Redwood Trust Company Profile (NYSE:RWT)

About Redwood Trust (NYSE:RWT)

Redwood Trust logoRedwood Trust, Inc., through its subsidiaries, focuses on investing in mortgage and other real estate related assets. The Company is engaged in mortgage banking activities. The Company operates through three segments: Residential Investments, Residential Mortgage Banking and Commercial. The Residential Investments segment includes a portfolio of investments in residential mortgage-backed securities (RMBS) retained from its Sequoia securitizations. The Residential Mortgage Banking segment consists of operating a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio. Its Commercial segment consists of investments in multi-family securities and commercial mortgage-backed securities, as well as a remaining commercial loan investment following the sale of the remainder of its commercial mezzanine loan portfolio.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Mortgage REITs
  • Sub-Industry: Mortgage REITs
  • Symbol: NYSE:RWT
  • CUSIP: 75807540
  • Web:
  • Market Cap: $1.28323 billion
  • Outstanding Shares: 77,116,000
Average Prices:
  • 50 Day Moving Avg: $16.38
  • 200 Day Moving Avg: $16.80
  • 52 Week Range: $13.57 - $17.45
  • Trailing P/E Ratio: 9.73
  • Foreward P/E Ratio: 11.40
  • P/E Growth: 1.39
Sales & Book Value:
  • Annual Revenue: $215.7 million
  • Price / Sales: 5.95
  • Book Value: $15.29 per share
  • Price / Book: 1.09
  • Annual Dividend: $1.12
  • Dividend Yield: 6.7%
  • Net Margins: 46.04%
  • Return on Equity: 12.02%
  • Return on Assets: 2.50%
  • Debt-to-Equity Ratio: 2.57%
  • Current Ratio: 3.01%
  • Quick Ratio: 3.01%
  • Average Volume: 342,182 shs.
  • Beta: 0.87
  • Short Ratio: 6.37

Frequently Asked Questions for Redwood Trust (NYSE:RWT)

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 declared a quarterly dividend on Thursday, August 3rd. Investors of record on Friday, September 15th will be paid a dividend of $0.28 per share on Friday, September 29th. This represents a $1.12 dividend on an annualized basis and a yield of 6.73%. The ex-dividend date is Thursday, September 14th. View Redwood Trust's Dividend History.

How were Redwood Trust's earnings last quarter?

Redwood Trust, Inc. (NYSE:RWT) announced its quarterly earnings data on Thursday, August, 3rd. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.37 by $0.02. The company had revenue of $60 million for the quarter, compared to analysts' expectations of $33.59 million. Redwood Trust had a net margin of 46.04% and a return on equity of 12.02%. During the same period last year, the business posted $0.48 EPS. View Redwood Trust's Earnings History.

When will Redwood Trust make its next earnings announcement?

Redwood Trust is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Redwood Trust.

Who are some of Redwood Trust's key competitors?

Who are Redwood Trust's key executives?

Redwood Trust's management team includes the folowing people:

  • Richard D. Baum, Independent Chairman of the Board
  • Christopher J. Abate, President
  • Martin S. Hughes, Chief Executive Officer, Director
  • Douglas B. Hansen Jr., Independent Vice Chairman of the Board
  • Collin L. Cochrane, Chief Financial Officer, Principal Financial Officer, Principal Accounting Officer, Controller
  • Andrew P. Stone, Executive Vice President, General Counsel, Secretary
  • Dashiell I. Robinson, Executive Vice President
  • Shoshone Bo Stern, Chief Investment Officer
  • Kristin A. Brown, Vice President, IR Contact Officer
  • Mariann H. Byerwalter, Independent Director

Who owns Redwood Trust stock?

Redwood Trust's stock is owned by a number of of retail and institutional investors. Top institutional investors include Farmers & Merchants Investments Inc. (0.21%) and Eqis Capital Management Inc. (0.02%). Company insiders that own Redwood Trust stock include Andrew P Stone, Brett D Nicholas, Christopher J Abate, Fred Matera, Greg H Kubicek, Karen R Pallotta, Mariann H Byerwalter, Martin S Hughes and Richard Baum. View Institutional Ownership Trends for Redwood Trust.

Who sold Redwood Trust stock? Who is selling Redwood Trust stock?

