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

$16.66
-0.06 (-0.36 %)
(As of 09/16/2019 01:04 PM ET)
Today's Range
$16.61
Now: $16.66
$16.74
50-Day Range
$16.44
MA: $16.85
$17.19
52-Week Range
$14.29
Now: $16.66
$17.28
Volume252,008 shs
Average Volume1.70 million shs
Market Capitalization$1.87 billion
P/E Ratio9.36
Dividend Yield6.99%
Beta0.67
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$1.7780 per share
Book Value$15.89 per share

Profitability

Net Income$119.60 million

Miscellaneous

Employees149
Market Cap$1.87 billion
Next Earnings Date11/6/2019 (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 declared a quarterly dividend on Wednesday, August 7th. Shareholders of record on Monday, September 16th will be given a dividend of $0.30 per share on Monday, September 30th. This represents a $1.20 annualized dividend and a yield of 7.22%. The ex-dividend date is Friday, September 13th. 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, 1st. The real estate investment trust reported $0.39 EPS for the quarter, topping the Zacks' consensus estimate of $0.38 by $0.01. The real estate investment trust had revenue of $32 million for the quarter, compared to analyst estimates of $42.20 million. Redwood Trust had a net margin of 21.26% and a return on equity of 10.71%. Redwood Trust's revenue was down 8.6% on a year-over-year basis. During the same quarter last year, the business posted $0.41 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 Wednesday, November 6th 2019. View Earnings Estimates for Redwood Trust.

What price target have analysts set for RWT?

4 equities research analysts have issued 1-year price targets for Redwood Trust's stock. Their forecasts range from $17.00 to $18.50. On average, they expect Redwood Trust's share price to reach $17.8750 in the next twelve months. This suggests a possible upside of 7.5% from the stock's current price. View Analyst Price Targets for Redwood Trust.

What is the consensus analysts' recommendation for Redwood Trust?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Redwood Trust in the last year. There are currently 4 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?

Headlines about RWT stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Redwood Trust earned a news sentiment score of 0.9 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for 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 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 number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.57%), BlackRock Inc. (16.71%), Vanguard Group Inc. (10.10%), Invesco Ltd. (2.26%), Price T Rowe Associates Inc. MD (1.85%) and UBS Group AG (1.53%). 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 institutional investors are selling Redwood Trust stock?

RWT stock was sold by a variety of institutional investors in the last quarter, including Blackstone Group Inc, Balyasny Asset Management LLC, BlackRock Inc., BlackRock Inc., Citadel Advisors LLC, Victory Capital Management Inc., UBS Group AG and Yorktown Management & Research Co Inc. 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 institutional investors are buying Redwood Trust stock?

RWT stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Vanguard Group Inc., Boston Partners, RMB Capital Management LLC, Renaissance Technologies LLC, Ellington Management Group LLC, Invesco Ltd. and TD Asset Management Inc.. 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 $16.63.

How big of a company is Redwood Trust?

Redwood Trust has a market capitalization of $1.86 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:  316 (Vote Outperform)
Underperform Votes:  307 (Vote Underperform)
Total Votes:  623
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 9/16/2019 by MarketBeat.com Staff

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