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NYSE:RWTRedwood Trust Stock Price, Forecast & News

-0.08 (-1.17 %)
(As of 08/7/2020 04:00 PM ET)
Today's Range
Now: $6.75
50-Day Range
MA: $6.75
52-Week Range
Now: $6.75
Volume2.52 million shs
Average Volume1.78 million shs
Market Capitalization$775.10 million
P/E RatioN/A
Dividend Yield7.32%
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. The Residential Mortgage Banking segment operates a mortgage loan conduit, which acquires residential loans from third-party originators for sale, securitization, or transfer to investment portfolio. This segment also includes derivative financial instruments to manage risks associated with residential loans. 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

3.15 out of 5 stars

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryMortgage REITs



Sales & Book Value

Annual Sales$622 million
Cash Flow$1.67 per share
Book Value$8.16 per share


Net Income$169.18 million
Net Margins-103.58%


Market Cap$775.10 million
Next Earnings Date11/4/2020 (Estimated)
-0.08 (-1.17 %)
(As of 08/7/2020 04:00 PM 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 Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, RWT shares have decreased by 57.2% and is now trading at $6.75.
View which stocks have been most impacted by Coronavirus

Do Wall Street analysts recommend investors buy shares of Redwood Trust?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Redwood Trust in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Redwood Trust

When is Redwood Trust's next earnings date?

Redwood Trust is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Redwood Trust

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 for the quarter, beating the Thomson Reuters' consensus estimate of $0.33 by $0.67. The real estate investment trust had revenue of $27 million for the quarter, compared to analysts' expectations of $36.20 million. Redwood Trust had a negative net margin of 103.58% and a positive return on equity of 3.41%. During the same period last year, the firm earned $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 declared a quarterly dividend on Thursday, June 11th. Stockholders of record on Monday, June 22nd will be paid a dividend of $0.125 per share on Monday, June 29th. This represents a $0.50 annualized dividend and a dividend yield of 7.41%. The ex-dividend date is Friday, June 19th.
View Redwood Trust's dividend history

What price target have analysts set for RWT?

5 brokerages have issued 12-month price objectives for Redwood Trust's stock. Their forecasts range from $5.00 to $18.00. On average, they anticipate Redwood Trust's share price to reach $9.30 in the next year. This suggests a possible upside of 37.8% from the stock's current price.
View analysts' price targets for Redwood Trust

Has Redwood Trust been receiving favorable news coverage?

Media coverage about RWT stock has trended very positive on Saturday, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Redwood Trust earned a coverage optimism score of 4.0 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term.
View the latest news about Redwood Trust

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 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)

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 Principal Financial Group Inc. (0.76%), WINTON GROUP Ltd (0.55%), UBS Group AG (0.23%), Swiss National Bank (0.22%), Nisa Investment Advisors LLC (0.14%) and Comerica Bank (0.11%). Company insiders that own Redwood Trust stock include Andrew P Stone, Fred Matera, 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 First Trust Advisors LP, Russell Investments Group Ltd., Montag A & Associates Inc., DC Investments Management LLC, Ameritas Investment Partners Inc., and Texas Permanent School Fund.
View insider buying and selling activity 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 WINTON GROUP Ltd, UBS Group AG, Nisa Investment Advisors LLC, RMB Capital Management LLC, Stelac Advisory Services LLC, SG Americas Securities LLC, Swiss National Bank, and Creative Planning. Company insiders that have bought Redwood Trust stock in the last two years include Fred Matera, and Horvath D Debora.
View insider buying and selling activity 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 $6.75.

How big of a company is Redwood Trust?

Redwood Trust has a market capitalization of $775.10 million 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 149 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 8/8/2020 by MarketBeat.com Staff

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