Redwood Trust's stock was sold by a variety of institutional investors in the last quarter, including Farmers & Merchants Investments Inc.. View Insider Buying and Selling for Redwood Trust.

Who bought Redwood Trust stock? Who is buying Redwood Trust stock?

Redwood Trust's stock was bought by a variety of institutional investors in the last quarter, including Eqis Capital Management Inc.. Company insiders that have bought Redwood Trust stock in the last two years include Greg H Kubicek, Karen R Pallotta and Martin S Hughes. View Insider Buying and Selling for Redwood Trust.

How do I buy Redwood Trust stock?

Shares of Redwood Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Redwood Trust's stock price today?

One share of Redwood Trust stock can currently be purchased for approximately $16.64.

MarketBeat Community Rating for Redwood Trust (NYSE RWT)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  178 (Vote Outperform)
Underperform Votes:  181 (Vote Underperform)
Total Votes:  359
MarketBeat's community ratings are surveys of what our community members think about Redwood Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Redwood Trust (NYSE:RWT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A
Consensus Price Target History for Redwood Trust (NYSE:RWT)
Price Target History for Redwood Trust (NYSE:RWT)
Analysts' Ratings History for Redwood Trust (NYSE:RWT)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/10/2016Maxim GroupDowngradeBuy -> HoldN/AView Rating Details
7/19/2016Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$14.50N/AView Rating Details
5/18/2016NomuraUpgradeNeutral -> Buy$14.00 -> $16.00N/AView Rating Details
5/13/2016Deutsche Bank AGLower Price TargetBuy$18.00 -> $17.80N/AView Rating Details
3/21/2016Needham & Company LLCReiterated RatingNeutral$15.00 -> $14.00N/AView Rating Details
3/19/2016FBR & CoInitiated CoverageHoldN/AView Rating Details
(Data available from 10/22/2015 forward)


Earnings History for Redwood Trust (NYSE:RWT)
Earnings by Quarter for Redwood Trust (NYSE:RWT)
Earnings History by Quarter for Redwood Trust (NYSE RWT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017N/AView Earnings Details
8/3/2017Q2 2017$0.37$0.35$33.59 million$60.00 millionViewListenView Earnings Details
5/4/2017Q1 2017$0.36$0.36$34.89 million$62.00 millionViewListenView Earnings Details
2/23/2017Q416$0.36$0.33$39.19 million$36.00 millionViewN/AView Earnings Details
11/7/2016Q316$0.38$0.39$40.43 million$73.00 millionViewListenView Earnings Details
8/8/2016Q216$0.37$0.47$35.60 million$44.00 millionViewN/AView Earnings Details
5/5/2016Q1$0.28$0.44$44.12 million$38.00 millionViewN/AView Earnings Details
2/25/2016Q4$0.26$0.46$42.35 million$44.00 millionViewListenView Earnings Details
11/5/2015Q315$0.32$0.22$41.63 million$40.00 millionViewN/AView Earnings Details
8/5/2015Q215$0.40$0.31$42.71 million$40.00 millionViewN/AView Earnings Details
5/4/2015Q115$0.35$0.16$41.80 million$40.00 millionViewN/AView Earnings Details
2/23/2015Q414$0.35$0.31$40.03 million$41.00 millionViewN/AView Earnings Details
11/6/2014Q3$0.33$0.50$48.94 million$40.00 millionViewN/AView Earnings Details
8/7/2014Q214$0.28$0.18$43.47 million$37.00 millionViewN/AView Earnings Details
5/5/2014Q1$0.33$0.14$40.05 million$36.00 millionViewN/AView Earnings Details
2/24/2014Q413$0.28$0.29ViewN/AView Earnings Details
10/31/2013Q313$0.18$0.25$39.11 million$41.00 millionViewN/AView Earnings Details
8/1/2013Q213$0.31$0.71$36.90 millionViewN/AView Earnings Details
5/2/2013Q113$0.46$0.69$28.33 millionViewN/AView Earnings Details
2/21/2013$0.30$0.50$32.99 millionViewN/AView Earnings Details
11/1/2012$0.23$0.48ViewN/AView Earnings Details
8/2/2012$0.18$0.24ViewN/AView Earnings Details
11/3/2011$0.20$0.01ViewN/AView Earnings Details
8/4/2011$0.26$0.11ViewN/AView Earnings Details
5/5/2011$0.27$0.22ViewN/AView Earnings Details
2/24/2011$0.26$0.25ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Redwood Trust (NYSE:RWT)
Current Year EPS Consensus Estimate: $1.39 EPS
Next Year EPS Consensus Estimate: $1.46 EPS


