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

$16.26
+0.06 (+0.37 %)
(As of 12/15/2019 02:17 AM ET)
Today's Range
$16.15
Now: $16.26
$16.30
50-Day Range
$16.05
MA: $16.31
$16.76
52-Week Range
$14.29
Now: $16.26
$17.28
Volume1.14 million shs
Average Volume695,544 shs
Market Capitalization$1.83 billion
P/E Ratio9.13
Dividend Yield7.29%
Beta0.58
Redwood Trust, Inc, together with its subsidiaries, operates as a specialty finance company 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, as well as issued by third parties and other credit risk-related investments; and invests directly in residential mortgage loans. Read More…

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryMortgage REITs
SectorFinance
CUSIP75807540
Phone415-389-7373

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$453 million
Cash Flow$1.81 per share
Book Value$15.89 per share

Profitability

Net Income$119.60 million

Miscellaneous

Employees149
Market Cap$1.83 billion
Next Earnings Date2/13/2020 (Estimated)
OptionableOptionable

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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 Thursday, November 7th. Stockholders of record on Monday, December 16th will be paid a dividend of $0.30 per share on Monday, December 30th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 7.38%. The ex-dividend date is Friday, December 13th. View Redwood Trust's Dividend History.

How were Redwood Trust's earnings last quarter?

Redwood Trust, Inc. (NYSE:RWT) released its quarterly earnings results on Wednesday, October, 30th. The real estate investment trust reported $0.37 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.40 by $0.03. The real estate investment trust had revenue of $34 million for the quarter, compared to analysts' expectations of $44.50 million. Redwood Trust had a net margin of 19.44% and a return on equity of 10.37%. During the same quarter in the previous year, the firm posted $0.39 earnings per share. 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 Thursday, February 13th 2020. View Earnings Estimates for Redwood Trust.

What price target have analysts set for RWT?

3 equities research analysts have issued 1 year price objectives for Redwood Trust's shares. Their forecasts range from $17.00 to $18.00. On average, they expect Redwood Trust's share price to reach $17.67 in the next twelve months. This suggests a possible upside of 8.7% 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Redwood Trust.

Has Redwood Trust been receiving favorable news coverage?

Media stories about RWT stock have been trending negative on Sunday, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Redwood Trust earned a daily sentiment score of -2.0 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Redwood Trust.

Who are some of Redwood Trust's key competitors?

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 General Electric (GE), Intel (INTC), Two Harbors Investment (TWO), Amphenol (APH), Ford Motor (F), AGNC Investment (AGNC), Senior Housing Properties Trust (SNH), Alibaba Group (BABA), Micron Technology (MU) and New Residential Investment (NRZ).

Who are Redwood Trust's key executives?

Redwood Trust's management team includes the folowing people:
  • Mr. Christopher J. Abate, CEO & Director (Age 39)
  • Mr. Dashiell I. Robinson, Pres (Age 39)
  • Mr. Collin Lee Cochrane CPA, Chief Financial Officer (Age 42)
  • Mr. Andrew P. Stone, Exec. VP, Gen. Counsel & Sec. (Age 48)
  • Mr. Garnet W. Kanouse, MD & Head of Residential (Age 46)

Who are Redwood Trust's major shareholders?

Redwood Trust's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (2.77%), Boston Partners (1.22%), Voya Investment Management LLC (1.01%), First Trust Advisors LP (0.43%), Point72 Asset Management L.P. (0.35%) and Rhumbline Advisers (0.30%). Company insiders that own Redwood Trust stock include Andrew P Stone, Horvath D Debora and Mariann H Byerwalter. 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 Voya Investment Management LLC, Boston Partners, Farmers & Merchants Investments Inc., Doheny Asset Management CA, Quadrant Capital Group LLC, Dean Capital Investments Management LLC and Virginia Retirement Systems ET AL. Company insiders that have sold Redwood Trust company stock in the last year include Andrew P Stone and Mariann H Byerwalter. View Insider Buying and Selling for Redwood Trust.

Which major investors are buying Redwood Trust stock?

RWT stock was purchased by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., State Street Corp, Voloridge Investment Management LLC, California Public Employees Retirement System, Russell Investments Group Ltd., Denali Advisors LLC, State of New Jersey Common Pension Fund D and State of Alaska Department of Revenue. 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, Robinhood, Fidelity and Charles Schwab.

What is Redwood Trust's stock price today?

One share of RWT stock can currently be purchased for approximately $16.26.

How big of a company is Redwood Trust?

Redwood Trust has a market capitalization of $1.83 billion and generates $453 million in revenue each year. The real estate investment trust earns $119.60 million in net income (profit) each year or $1.78 on an earnings per share basis. Redwood Trust employs 149 workers across the globe.View Additional Information About Redwood Trust.

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:  330 (Vote Outperform)
Underperform Votes:  323 (Vote Underperform)
Total Votes:  653
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 12/15/2019 by MarketBeat.com Staff

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