Redwood Trust Company Profile (NYSE:RWT)

About Redwood Trust

Redwood Trust logoRedwood Trust, Inc., together with its subsidiaries, focuses on investing in mortgage- and other real estate-related assets. The Company operates through three segments: residential mortgage banking, residential investments, and commercial mortgage banking and investments. Its residential mortgage banking segment consists of operating a mortgage loan conduit that acquires residential whole loans from third-party originators for subsequent sale, securitization or transfer to its investment portfolio. Its residential investments segment includes a portfolio of investments in residential mortgage-backed securities retained from its Sequoia securitizations, as well as residential mortgage-backed securities issued by third parties. Its commercial mortgage banking and investments segment consists of a mortgage loan conduit that originated senior commercial loans for subsequent sale to third-party commercial mortgage backed securities (CMBS) sponsors or other investors.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Diversified
  • Sub-Industry: Mortgage REITs
  • Exchange: NYSE
  • Symbol: RWT
  • CUSIP: 75807540
Key Metrics:
  • Previous Close: $14.02
  • 50 Day Moving Average: $13.92
  • 200 Day Moving Average: $13.85
  • 52-Week Range: $9.26 - $15.24
  • Trailing P/E Ratio: 10.23
  • Foreward P/E Ratio: 9.00
  • P/E Growth: 1.30
  • Market Cap: $1.08B
  • Outstanding Shares: 76,934,000
  • Beta: 0.71
  • Net Margins: 41.54%
  • Return on Equity: 12.09%
  • Return on Assets: 2.27%
  • Debt-to-Equity Ratio: 3.24%
  • Current Ratio: 4.04%
  • Quick Ratio: 4.04%
Additional Links:
Companies Related to Redwood Trust:

Analyst Ratings

Consensus Ratings for Redwood Trust (NYSE:RWT) (?)
Ratings Breakdown: 4 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $15.46 (10.11% upside)

Analysts' Ratings History for Redwood Trust (NYSE:RWT)
DateFirmActionRatingPrice TargetDetails
8/10/2016Maxim GroupDowngradeBuy -> HoldView Rating Details
7/19/2016Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$14.50View Rating Details
5/18/2016NomuraUpgradeNeutral -> Buy$14.00 -> $16.00View Rating Details
5/13/2016Deutsche Bank AGLower Price TargetBuy$18.00 -> $17.80View Rating Details
3/21/2016Needham & Company LLCReiterated RatingNeutral$15.00 -> $14.00View Rating Details
3/19/2016FBR & CoInitiated CoverageHoldView Rating Details
5/5/2015WunderlichLower Price TargetHold$20.00 -> $18.00View Rating Details
(Data available from 10/22/2014 forward)


Earnings History for Redwood Trust (NYSE:RWT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/8/2016Q216$0.37$0.47$36.61 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$38.74 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$37.90 millionViewN/AView Earnings Details
8/7/2014Q214$0.28$0.18$43.11 millionViewN/AView Earnings Details
5/5/2014Q1$0.33$0.14$40.63 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: $1.37 EPS
Next Year EPS Consensus Estimate: $1.56 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.24$0.33$0.29
Q2 20162$0.33$0.35$0.34
Q3 20162$0.34$0.36$0.35
Q4 20162$0.35$0.36$0.36
(Data provided by Zacks Investment Research)


Current Dividend Information for Redwood Trust (NYSE:RWT)
Annual Dividend:$1.12
Dividend Yield:7.98%
Dividend Growth:3.80% (3 Year Average)
Payout Ratio:85.50% (Based on Trailing 12 Months of Earnings)
81.75% (Based on Current Year Consensus EPS Estimate)
71.79% (Based on Next Year Consensus EPS Estimate)

Dividend History for Redwood Trust (NYSE:RWT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Redwood Trust (NYSE:RWT)
Insider Ownership Percentage: 3.35%
Institutional Ownership Percentage: 86.94%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)


