Top-Rated Dividend Stocks NYSE:RWT Redwood Trust - RWT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Redwood Trust, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $6.51 +0.10 (+1.56%) (As of 03/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$6.42▼$6.5950-Day Range$6.10▼$8.7052-Week Range$5.51▼$10.85Volume1.29 million shsAverage Volume1.44 million shsMarket Capitalization$739.47 millionP/E RatioN/ADividend Yield14.13%Price Target$9.44 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Redwood Trust MarketRank™ ForecastAnalyst RatingModerate Buy2.89 Rating ScoreUpside/Downside45.1% Upside$9.44 Price TargetShort InterestBearish7.27% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.05Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth17.65%From $0.85 to $1.00 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.2.94 out of 5 starsFinance Sector96th out of 884 stocksReal Estate Investment Trusts Industry13th out of 189 stocks 4.4 Analyst's Opinion Consensus RatingRedwood Trust has received a consensus rating of Buy. The company's average rating score is 2.89, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.44, Redwood Trust has a forecasted upside of 45.1% from its current price of $6.51.Amount of Analyst CoverageRedwood Trust has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted7.27% 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 7.3.Change versus previous monthShort interest in Redwood Trust has recently decreased by 1.33%, 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 14.35%, 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 92.00% 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 2.8 News and Social Media Coverage News SentimentRedwood Trust has a news sentiment score of 1.05. 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 0.63 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Redwood Trust this week, compared to 1 article on an average week.Search InterestOnly 24 people have searched for RWT on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added Redwood Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of -14% 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 1.80% 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 17.65% in the coming year, from $0.85 to $1.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Redwood Trust is -4.49, 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 -4.49, 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 0.68. 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 HeadlinesMarch 25, 2023 | seekingalpha.comRWT Redwood Trust, Inc.March 21, 2023 | americanbankingnews.comRedwood Trust, Inc. (RWT) to Issue Quarterly Dividend of $0.23 on March 31stMarch 28, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 16, 2023 | msn.comRedwood Trust (RWT) Declares $0.23 DividendMarch 12, 2023 | finance.yahoo.comInstitutional owners may take dramatic actions as Redwood Trust, Inc.'s (NYSE:RWT) recent 10% drop adds to one-year lossesMarch 9, 2023 | seekingalpha.comRedwood Trust: 2 Alternatives To The Common Shares Yielding Nearly 10%March 7, 2023 | finance.yahoo.comRedwood Trust Sees Continued Weakness in Mortgage Originations, Cuts CostsFebruary 13, 2023 | finance.yahoo.comRedwood Trust, Inc. (NYSE:RWT) Q4 2022 Earnings Call TranscriptMarch 28, 2023 | Tradewins (Ad)Modern Day Options Trading For Beginners!These days it takes more than willpower to succeed on Wall Street and for new traders, even small mistakes can sink an account! With "Your Guide To Successful Options Trading" by expert Wendy Kirkland, you can avoid new trader pitfalls and learn to earn in this vicious market. February 9, 2023 | finance.yahoo.comRedwood Trust Reports Fourth Quarter 2022 Financial ResultsJanuary 26, 2023 | finance.yahoo.comRedwood Trust Announces Date of Fourth Quarter 2022 Financial Results Webcast and Conference CallJanuary 26, 2023 | finance.yahoo.comRedwood Trust Announces Dividend Distribution Tax Information for 2022January 11, 2023 | finance.yahoo.comRedwood Trust Announces Pricing of Public Offering of Preferred StockDecember 14, 2022 | bizjournals.comRedwood Materials pledges $3.5B, 1,500-job battery recycling campus in South CarolinaDecember 14, 2022 | msn.comFriday Is Your Last Chance To Buy Redwood Trust Before The Dividend PayoutDecember 8, 2022 | finance.yahoo.comRedwood Trust Announces Dividend of $0.23 Per Share for the Fourth Quarter of 2022November 10, 2022 | finance.yahoo.comRedwood Trust Third Quarter 2022 Earnings: Misses ExpectationsOctober 31, 2022 | seekingalpha.comBuy 13% Yielding Redwood Trust. It Just Ain't '08October 27, 2022 | seekingalpha.comRedwood Trust, Inc (RWT) Q3 2022 Earnings Call TranscriptOctober 27, 2022 | finance.yahoo.comRedwood Trust Reports Third Quarter 2022 Financial ResultsOctober 26, 2022 | msn.comEarnings Outlook For Redwood TrustOctober 13, 2022 | reuters.comRedwood Trust IncOctober 13, 2022 | markets.businessinsider.comRedwood Trust Reports Q3 Preliminary Results; Stock Up 5%October 13, 2022 | finance.yahoo.comRedwood Trust Provides Preliminary Third Quarter 2022 Financial Results and Announces Date of Third Quarter 2022 Financial Results Webcast and Conference CallOctober 13, 2022 | investing.comRedwood Trust PT Lowered to $7.50 at JPMorganOctober 12, 2022 | finance.yahoo.comRedwood Trust and LauraMac Collaborate on Innovative Loan Acquisition TechnologyOctober 11, 2022 | morningstar.comRedwood Trust Inc RWT Stock QuoteSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 12/28 Dividend12/19/2022Dividend Payable12/28/2022Ex-Dividend for 3/31 Dividend3/23/2023Today3/28/2023Dividend Payable3/31/2023Next Earnings (Estimated)4/27/2023Fiscal 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$9.44 High Stock Price Forecast$11.50 Low Stock Price Forecast$8.50 Forecasted Upside/Downside+45.1%Consensus RatingModerate Buy Rating Score (0-4)2.89 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)($1.45) Trailing P/E RatioN/A Forward P/E Ratio7.66 P/E GrowthN/ANet Income$-163,520,000.00 Net Margins-23.06% Pretax Margin-25.92% Return on Equity2.59% Return on Assets0.24% Debt Debt-to-Equity Ratio8.97 Current Ratio5.29 Quick Ratio5.29 Sales & Book Value Annual Sales$708 million Price / Sales1.04 Cash Flow$0.49 per share Price / Cash Flow13.41 Book Value$9.56 per share Price / Book0.68Miscellaneous Outstanding Shares113,590,000Free Float111,544,000Market Cap$739.47 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 CompetitorsNew York Mortgage TrustNASDAQ:NYMTDynex CapitalNYSE:DXMFA FinancialNYSE:MFAARMOUR Residential REITNYSE:ARRAres Commercial Real EstateNYSE:ACREView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 8,109 shares on 3/23/2023Ownership: 0.048%B. Riley Wealth Advisors Inc.Sold 14,366 shares on 3/15/2023Ownership: 0.017%Voya Investment Management LLCSold 116,786 shares on 2/28/2023Ownership: 0.561%Parallax Volatility Advisers L.P.Bought 260,900 shares on 2/27/2023Ownership: 0.000%B. Riley Wealth Advisors Inc.Sold 14,366 shares on 2/21/2023Ownership: 0.017%View All Insider TransactionsView All Institutional Transactions RWT Stock - Frequently Asked Questions Should I buy or sell Redwood Trust stock right now? 9 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, 6 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? 9 Wall Street analysts have issued 1-year price objectives for Redwood Trust's shares. Their RWT share price forecasts range from $8.50 to $11.50. On average, they anticipate the company's stock price to reach $9.44 in the next twelve months. This suggests a possible upside of 45.1% 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 stock has decreased by 3.7% and is now trading at $6.51. 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, April 27th 2023. View our RWT earnings forecast. How were Redwood Trust's earnings last quarter? Redwood Trust, Inc. (NYSE:RWT) released its quarterly earnings results on Thursday, April, 28th. The real estate investment trust reported $0.24 EPS for the quarter, missing the consensus estimate of $0.26 by $0.02. Redwood Trust had a positive trailing twelve-month return on equity of 2.59% and a negative net margin of 23.06%. During the same quarter in the previous year, the company earned $0.40 EPS. 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 paid a dividend of $0.23 per share on Friday, March 31st. This represents a $0.92 annualized dividend and a dividend yield of 14.13%. 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) and Invesco S&P SmallCap Financials ETF (PSCF). 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 14.35%. 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 has initiated a share buyback program on Thursday, July 28th 2022, which authorizes the company to repurchase $125,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 11.8% of its shares through open market purchases. Shares repurchase programs are generally 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." Who are Redwood Trust's major shareholders? Redwood Trust's stock is owned by many different retail and institutional investors. Top institutional investors include LSV Asset Management (2.11%), Geode Capital Management LLC (1.86%), Clearbridge Investments LLC (1.58%), Evergreen Capital Management LLC (1.39%), Charles Schwab Investment Management Inc. (1.29%) and Millennium Management LLC (1.05%). Insiders that own company stock include Andrew P Stone, Collin L Cochrane, Fred Matera, 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 $6.51. How much money does Redwood Trust make? Redwood Trust (NYSE:RWT) has a market capitalization of $739.47 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 ($1.45) 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 3/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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