S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
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NYSE:RWT

Redwood Trust Stock Forecast, Price & News

$9.27
-0.09 (-0.96 %)
(As of 01/22/2021 12:00 AM ET)
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Today's Range
$9.03
Now: $9.27
$9.32
50-Day Range
$8.40
MA: $8.78
$9.36
52-Week Range
$2.14
Now: $9.27
$18.01
Volume1.24 million shs
Average Volume1.19 million shs
Market Capitalization$1.04 billion
P/E RatioN/A
Dividend Yield5.98%
Beta1.02
Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through four segments: Residential Lending, Business Purpose Lending, Multifamily Investments, and Third-Party Residential Investments. The Residential Lending 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 includes derivative financial instruments to manage risks associated with residential loans. The Business Purpose Lending segment operates a platform that originates and acquires business purpose residential loans for subsequent securitization or transfer into its investment portfolio. The Multifamily Investments segment invests in securities collateralized by multifamily mortgage loans, as well as in multifamily mortgages and related assets. The Third-Party Residential Investments segment invests in residential mortgage-backed securities issued by third parties, as well as in Freddie Mac SLST securitizations; and offers servicer advance and other residential credit investment services. 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 founded in 1994 and is headquartered in Mill Valley, California.
Redwood Trust logo

MarketRank

Overall MarketRank

2.27 out of 5 stars

Finance Sector

97th out of 1,933 stocks

Real Estate Investment Trusts Industry

20th out of 273 stocks

Analyst Opinion: 2.5Community Rank: 2.6Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryMortgage REITs
SectorFinance
CUSIP75807540
Phone415-389-7373
Employees372

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$622 million
Cash Flow$1.82 per share
Book Value$16.22 per share

Profitability

Net Income$169.18 million

Miscellaneous

Market Cap$1.04 billion
Next Earnings Date2/10/2021 (Confirmed)
OptionableOptionable
$9.27
-0.09 (-0.96 %)
(As of 01/22/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Redwood Trust (NYSE:RWT) Frequently Asked Questions

How has Redwood Trust's stock been impacted by COVID-19 (Coronavirus)?

Redwood Trust's stock was trading at $15.78 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, RWT shares have decreased by 41.3% and is now trading at $9.27.
View which stocks have been most impacted by COVID-19
.

Is Redwood Trust a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Redwood Trust in the last twelve months. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Redwood Trust stock.
View analyst ratings for Redwood Trust
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Redwood Trust?

Wall Street analysts have given Redwood Trust a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Redwood Trust wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Christopher Abate's approval rating as Redwood Trust's CEO?

10 employees have rated Redwood Trust CEO Christopher Abate on Glassdoor.com. Christopher Abate has an approval rating of 100% among Redwood Trust's employees. This puts Christopher Abate in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

When is Redwood Trust's next earnings date?

Redwood Trust is scheduled to release its next quarterly earnings announcement on Wednesday, February 10th 2021.
View our earnings forecast for Redwood Trust
.

How can I listen to Redwood Trust's earnings call?

Redwood Trust will be holding an earnings conference call on Wednesday, February 10th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Redwood Trust's earnings last quarter?

Redwood Trust, Inc. (NYSE:RWT) issued its quarterly earnings results on Thursday, July, 30th. The real estate investment trust reported $1.00 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.33 by $0.67. The real estate investment trust earned $27 million during the quarter, compared to analysts' expectations of $36.20 million. Redwood Trust had a negative net margin of 91.29% and a positive trailing twelve-month return on equity of 3.26%. During the same period last year, the business posted $0.39 earnings per share.
View Redwood Trust's earnings history
.

How often does Redwood Trust pay dividends? What is the dividend yield for Redwood Trust?

Redwood Trust announced a quarterly dividend on Monday, December 7th. Shareholders of record on Thursday, December 17th will be paid a dividend of $0.14 per share on Tuesday, December 29th. This represents a $0.56 annualized dividend and a yield of 6.04%. The ex-dividend date of this dividend is Wednesday, December 16th.
View Redwood Trust's dividend history
.

Is Redwood Trust a good dividend stock?

Redwood Trust pays an annual dividend of $0.56 per share and currently has a dividend yield of 5.98%. RWT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Redwood Trust is 35.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Redwood Trust will have a dividend payout ratio of 66.67% next year. This indicates that Redwood Trust will be able to sustain or increase its dividend.
View Redwood Trust's dividend history.

What price target have analysts set for RWT?

7 analysts have issued 12 month price objectives for Redwood Trust's shares. Their forecasts range from $9.00 to $12.00. On average, they anticipate Redwood Trust's share price to reach $10.14 in the next twelve months. This suggests a possible upside of 9.4% from the stock's current price.
View analysts' price targets for Redwood Trust
or view Wall Street analyst' top-rated stocks.

Who are some of Redwood Trust's key competitors?

What other stocks do shareholders of Redwood Trust own?

Who are Redwood Trust's key executives?

Redwood Trust's management team includes the following people:
  • Mr. Christopher J. Abate, CEO & Director (Age 41, Pay $3.05M)
  • Mr. Dashiell I. Robinson, Pres (Age 41, Pay $2.4M)
  • Mr. Collin Lee Cochrane CPA, Chief Financial Officer (Age 44, Pay $1.11M)
  • Mr. Andrew P. Stone, Exec. VP, Gen. Counsel & Sec. (Age 50, Pay $1.18M)
  • Mr. Fred J. Matera, MD & Head of Residential (Age 57, Pay $78.83k)
  • Ms. Carlene A. Graham, Chief Operating Officer
  • Mr. J. Thomas Richardson, Chief Technology Officer
  • Ms. Lisa Hartman, Sr. VP & Head of Investor Relations
  • Ms. Sasha G. Macomber, MD & Chief Human Resource Officer (Age 52)
  • Mr. Shoshone A. Stern, Head of Portfolio Strategy & Risk (Age 43)

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 a variety of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (1.40%), State of Alaska Department of Revenue (0.08%), Louisiana State Employees Retirement System (0.05%), Crossmark Global Holdings Inc. (0.01%) and Evanson Asset Management LLC (0.01%). Company insiders that own Redwood Trust stock include Andrew P Stone, Fred Matera and Mariann H Byerwalter.
View institutional ownership trends for Redwood Trust
.

Which institutional investors are selling Redwood Trust stock?

RWT stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Crossmark Global Holdings Inc., and Louisiana State Employees Retirement System.
View insider buying and selling activity for Redwood Trust
or view top insider-selling stocks.

Which institutional investors are buying Redwood Trust stock?

RWT stock was purchased by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, and Evanson Asset Management LLC.
View insider buying and selling activity for Redwood Trust
or or view top insider-buying stocks.

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 WeBull, 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 $9.27.

How big of a company is Redwood Trust?

Redwood Trust has a market capitalization of $1.04 billion and generates $622 million in revenue each year. The real estate investment trust earns $169.18 million in net income (profit) each year or $1.58 on an earnings per share basis. Redwood Trust employs 372 workers across the globe.

What is Redwood Trust's official website?

The official website for Redwood Trust is 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]

This page was last updated on 1/24/2021 by MarketBeat.com Staff

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