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S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Biden's State of the Union to tout policy wins on economy
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Is C3.ai Artificial Intelligence Product Suite a Gamechanger?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
How will EU ban and West's price cap on Russian diesel work?
Evacuations urged in Ohio town as train wreck smolders
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Biden's State of the Union to tout policy wins on economy
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Is C3.ai Artificial Intelligence Product Suite a Gamechanger?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
How will EU ban and West's price cap on Russian diesel work?
Evacuations urged in Ohio town as train wreck smolders
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Route to Super Bowl dangerous for Mexico's avocado haulers
Biden's State of the Union to tout policy wins on economy
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Is C3.ai Artificial Intelligence Product Suite a Gamechanger?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
How will EU ban and West's price cap on Russian diesel work?
Evacuations urged in Ohio town as train wreck smolders

Redwood Trust - RWT Stock Forecast, Price & News

$8.60
-0.10 (-1.15%)
(As of 02/3/2023 09:04 PM ET)
Add
Compare
Today's Range
$8.53
$8.68
50-Day Range
$6.75
$8.70
52-Week Range
$5.51
$12.23
Volume
1.34 million shs
Average Volume
1.01 million shs
Market Capitalization
$974.81 million
P/E Ratio
N/A
Dividend Yield
10.57%
Price Target
$9.86

Redwood Trust MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
14.6% Upside
$9.86 Price Target
Short Interest
Bearish
7.55% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.75mentions of Redwood Trust in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$128,323 Sold Last Quarter
Proj. Earnings Growth
89.80%
From $0.49 to $0.93 Per Share

Overall MarketRank

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

2.47 out of 5 stars

Finance Sector

277th out of 854 stocks

Real Estate Investment Trusts Industry

58th out of 189 stocks

RWT stock logo

About Redwood Trust (NYSE:RWT) Stock

Redwood Trust, Inc. is a financial company, which focuses on several distinct areas of housing credit. It operates through the following segments: Residential Lending, Business Purpose Lending, Third-Party Investments, and Corporate. The Residential Lending segment consists of a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer into the investment portfolio. The Business Purpose Lending segment includes the platform that originates and acquires business purpose residential loans. The Third-Party Investments segment consists of investments in residential mortgage-backed securities (RMBS) issued by third parties, investments in Freddie Mac K-Series multifamily loan securitizations and SLST reperforming loan securitizations. The company was founded by George E. Bull III, Douglas B. Hansen and Frederick H. Borden on April 11, 1994 and is headquartered in Mill Valley, CA.

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RWT Stock News Headlines

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Buy 13% Yielding Redwood Trust. It Just Ain't '08
Earnings Outlook For Redwood Trust
Redwood Trust Inc
Redwood Trust Reports Q3 Preliminary Results; Stock Up 5%
Redwood Trust PT Lowered to $7.50 at JPMorgan
Redwood Trust Inc RWT Stock Quote
See More Headlines
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RWT Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 12/28 Dividend
12/19/2022
Dividend Payable
12/28/2022
Today
2/06/2023
Next Earnings (Confirmed)
2/09/2023
Fiscal Year End
12/31/2023

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
$9.86
High Stock Price Forecast
$11.50
Low Stock Price Forecast
$8.50
Forecasted Upside/Downside
+14.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$319.61 million
Pretax Margin
-11.69%

Debt

Sales & Book Value

Annual Sales
$81.02 million
Cash Flow
$1.76 per share
Book Value
$12.26 per share

Miscellaneous

Free Float
111,310,000
Market Cap
$974.81 million
Optionable
Optionable
Beta
1.34

Key Executives

  • Christopher J. Abate
    Chief Executive Officer & Director
  • Dashiell I. Robinson
    President & Director
  • Brooke E. Carillo
    Chief Financial Officer
  • J. Thomas Richardson
    Chief Technology Officer
  • Andrew P. StoneAndrew P. Stone
    Secretary, Chief Legal Officer & Executive VP













RWT Stock - Frequently Asked Questions

Should I buy or sell Redwood Trust stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Redwood Trust in the last twelve months. There are currently 2 hold ratings, 4 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 2023?

7 analysts have issued 1 year target prices for Redwood Trust's shares. Their RWT share price forecasts range from $8.50 to $11.50. On average, they anticipate the company's stock price to reach $9.86 in the next twelve months. This suggests a possible upside of 14.6% 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 2023?

Redwood Trust's stock was trading at $6.76 at the beginning of the year. Since then, RWT stock has increased by 27.2% and is now trading at $8.60.
View the best growth stocks for 2023 here
.

When is Redwood Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our RWT earnings forecast
.

How can I listen to Redwood Trust's earnings call?

Redwood Trust will be holding an earnings conference call on Thursday, February 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13735175".

How were Redwood Trust's earnings last quarter?

Redwood Trust, Inc. (NYSE:RWT) released its earnings results on Thursday, April, 28th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.26 by $0.02. Redwood Trust had a negative net margin of 10.78% and a positive trailing twelve-month return on equity of 6.18%. During the same quarter last year, the business earned $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 Thursday, December 8th. Shareholders of record on Tuesday, December 20th will be given a dividend of $0.23 per share on Wednesday, December 28th. This represents a $0.92 annualized dividend and a dividend yield of 10.70%. The ex-dividend date of this dividend is Monday, December 19th.
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 10.57%. RWT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for RWT.

How will Redwood Trust's stock buyback program work?

Redwood Trust declared that its board has authorized a share buyback plan on Thursday, July 28th 2022, which authorizes the company to buyback $125,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 11.8% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its shares are 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."

Who are Redwood Trust's major shareholders?

Redwood Trust's stock is owned by a number of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (1.04%), State of Alaska Department of Revenue (0.07%), Yousif Capital Management LLC (0.06%), Comerica Bank (0.06%), Shufro Rose & Co. LLC (0.06%) and Louisiana State Employees Retirement System (0.05%). Insiders that own company stock include Andrew P Stone, Collin L Cochrane, Fred Matera, Georganne Proctor and Sasha G Macomber.
View institutional ownership trends
.

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 $8.60.

How much money does Redwood Trust make?

Redwood Trust (NYSE:RWT) has a market capitalization of $974.81 million and generates $81.02 million in revenue each year. The real estate investment trust earns $319.61 million in net income (profit) each year or ($0.71) 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 2/6/2023 by MarketBeat.com Staff