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Redwood Trust Inc (RWT)

NYSE
Currency in USD
Disclaimer
7.55
0.00(0.00%)
Closed
After Hours
7.65+0.10(+1.32%)
RWT Scorecard
Full Analysis
Net income is expected to grow this year
High dividend Yield
Fair Value
Day's Range
7.517.60
52 wk Range
5.458.15
Prev. Close
7.55
Open
7.55
Day's Range
7.51-7.6
52 wk Range
5.45-8.15
Volume
517,640
Average Vol. (3m)
845,037
1-Year Change
5.59%
Book Value / Share
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Fair Value
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Fair Value Upside
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RWT Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
8.26
Upside
+9.40%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low P/E ratio relative to near-term earnings growth
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InvestingPro Research for Redwood Trust Inc


Valuation Insights
Analyst price targets range from $8.00 to $8.50, suggesting potential upside of 20-26% for Redwood Trust stock
Financial Resilience
Delve into Redwood's Q2 2024 results, showing growth in key areas despite challenging market conditions
Strategic Growth
Explore Redwood's joint ventures and investments, projected to boost annual EAD by $0.27 per share when fully scaled
Mortgage Market Shift
Redwood Trust poised to benefit from regulatory changes pushing banks towards "originate to sell" model, potentially expanding its market share

Redwood Trust Inc Company Profile

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.

Compare RWT to Peers and Sector

Metrics to compare
RWT
Peers
Sector
Relationship
P/E Ratio
39.5x−8.5x8.7x
PEG Ratio
0.320.030.03
Price / Book
0.9x0.6x1.0x
Price / LTM Sales
4.8x8.1x2.7x
Upside (Analyst Target)
10.9%19.6%13.2%
Fair Value Upside
Unlock11.1%3.1%Unlock

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FAQ

What Is the Redwood (RWT) Stock Price Today?

The Redwood stock price today is 7.55

What Stock Exchange Does Redwood Trade On?

Redwood is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Redwood?

The stock symbol for Redwood is "RWT."

Does Redwood Pay Dividends? What’s The Current Dividend Yield?

The dividend yield is 9.01%.

What Is the Redwood Market Cap?

As of today, Redwood market cap is 999.55M.

What is Redwood Earnings Per Share?

The Redwood EPS is 0.202.

What Is the Next Redwood Earnings Date?

Redwood will release its next earnings report on Oct 30, 2024.
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