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: $1.2732 billion
  • Outstanding Shares: 77,116,000
Average Prices:
  • 50 Day Moving Avg: $17.09
  • 200 Day Moving Avg: $16.75
  • 52 Week Range: $13.22 - $17.45
  • Trailing P/E Ratio: 9.70
  • Foreward P/E Ratio: 11.36
  • P/E Growth: 1.39
Sales & Book Value:
  • Annual Revenue: $215.7 million
  • Price / Sales: 5.93
  • Book Value: $15.29 per share
  • Price / Book: 1.09
  • Annual Dividend: $1.12
  • Dividend Yield: 6.8%
  • 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: 291,202 shs.
  • Beta: 0.89
  • 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 announced a quarterly dividend on Thursday, August 3rd. Stockholders 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 annualized dividend and a dividend yield of 6.75%. The ex-dividend date of this dividend is Thursday, September 14th. View Redwood Trust's Dividend History.

How were Redwood Trust's earnings last quarter?

Redwood Trust, Inc. (NYSE:RWT) issued its earnings results on Thursday, August, 3rd. The company reported $0.35 EPS for the quarter, missing the Zacks' consensus estimate of $0.37 by $0.02. The business had revenue of $60 million for the quarter, compared to analysts' expectations of $33.59 million. Redwood Trust had a return on equity of 12.02% and a net margin of 46.04%. During the same period in the previous year, the business posted $0.48 earnings per share. 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, Chief Financial Officer
  • Martin S. Hughes, Chief Executive Officer, Director
  • Douglas B. Hansen Jr., Independent Vice Chairman of the Board
  • Andrew P. Stone, Executive Vice President, General Counsel, Secretary
  • Shoshone Bo Stern, Chief Investment Officer
  • Kristin A. Brown, Vice President, IR Contact Officer
  • Mariann H. Byerwalter, Independent Director
  • Deborah D. Horvath, Independent Director
  • Greg H. Kubicek, Independent Director

Who owns Redwood Trust stock?

Redwood Trust's stock is owned by a number of of institutional and retail investors. Top institutional investors include Capital World Investors (10.38%), Vanguard Group Inc. (8.18%), State Street Corp (2.09%), Seizert Capital Partners LLC (1.88%), Renaissance Technologies LLC (1.84%) and Hilton Capital Management LLC (1.33%). 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 Voya Investment Management LLC, Arrowstreet Capital Limited Partnership, Seizert Capital Partners LLC, First Trust Advisors LP, RBO & Co. LLC, Bank of Montreal Can, Alliancebernstein L.P. and Prudential Financial 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 acquired by a variety of institutional investors in the last quarter, including TIAA FSB, Vanguard Group Inc., State Street Corp, Ameriprise Financial Inc., Blair William & Co. IL, Principal Financial Group Inc., Van ECK Associates Corp and Renaissance Technologies LLC. 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 $16.59.

MarketBeat Community Rating for Redwood Trust (NYSE RWT)
Community Ranking:  2.4 out of 5 ( )
Outperform Votes:  154 (Vote Outperform)
Underperform Votes:  161 (Vote Underperform)
Total Votes:  315
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

