Redwood Trust, Inc , together with its subsidiaries, operates as a specialty finance company in the United States.
infoRedwood Trust is a small cap stock with a total market cap of 784.52M.
infoThey trade on the NYSE and had their IPO 27 years and 11 months ago.
infoRedwood Trust currently employs 301 people.
infoAs of Thursday, Jul 27 2023, Redwood Trust’s share price is $6.88.
News Relating to Redwood Trust
Business Wire
Redwood Trust Announces Date of Second Quarter 2023 Financial Results Webcast and Conference Call
Thursday Jul 13 2023 at 16:15
MILL VALLEY, Calif.–(BUSINESS WIRE)–Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, is scheduled to release its second quarter 2023 results on July 27, 2023 after the close of the market. Redwood’s senior management team plans to hold a conference call to discuss its second quarter 2023 financial results later that same day at 2:00 pm Pacific Time / 5:00 pm Eastern Time. Webcast Information The conference call wi.
The Motley Fool
Why Is Redwood Trust’s Dividend Yield So High?
Thursday Jun 01 2023 at 06:30
Redwood Trust needs everything to go right in order to sustain the dividend. However, once the Federal Reserve is done hiking interest rates, Redwood could see a narrowing of its discount to book value per share.
Zacks Investment Research
New Strong Sell Stocks for May 26th
Friday May 26 2023 at 09:50
BFIN, PFSI and RWT have been added to the Zacks Rank #5 (Strong Sell) List on May 26, 2023.
Seeking Alpha
Redwood Trust: The Dividend Will Be Cut, But The Valuation Is Appealing
Tuesday May 02 2023 at 14:20
RWT plans to cut its dividend by 20-30% next quarter. However, trading at a 0.64x book value that is showing signs of stabilization, the stock looks too cheap to ignore.
Seeking Alpha
Redwood Trust, Inc. (RWT) Q1 2023 Earnings Call Transcript
Thursday Apr 27 2023 at 22:47
Redwood Trust, Inc. (RWT) Q1 2023 Earnings Call Transcript.
Zacks Investment Research
Redwood Trust (RWT) Misses Q1 Earnings and Revenue Estimates
Thursday Apr 27 2023 at 19:43
Redwood Trust (RWT) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.28 per share a year ago.
Seeking Alpha
Redwood Trust: 2 Alternatives To The Common Shares Yielding Nearly 10%
Thursday Mar 09 2023 at 15:46
Redwood Trust originates, holds, and sells residential and business loans. The company saw earnings headwinds in 2022 related to the value of the loans it held for investment purposes.
The Motley Fool
Redwood Trust Sees Continued Weakness in Mortgage Originations, Cuts Costs
Tuesday Mar 07 2023 at 06:30
Redwood is a mortgage REIT that largely originates loans for professional real estate investors. Rising interest rates have slowed activity in the real estate sector.
Seeking Alpha
Redwood Trust Inc. (RWT) Q4 2022 Earnings Call Transcript
Thursday Feb 09 2023 at 20:49
Redwood Trust Inc. (NYSE:RWT ) Q4 2022 Results Conference Call February 9, 2023 5:00 PM ET Company Participants Kaitlyn Mauritz – Investor Relations Christopher Abate – Chief Executive Officer and Director Dash Robinson – President Brooke Carillo – Chief Financial Officer Conference Call Participants Stephen Laws – Raymond James Rick Shane – JPMorgan Eric Hagen – BTIG Derek Sommers – Jefferies Doug Harter – Credit Suisse Don Fandetti – Wells Fargo Bose George – KBW Steve DeLaney – JMP Securities Operator Good afternoon, and welcome to the Redwood Trust Incorporated Fourth Quarter 2022 Financial Results Conference Call. Today’s conference is being recorded.
Zacks Investment Research
Redwood Trust (RWT) Reports Q4 Loss, Lags Revenue Estimates
Thursday Feb 09 2023 at 19:35
Redwood Trust (RWT) delivered earnings and revenue surprises of -164.71% and 29.15%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Seeking Alpha
One New Preferred Stock IPO In January – And It Yields 10%
Wednesday Feb 01 2023 at 06:55
We observe just one new preferred stock offering during the month, which ranked 10 out of 10 for its CDx3 Compliance Score and offered an initial 10% yield. Here is a comparison against the highest quality preferred stocks in our coverage universe, as ranked by our internal “CDx3 Compliance Score” metric.
Seeking Alpha
Redwood Trust: Mortgage Lender Offering 10% Preferred Shares
Monday Jan 23 2023 at 13:35
Redwood Trust recently issued a 10% yielding preferred share. The company specializes in originating and holding residential and business loans.
