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Redwood Trust (RWT)
NYSE:RWT
Holding RWT?
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RWT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$5.46 - $8.15
Previous Close$7.06
Volume463.73K
Average Volume (3M)807.50K
Market Cap
$933.80M
Enterprise Value$14.52B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$13.59B
Price to Earnings (P/E)13.0
Beta1.22
Next Earnings
Feb 05, 2025EPS Estimate
$0.16Last Dividend Ex-Date
Sep 23, 2024Dividend Yield9.21%
Share Statistics
EPS (TTM)0.54
Shares Outstanding132,266,682
10 Day Avg. Volume1,041,987
30 Day Avg. Volume807,501
Standard Deviation0.15
R-Squared0.31
Alpha-0.00990
Financial Highlights & Ratios
Price to Book (P/B)0.81
Price to Sales (P/S)5.35
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue122.55
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$8.54Price Target Upside20.96% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Redwood News
PremiumCompany Announcements
Redwood Trust Announces Strong Q3 2024 Earnings
PremiumCompany Announcements
Redwood Trust Reports Strong Q3 2024 Performance
PremiumStock Analysis & Ideas
Seeking up to 10% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy
Bulls Say, Bears Say
Bulls Say
Financial PerformanceRWT reported a good quarter with higher earnings as mortgage banking margins were stronger than expected.
Market PositioningRedwood Trust is benefiting in their mortgage banking business as banks pull back.
Strategic GrowthRedwood remains uniquely positioned to capitalize on the evolving mortgage lending landscape by participating in potential future mortgage asset sales from banks, in both bulk and flow formats.
Bears Say
Interest RatesThe recent higher 10-year yield has been an offsetting dynamic for mortgage REIT stocks, including RWT.
Loan DelinquencyA risk to monitor is Redwood Trust's higher multifamily bridge loan delinquency rate, though notable progress is being made on resolutions.
Market PerformanceRWT shares have decreased by approximately 14% since the start of the year, underperforming compared to its peers and the broader market.
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Ownership Overview
1.20% Insiders
19.98% Mutual Funds
10.77% Other Institutional Investors
38.95% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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RWT FAQ
What was Redwood Trust’s price range in the past 12 months?
Redwood Trust lowest stock price was $5.46 and its highest was $8.15 in the past 12 months.
What is Redwood Trust’s market cap?
Currently, no data Available
When is Redwood Trust’s upcoming earnings report date?
Redwood Trust’s upcoming earnings report date is Feb 05, 2025 which is in 74 days.
How were Redwood Trust’s earnings last quarter?
Redwood Trust released its earnings results on Oct 30, 2024. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.185 by -$0.095.
Is Redwood Trust overvalued?
According to Wall Street analysts Redwood Trust’s price is currently Undervalued.
Does Redwood Trust pay dividends?
Redwood Trust pays a Quarterly dividend of $0.17 which represents an annual dividend yield of 9.21%. See more information on Redwood Trust dividends here
What is Redwood Trust’s EPS estimate?
Redwood Trust’s EPS estimate is $0.16.
How many shares outstanding does Redwood Trust have?
Redwood Trust has 132,266,680 shares outstanding.
What happened to Redwood Trust’s price movement after its last earnings report?
Redwood Trust reported an EPS of $0.09 in its last earnings report, missing expectations of $0.185. Following the earnings report the stock price went down -4.188%.
Which hedge fund is a major shareholder of Redwood Trust?
Among the largest hedge funds holding Redwood Trust’s share is Gamco Investors, Inc. ET AL. It holds Redwood Trust’s shares valued at 1M.
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Redwood Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$8.54 (20.96% Upside)
$8.54 (20.96% Upside)
Hedge Fund Trend
Increased
By 23.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.9%
Last 30 Days ▲ 29.0%
Last 30 Days ▲ 29.0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
12.31%
12-Months-Change
Fundamentals
Return on Equity
6.64%
Trailing 12-Months
Asset Growth
41.52%
Trailing 12-Months
Company Description
Redwood Trust
Redwood Trust, Inc. engages in the business of investing in mortgages and other real estate-related assets. It operates through the following segments: Investment Portfolio and Mortgage Banking. The Investment Portfolio segment includes a portfolio of investments in residential mortgage-backed securities (RMBS) retained from its Sequoia securitizations, as well as RMBS issued by third parties and other credit risk-related investments. The 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. 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 Company Deck
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RWT Earnings Call
Q3 2024
0:00 / 0:00
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RWT Stock 12 Month Forecast
Average Price Target
$8.54
▲(20.96% Upside)
Technical Analysis
Best Analysts Covering RWT
1 Year
1 Year Success Rate
16/19 ratings generated profit
1 Year Average Return
+12.67%
assigned a buy rating 22 days ago
Copying Bose George's trades and holding each position for 1 Year would result in 84.21% of your transactions generating a profit, with an average return of +12.67% per trade.
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