RWT
Redwood TrustRWT
RWT
About: Redwood Trust Inc is a real estate investment trust focused on different areas of housing credit. The company operates in three segments: Sequoia Mortgage Banking includes mortgage loan conduit that acquires residential consumer loans from third-party originators for sale to whole loan buyers and securitization; CoreVest Mortgage Banking segment includes consists of a platform that originates residential investor loans for securitization, sale, or transfer into Redwood Investments portfolio; and Redwood Investments segment consists of organic investments sourced through mortgage banking operations, including securities retained from Sequoia and CoreVest securitization activities. It derives maximum revenue from Redwood Investments segment.
Employees: 283
0
Funds holding %
of 7,419 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
11% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 63
7% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 27
0.6% less ownership
Funds ownership: 76.9% [Q3] → 76.3% (-0.6%) [Q4]
2% less funds holding
Funds holding: 212 [Q3] → 207 (-5) [Q4]
16% less capital invested
Capital invested by funds: $786M [Q3] → $659M (-$127M) [Q4]
69% less call options, than puts
Call options by funds: $4.85M | Put options by funds: $15.9M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$5.50
6%
downside
Avg. target
$7
20%
upside
High target
$8
37%
upside
4 analyst ratings
3 positive
75%
1 neutral
25%
0 negative
0%
JMP Securities Trevor Cranston 15% 1-year accuracy 4 / 26 met price target | 28%upside $7.50 | Market Outperform Maintained | 17 Apr 2025 |
Jones Trading Jason Weaver 24% 1-year accuracy 14 / 58 met price target | 20%upside $7 | Buy Maintained | 17 Apr 2025 |
JP Morgan Richard Shane 38% 1-year accuracy 25 / 65 met price target | 6%downside $5.50 | Neutral Maintained | 16 Apr 2025 |
JMP Securities Chris Muller 0% 1-year accuracy 0 / 9 met price target | 37%upside $8 | Market Outperform Maintained | 23 Jan 2025 |
Financial journalist opinion
Positive
Zacks Investment Research
8 hours ago
Redwood Trust (RWT) Upgraded to Strong Buy: Here's Why
Redwood Trust (RWT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Positive
Zacks Investment Research
1 week ago
Redwood Trust (RWT) Moves 9.5% Higher: Will This Strength Last?
Redwood Trust (RWT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Neutral
Business Wire
1 month ago
Redwood Trust Announces First Quarter 2025 Common and Preferred Dividends
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, today announced that its Board of Directors (the “Board”) has declared first quarter 2025 common and preferred stock dividends. Common Stock Dividend The Board has authorized the declaration of a first quarter 2025 regular common stock dividend of $0.18 per share, unchanged from the fourth quarter of 2024. This marks the Company's.
Neutral
Seeking Alpha
2 months ago
Redwood Trust, Inc. (RWT) Q4 2024 Earnings Call Transcript
Redwood Trust, Inc. (NYSE:RWT ) Q4 2024 Earnings Conference Call February 13, 2024 5:00 PM ET Company Participants Kaitlyn Mauritz - Head of Investor Relations Christopher Abate - Chief Executive Officer Dashiell Robinson - President Brooke Carillo - Chief Financial Officer Conference Call Participants Bose George - Keefe, Bruyette, & Woods, Inc. Bradley Capuzzi - Piper Sandler Eric Hagen - BTIG Steven Delaney - JMP Securities Douglas Harter - UBS Investment Bank Donald Fandetti - Wells Fargo Securities Richard Shane - JPMorgan Chase & Co Jason Weaver - Jones Trading Operator Good afternoon and welcome to The Redwood Trust Fourth Quarter 2024 Financial Results Conference Call. Today's conference is being recorded.
Positive
Zacks Investment Research
2 months ago
Redwood Trust (RWT) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Redwood Trust (RWT) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Negative
Zacks Investment Research
2 months ago
Redwood Trust (RWT) Q4 Earnings Lag Estimates
Redwood Trust (RWT) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.05 per share a year ago.
Neutral
Business Wire
2 months ago
Redwood Trust Reports Fourth Quarter 2024 Financial Results
MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE:RWT; "Redwood", the "Company"), a leader in expanding access to housing for homebuyers and renters, today reported its financial results for the quarter ended December 31, 2024. Key Q4 2024 Financial Results and Metrics GAAP book value per common share was $8.46 at December 31, 2024, relative to $8.74 per share at September 30, 2024 Economic return on book value of (1.1)% for the fourth quarter and 5.7% for the full year 2024(1) GA.
Positive
Zacks Investment Research
2 months ago
Curious about Redwood Trust (RWT) Q4 Performance? Explore Wall Street Estimates for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Redwood Trust (RWT), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
Neutral
Zacks Investment Research
2 months ago
Redwood Trust (RWT) Earnings Expected to Grow: Should You Buy?
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.
Positive
Seeking Alpha
2 months ago
RWTP: A 9.125% Senior Note IPO From Redwood Trust
Redwood Trust's new 9.125% Senior Notes due 2030 offer a high yield but come with significant risk due to the company's heavy leverage and large interest expenses. The notes are callable from 2027, with a current trading price of $24.70, yielding 9.88% to maturity and 10.38% to call. Redwood Trust operates in mortgage banking and investment, with a debt-heavy capital structure and no credit rating from major agencies.
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