Market Watch
11 high-yield dividend stocks that are Wall Street’s favorites for 2023
Wednesday Dec 21 2022 at 11:23
Investors love dividend stocks but there are different ways to look at them, including various “quality” approaches. Today we are focusing on high yields.
The Motley Fool
Why Is Redwood Trust’s Dividend Yield So High?
Sunday Dec 18 2022 at 07:25
A housing recession could mean problems for this mortgage real estate investment trust.
Seeking Alpha
Buy 13% Yielding Redwood Trust. It Just Ain’t ’08
Monday Oct 31 2022 at 01:23
Redwood is a REIT that specializes in managing residential mortgage credit risk. The current stock price implies that Redwood will lose $750 million on its current $11 billion invested loans. That seems highly improbable for two reasons.
Seeking Alpha
Redwood Trust, Inc (RWT) Q3 2022 Earnings Call Transcript
Thursday Oct 27 2022 at 22:05
Redwood Trust, Inc (NYSE:RWT ) Q3 2022 Earnings Conference Call October 27, 2022 5:00 PM ET Company Participants Kaitlyn Mauritz – Senior Vice President of Investor Relations Chris Abate – Chief Executive Officer and Director Dash Robinson – President Brooke Carillo – Chief Financial Officer Conference Call Participants Douglas Harter – Credit Suisse Eric Hagen – BTIG Steve DeLaney – JMP Securities Bose George – KBW Stephen Laws – Raymond James Operator Good afternoon, and welcome to the Redwood Trust Inc. Third Quarter 2022 Financial Results Conference Call. Today’s conference is being recorded.
Zacks Investment Research
Redwood Trust (RWT) Surpasses Q3 Earnings Estimates
Thursday Oct 27 2022 at 19:33
Redwood Trust (RWT) delivered earnings and revenue surprises of 633.33% and 15.44%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Business Wire
Redwood Trust Provides Preliminary Third Quarter 2022 Financial Results and Announces Date of Third Quarter 2022 Financial Results Webcast and Conference Call
Thursday Oct 13 2022 at 16:15
MILL VALLEY, Calif.
Seeking Alpha
Redwood Trust: A High-Yield Way To Be A Housing Contrarian
Tuesday Sep 06 2022 at 02:17
Redwood manages residential mortgage credit risk. While housing is currently in recession, it has fundamental strengths that are very likely to keep mortgage defaults low.
Seeking Alpha
Redwood Trust, Inc. (RWT) CEO Chris Abate on Q2 2022 Results – Earnings Call Transcript
Thursday Jul 28 2022 at 23:23
Redwood Trust, Inc. (NYSE:RWT ) Q2 2022 Earnings Conference Call July 28, 2022 5:00 PM ET Company Participants Kaitlyn Mauritz – Senior Vice President of Investor Relations Chris Abate – Chief Executive Officer and Director Dash Robinson – President and Director Brooke Carillo – Chief Financial Officer Conference Call Participants Stephen Laws – Raymond James Bose George – KBW Donald Fandetti – Wells Fargo Securities Richard Shane – JP Morgan Douglas Harter – Credit Suisse Kevin Barker – Piper Sandler Trevor Cranston – JMP Securities Eric Hagen – BTIG Operator Good afternoon, and welcome to the Redwood Trust Inc. second Quarter 2022 Financial Results Conference Call. Today’s conference is being recorded.
Business Wire
Redwood Trust Announces Date of Second Quarter 2022 Financial Results Webcast and Conference Call
Thursday Jul 14 2022 at 16:15
MILL VALLEY, Calif.–(BUSINESS WIRE)–Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, is scheduled to release its second quarter 2022 results on July 28, 2022 after the close of the market. Redwood’s senior management team plans to hold a conference call to discuss its second quarter 2022 financial results later that same day at 2:00 pm Pacific Time/ 5:00 pm Eastern Time. Webcast Information The conference call wil
Seeking Alpha
Redwood Trust, Inc. (RWT) CEO Christopher Abate on Q1 2022 Results – Earnings Call Transcript
Thursday Apr 28 2022 at 22:30
Redwood Trust, Inc. (NYSE:RWT ) Q1 2022 Results Conference Call April 28, 2022 5:00 PM ET Company Participants Kaitlyn Mauritz – Senior Vice President of Investor Relations Christopher Abate – Chief Executive Officer Dashiell Robinson – President Brooke Carillo – Chief Financial Officer Conference Call Participants Bose George – KBW Donald Fandetti – Wells Fargo Securities Steven DeLaney – JMP Securities Douglas Harter – Credit Suisse Stephen Laws – Raymond James Eric Hagen – BTIG Kevin Barker – Piper Sandler Operator Good afternoon, and welcome to the Redwood Trust Inc., First Quarter 2022 Financial Results Conference Call. Today’s conference is being recorded.