Latest Headlines for Redwood Trust (NYSE:RWT)
DateHeadline logoBorrowers Who Make Less Money Are Now Getting Jumbo Home Loans (NYSE:RWT) - October 21 at 10:42 AM logoRedwood Trust, Inc. : RWT-US: Dividend Analysis : September 15th, 2016 (record date) : By the numbers : October 20, 2016 (NYSE:RWT) - October 20 at 7:27 PM logoETF’s with exposure to Redwood Trust, Inc. : October 20, 2016 (NYSE:RWT) - October 20 at 7:27 PM logo26.3% Return Seen to Date on SmarTrend Redwood Trust Call (RWT) (NYSE:RWT) - October 19 at 3:46 PM logoUptrend Call Working As Redwood Trust Stock Rises 25.6% (RWT) (NYSE:RWT) - October 11 at 7:28 PM logoShares of RWT Up 29.6% Since Uptrend Call on Shares (NYSE:RWT) - October 1 at 8:40 AM logoUptrend Call Working As Redwood Trust Stock Rises 32.1% (RWT) (NYSE:RWT) - September 24 at 11:32 AM logoRedwood Trust, Inc. breached its 50 day moving average in a Bullish Manner : RWT-US : September 23, 2016 (NYSE:RWT) - September 23 at 11:51 AM logo23.7% Return Seen to Date on SmarTrend Redwood Trust Call (RWT) (NYSE:RWT) - September 16 at 6:55 PM logoETF’s with exposure to Redwood Trust, Inc. : September 13, 2016 (NYSE:RWT) - September 13 at 12:02 PM logoRedwood Trust, Inc. breached its 50 day moving average in a Bearish Manner : RWT-US : September 9, 2016 (NYSE:RWT) - September 9 at 11:54 AM logoRedwood Trust Has Returned 33.7% Since SmarTrend Recommendation (RWT) (NYSE:RWT) - September 1 at 10:18 AM logoRedwood Trust Up 33.1% Since SmarTrend Uptrend Call (RWT) (NYSE:RWT) - August 25 at 12:18 PM logoRedwood Trust Has Returned 32.2% Since SmarTrend Recommendation (RWT) (NYSE:RWT) - August 17 at 7:36 PM logoRedwood Trust, Inc. :RWT-US: Earnings Analysis: Q2, 2016 By the Numbers : August 12, 2016 (NYSE:RWT) - August 12 at 7:20 PM logoRedwood : beats 2Q profit forecasts (NYSE:RWT) - August 9 at 7:32 PM logoRedwood Trust Declares $0.28 Per Share Dividend For The Third Quarter Of 2016 (NYSE:RWT) - August 9 at 7:32 PM logoRedwood Trust, Inc. Q2 Earnings Advance 48% (NYSE:RWT) - August 9 at 7:32 PM logoRedwood Trust's (RWT) CEO Marty Hughes on Q2 2016 Results - Earnings Call Transcript (NYSE:RWT) - August 9 at 7:32 PM logoRedwood Trust beats 2Q profit forecasts (NYSE:RWT) - August 8 at 7:27 PM logoQ2 2016 Redwood Trust Inc Earnings Release - 4:15 pm ET (NYSE:RWT) - August 8 at 11:59 AM logoRedwood Trust Announces Timing For Second Quarter 2016 Earnings Release And Earnings Call (NYSE:RWT) - August 1 at 6:59 PM logoRedwood : Mortgage Partnership Finance® Program and Redwood Trust Raise Loan Limits and Expand Loan Eligibility for MPF® Direct Product (NYSE:RWT) - July 19 at 7:23 PM logoMortgage Partnership Finance® Program and Redwood Trust Raise Loan Limits and Expand Loan Eligibility for MPF® Direct Product (NYSE:RWT) - July 18 at 12:40 PM logoRedwood Trust, Inc. breached its 50 