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Redwood Trust (RWT)
NYSE:RWT
Holding RWT?
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RWT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$5.46 - $8.15
Previous CloseN/A
Volume523.71K
Average Volume (3M)1.24M
Market Cap
$852.10M
Enterprise Value$17.60B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)$3.39B
Price to Earnings (P/E)11.8
Beta1.20
Next Earnings
Feb 05, 2025EPS Estimate
0.15Last Dividend Ex-Date
Dec 23, 2024Dividend Yield10.47%
Share Statistics
EPS (TTM)0.54
Shares Outstanding132,519,580
10 Day Avg. Volume1,070,681
30 Day Avg. Volume1,244,457
Standard Deviation0.15
R-Squared0.31
Alpha-0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.31
Price to Cash Flow (P/CF)-0.10
P/FCF Ratio0.00
Enterprise Value/Market Cap20.66
Enterprise Value/Revenue58.26
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$8.25Price Target Upside28.30% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Redwood News
PremiumCompany Announcements
Redwood Trust Increases Quarterly Dividend for Shareholders
PremiumCompany Announcements
Redwood Trust Announces Strong Q3 2024 Earnings
PremiumCompany Announcements
Redwood Trust Reports Strong Q3 2024 Performance
Bulls Say, Bears Say
Bulls Say
Dividend And ValuationThe company recently raised the quarterly dividend, indicating confidence in its financial health.
Earnings PerformanceRedwood Trust announced third quarter 2024 results that were marked by above-consensus and sequentially higher earnings available for distribution, stability in book value, and continued strength in both residential consumer mortgage banking lock volume and in residential investor mortgage banking funding volume.
Strategic PositioningRedwood 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 RatesHigher rates could create some further pressure on Redwood's NAV.
Loan DelinquencyHigher multifamily bridge loan delinquency rate is a risk to monitor for Redwood Trust.
Market DynamicsThe recent higher 10-year yield has been an offsetting dynamic for mortgage REIT stocks, including Redwood.
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Ownership Overview
1.19% Insiders
20.02% Mutual Funds
<0.01% Other Institutional Investors
48.66% 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?
Redwood Trust’s market cap is $852.10M.
When is Redwood Trust’s upcoming earnings report date?
Redwood Trust’s upcoming earnings report date is Feb 05, 2025 which is in 18 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 $0.668 which represents an annual dividend yield of 10.47%. See more information on Redwood Trust dividends here
What is Redwood Trust’s EPS estimate?
Redwood Trust’s EPS estimate is 0.15.
How many shares outstanding does Redwood Trust have?
Redwood Trust has 132,519,580 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 -4.301%.
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 2M.
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Redwood Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$8.25 (28.30% Upside)
$8.25 (28.30% Upside)
Blogger Sentiment
Bearish
RWT Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 18.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.5%
Last 30 Days ▼ 1.5%
Last 30 Days ▼ 1.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
1.24%
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
Earnings Call Sentiment|Neutral
The earnings call reflected a balanced outlook. While mortgage banking performance and dividend increases were notable achievements, challenges such as decreasing lock volumes, rising interest rates, and increased delinquencies presented hurdles. The company seems well-prepared to navigate these challenges, with a focus on strategic growth and capital efficiency.Read More>---
RWT Stock 12 Month Forecast
Average Price Target
$8.25
▲(28.30% Upside)
Technical Analysis
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Best Analysts Covering RWT
1 Year
1 Year Success Rate
15/20 ratings generated profit
1 Year Average Return
+8.46%
reiterated a buy rating 2 days ago
Copying Bose George's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +8.46% per trade.
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