Top-Rated Dividend StocksTop-Rated DividendPositive News SentimentPositive NewsNYSE:RWT Redwood Trust (RWT) Stock Forecast, Price & News $6.10 +0.18 (+3.04%) (As of 06/1/2023 ET) Add Compare Share Share Today's Range$5.90▼$6.1050-Day Range$5.55▼$6.8252-Week Range$5.47▼$10.44Volume987,183 shsAverage Volume1.12 million shsMarket Capitalization$695.58 millionP/E RatioN/ADividend Yield15.08%Price Target$8.83 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Redwood Trust MarketRank™ ForecastAnalyst RatingModerate Buy2.88 Rating ScoreUpside/Downside44.8% Upside$8.83 Price TargetShort InterestBearish6.61% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.81Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth74.00%From $0.50 to $0.87 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.71 out of 5 starsFinance Sector679th out of 1,786 stocksReal Estate Investment Trusts Industry99th out of 382 stocks 3.4 Analyst's Opinion Consensus RatingRedwood Trust has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.83, Redwood Trust has a forecasted upside of 44.8% from its current price of $6.10.Amount of Analyst CoverageRedwood Trust has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted6.61% of the float of Redwood Trust has been sold short.Short Interest Ratio / Days to CoverRedwood Trust has a short interest ratio ("days to cover") of 6.3.Change versus previous monthShort interest in Redwood Trust has recently decreased by 0.27%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend LeadershipRedwood Trust is a leading dividend payer. It pays a dividend yield of 15.36%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthRedwood Trust does not have a long track record of dividend growth.Dividend SustainabilityBased on EPS estimates, Redwood Trust will have a dividend payout ratio of 105.75% in the coming year. This indicates that Redwood Trust may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RWT. Previous Next 3.8 News and Social Media Coverage News SentimentRedwood Trust has a news sentiment score of 1.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Redwood Trust this week, compared to 2 articles on an average week.Search Interest19 people have searched for RWT on MarketBeat in the last 30 days. This is an increase of 533% compared to the previous 30 days.MarketBeat Follows8 people have added Redwood Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Redwood Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.20% of the stock of Redwood Trust is held by insiders.Percentage Held by Institutions71.73% of the stock of Redwood Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Redwood Trust are expected to grow by 74.00% in the coming year, from $0.50 to $0.87 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Redwood Trust is -3.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Redwood Trust is -3.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioRedwood Trust has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Redwood Trust (NYSE:RWT) StockRedwood Trust, Inc. is a financial company, which focuses on several distinct areas of housing credit. It operates through the following segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. The Residential Mortgage Banking segment consists of a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer into the investment portfolio. The Business Purpose Mortgage Banking segment includes the platform that originates and acquires business purpose residential loans. The Investment Portfolio segment covers the organic investments sourced through the residential and business purpose mortgage banking operations. The company was founded by George E. Bull III, Douglas B. Hansen and Frederick H. Borden on April 11, 1994 and is headquartered in Mill Valley, CA.Read More Receive RWT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Redwood Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address RWT Stock News HeadlinesMay 23, 2023 | americanbankingnews.comAnalysts Set Redwood Trust, Inc. (NYSE:RWT) PT at $8.63May 20, 2023 | wsj.comRedwood Trust Inc. 10% Pfd. Series AJune 1, 2023 | Edge On The Street (Ad)The $193 Billion US-China War You Don't Know AboutThey're fighting for control of lithium – a key ingredient in EVs and clean energy technology. It's arguably the most important commodity of the 21st century. China owns 80% of global supply. But the US plans to grab a massive slice of the lithium market, which is forecasted to quadruple to $193 billion by 2028, according to Fortune Business Insights.May 19, 2023 | finance.yahoo.com2 “Strong Buy” Dividend Stocks Under $10 With at Least 15% Dividend YieldMay 14, 2023 | americanbankingnews.comRedwood Trust (NYSE:RWT) Rating Increased to Hold at StockNews.comMay 6, 2023 | americanbankingnews.comPiper Sandler Cuts Redwood Trust (NYSE:RWT) Price Target to $7.00May 5, 2023 | americanbankingnews.comQ2 2023 Earnings Forecast for Redwood