S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10

Redwood Trust Stock Forecast, Price & News

$13.90
-0.09 (-0.64 %)
(As of 10/22/2021 12:00 AM ET)
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Today's Range
$13.90
$14.04
50-Day Range
$11.93
$13.92
52-Week Range
$7.99
$14.10
Volume559,221 shs
Average Volume1.10 million shs
Market Capitalization$1.57 billion
P/E Ratio4.93
Dividend Yield6.14%
Beta0.97
30 days | 90 days | 365 days | Advanced Chart
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Redwood Trust logo

About Redwood Trust

Redwood Trust, Inc. is a financial company, which focuses on several distinct areas of housing credit. It operates through the 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.

Headlines

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Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Mortgage REITs
Sector
Finance
CUSIP
75807540
Employees
247
Year Founded
N/A

Sales & Book Value

Annual Sales
$572 million
Cash Flow
$1.22 per share
Book Value
$9.93 per share

Profitability

Net Income
$-581.85 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$1.57 billion
Next Earnings Date
10/27/2021 (Confirmed)
Optionable
Optionable

MarketRank

Overall MarketRank

2.30 out of 5 stars

Finance Sector

386th out of 1,333 stocks

Real Estate Investment Trusts Industry

96th out of 219 stocks

Analyst Opinion: 1.6Community Rank: 4.5Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -












Redwood Trust (NYSE:RWT) Frequently Asked Questions

Is Redwood Trust a buy right now?

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

What stocks does MarketBeat like better than Redwood Trust?

Wall Street analysts have given Redwood Trust a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Redwood Trust wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Redwood Trust?

Redwood Trust saw a increase in short interest in the month of September. As of September 30th, there was short interest totaling 4,110,000 shares, an increase of 24.2% from the September 15th total of 3,310,000 shares. Based on an average daily volume of 1,050,000 shares, the days-to-cover ratio is currently 3.9 days. Currently, 3.7% of the shares of the company are short sold.
View Redwood Trust's Short Interest
.

When is Redwood Trust's next earnings date?

Redwood Trust is scheduled to release its next quarterly earnings announcement on Wednesday, October 27th 2021.
View our earnings forecast for Redwood Trust
.

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

Redwood Trust will be holding an earnings conference call on Wednesday, October 27th 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 "13723453".

How were Redwood Trust's earnings last quarter?

Redwood Trust, Inc. (NYSE:RWT) released its quarterly earnings data on Thursday, July, 30th. The real estate investment trust reported $1.00 EPS for the quarter, topping the consensus estimate of $0.33 by $0.67. The real estate investment trust earned $27 million during the quarter, compared to analyst estimates of $36.20 million. Redwood Trust had a trailing twelve-month return on equity of 13.60% and a net margin of 74.95%. During the same quarter in the previous year, the firm earned $0.39 earnings per share.
View Redwood Trust's earnings history
.

How has Redwood Trust's stock price been impacted by Coronavirus (COVID-19)?

Redwood Trust's stock was trading at $15.78 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RWT stock has decreased by 11.9% and is now trading at $13.90.
View which stocks have been most impacted by COVID-19
.

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

Redwood Trust declared a quarterly dividend on Monday, September 13th. Investors of record on Thursday, September 23rd will be paid a dividend of $0.21 per share on Thursday, September 30th. This represents a $0.84 annualized dividend and a yield of 6.04%. The ex-dividend date of this dividend is Wednesday, September 22nd. This is a boost from Redwood Trust's previous quarterly dividend of $0.18.
View Redwood Trust's dividend history
.

Is Redwood Trust a good dividend stock?

Redwood Trust pays an annual dividend of $0.84 per share and currently has a dividend yield of 6.14%. RWT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Redwood Trust has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Redwood Trust is 2,100.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Redwood Trust will have a dividend payout ratio of 67.74% next year. This indicates that Redwood Trust will be able to sustain or increase its dividend.
View Redwood Trust's dividend history.

What price target have analysts set for RWT?

7 equities research analysts have issued 1-year price objectives for Redwood Trust's shares. Their forecasts range from $9.50 to $16.00. On average, they anticipate Redwood Trust's share price to reach $13.43 in the next year. This suggests that the stock has a possible downside of 3.4%.
View analysts' price targets for Redwood Trust
or view top-rated stocks among Wall Street analysts.

Who are Redwood Trust's key executives?

Redwood Trust's management team includes the following people:
  • Christopher J. Abate, Chief Executive Officer & Director
  • Dashiell I. Robinson, President & Director
  • Brooke E. Carillo, Chief Financial Officer
  • Andrew P. Stone, Secretary, Chief Legal Officer & Executive VP
  • Bo Stern, Managing Director-Portfolio Strategy & Risk

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

10 employees have rated Redwood Trust CEO Christopher Abate on Glassdoor.com. Christopher Abate has an approval rating of 100% among Redwood Trust'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 retail and institutional investors. Top institutional shareholders include Nisa Investment Advisors LLC (0.09%), State of Alaska Department of Revenue (0.07%), Louisiana State Employees Retirement System (0.05%), Eidelman Virant Capital (0.02%) and AdvisorNet Financial Inc (0.00%). Company insiders that own Redwood Trust stock include Andrew P Stone, Fred Matera and Georganne Proctor.
View institutional ownership trends for Redwood Trust
.

Which major investors are selling Redwood Trust stock?

RWT stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC.
View insider buying and selling activity for Redwood Trust
or view top insider-selling stocks.

Which major investors are buying Redwood Trust stock?

RWT stock was acquired by a variety of institutional investors in the last quarter, including Eidelman Virant Capital, State of Alaska Department of Revenue, Louisiana State Employees Retirement System, and AdvisorNet Financial Inc.
View insider buying and selling activity for Redwood Trust
or or view top insider-buying stocks.

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 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 $13.90.

How much money does Redwood Trust make?

Redwood Trust has a market capitalization of $1.57 billion and generates $572 million in revenue each year. The real estate investment trust earns $-581.85 million in net income (profit) each year or $0.04 on an earnings per share basis.

How many employees does Redwood Trust have?

Redwood Trust employs 247 workers across the globe.

What is Redwood Trust's official website?

The official website for Redwood Trust is www.redwoodtrust.com.

Where are Redwood Trust's headquarters?

Redwood Trust is headquartered at ONE BELVEDERE PLACE SUITE 300, MILL VALLEY CA, 94941.

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].


This page was last updated on 10/24/2021 by MarketBeat.com Staff

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