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 8/16/2015 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)
Next Dividend:9/29/2017
Annual Dividend:$1.12
Dividend Yield:6.75%
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: 85.71%
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)
DateHeadline logoRedwood Trust Announces Pricing Of 4.75% Convertible Senior Notes Due 2023 - August 15 at 1:39 AM logoRedwood Trust (RWT) Plans Offering Of Convertible Senior Notes Due 2023 - August 14 at 3:36 PM logoRedwood Trust Announces Offering Of Convertible Senior Notes Due 2023 - August 14 at 3:36 PM logoRedwood Trust sets convertible note offering - August 14 at 7:55 AM logoRedwood Residential Acquisition Corporation -- Moody's affirms Redwood Residential Acquisition Corporation's prime jumbo aggregator assessment as Above Average - August 11 at 8:16 AM logoRedwood Trust names exec VP, promotes new CFO - August 10 at 7:46 PM logoRedwood Trust, Inc. breached its 50 day moving average in a Bearish Manner : RWT-US : August 7, 2017 - August 8 at 6:50 AM logoRedwood Trust, Inc. (NYSE:RWT) Releases Quarterly Earnings Results, Misses Expectations By $0.02 EPS - August 5 at 3:28 PM logoEdited Transcript of RWT earnings conference call or presentation 3-Aug-17 9:00pm GMT - August 5 at 6:45 AM logoRedwood Trust, Inc. (NYSE:RWT) Rating Increased to Buy at BidaskClub - August 4 at 8:06 PM logoRedwood Trust, Inc. Reports 3% Decline In Q2 Bottom Line - August 4 at 7:49 AM logoRedwood Trust's (RWT) CEO Marty Hughes on Q2 2017 Results - Earnings Call Transcript - August 4 at 7:49 AM logoInvestor Network: Redwood Trust, Inc. to Host Earnings Call - August 4 at 7:49 AM logoRedwood Trust Declares $0.28 Per Share Dividend For The Third Quarter Of 2017 - August 4 at 7:49 AM logoRedwood Trust Reports Second Quarter 2017 Results - August 4 at 7:49 AM logoRedwood Trust, Inc. (NYSE:RWT) Plans Quarterly Dividend of $0.28 - August 3 at 7:38 PM logoRedwood Trust, Inc. (NYSE:RWT) Expected to Post Earnings of $0.34 Per Share - August 2 at 6:20 PM logoRedwood Trust, Inc. (RWT) Cut to "Buy" at ValuEngine - August 1 at 11:38 PM logoRedwood Trust, Inc. (NYSE:RWT) Lowered to Hold at BidaskClub - July 29 at 12:54 PM logoRedwood Trust Announces Timing For Second Quarter 2017 Earnings Release And Earnings Call - July 28 at 7:32 AM logoRedwood Trust, Inc. (NYSE:RWT) Upgraded to Strong-Buy by ValuEngine - July 26 at 12:08 AM logoRedwood Trust, Inc. breached its 50 day moving average in a Bearish Manner : RWT-US : July 19, 2017 - July 20 at 7:27 AM logoRedwood Trust, Inc. (NYSE:RWT) Expected to Announce Earnings of $0.34 Per Share - July 11 at 12:22 PM logoRedwood Trust, Inc. (NYSE:RWT) Raised to "Hold" at Zacks Investment Research - July 11 at 10:04 AM logoAnalyst Favorites With Strong Buyback Activity: Redwood Trust Ranks As a Top Pick - July 8 at 2:10 PM logoRedwood Trust, Inc. (NYSE:RWT) Rating Lowered to Sell at Zacks Investment Research - July 5 at 10:00 AM logoRedwood Trust, Inc. breached its 50 day moving average in a Bearish Manner : RWT-US : June 22, 2017 - June 22 at 11:43 AM logoRedwood Trust, Inc. (RWT) Rating Increased to Buy at BidaskClub - June 20 at 4:46 PM logoRedwood Trust, Inc. : RWT-US: Dividend Analysis : June 16th, 2017 (record date) : By the numbers : June 16, 2017 - June 16 at 3:46 PM logo$0.36 Earnings Per Share Expected for Redwood Trust, Inc. (RWT) This Quarter - June 15 at 12:28 PM logoRedwood Trust, Inc. breached its 50 day moving average in a Bearish Manner : RWT-US : June 7, 2017 - June 8 at 3:20 AM logoSequoia Mortgage Trust 2017-4 -- Moody's assigns provisional ratings to Prime RMBS issued by Sequoia Mortgage Trust 2017-4 - June 1 at 10:18 PM logoRedwood Trust, Inc. breached its 50 day moving average in a Bullish Manner : RWT-US : May 24, 2017 - May 24 at 9:40 AM logoKaren R. Pallotta Buys 3,027 Shares of Redwood Trust, Inc. (RWT) Stock - May 23 at 8:34 PM logoRedwood Trust to Present at the 2017 KBW Mortgage Finance Conference - May 22 at 6:43 PM logoRedwood Trust Inc (RWT) - May 19 at 12:36 PM logoRedwood Trust Declares $0.28 Per Share Dividend For The Second Quarter Of 2017 - May 19 at 12:36 PM logoRedwood Trust, Inc. Plans Quarterly Dividend of $0.28 (RWT) - May 18 at 8:10 PM logoZacks: Brokerages Anticipate Redwood Trust, Inc. (RWT) to Post $0.36 EPS - May 18 at 10:28 AM logoIs Redwood Trust, Inc. (RWT) a Great Stock for Value Investors? - May 16 at 7:32 PM logoRedwood Trust, Inc. (RWT) Downgraded to Hold at Zacks Investment Research - May 14 at 7:04 PM logoRedwood Trust, Inc. breached its 50 day moving average in a Bearish Manner : RWT-US : May 10, 2017 - May 11 at 12:53 AM logoRedwood Trust's (RWT) CEO Marty Hughes on Q1 2017 Results - Earnings Call Transcript - May 5 at 7:57 PM logoEdited Transcript of RWT earnings conference call or presentation 4-May-17 9:00pm GMT - May 5 at 7:57 PM logoRedwood Trust, Inc. Q1 Earnings Climb 11% - May 5 at 12:55 AM logoRedwood Trust, Inc. (RWT) Announces Quarterly Earnings Results - May 4 at 11:42 PM logoRedwood Trust posts 1Q profit - May 4 at 8:25 PM logoRedwood Trust Reports First Quarter 2017 Results - May 4 at 7:53 PM logoFavorable Press Coverage Likely to Affect Redwood Trust (RWT) Stock Price - May 4 at 1:15 AM logoRedwood Trust, Inc. (RWT) General Counsel Andrew P. Stone Sells 3,730 Shares - May 2 at 10:22 PM



Redwood Trust (RWT) Chart for Wednesday, August, 16, 2017

This page was last updated on 8/16/2017 by Staff