Redwood Trust, Inc.

RWT

US7580754023

Redwood Trust, Inc. is a specialty finance company focused on several distinct areas of housing credit. The Company's segments include Residential Consumer Mortgage Banking, Residential Investor Mortgage Banking, and Investment Portfolio. The Residential Consumer Mortgage Banking segment consists of a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale to whole loan buyers, securitization through its SEMT (Sequoia) private-label securitization program, or transfer into its investment portfolio. The Residential Investor Mortgage Banking segment consists of a platform that originates business purpose lending loans for subsequent securitization, sale, or transfer into its investment portfolio. The Investment Portfolio segment consists of organic investments sourced through the Company's mortgage banking operations. Additionally, through RWT Horizons, its venture investing initiative, the Company invests in early-stage companies.

Sector

Specialized REITs

Calendar

2024-05-21 - Annual General Meeting

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Redwood Trust, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

6.34 USD

Average target price

7.575 USD

Spread / Average Target

+19.48%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Mortgage REITs

	1st Jan change	Capi.
REDWOOD TRUST, INC.	-14.37%	836M
ANNALY CAPITAL MANAGEMENT, INC.	+1.16%	9.68B
AGNC INVESTMENT CORP.	-3.16%	6.77B
STARWOOD PROPERTY TRUST, INC.	-6.30%	6.12B
RITHM CAPITAL CORP.	+6.51%	5.47B
BLACKSTONE MORTGAGE TRUST, INC.	-14.25%	3.16B
ARBOR REALTY TRUST, INC.	-12.52%	2.43B
READY CAPITAL CORPORATION	-14.93%	1.49B
APOLLO COMMERCIAL REAL ESTATE FINANCE, INC.	-13.80%	1.43B
LADDER CAPITAL CORP	-3.30%	1.41B

Mortgage REITs

Real-time Estimate Cboe BZX Other stock markets 12:34:12 2024-05-06 pm EDT			5-day change	1st Jan Change
6.335 ^USD	-0.08%		+11.51%	-14.37%

Apr. 30	Transcript : Redwood Trust, Inc., Q1 2024 Earnings Call, Apr 30, 2024
Apr. 30	Earnings Flash (RWT) REDWOOD TRUST Posts Q1 Non-GAAP EPS $0.08, vs. Street Est of $0.09	MT

Transcript : Redwood Trust, Inc., Q1 2024 Earnings Call, Apr 30, 2024	Apr. 30
Earnings Flash (RWT) REDWOOD TRUST Posts Q1 Non-GAAP EPS $0.08, vs. Street Est of $0.09	Apr. 30	MT
Redwood Trust, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 30	CI
North American Morning Briefing : Big Banks Kick -2-	Apr. 12	DJ
Wedbush Downgrades Redwood Trust to Neutral From Outperform, Cuts Price Target to $6.50 From $8, Cites 'Higher for Longer' Rates	Apr. 11	MT
Transcript : Redwood Trust, Inc. - Analyst/Investor Day	Mar. 19
Redwood Trust, Inc. and Canada Pension Plan Investment Board Announce $750 Million Strategic Capital Partnership	Mar. 19	CI
Redwood Trust Keeps Quarterly Dividend at $0.16 a Share, Payable March 28 to Shareholders of Record March 21	Mar. 07	MT
Redwood Trust, Inc. Declares First Quarter 2024 Common Dividend, Payable on March 28, 2024	Mar. 07	CI
UBS Adjusts Redwood Trust Price Target to $8.50 From $9, Maintains Buy Rating	Mar. 05	MT
Keefe, Bruyette & Woods Adjusts Price Target on Redwood Trust to $7.75 From $8.50, Maintains Outperform Rating	Feb. 26	MT
JMP Securities Adjusts Redwood Trust Price Target to $8 From $9, Maintains Market Outperform Rating	Feb. 21	MT
Piper Sandler Adjusts Price Target on Redwood Trust to $7 From $7.50, Maintains Neutral Rating	Feb. 21	MT
Transcript : Redwood Trust, Inc., Q4 2023 Earnings Call, Feb 20, 2024	Feb. 20
Earnings Flash (RWT) REDWOOD TRUST Reports Q4 EPS $0.15, vs. Street Est of $0.15	Feb. 20	MT
Redwood Trust, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 20	CI
Redwood Trust Prices $60 Million Notes Offering	Jan. 18	MT
Redwood Trust, Inc. Declares a Fourth Quarter 2023 Regular Common Stock Dividend, Payable on December 28, 2023	Dec. 07	CI
UBS Initiates Coverage on Redwood Trust With Buy Rating, $9 Price Target	Dec. 06	MT
North American Morning Briefing : Stock Futures -2-	Dec. 06	DJ
BTIG Upgrades Redwood Trust to Buy From Neutral, Price Target is $8.50	Dec. 05	MT
Raymond James Adjusts Redwood Trust's Price Target to $9 From $10, Maintains Strong Buy Rating	Nov. 28	MT
Tranche Update on Redwood Trust, Inc.'s Equity Buyback Plan announced on July 28, 2022.	Nov. 07	CI
Redwood Trust Announces the Appointment of Doneene Damon to its Board of Directors, Effective November 2, 2023	Nov. 02	CI
Transcript : Redwood Trust, Inc., Q3 2023 Earnings Call, Oct 30, 2023	23-10-30

Redwood Trust, Inc.

Equities

RWT