Top-Rated Dividend StocksTop-Rated DividendNYSE:RWT Redwood Trust (RWT) Stock Price, News & Analysis $7.40 +0.10 (+1.37%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$7.34▼$7.4550-Day Range$6.20▼$7.5052-Week Range$5.45▼$8.30Volume756,522 shsAverage Volume1.24 million shsMarket Capitalization$977.91 millionP/E Ratio105.71Dividend Yield8.65%Price Target$7.69 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Redwood Trust alerts: Email Address Redwood Trust MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.78 Rating ScoreUpside/Downside4.0% Upside$7.69 Price TargetShort InterestBearish4.18% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.01Based on 5 Articles This WeekInsider TradingAcquiring Shares$93,750 Bought Last QuarterProj. Earnings Growth42.86%From $0.49 to $0.70 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.21 out of 5 starsFinance Sector427th out of 898 stocksReal Estate Investment Trusts Industry87th out of 181 stocks 1.4 Analyst's Opinion Consensus RatingRedwood Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageRedwood Trust has only been the subject of 3 research reports in the past 90 days.Read more about Redwood Trust's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.18% of the outstanding shares of Redwood Trust have been sold short.Short Interest Ratio / Days to CoverRedwood Trust has a short interest ratio ("days to cover") of 5.7.Change versus previous monthShort interest in Redwood Trust has recently increased by 4.94%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend LeadershipRedwood Trust is a leading dividend payer. It pays a dividend yield of 8.83%, 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 CoverageThe dividend payout ratio of Redwood Trust is 914.29%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Redwood Trust will have a dividend payout ratio of 91.43% in the coming year. This indicates that Redwood Trust may not be able to sustain their current dividend.Read more about Redwood Trust's 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 3.9 News and Social Media Coverage News SentimentRedwood Trust has a news sentiment score of 1.01. 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 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Redwood Trust this week, compared to 2 articles on an average week.Search Interest12 people have searched for RWT on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows3 people have added Redwood Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Redwood Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought $93,750.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.50% of the stock of Redwood Trust is held by insiders.Percentage Held by Institutions74.34% of the stock of Redwood Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Redwood Trust's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Redwood Trust are expected to grow by 42.86% in the coming year, from $0.49 to $0.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Redwood Trust is 105.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.60.Price to Earnings Ratio vs. SectorThe P/E ratio of Redwood Trust is 105.71, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 47.30.Price to Book Value per Share RatioRedwood Trust has a P/B Ratio of 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Redwood Trust's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap Profits625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.>> Dive into the Workshop Here About Redwood Trust Stock (NYSE:RWT)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. This segment also offers derivative financial instruments to manage risks associated with residential loans. The Residential Investor Mortgage Banking segment operates a platform that originates business purpose loans to investors in single-family and multifamily residential properties and bridge loans for subsequent securitization, sale, or transfer into its investment portfolio. The Investment Portfolio segment invests in securities retained from residential consumer and investor securitization activities, and business purpose lending bridge loans, as well as residential mortgage-backed securities issued by third parties, Freddie Mac K-Series multifamily loan securitizations and reperforming loan securitizations, servicer advance investments, home equity investments, and other housing-related investments. The company is elected to be taxed as a real estate investment trust (REIT) for federal income tax purposes. Redwood Trust, Inc. was incorporated in 1994 and is headquartered in Mill Valley, California.Read More RWT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RWT Stock News HeadlinesJuly 25 at 1:39 AM | americanbankingnews.comCritical Review: Redwood Trust (NYSE:RWT) versus Rayonier (NYSE:RYN)July 22, 2024 | finance.yahoo.comWith 82% institutional ownership, Redwood Trust, Inc. (NYSE:RWT) is a favorite amongst the big gunsJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 21, 2024 | 247wallst.com5 Smartest Dividend Stocks to Buy With $200 Right NowJuly 20, 2024 | americanbankingnews.comRedwood Trust (NYSE:RWT) Price Target Raised to $8.50 at JMP SecuritiesJuly 17, 2024 | americanbankingnews.comRedwood Trust (NYSE:RWT) Price Target Raised to $7.50 at JPMorgan Chase & Co.June 13, 2024 | investing.comRedwood Trust Prices $85.0 Million Senior Notes OfferingJune 13, 2024 | businesswire.comRedwood Trust Prices $85.0 Million Senior Notes OfferingJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.June 11, 2024 | businesswire.comRedwood Trust Declares Second Quarter 2024 Common and Preferred DividendsMay 16, 2024 | markets.businessinsider.comBalancing Growth and Caution: Hold Rating on Redwood Amidst Market Developments and Valuation ConcernsMay 15, 2024 | finance.yahoo.comRedwood Trust, Inc. (RWT)May 3, 2024 | benzinga.comPeeling Back The Layers: Exploring Redwood Trust Through Analyst InsightsMay 1, 2024 | seekingalpha.comRedwood Trust, Inc. (RWT) Q1 2024 Earnings Call TranscriptMay 1, 2024 | markets.businessinsider.comRedwood Trust Reports Q1 Earnings: What Key Metrics Have to SayMay 1, 2024 | finance.yahoo.comRedwood Trust Inc (RWT) (Q1 2024) Earnings Call Transcript Highlights: Strong Performance and ...May 1, 2024 | finance.yahoo.comQ1 2024 Redwood Trust Inc Earnings CallApril 30, 2024 | markets.businessinsider.comRedwood Trust, Inc. Bottom Line Climbs In Q1See More Headlines 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 Company Calendar Last Earnings4/28/2022Ex-Dividend for 6/28 Dividend6/21/2024Dividend Payable6/28/2024Today7/27/2024Next Earnings (Confirmed)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryMortgage REITs Current SymbolNYSE:RWT CUSIP75807540 CIK930236 Webwww.redwoodtrust.com Phone(415) 389-7373Fax415-381-1773Employees289Year FoundedN/APrice Target and Rating Average Stock Price Target$7.69 High Stock Price Target$8.50 Low Stock Price Target$6.50 Potential Upside/Downside+4.0%Consensus RatingModerate Buy Rating Score (0-4)2.78 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.07 Trailing P/E Ratio105.71 Forward P/E Ratio15.10 P/E GrowthN/ANet Income$-2,270,000.00 Net Margins3.06% Pretax Margin3.55% Return on Equity4.83% Return on Assets0.38% Debt Debt-to-Equity Ratio10.66 Current Ratio9.09 Quick Ratio9.09 Sales & Book Value Annual Sales$724 million Price / Sales1.35 Cash Flow$0.63 per share Price / Cash Flow11.78 Book Value$9.94 per share Price / Book0.74Miscellaneous Outstanding Shares132,150,000Free Float128,849,000Market Cap$977.91 million OptionableOptionable Beta1.58 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Christopher J. Abate CPA (Age 44)CEO & Director Comp: $2.92MMr. Dashiell I. Robinson (Age 44)President & Director Comp: $2.61MMs. Brooke E. Carillo (Age 37)Chief Financial Officer Comp: $1.85MMr. Fred J. Matera (Age 60)Co-Head of Business Purpose Lending & Chief Investment Officer Comp: $2.19MMr. Andrew P. Stone (Age 53)Executive VP, Chief Legal Officer & Secretary Comp: $1.17MMs. Sasha G. Macomber (Age 54)Chief Human Resource Officer Comp: $967.5kMs. Kaitlyn J. MauritzMD & Head of Investor RelationsMr. Tuan Q. PhamMD & Head of MarketingMr. Shoshone A. Stern (Age 46)Head of Portfolio Strategy & Risk Comp: $852.56kMr. Andrew Michael Gillmer C.F.A.MD & Portfolio ManagerMore ExecutivesKey CompetitorsReady CapitalNYSE:RCApollo Commercial Real Estate FinanceNYSE:ARITwo Harbors InvestmentNYSE:TWOPennyMac Mortgage Investment TrustNYSE:PMTChimera InvestmentNYSE:CIMView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpSold 26,853 shares on 7/26/2024Ownership: 0.789%Ceredex Value Advisors LLCBought 297,100 shares on 7/25/2024Ownership: 0.686%Raymond James Trust N.A.Bought 6,318 shares on 7/25/2024Ownership: 0.014%Louisiana State Employees Retirement SystemBought 1,400 shares on 7/24/2024Ownership: 0.050%Nisa Investment Advisors LLCBought 6,192 shares on 7/20/2024Ownership: 0.071%View All Insider TransactionsView All Institutional Transactions RWT Stock Analysis - Frequently Asked Questions How have RWT shares performed this year? Redwood Trust's stock was trading at $7.41 at the beginning of the year. Since then, RWT shares have decreased by 0.1% and is now trading at $7.40. View the best growth stocks for 2024 here. How were Redwood Trust's earnings last quarter? Redwood Trust, Inc. (NYSE:RWT) released its earnings results on Thursday, April, 28th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.26 by $0.02. Redwood Trust had a net margin of 3.06% and a trailing twelve-month return on equity of 4.83%. Is Redwood Trust doing a stock buyback? Redwood Trust's Board of Directors initiated a stock repurchase program on Thursday, July 28th 2022, which permits the company to repurchase $125,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 11.8% of its shares through open market purchases. Shares repurchase programs are generally an indication 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. Who are Redwood Trust's major shareholders? Redwood Trust's top institutional shareholders include Bank of New York Mellon Corp (0.79%), Ceredex Value Advisors LLC (0.69%), Nisa Investment Advisors LLC (0.07%) and Louisiana State Employees Retirement System (0.05%). Insiders that own company stock include Andrew P Stone, Collin L Cochrane, Brooke Carillo 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Redwood Trust own? Based on aggregate information from My MarketBeat watchlists, some other companies that Redwood Trust investors own include EnLink Midstream (ENLC), Washington Prime Group (WPG), New Residential Investment (NRZ), Pennsylvania Real Estate Investment Trust (PEI), DHT (DHT), Golar LNG Partners (GMLP). This page (NYSE:RWT) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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