Trust, Inc. (NYSE:RWT) Issued By WedbushMay 4, 2023 | americanbankingnews.comStockNews.com Upgrades Redwood Trust (NYSE:RWT) to "Hold"June 1, 2023 | Edge On The Street (Ad)The $193 Billion US-China War You Don't Know AboutThey're fighting for control of lithium – a key ingredient in EVs and clean energy technology. It's arguably the most important commodity of the 21st century. China owns 80% of global supply. But the US plans to grab a massive slice of the lithium market, which is forecasted to quadruple to $193 billion by 2028, according to Fortune Business Insights.May 3, 2023 | msn.comPiper Sandler Maintains Redwood Trust (RWT) Overweight RecommendationMay 2, 2023 | msn.comRedwood Trust: The Dividend Will Be Cut, But The Valuation Is AppealingMay 2, 2023 | americanbankingnews.comJefferies Financial Group Weighs in on Redwood Trust, Inc.'s Q3 2023 Earnings (NYSE:RWT)April 28, 2023 | msn.comJMP Securities Reiterates Redwood Trust (RWT) Market Outperform RecommendationApril 28, 2023 | finance.yahoo.comQ1 2023 Redwood Trust Inc Earnings CallApril 28, 2023 | americanbankingnews.comRedwood Trust, Inc. (NYSE:RWT) Given Consensus Recommendation of "Moderate Buy" by AnalystsApril 27, 2023 | finance.yahoo.comRedwood Trust (RWT) Misses Q1 Earnings and Revenue EstimatesApril 27, 2023 | markets.businessinsider.comRedwood Trust, Inc. Reports Fall In Q1 Profit, misses estimatesApril 27, 2023 | americanbankingnews.comRedwood Trust (NYSE:RWT) Cut to "Sell" at StockNews.comApril 26, 2023 | benzinga.comRedwood Trust Earnings PreviewApril 26, 2023 | markets.businessinsider.comHere's what Wall Street expects from Redwood Trust's earnings reportApril 26, 2023 | americanbankingnews.comRedwood Trust (RWT) Set to Announce Earnings on ThursdayApril 24, 2023 | msn.comJP Morgan Maintains Redwood Trust (RWT) Overweight RecommendationApril 24, 2023 | msn.comKeefe, Bruyette & Woods Maintains Redwood Trust (RWT) Outperform RecommendationApril 24, 2023 | americanbankingnews.comRedwood Trust (NYSE:RWT) PT Lowered to $7.50April 13, 2023 | finance.yahoo.comRedwood Trust Announces Date of First Quarter 2023 Financial Results Webcast and Conference CallApril 11, 2023 | americanbankingnews.comReviewing Ventas (NYSE:VTR) & Redwood Trust (NYSE:RWT)April 5, 2023 | americanbankingnews.comRedwood Trust, Inc. (NYSE:RWT) Receives $9.31 Consensus Target Price from AnalystsSee More Headlines RWT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RWT Company Calendar Last Earnings4/28/2022Ex-Dividend for 3/31 Dividend3/23/2023Dividend Payable3/31/2023Today6/01/2023Next Earnings (Estimated)7/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryMortgage REITs SectorFinance Current SymbolNYSE:RWT CUSIP75807540 CIK930236 Webwww.redwoodtrust.com Phone(415) 389-7373Fax415-381-1773Employees298Year FoundedN/APrice Target and Rating Average Stock Price Forecast$8.83 High Stock Price Forecast$10.50 Low Stock Price Forecast$7.00 Forecasted Upside/Downside+44.8%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($1.67) Trailing P/E RatioN/A Forward P/E Ratio12.20 P/E GrowthN/ANet Income$-163,520,000.00 Net Margins-27.12% Pretax Margin-29.90% Return on Equity0.96% Return on Assets0.08% Debt Debt-to-Equity Ratio9.51 Current Ratio6.57 Quick Ratio6.57 Sales & Book Value Annual Sales$708 million Price / Sales0.98 Cash Flow$0.49 per share Price / Cash Flow12.53 Book Value$9.39 per share Price / Book0.65Miscellaneous Outstanding Shares114,030,000Free Float111,520,000Market Cap$695.58 million OptionableOptionable Beta1.36 Key ExecutivesChristopher J. AbateChief Executive Officer & DirectorDashiell I. RobinsonPresident & DirectorBrooke E. CarilloChief Financial OfficerJ. Thomas RichardsonChief Technology OfficerAndrew P. StoneSecretary, Chief Legal Officer & Executive VPKey CompetitorsDynex CapitalNYSE:DXAres Commercial Real EstateNYSE:ACRENew York Mortgage TrustNASDAQ:NYMTInvesco Mortgage CapitalNYSE:IVRARMOUR Residential REITNYSE:ARRView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Sold 15,815 shares on 5/22/2023Ownership: 0.401%New York State Common Retirement FundSold 4,797,000 shares on 5/18/2023Ownership: 0.050%Thrivent Financial for LutheransSold 3,803 shares on 5/17/2023Ownership: 0.099%B. Riley Wealth Advisors Inc.Sold 7,538 shares on 5/17/2023Ownership: 0.010%Squarepoint Ops LLCSold 3,324 shares on 5/16/2023Ownership: 0.014%View All Insider TransactionsView All Institutional Transactions RWT Stock - Frequently Asked Questions Should I buy or sell Redwood Trust stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Redwood Trust in the last twelve months. There are currently 2 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" RWT shares. View RWT analyst ratings or view top-rated stocks. What is Redwood Trust's stock price forecast for 2023? 