Zacks Investment Research
Redwood Trust (RWT) Q1 Earnings and Revenues Surpass Estimates
Thursday Apr 28 2022 at 20:18
Redwood Trust (RWT) delivered earnings and revenue surprises of 7.69% and 24.33%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Seeking Alpha
Redwood Trust: Enjoy The High Yield, But Forget Price Growth
Monday Apr 25 2022 at 15:26
RWT has a strong and steady dividend history with a high yield. Banking on loans and lease receivables, RWT is expected to earn strong revenue, record positive earnings, and pay high dividends.
Zacks Investment Research
Earnings Preview: Redwood Trust (RWT) Q1 Earnings Expected to Decline
Thursday Apr 21 2022 at 16:34
Redwood Trust (RWT) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Business Wire
Redwood Trust Announces Date of First Quarter 2022 Financial Results Webcast and Conference Call
Wednesday Apr 13 2022 at 16:15
MILL VALLEY, Calif.–(BUSINESS WIRE)–Redwood Trust Announces Date of First Quarter 2022 Financial Results Webcast and Conference Call
24/7 Wall Street
8 ‘Strong Buy’ Analyst Favorites With Big, Dependable Dividends Are Ideal Q2 Picks
Friday Mar 25 2022 at 07:20
The Wall Street firms that we cover here at 24/7 Wall St. all keep a list for their institutional and retail clients of high-conviction stock picks.
Seeking Alpha
Redwood Trust’s (RWT) CEO Chris Abate on Q4 2021 Results – Earnings Call Transcript
Wednesday Feb 09 2022 at 22:27
Redwood Trust’s (RWT) CEO Chris Abate on Q4 2021 Results – Earnings Call Transcript
Zacks Investment Research
Redwood Trust (RWT) Lags Q4 Earnings Estimates
Wednesday Feb 09 2022 at 20:40
Redwood Trust (RWT) delivered earnings and revenue surprises of -14.71% and 30.20%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Zacks Investment Research
Should You Buy Redwood Trust (RWT) Ahead of Earnings?
Tuesday Feb 08 2022 at 12:16
Redwood Trust (RWT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Redwood Trust Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
Learn more at Investopediaopen_in_new
Redwood Trust’s Altman Z-score is 0.02 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Derived from SEC.GOV filing dataopen_in_new
Redwood Trust Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
Learn more at Investopediaopen_in_new
Over the last 3 months, there has been no insider trading in Redwood Trust.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
Learn more at WallStreetPrepopen_in_new
Redwood Trust’s Income Quality of -1.34 is lower than its Industry Group of 1.49 (-189.9% lower)
Redwood Trust’s Income Quality of -1.34 is lower than its Major Industry Group of -0.05 (-2580.0% lower)
Redwood Trust’s Income Quality of -1.34 is lower than its Sector of 0.86 (-255.8% lower)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
Learn more at Investopediaopen_in_new
Redwood Trust’s Current Ratio of 0.51 is lower than its Industry Group of 1.5 (-66.0% lower)
Redwood Trust’s Current Ratio of 0.51 is greater than its Major Industry Group of 0.44 (15.9% greater)
Redwood Trust’s Current Ratio of 0.51 is lower than its Sector of 1.53 (-66.7% lower)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
Learn more at Investopediaopen_in_new
Cannot compare a negative PE Ratio (-4.13 & 17.09)
Cannot compare a negative PE Ratio (-4.13 & 17.63)
Cannot compare a negative PE Ratio (-4.13 & 9.5)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
Learn more at Investopediaopen_in_new
Redwood Trust’s PB Ratio of 0.69 is lower than its Industry Group of 1.12 (-38.4% lower)
Redwood Trust’s PB Ratio of 0.69 is lower than its Major Industry Group of 1.38 (-50.0% lower)
Redwood Trust’s PB Ratio of 0.69 is lower than its Sector of 1.06 (-34.9% lower)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
Learn more at Investopediaopen_in_new
Redwood Trust’s ROE of -0.17 is lower than its Industry Group of 0.03 (-666.7% lower)
Redwood Trust’s ROE of -0.17 is lower than its Major Industry Group of 0.04 (-525.0% lower)
Redwood Trust’s ROE of -0.17 is lower than its Sector of 0.04 (-525.0% lower)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
Learn more at Investopediaopen_in_new
Redwood Trust’s ROCE of 0.03 is in line with its Industry Group of 0.03
Redwood Trust’s ROCE of 0.03 is greater than its Major Industry Group of -0.01 (400.0% greater)
Redwood Trust’s ROCE of 0.03 is greater than its Sector of 0.02 (50.0% greater)
Derived from SEC.GOV filing dataopen_in_new