Top-Rated Dividend StocksTop-Rated DividendPositive News SentimentPositive NewsNYSE:RWT Redwood Trust (RWT) Stock Forecast, Price & News $6.80 -0.17 (-2.44%) (As of 10/3/2023 ET) Add Compare Share Share Today's Range$6.72▼$6.9350-Day Range$6.80▼$8.2252-Week Range$5.47▼$8.72Volume1.15 million shsAverage Volume1.41 million shsMarket Capitalization$776.83 millionP/E RatioN/ADividend Yield9.41%Price Target$8.56 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Redwood Trust MarketRank™ ForecastAnalyst RatingModerate Buy2.86 Rating ScoreUpside/Downside25.0% Upside$8.50 Price TargetShort InterestHealthy7.39% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth54.39%From $0.57 to $0.88 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.2.84 out of 5 starsFinance Sector171st out of 856 stocksReal Estate Investment Trusts Industry38th out of 182 stocks 3.4 Analyst's Opinion Consensus RatingRedwood Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.50, Redwood Trust has a forecasted upside of 25.0% from its current price of $6.80.Amount of Analyst CoverageRedwood Trust has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted7.39% 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 6.6.Change versus previous monthShort interest in Redwood Trust has recently decreased by 11.92%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipRedwood Trust is a leading dividend payer. It pays a dividend yield of 8.98%, 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 earnings estimates, Redwood Trust will have a dividend payout ratio of 72.73% next year. This indicates that Redwood Trust will be able to sustain or increase its 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 3.2 News and Social Media Coverage News SentimentRedwood Trust has a news sentiment score of 1.71. 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 0.69 average news sentiment score of Finance companies.Search Interest8 people have searched for RWT on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Redwood Trust to their MarketBeat watchlist in the last 30 days. This is a decrease 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 Institutions69.94% 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 54.39% in the coming year, from $0.57 to $0.88 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Redwood Trust is -8.29, 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 -8.29, 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 0.71. 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., together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. The Residential 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 Business Purpose Mortgage Banking segment operates a platform that originates and acquires business purpose loans, such as single-family rental and bridge loans for subsequent securitization, sale, or transfer into its investment portfolio. The Investment Portfolio segment invests in securities retained from residential and business purpose securitization activities, and residential and small-balance multifamily 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 qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Redwood Trust, Inc. was incorporated in 1994 and is headquartered in Mill Valley, California.Read More RWT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RWT Stock News HeadlinesSeptember 21, 2023 | finance.yahoo.comAnalyzing the Dividend Performance of Redwood Trust Inc (RWT)September 15, 2023 | markets.businessinsider.comJMP Securities Sticks to Its Buy Rating for Redwood (RWT)October 4, 2023 | Stansberry Research (Ad)Experts: NVIDIA Now "Too Big to Succeed"Several of the market’s top analysts are sounding the alarm that NVIDIA’s share price may have reached its breaking point.September 14, 2023 | finance.yahoo.comRedwood Trust CEO Christopher Abate on the REIT’s appetite for jumbos, home equitySeptember 6, 2023 | finance.yahoo.comRedwood Trust Announces Launch of Home Equity Investment PlatformAugust 20, 2023 | finance.yahoo.comWith 75% institutional ownership, Redwood Trust, Inc. (NYSE:RWT) is a favorite amongst the big gunsAugust 18, 2023 | msn.comRedwood Trust Preferred A: 10.87% Fixed-To-Floating Yield With Upside To Call/ConversionAugust 1, 2023 | msn.comCredit Suisse Maintains Redwood Trust (RWT) Outperform RecommendationOctober 4, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.July 28, 2023 | finance.yahoo.comQ2 2023 Redwood Trust Inc Earnings CallJuly 28, 2023 | finance.yahoo.comRedwood Trust Reports Second Quarter 2023 Financial ResultsJuly 28, 2023 | finance.yahoo.comRedwood Trust (RWT) Q2 Earnings Top EstimatesJuly 28, 2023 | finance.yahoo.comCompared to Estimates, Redwood Trust (RWT) Q2 Earnings: A Look at Key MetricsJuly 26, 2023 | finance.yahoo.comCoreVest Commercial Mortgage Special Servicer Ranking Confirmed from DBRS MorningstarJuly 13, 2023 | finance.yahoo.comRedwood Trust Announces Date of Second Quarter 2023 Financial Results Webcast and Conference CallJuly 12, 2023 | markets.businessinsider.comRedwood (RWT) Receives a Buy from JMP SecuritiesJune 14, 2023 | markets.businessinsider.comPiper Sandler Reaffirms Their Buy Rating on Redwood (RWT)June 14, 2023 | markets.businessinsider.comRedwood (RWT) Receives a Hold from BTIGJune 13, 2023 | msn.comRedwood Trust, Inc. 10% FXD RT PFD A declares $0.625 dividendJune 13, 2023 | finance.yahoo.comRedwood Trust Declares Second Quarter 2023 Common and Preferred DividendsMay 20, 2023 | wsj.comRedwood Trust Inc. 10% Pfd. Series AMay 19, 2023 | finance.yahoo.com2 “Strong Buy” Dividend Stocks Under $10 With at Least 