8 Wall Street analysts have issued twelve-month price targets for Redwood Trust's shares. Their RWT share price forecasts range from $7.00 to $10.50. On average, they predict the company's share price to reach $8.83 in the next year. This suggests a possible upside of 44.8% from the stock's current price. View analysts price targets for RWT or view top-rated stocks among Wall Street analysts. How have RWT shares performed in 2023? Redwood Trust's stock was trading at $6.76 on January 1st, 2023. Since then, RWT stock has decreased by 9.8% and is now trading at $6.10. View the best growth stocks for 2023 here. When is Redwood Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023. View our RWT earnings forecast. How were Redwood Trust's earnings last quarter? Redwood Trust, Inc. (NYSE:RWT) announced its quarterly earnings data on Thursday, April, 28th. The real estate investment trust reported $0.24 earnings per share for the quarter, missing analysts' consensus estimates of $0.26 by $0.02. Redwood Trust had a positive trailing twelve-month return on equity of 0.96% and a negative net margin of 27.12%. During the same quarter last year, the business posted $0.40 earnings per share. How often does Redwood Trust pay dividends? What is the dividend yield for Redwood Trust? Redwood Trust announced a quarterly dividend on Tuesday, March 14th. Investors of record on Friday, March 24th will be given a dividend of $0.23 per share on Friday, March 31st. This represents a $0.92 dividend on an annualized basis and a dividend yield of 15.08%. The ex-dividend date is Thursday, March 23rd. Read our dividend analysis for RWT. What ETFs hold Redwood Trust's stock? ETFs with the largest weight of Redwood Trust (NYSE:RWT) stock in their portfolio include WisdomTree Alternative Income Fund (HYIN), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), VanEck Mortgage REIT Income ETF (MORT), iShares Mortgage Real Estate ETF (REM), Global X SuperDividend ETF (SDIV), Invesco Raymond James SB-1 Equity ETF (RYJ), Invesco S&P SmallCap Financials ETF (PSCF) and Is Redwood Trust a good dividend stock? Redwood Trust (NYSE:RWT) pays an annual dividend of $0.92 per share and currently has a dividend yield of 15.36%. RWT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for RWT. How will Redwood Trust's stock buyback program work? Redwood Trust announced that its Board of Directors has approved a share buyback program on Thursday, July 28th 2022, which allows the company to repurchase $125,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 11.8% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued. What is Christopher Abate's approval rating as Redwood Trust's CEO? 10 employees have rated Redwood Trust Chief Executive Officer Christopher Abate on Glassdoor.com. Christopher Abate has an approval rating of 100% among the company's employees. This puts Christopher Abate in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Redwood Trust own? Based on aggregate information from My MarketBeat watchlists, some companies that other Redwood Trust investors own include EnLink Midstream (ENLC), Washington Prime Group (WPG), New Residential Investment (NRZ), Pennsylvania Real Estate Investment Trust (PEI), DHT (DHT), Gran Tierra Energy (GTE), Golar LNG Partners (GMLP), ADMA Biologics (ADMA), Two Harbors Investment (TWO) and Enerplus (ERF). What is Redwood Trust's stock symbol? Redwood Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "RWT." Who are Redwood Trust's major shareholders? Redwood Trust's stock is owned by a number of retail and institutional investors. Top institutional investors include State Street Corp (4.11%), HBK Investments L P (0.00%), Geode Capital Management LLC (1.89%), Clearbridge Investments LLC (1.64%), Charles Schwab Investment Management Inc. (1.34%) and Peregrine Capital Management LLC (1.19%). Insiders that own company stock include Andrew P Stone, Collin L Cochrane, Georganne Proctor and Sasha G Macomber. View institutional ownership trends. How do I buy shares of Redwood Trust? Shares of RWT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Redwood Trust's stock price today? One share of RWT stock can currently be purchased for approximately $6.10. How much money does Redwood Trust make? Redwood Trust (NYSE:RWT) has a market capitalization of $695.58 million and generates $708 million in revenue each year. The real estate investment trust earns $-163,520,000.00 in net income (profit) each year or ($1.67) on an earnings per share basis. How many employees does Redwood Trust have? The company employs 298 workers across the globe. How can I contact Redwood Trust? Redwood Trust's mailing address is ONE BELVEDERE PLACE SUITE 300, MILL VALLEY CA, 94941. The official website for the company is www.redwoodtrust.com. The real estate investment trust can be reached via phone at (415) 389-7373, via email at investorrelations@redwoodtrust.com, or via fax at 415-381-1773. This page (NYSE:RWT) was last updated on 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Redwood Trust, Inc. 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