q1 Earnings Climb 11% - May 5 at 12:55 AM logoRedwood Trust, Inc. (RWT) Announces Quarterly Earnings Results - May 4 at 11:42 PM logoRedwood Trust posts 1Q profit - May 4 at 8:25 PM logoRedwood Trust Reports First Quarter 2017 Results - May 4 at 7:53 PM logoFavorable Press Coverage Likely to Affect Redwood Trust (RWT) Stock Price - May 4 at 1:15 AM logoRedwood Trust, Inc. (RWT) General Counsel Andrew P. Stone Sells 3,730 Shares - May 2 at 10:22 PM logoZacks Investment Research Upgrades Redwood Trust, Inc. (RWT) to "Hold" - May 2 at 7:22 AM logoRedwood Trust (RWT) Receiving Favorable News Coverage, Report Finds - April 30 at 8:23 AM logoRedwood Trust Announces Timing For First Quarter 2017 Earnings Release And Earnings Call - April 27 at 8:06 PM logoZacks: Brokerages Anticipate Redwood Trust, Inc. (RWT) to Post $0.35 Earnings Per Share - April 27 at 7:13 PM logoRedwood Trust (RWT) Receives Media Sentiment Rating of 0.46 - April 26 at 4:06 PM logoRedwood Trust (RWT) Earns Coverage Optimism Rating of 0.10 - April 23 at 11:26 AM logoRedwood Trust (RWT) Given Media Sentiment Score of 0.43 - April 20 at 8:11 PM logoSomewhat Favorable Media Coverage Extremely Likely to Impact Redwood Trust (RWT) Stock Price - April 15 at 12:57 PM logoRedwood Trust, Inc. : RWT-US: Dividend Analysis : March 16th, 2017 (record date) : By the numbers : April 5, 2017 - April 7 at 12:25 PM logoRedwood Trust, Inc. (RWT) Expected to Announce Earnings of $0.35 Per Share - April 6 at 5:19 PM logoZacks Investment Research Downgrades Redwood Trust, Inc. (RWT) to Sell - March 12 at 2:48 PM logoMoody's assigns provisional ratings to Prime RMBS issued by Sequoia Mortgage Trust 2017-3 - March 7 at 9:21 AM logoREDWOOD TRUST INC Files SEC form 10-K, Annual Report - February 24 at 9:32 PM logoRedwood Trust -4% after earnings miss - February 24 at 11:25 AM logoRedwood Trust's (RWT) CEO Marty Hughes on Q4 2016 Results - Earnings Call Transcript - February 24 at 5:13 AM logoEdited Transcript of RWT earnings conference call or presentation 23-Feb-17 10:00pm GMT - February 24 at 5:13 AM logoRedwood Trust Reports Fourth Quarter 2016 Results - February 23 at 7:48 PM logoRedwood Trust Declares $0.28 Per Share Dividend For The First Quarter Of 2017 - February 23 at 7:48 PM logo4:21 pm Redwood Trust misses by $0.05 - February 23 at 7:48 PM logoREDWOOD TRUST INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits - February 23 at 7:48 PM logoQ4 2016 Redwood Trust Inc Earnings Release - 4:15 pm ET - February 23 at 8:15 AM logoRedwood Trust Announces Timing For Fourth Quarter 2016 Earnings Release And Earnings Call - February 16 at 7:20 PM logoRedwood Trust Announces Dividend Distribution Tax Information for 2016 - January 31 at 10:12 PM logoMoody's assigns definitive ratings to Prime RMBS issued by Sequoia Mortgage Trust 2017-1 - January 20 at 11:23 PM logoMoody's assigns provisional ratings to Prime RMBS issued by Sequoia Mortgage Trust 2017-1 - January 6 at 9:09 PM logoREDWOOD TRUST INC Files SEC form 8-K, Financial Statements and Exhibits - December 20 at 2:22 PM logoForm 4 REDWOOD TRUST INC For: Dec 14 Filed by: Hughes Martin S - December 18 at 1:17 AM logoRedwood Trust (RWT) Passes Through 7% Yield Mark - December 12 at 3:56 PM logoEx-Dividend Reminder: CenterState Banks, T Rowe Price Group and Redwood Trust - December 9 at 7:34 PM logoREDWOOD TRUST INC Files SEC form 8-K, Regulation FD Disclosure - December 6 at 7:20 PM logoRedwood Announces Intention To Maintain Dividend At $0.28 Per Share Per Quarter In 2017 - December 5 at 9:23 AM logoREDWOOD TRUST INC Financials - November 16 at 7:35 PM



Redwood Trust (RWT) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by Staff