15% Dividend YieldMay 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 AppealingApril 28, 2023 | msn.comJMP Securities Reiterates Redwood Trust (RWT) Market Outperform RecommendationApril 28, 2023 | finance.yahoo.comQ1 2023 Redwood Trust Inc Earnings CallApril 27, 2023 | finance.yahoo.comRedwood Trust (RWT) Misses Q1 Earnings and Revenue EstimatesSee 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 RWT Company Calendar Last Earnings4/28/2022Ex-Dividend for 9/29 Dividend9/21/2023Dividend Payable9/29/2023Today10/03/2023Next Earnings (Estimated)10/26/2023Fiscal 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) 389-7373Fax415-381-1773Employees347Year FoundedN/APrice Target and Rating Average Stock Price Forecast$8.56 High Stock Price Forecast$10.00 Low Stock Price Forecast$7.00 Forecasted Upside/Downside+25.9%Consensus RatingModerate Buy Rating Score (0-4)2.86 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($0.82) Trailing P/E RatioN/A Forward P/E Ratio11.93 P/E GrowthN/ANet Income$-163,520,000.00 Net Margins-12.13% Pretax Margin-13.55% Return on Equity3.76% Return on Assets0.31% Debt Debt-to-Equity Ratio9.44 Current Ratio6.85 Quick Ratio6.85 Sales & Book Value Annual Sales$708 million Price / Sales1.10 Cash Flow$0.46 per share Price / Cash Flow14.92 Book Value$9.56 per share Price / Book0.71Miscellaneous Outstanding Shares114,240,000Free Float111,722,000Market Cap$776.83 million OptionableOptionable Beta1.38 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Christopher J. Abate CPA (Age 43)CEO & Director Comp: $1.41MMr. Dashiell I. Robinson (Age 43)Pres & Director Comp: $1.38MMs. Brooke E. Carillo (Age 36)Chief Financial Officer Comp: $1.25MMr. Andrew P. Stone (Age 52)Exec. VP, Chief Legal Officer & Sec. Comp: $723.01kMs. Sasha G. Macomber (Age 54)Chief Human Resource Officer Comp: $758.65kMs. Carlene A. GrahamChief Operating OfficerMr. Fred J. Matera (Age 59)MD, Head of Residential & Chief Investment Officer Mr. Collin Lee Cochrane CPA (Age 46)Chief Accounting Officer Kaitlyn MauritzSr. VP & Head of Investor RelationsMr. Shoshone A. Stern (Age 45)Head of Portfolio Strategy & Risk More ExecutivesKey CompetitorsNew York Mortgage TrustNASDAQ:NYMTARMOUR Residential REITNYSE:ARRMFA FinancialNYSE:MFADynex CapitalNYSE:DXPennyMac Mortgage Investment TrustNYSE:PMTView All CompetitorsInsiders & InstitutionsWolverine Trading LLCBought 14,500 shares on 8/23/2023Ownership: 0.000%California State Teachers Retirement SystemSold 3,735 shares on 8/21/2023Ownership: 0.121%Teachers Retirement System of The State of KentuckyBought 2,050 shares on 8/21/2023Ownership: 0.031%Boothbay Fund Management LLCSold 3,278 shares on 8/15/2023Ownership: 0.013%Walleye Trading LLCSold 4,100 shares on 8/15/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions RWT Stock - Frequently Asked Questions Should I buy or sell Redwood Trust stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Redwood Trust in the last year. There are currently 2 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" RWT shares. View RWT analyst ratings or view top-rated stocks. What is Redwood Trust's stock price forecast for 2023? 7 Wall Street analysts have issued 12 month price targets for Redwood Trust's shares. Their RWT share price forecasts range from $7.00 to $10.00. On average, they predict the company's stock price to reach $8.56 in the next twelve months. This suggests a possible upside of 25.9% 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 at the beginning of 2023. Since then, RWT shares have increased by 0.6% and is now trading at $6.80. 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, October 26th 2023. View our RWT earnings forecast. How were Redwood Trust's earnings last quarter? Redwood Trust, Inc. (NYSE:RWT) issued its quarterly earnings data on Thursday, April, 28th. The real estate investment trust reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.26 by $0.02. Redwood Trust had a negative net margin of 12.13% and a positive trailing twelve-month return on equity of 3.76%. During the same quarter in the prior year, the firm earned $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, September 12th. Stockholders of record on Friday, September 22nd will be given a dividend of $0.16 per share on Friday, September 29th. This represents a $0.64 annualized dividend and a dividend yield of 9.41%. The ex-dividend date of this dividend is Thursday, September 21st. 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) and Hoya Capital High Dividend Yield ETF (RIET).Invesco Raymond James SB-1 Equity ETF (RYJ). Is Redwood Trust a good dividend stock? Redwood Trust (NYSE:RWT) pays an annual dividend of $0.64 per share and currently has a dividend yield of 8.98%. 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 declared that its board has initiated a stock buyback program on Thursday, July 28th 2022, which permits the company to buyback $125,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 11.8% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's management 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." 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 $6.80. How much money does Redwood Trust make? Redwood Trust (NYSE:RWT) has a market capitalization of $776.83 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 ($0.82) on an earnings per share basis. How many employees does Redwood Trust have? The company employs 347 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 10/4/2023 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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