day moving average in a Bearish Manner : RWT-US : July 8, 2016 (NYSE:RWT) - July 8 at 8:22 AM logoThis Stock Has A 8.35% Yield, Sells For Less Than Book, and Insiders Have Been Buying (NYSE:RWT) - June 29 at 7:06 PM logoRedwood Trust, Inc. breached its 50 day moving average in a Bearish Manner : RWT-US : June 27, 2016 (NYSE:RWT) - June 27 at 10:41 AM logoREDWOOD TRUST INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:RWT) - June 3 at 4:35 PM logoRedwood Trust to Present at the KBW Mortgage Finance Conference (NYSE:RWT) - May 23 at 4:46 PM logoREDWOOD TRUST INC Files SEC form 8-K, Regulation FD Disclosure (NYSE:RWT) - May 23 at 4:20 PM logoRedwood Trust upgraded by Nomura (NYSE:RWT) - May 18 at 7:05 AM logoREDWOOD TRUST INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NYSE:RWT) - May 17 at 4:17 PM logoRedwood Trust Declares $0.28 Per Share Dividend For The Second Quarter Of 2016 (NYSE:RWT) - May 16 at 4:52 PM logoETF’s with exposure to Redwood Trust, Inc. : May 12, 2016 (NYSE:RWT) - May 12 at 4:52 PM logoRedwood Trust, Inc. :RWT-US: Earnings Analysis: Q1, 2016 By the Numbers (NYSE:RWT) - May 10 at 12:50 PM logoREDWOOD TRUST INC Files SEC form 10-Q, Quarterly Report (NYSE:RWT) - May 9 at 6:04 AM logoEdited Transcript of RWT earnings conference call or presentation 5-May-16 9:00pm GMT (NYSE:RWT) - May 6 at 12:16 PM logoRedwood Trust beats 1Q profit forecasts (NYSE:RWT) - May 5 at 7:42 PM
News IconLatest Analyst Ratings For Redwood Trust, Inc. (NYSE:RWT) - Share Trading News (NYSE:RWT) - April 29 at 11:17 AM logoRWT Crosses Above Key Moving Average Level (NYSE:RWT) - April 29 at 11:17 AM
News IconRedwood Trust, Inc. (NYSE:RWT) Share Rating Recap - The Post (NYSE:RWT) - April 22 at 11:55 AM
News IconHow Many Redwood Trust, Inc. (NYSE:RWT)'s Analysts Are Bullish? - The Post (NYSE:RWT) - April 22 at 11:55 AM
News IconRedwood Trust, Inc. (NYSE:RWT) Updated Broker Ratings - Risers & Fallers (NYSE:RWT) - April 22 at 11:55 AM logoRedwood Trust, Inc. (NYSE:RWT) Analyst Recommendation Outlook - Clinton Financial (NYSE:RWT) - April 12 at 2:43 PM
News IconEarnings Watch on Redwood Trust, Inc. (NYSE:RWT) - (NYSE:RWT) - April 12 at 2:43 PM logoWhy Did Mortgage Rates Ignore the Bond Market Rally? (NYSE:RWT) - April 12 at 11:07 AM
News IconBenchmark Capital Advisors buys $1.2 Million stake in Redwood Trust (RWT) - Los Angeles Mirror (NYSE:RWT) - April 9 at 1:52 PM
News IconAnalyst Review: Redwood Trust, Inc. (NYSE:RWT) - Risers & Fallers (NYSE:RWT) - April 8 at 2:57 PM
News IconNews Review: istar Inc (STAR), Redwood Trust, Inc. (RWT) - News Oracle (NYSE:RWT) - April 2 at 2:41 PM logoRedwood Trust Inc. (RWT) is Trading Higher on Unusual Volume for March 31 - (NYSE:RWT) - April 2 at 2:41 PM


Redwood Trust (NYSE:RWT) Chart for Saturday, October, 22, 2016

Last Updated on 10/22/2016 by Staff