RWT Stock Overview
Operates as a specialty finance company in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Redwood Trust, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$6.70 |
| 52 Week High | US$8.15 |
| 52 Week Low | US$5.46 |
| Beta | 1.61 |
| 1 Month Change | -5.10% |
| 3 Month Change | -16.87% |
| 1 Year Change | -8.72% |
| 3 Year Change | -48.70% |
| 5 Year Change | -59.39% |
| Change since IPO | -60.88% |
Recent News & Updates
Recent updates
Redwood Trust Recently Issued 2 Notes Maturing In 2029
Aug 12Redwood Trust: Why The 10.3% Yielding Preferreds Should Be Considered
Apr 15Redwood Trust: Book Value Likely To Decrease, But Not As Much As Agency REITs
Oct 28Redwood Trust: An Emerging Winner In The Regional Bank Chaos
Aug 17Redwood Trust EAD of -$0.11
Feb 09Redwood Trust prices $65M preferred stock offering
Jan 11Redwood Trust Non-GAAP EPS of $0.16 beats by $0.09
Oct 27Redwood Trust stock gains 5% after hours on preliminary Q3 results
Oct 13Redwood Trust declares $0.23 dividend
Sep 13Redwood Trust downgraded to Neutral at BTIG on interest rate uncertainty
Aug 31Redwood Trust announces $125M stock buyback program
Jul 28Redwood Trust closes on $313M securitization backed by single-family rental loans
Jun 29Redwood Trust: Enjoy The High Yield, But Forget Price Growth
Apr 25Redwood Trust: Investor Day Emphasizes The Longer-Term Growth Potential
Oct 08Redwood Trust EPS beats by $0.38, beats on revenue
Apr 28What Is The Ownership Structure Like For Redwood Trust, Inc. (NYSE:RWT)?
Mar 09
Shareholder Returns
| RWT | US Mortgage REITs | US Market | |
|---|---|---|---|
| 7D | -3.7% | -2.0% | 0.1% |
| 1Y | -8.7% | -10.9% | 26.1% |
Return vs Industry: RWT exceeded the US Mortgage REITs industry which returned -10.9% over the past year.
Return vs Market: RWT underperformed the US Market which returned 26.1% over the past year.
Price Volatility
| RWT volatility | |
|---|---|
| RWT Average Weekly Movement | 3.3% |
| Mortgage REITs Industry Average Movement | 3.3% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: RWT has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: RWT's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1994 | 289 | Chris Abate | www.redwoodtrust.com |
Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Consumer Mortgage Banking, Residential Investor Mortgage Banking, and Investment Portfolio. The Residential Consumer 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.
Redwood Trust, Inc. Fundamentals Summary
| RWT fundamental statistics | |
|---|---|
| Market cap | US$921.90m |
| Earnings (TTM) | US$70.61m |
| Revenue (TTM) | US$268.36m |
12.6x
P/E Ratio3.3x
P/S RatioIs RWT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RWT income statement (TTM) | |
|---|---|
| Revenue | US$268.36m |
| Cost of Revenue | US$30.75m |
| Gross Profit | US$237.61m |
| Other Expenses | US$167.00m |
| Earnings | US$70.61m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.53 |
| Gross Margin | 88.54% |
| Net Profit Margin | 26.31% |
| Debt/Equity Ratio | 1,374.4% |
How did RWT perform over the long term?
See historical performance and comparisonDividends
9.6%
Current Dividend Yield119%
Payout RatioDoes RWT pay a reliable dividends?
See RWT dividend history and benchmarks| Redwood Trust dividend dates | |
|---|---|
| Ex Dividend Date | Dec 23 2024 |
| Dividend Pay Date | Dec 30 2024 |
| Days until Ex dividend | 4 days |
| Days until Dividend pay date | 11 days |
Does RWT pay a reliable dividends?
See RWT dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 23:01 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Redwood Trust, Inc. is covered by 22 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kenneth Bruce | BofA Global Research |
| Eric Hagen | BTIG |
| Michael Diana | Cantor Fitzgerald & Co. |