Current Dividend Information for Redwood Trust (NYSE:RWT)
Most Recent Dividend:9/29/2017
Annual Dividend:$1.12
Dividend Yield:6.73%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:64.00% (Trailing 12 Months of Earnings)
80.58% (Based on This Year's Estimates)
76.71% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Redwood Trust (NYSE:RWT)

Dividend History by Quarter for Redwood Trust (NYSE RWT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Redwood Trust (NYSE:RWT)
Insider Ownership Percentage: 2.33%
Institutional Ownership Percentage: 84.65%
Insider Trades by Quarter for Redwood Trust (NYSE:RWT)
Institutional Ownership by Quarter for Redwood Trust (NYSE:RWT)
Insider Trades by Quarter for Redwood Trust (NYSE:RWT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/22/2017Karen R PallottaDirectorBuy3,027$16.53$50,036.31View SEC Filing  
5/1/2017Andrew P StoneGeneral CounselSell3,730$17.24$64,305.20View SEC Filing  
12/19/2016Andrew P StoneGeneral CounselSell5,000$15.30$76,500.00View SEC Filing  
5/16/2016Mariann H ByerwalterDirectorSell9,759$13.27$129,501.93View SEC Filing  
5/2/2016Andrew P StoneInsiderSell12,250$12.79$156,677.50View SEC Filing  
5/2/2016Brett D NicholasPresidentSell5,786$12.79$74,002.94View SEC Filing  
5/2/2016Christopher J AbateCFOSell7,622$12.79$97,485.38View SEC Filing  
5/2/2016Richard BaumDirectorSell3,903$12.79$49,919.37View SEC Filing  
3/1/2016Greg H KubicekDirectorBuy5,000$12.07$60,350.00View SEC Filing  
3/1/2016Martin S HughesCEOBuy20,000$12.06$241,200.00View SEC Filing  
12/21/2015Andrew P. StoneGeneral CounselSell1,029$13.42$13,809.18View SEC Filing  
12/21/2015Brett D. NicholasPresidentSell549$13.44$7,378.56View SEC Filing  
12/21/2015Christopher J. AbateCFOSell1,201$13.43$16,129.43View SEC Filing  
12/21/2015Fred MateraCIOSell257$13.44$3,454.08View SEC Filing  
12/21/2015Martin S. HughesCEOSell1,381$13.42$18,533.02View SEC Filing  
5/4/2015Andrew P StoneGeneral CounselSell7,498$17.05$127,840.90View SEC Filing  
5/4/2015Brett D NicholasPresidentSell12,300$17.04$209,592.00View SEC Filing  
5/4/2015Christopher J AbateCFOSell2,026$17.05$34,543.30View SEC Filing  
5/4/2015Fred MateraCIOSell3,628$17.05$61,857.40View SEC Filing  
5/4/2015Martin S HughesCEOSell26,616$17.05$453,802.80View SEC Filing  
11/12/2014Mariann H ByerwalterDirectorSell2,172$19.81$43,027.32View SEC Filing  
8/13/2014Andrew P StoneGeneral CounselSell2,091$19.05$39,833.55View SEC Filing  
8/13/2014Mariann H ByerwalterDirectorSell2,172$19.17$41,637.24View SEC Filing  
5/14/2014Mariann ByerwalterDirectorSell2,173$19.20$41,721.60View SEC Filing  
5/1/2014Andrew StoneGeneral CounselSell4,074$21.45$87,387.30View SEC Filing  
5/1/2014Brett NicholasPresidentSell7,751$21.45$166,258.95View SEC Filing  
5/1/2014Martin HughesCEOSell17,144$21.45$367,738.80View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Redwood Trust (NYSE:RWT)
Latest Headlines for Redwood Trust (NYSE:RWT)
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Redwood Trust (RWT) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by Staff

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