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Being a Human Magnet Is Key to Your Company's Success. Here's What That Means.
An All-In-One Guide for Trading Metals (Ad)pixel
Near-Term Headwinds Send Nike To The Bargain Basement 
Sweden sends special diving vessel to area of pipeline leaks
Can A.I. Launch You into Your Next Trading Frontier? (Ad)pixel
Russia's lower house of parliament endorses treaties for 4 regions of Ukraine to join Russia
Fraud, scam cases increasing on Zelle, Senate report finds
Top 5 Stocks to Double in 2022 (Ad)pixel
UK scraps tax cut for wealthy that sparked market turmoil
Supreme Court won't take up MyPillow head's defamation case
S&P 500   3,678.43
DOW   29,490.89
QQQ   273.53
Being a Human Magnet Is Key to Your Company's Success. Here's What That Means.
An All-In-One Guide for Trading Metals (Ad)pixel
Near-Term Headwinds Send Nike To The Bargain Basement 
Sweden sends special diving vessel to area of pipeline leaks
Can A.I. Launch You into Your Next Trading Frontier? (Ad)pixel
Russia's lower house of parliament endorses treaties for 4 regions of Ukraine to join Russia
Fraud, scam cases increasing on Zelle, Senate report finds
Top 5 Stocks to Double in 2022 (Ad)pixel
UK scraps tax cut for wealthy that sparked market turmoil
Supreme Court won't take up MyPillow head's defamation case
S&P 500   3,678.43
DOW   29,490.89
QQQ   273.53
Being a Human Magnet Is Key to Your Company's Success. Here's What That Means.
An All-In-One Guide for Trading Metals (Ad)pixel
Near-Term Headwinds Send Nike To The Bargain Basement 
Sweden sends special diving vessel to area of pipeline leaks
Can A.I. Launch You into Your Next Trading Frontier? (Ad)pixel
Russia's lower house of parliament endorses treaties for 4 regions of Ukraine to join Russia
Fraud, scam cases increasing on Zelle, Senate report finds
Top 5 Stocks to Double in 2022 (Ad)pixel
UK scraps tax cut for wealthy that sparked market turmoil
Supreme Court won't take up MyPillow head's defamation case
NYSE:RWT

Redwood Trust - RWT Stock Forecast, Price & News

$5.66
-0.08 (-1.39%)
(As of 10/3/2022 12:00 AM ET)
Add
Compare
Today's Range
$5.52
$5.93
50-Day Range
$5.66
$8.79
52-Week Range
$5.51
$14.17
Volume
2.55 million shs
Average Volume
2.28 million shs
Market Capitalization
$680.73 million
P/E Ratio
14.90
Dividend Yield
16.03%
Price Target
$12.07

Redwood Trust MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
113.3% Upside
$12.07 Price Target
Short Interest
Bearish
7.20% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.13mentions of Redwood Trust in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
112.73%
From $0.55 to $1.17 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.80 out of 5 stars

Finance Sector

227th out of 927 stocks

Real Estate Investment Trusts Industry

47th out of 196 stocks

RWT stock logo

About Redwood Trust (NYSE:RWT) Stock

Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. The Residential Mortgage Banking 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 offers derivative financial instruments to manage risks associated with residential loans. The Business Purpose Mortgage Banking segment operates a platform that originates and acquires business purpose loans, such as single-family rental and bridge loans for subsequent securitization, sale, or transfer into its investment portfolio. The Investment Portfolio segment invests in securities retained from residential and business purpose securitization activities, and residential and small-balance multifamily bridge loans, as well as residential mortgage-backed securities issued by third parties, Freddie Mac K-Series multifamily loan securitizations and reperforming loan securitizations, servicer advance investments, home equity investments, and other housing-related investments. 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 incorporated in 1994 and is headquartered in Mill Valley, California.

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RWT Stock News Headlines

Redwood Trust (NYSE:RWT) Sees Large Volume Increase
Redwood Trust (NYSE:RWT) Stock Price Down 5.1%
Redwood Trust (NYSE:RWT) Hits New 1-Year Low at $6.52
Redwood Trust announces $125M stock buyback program
RWT Dividend Yield Pushes Above 9%
See More Headlines
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RWT Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 9/30 Dividend
9/22/2022
Dividend Payable
9/30/2022
Today
10/04/2022
Next Earnings (Estimated)
10/26/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Mortgage REITs
Sector
Finance
CUSIP
75807540
Employees
298
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$12.07
High Stock Price Forecast
$16.50
Low Stock Price Forecast
$8.50
Forecasted Upside/Downside
+113.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$319.61 million
Pretax Margin
7.78%

