NYSE:RWT - Redwood Trust Stock Price, News, & Analysis

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$16.37 +0.04 (+0.24 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$16.37
Today's Range$16.2650 - $16.39
52-Week Range$14.29 - $17.50
Volume2.66 million shs
Average Volume635,317 shs
Market Capitalization$1.35 billion
P/E Ratio11.78
Dividend Yield7.35%
Redwood Trust logoRedwood Trust, Inc., together with its subsidiaries, engages in mortgage banking activities in the United States. The company operates through two segments, Investment Portfolio and Residential Mortgage Banking. The Investment Portfolio segment offers a portfolio of investments in residential mortgage-backed securities retained from Sequoia securitizations, and issued by third parties and other credit risk-related investments; and invests in residential loans held for investment and mortgage servicing rights associated with residential loans. The Residential Mortgage Banking segment operates a mortgage loan conduit, which acquires residential loans from third-party originators for sale, securitization, or transfer to investment portfolio. This segment also includes derivative financial instruments to manage risks associated with residential loans. It qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, the company intends to distribute at least 90% of its taxable income as dividends to shareholders. Redwood Trust, Inc. was founded in 1994 and is headquartered in Mill Valley, California.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryMortgage REITs


Debt-to-Equity Ratio3.82
Current Ratio3.74
Quick Ratio3.74


Trailing P/E Ratio11.78
Forward P/E Ratio9.20
P/E GrowthN/A

Sales & Book Value

Annual Sales$338 million
Price / Sales4.02
Cash Flow$1.3255 per share
Price / Cash12.35
Book Value$15.72 per share
Price / Book1.04


EPS (Most Recent Fiscal Year)$1.39
Net Income$140.40 million
Net Margins37.60%
Return on Equity12.65%
Return on Assets2.23%


Outstanding Shares82,930,000
Market Cap$1.35 billion

Redwood Trust (NYSE:RWT) Frequently Asked Questions

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 Tuesday, August 7th. Investors of record on Friday, September 14th will be given a dividend of $0.30 per share on Friday, September 28th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 7.33%. The ex-dividend date is Thursday, September 13th. View Redwood Trust's Dividend History.

How were Redwood Trust's earnings last quarter?

Redwood Trust, Inc. (NYSE:RWT) announced its earnings results on Tuesday, August, 7th. The real estate investment trust reported $0.41 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.39 by $0.02. The real estate investment trust had revenue of $55 million for the quarter. Redwood Trust had a return on equity of 12.65% and a net margin of 37.60%. During the same period in the prior year, the business earned $0.35 EPS. View Redwood Trust's Earnings History.

When is Redwood Trust's next earnings date?

Redwood Trust is scheduled to release their next quarterly earnings announcement on Monday, November, 5th 2018. View Earnings Estimates for Redwood Trust.

What guidance has Redwood Trust issued on next quarter's earnings?

Redwood Trust issued an update on its second quarter earnings guidance on Monday, July, 23rd. The company provided earnings per share (EPS) guidance of $0.39-0.41 for the period, compared to the Thomson Reuters consensus estimate of $0.39.

What price target have analysts set for RWT?

3 analysts have issued 1 year price objectives for Redwood Trust's shares. Their forecasts range from $17.00 to $18.00. On average, they anticipate Redwood Trust's stock price to reach $17.50 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price. View Analyst Price Targets for Redwood Trust.

What is the consensus analysts' recommendation for Redwood Trust?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Redwood Trust in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Redwood Trust.

Who are some of Redwood Trust's key competitors?

Who are Redwood Trust's key executives?

Redwood Trust's management team includes the folowing people:
  • Mr. Christopher J. Abate, CEO & Director (Age 38)
  • Mr. Dashiell I. Robinson, Pres (Age 38)
  • Mr. Collin Lee Cochrane CPA, Chief Financial Officer (Age 41)
  • Mr. Andrew P. Stone, Exec. VP, Gen. Counsel & Sec. (Age 47)
  • Mr. Garnet W. Kanouse, MD & Head of Residential (Age 45)

Who are Redwood Trust's major shareholders?

Redwood Trust's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.33%), Voya Investment Management LLC (1.41%), Renaissance Technologies LLC (1.07%), Global X Management Co LLC (1.01%), Victory Capital Management Inc. (0.92%) and Sapience Investments LLC (0.90%). Company insiders that own Redwood Trust stock include Andrew P Stone and Karen R Pallotta. View Institutional Ownership Trends for Redwood Trust.

Which major investors are selling Redwood Trust stock?

RWT stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, California Public Employees Retirement System, Van ECK Associates Corp, TIAA FSB, Farmers & Merchants Investments Inc., Sapience Investments LLC, White Pine Investment CO and IndexIQ Advisors LLC. View Insider Buying and Selling for Redwood Trust.

Which major investors are buying Redwood Trust stock?

RWT stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., BlackRock Inc., First Trust Advisors LP, Voya Investment Management LLC, Connor Clark & Lunn Investment Management Ltd., LSV Asset Management, GSA Capital Partners LLP and Global X Management Co LLC. View Insider Buying and Selling for Redwood Trust.

How do I buy shares of Redwood Trust?

Shares of RWT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Redwood Trust's stock price today?

One share of RWT stock can currently be purchased for approximately $16.37.

How big of a company is Redwood Trust?

Redwood Trust has a market capitalization of $1.35 billion and generates $338 million in revenue each year. The real estate investment trust earns $140.40 million in net income (profit) each year or $1.39 on an earnings per share basis. Redwood Trust employs 120 workers across the globe.

What is Redwood Trust's official website?

The official website for Redwood Trust is http://www.redwoodtrust.com.

How can I contact Redwood Trust?

Redwood Trust's mailing address is ONE BELVEDERE PLACE SUITE 300, MILL VALLEY CA, 94941. The real estate investment trust can be reached via phone at 415-389-7373 or via email at [email protected]

MarketBeat Community Rating for Redwood Trust (NYSE RWT)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  258 (Vote Outperform)
Underperform Votes:  248 (Vote Underperform)
Total Votes:  506
MarketBeat's community ratings are surveys of what our community members think about Redwood Trust and other stocks. Vote "Outperform" if you believe RWT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RWT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/22/2018 by MarketBeat.com Staff

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