5.67

1.56% -0.09

Pre-market: 5.67

Redwood Trust Inc. (RWT)

Overview News Price History Option Chain Discussions Forecast Dividend History

Redwood Trust Inc. stock is currently priced at $5.67, with a 24-hour trading volume of 998.72K. It has seen a -1.56% decreased in the last 24 hours and a -10.43% declined in the past month. The chart indicates a potential bearish trend, as the stock is below the $5.78 pivot point. If it approaches the $5.62 support level, significant changes may occur.

Previous Close:

$5.76

Open:

$5.66

24h Volume:

998.72K

Market Cap:

$746.51M

Revenue:

$147.12M

Net Income/Loss:

$-2.27M

P/E Ratio:

-8.4893

EPS:

-0.6679

Net Cash Flow:

$-2.02B

1W Performance:

+0.71%

1M Performance:

-10.43%

6M Performance:

-13.96%

1Y Performance:

-12.90%

1D Range:

$5.64

$5.72

52W Range:

$5.455

$8.30

Redwood Trust Inc. Stock (RWT) Company Profile

Name

Redwood Trust Inc.

Sector

Real Estate (264)

Industry

REIT - Mortgage (27)

Phone

415-389-7373

Address

One Belvedere Place, Suite 300, Mill Valley, CA

Employee

120

Twitter

@redwoodtrustinc

Next Earnings Date

2024-05-21

Latest SEC Filings

RWT's Discussions on Twitter

Redwood Trust Inc. Stock (RWT) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Dec-06-23	Initiated	UBS	Buy
Dec-05-23	Upgrade	BTIG Research	Neutral → Buy
Jun-15-23	Downgrade	Piper Sandler	Overweight → Neutral
Oct-05-22	Initiated	Wedbush	Outperform
Aug-31-22	Downgrade	BTIG Research	Buy → Neutral
May-13-22	Initiated	JP Morgan	Overweight
Nov-01-21	Initiated	Wells Fargo	Equal Weight
Jul-19-21	Upgrade	Piper Sandler	Neutral → Overweight
Dec-18-20	Upgrade	Keefe Bruyette	Mkt Perform → Outperform
Dec-14-20	Resumed	Jefferies	Buy
Nov-24-20	Initiated	BTIG Research	Buy
Aug-11-20	Upgrade	Raymond James	Outperform → Strong Buy
Mar-23-20	Upgrade	JMP Securities	Mkt Perform → Mkt Outperform
Feb-20-20	Downgrade	JMP Securities	Mkt Outperform → Mkt Perform
Jan-31-20	Initiated	Piper Sandler	Neutral
Mar-27-19	Initiated	Nomura	Buy
Mar-04-19	Upgrade	JMP Securities	Mkt Perform → Mkt Outperform
Feb-05-19	Initiated	Credit Suisse	Outperform
Jul-24-18	Initiated	Compass Point	Neutral
Aug-10-16	Downgrade	Maxim Group	Buy → Hold
Jul-19-16	Downgrade	Keefe Bruyette	Outperform → Mkt Perform
May-18-16	Upgrade	Nomura	Neutral → Buy
Mar-14-16	Reiterated	Deutsche Bank	Buy
Feb-29-16	Reiterated	Maxim Group	Buy
Nov-24-15	Downgrade	Nomura	Buy → Neutral
Nov-16-15	Reiterated	Maxim Group	Buy
May-06-15	Reiterated	Maxim Group	Buy
May-05-15	Reiterated	Wunderlich	Hold

View All

Redwood Trust Inc. Stock (RWT) Latest News

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Redwood Trust (RWT) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

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Redwood Trust Inc. Stock (RWT) Financials Data

Redwood Trust Inc. (RWT) Revenue 2024

RWT reported a revenue (TTM) of $147.12 million for the quarter ending December 31, 2023, a +685.58% rise year-over-year.

Redwood Trust Inc. (RWT) Net Income 2024

RWT net income (TTM) was -$2.27 million for the quarter ending December 31, 2023, a +98.61% increase year-over-year.

Redwood Trust Inc. (RWT) Cash Flow 2024

RWT recorded a free cash flow (TTM) of -$2.02 billion for the quarter ending December 31, 2023, a -1,349% decrease year-over-year.

Redwood Trust Inc. (RWT) Earnings per Share 2024

RWT earnings per share (TTM) was -$0.1179 for the quarter ending December 31, 2023, a +91.87% growth year-over-year.

Redwood Trust, Inc., together with its subsidiaries, engages in mortgage banking activities in the United States. The company operates through two segments, Investment Portfolio and Residential Mortgage Banking. The Investment Portfolio segment offers a portfolio of investments in residential mortgage-backed securities retained from Sequoia securitizations, and issued by third parties and other credit risk-related investments; and invests in residential loans held for investment and mortgage servicing rights associated with residential loans. The Residential Mortgage Banking segment operates a mortgage loan conduit, which acquires residential loans from third-party originators for sale, securitization, or transfer to investment portfolio. This segment also includes derivative financial instruments to manage risks associated with residential loans. It qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, the company intends to distribute at least 90% of its taxable income as dividends to shareholders. Redwood Trust, Inc. was founded in 1994 and is headquartered in Mill Valley, California.