Debt

Sales & Book Value

Annual Sales
$575 million
Cash Flow
$1.74 per share
Book Value
$12.26 per share

Miscellaneous

Free Float
118,107,000
Market Cap
$680.73 million
Optionable
Optionable
Beta
1.21

Key Executives

  • Mr. Christopher J. Abate CPA (Age 42)
    CEO & Director
    Comp: $7.6M
  • Mr. Dashiell I. Robinson (Age 42)
    Pres & Director
    Comp: $6.75M
  • Ms. Brooke E. Carillo (Age 35)
    Chief Financial Officer
    Comp: $5.91M
  • Mr. Collin Lee Cochrane CPA (Age 45)
    Chief Accounting Officer
    Comp: $2.01M
  • Mr. Andrew P. StoneMr. Andrew P. Stone (Age 51)
    Exec. VP, Chief Legal Officer & Sec.
    Comp: $3.53M
  • Ms. Sasha G. MacomberMs. Sasha G. Macomber (Age 53)
    Chief Human Resource Officer
    Comp: $3.35M
  • Ms. Carlene A. Graham
    Chief Operating Officer
  • Mr. J. Thomas Richardson
    Chief Technology Officer
  • Kaitlyn Mauritz
    Sr. VP & Head of Investor Relations
  • Mr. Fred J. Matera (Age 58)
    MD & Head of Residential













RWT Stock - Frequently Asked Questions

Should I buy or sell Redwood Trust stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Redwood Trust in the last year. There are currently 3 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" RWT shares.
View RWT analyst ratings
or view top-rated stocks.

What is Redwood Trust's stock price forecast for 2022?

6 analysts have issued 12 month target prices for Redwood Trust's stock. Their RWT share price forecasts range from $8.50 to $16.50. On average, they expect the company's share price to reach $12.07 in the next year. This suggests a possible upside of 113.3% from the stock's current price.
View analysts price targets for RWT
or view top-rated stocks among Wall Street analysts.

How have RWT shares performed in 2022?

Redwood Trust's stock was trading at $13.19 at the start of the year. Since then, RWT shares have decreased by 57.1% and is now trading at $5.66.
View the best growth stocks for 2022 here
.

When is Redwood Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our RWT earnings forecast
.

How were Redwood Trust's earnings last quarter?

Redwood Trust, Inc. (NYSE:RWT) announced its earnings results on Thursday, April, 28th. The real estate investment trust reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.26 by $0.02. Redwood Trust had a trailing twelve-month return on equity of 9.08% and a net margin of 9.49%. During the same period last year, the business posted $0.40 EPS.

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

Redwood Trust declared a quarterly dividend on Tuesday, September 13th. Shareholders of record on Friday, September 23rd will be given a dividend of $0.23 per share on Friday, September 30th. This represents a $0.92 annualized dividend and a yield of 16.25%. The ex-dividend date of this dividend is Thursday, September 22nd.
Read our dividend analysis for RWT
.

Is Redwood Trust a good dividend stock?

Redwood Trust (NYSE:RWT) pays an annual dividend of $0.92 per share and currently has a dividend yield of 16.03%. RWT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 242.11%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, RWT will have a dividend payout ratio of 78.63% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for RWT.

How will Redwood Trust's stock buyback program work?

Redwood Trust declared that its board has initiated a share repurchase program on Thursday, July 28th 2022, which permits the company to repurchase $125,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 11.8% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's management believes its stock is undervalued.

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

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

What other stocks do shareholders of Redwood Trust own?
What is Redwood Trust's stock symbol?

Redwood Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "RWT."

How do I buy shares of Redwood Trust?

Shares of RWT stock 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.
Compare Top Brokerages Here.

What is Redwood Trust's stock price today?

One share of RWT stock can currently be purchased for approximately $5.66.

How much money does Redwood Trust make?

Redwood Trust (NYSE:RWT) has a market capitalization of $680.74 million and generates $575 million in revenue each year. The real estate investment trust earns $319.61 million in net income (profit) each year or $0.38 on an earnings per share basis.

How many employees does Redwood Trust have?

The company employs 298 workers across the globe.

How can I contact Redwood Trust?

Redwood Trust's mailing address is ONE BELVEDERE PLACE SUITE 300, MILL VALLEY CA, 94941. The official website for the company is www.redwoodtrust.com. The real estate investment trust can be reached via phone at (415) 389-7373, via email at investorrelations@redwoodtrust.com, or via fax at 415-381-1773.

This page (NYSE:RWT) was last updated on 10/4/2022 by MarketBeat.com Staff

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