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Redwood Trust, Inc.

RWT US

RWT USRedwood Trust, Inc.

United States Composite

6.34

USD

-0.02

(-0.31%)

-0.08EPS Dil.

-82.31P/E

833.62MMarket Cap

12.69%Div. Yield

Next Earnings

April 25

Ex-Dividend Date

March 20

Dividend Date

March 28

Held by Insiders

1.10%

Held by Institutions

77.84%

Short % of Float

3.35%

YTD Yield

0.70%

3Y Yield

-48.84%

5Y Yield

-65.25%

Capital Structure

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

ST Debt

1,204

1,112

1,351

LT Borrowings

9,985

10,348

11,617

LT Finance Leases

Preferred Equity and Hybrid Capital

Shares Outstanding

114

119

131

Market Capitalization

727

845

974

Working Capital

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

Total Current Assets

571

395

552

Cash, Cash Equivalents & STI

455

285

380

Accounts Receivable, Net

Inventories

- -

Total Current Liabilities

1,317

1,250

1,497

Payables & Accruals

113

138

146

ST Debt

1,204

1,112

1,351

Deferred Revenue

- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years

5 years

1 year

Sales/Revenue/Turnover

-123.95%

-242.99%

-688.00%

Net Income, GAAP

-63.06%

-122.20%

98.78%

Free Cash Flow

-303.49%

-438.79%

-1,350.36%

Total Cash Common Dividend

1.10%

1.41%

-22.32%

Total Equity

1.93%

2.04%

10.98%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

2021

156

141

136

520

2022

-76

-6

-16

-25

2023

147

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

2021

0.87

0.80

0.78

0.38

2.82

2022

0.26

-0.84

-0.43

-0.39

-1.39

2023

0.03

0.01

-0.28

0.16

-0.08

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

2021

0.17

0.19

0.22

0.24

0.81

2022

0.24

0.95

2023

0.24

0.18

0.19

0.80

Company Description

CEO: Mr. Christopher J. Abate CPA
Full Time Employees: 289
Sector: Real Estate
Industry: REIT - Mortgage
Address: One Belvedere Place Mill Valley CA United States 94941
IPO Date: Aug 4, 1995
Website: www.redwoodtrust.com
Business: 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. This segment also offers derivative financial instruments to manage risks associated with residential loans. The Residential Investor Mortgage Banking segment operates a platform that originates business purpose loans to investors in single-family and multifamily residential properties and bridge loans for subsequent securitization, sale, or transfer into its investment portfolio. The Investment Portfolio segment invests in securities retained from residential consumer and investor securitization activities, and business purpose lending bridge loans, as well as residential mortgage-backed securities issued by third parties, Freddie Mac K-Series multifamily loan securitizations and reperforming loan securitizations, servicer advance investments, home equity investments, and other housing-related investments. The company is elected to be taxed as a real estate investment trust (REIT) for federal income tax purposes. Redwood Trust, Inc. was incorporated in 1994 and is headquartered in Mill Valley, California.

Company News

Yahoo Finance
4 days ago
Redwood Trust First Quarter 2024 Earnings: Beats Expectations
Benzinga
5 days ago
Redwood Trust Reports Q1 Earnings: What Key Metrics Have to Say
benzinga
5 days ago
Redwood Trust Reports Q1 Earnings: What Key Metrics Have to Say
Yahoo Finance
5 days ago
Redwood Trust, Inc. (NYSE:RWT) Q1 2024 Earnings Call Transcript
Yahoo Finance
5 days ago
Q1 2024 Redwood Trust Inc Earnings Call
Yahoo Finance
5 days ago
Redwood Trust Inc (RWT) (Q1 2024) Earnings Call Transcript Highlights: Strong Performance and ...
GuruFocus.com
5 days ago
Redwood Trust Inc (RWT) (Q1 2024) Earnings Call Transcript Highlights: Strong Performance and Strategic Growth
GuruFocus.com
5 days ago
Q1 2024 Redwood Trust Inc Earnings Call Transcript
Yahoo
5 days ago
Redwood Trust (RWT) Reports Q1 Earnings: What Key Metrics Have to Say
Yahoo Finance
5 days ago
Redwood Trust (RWT) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks
5 days ago
Redwood Trust (RWT) Reports Q1 Earnings: What Key Metrics Have to Say
Yahoo
5 days ago
Redwood Trust Inc. Q1 2024 Earnings: Surpasses Analyst Expectations with Strong Financial ...
Yahoo Finance
5 days ago
Redwood Trust Inc. Q1 2024 Earnings: Surpasses Analyst Expectations with Strong Financial ...
GuruFocus.com
5 days ago
Redwood Trust Inc. Q1 2024 Earnings: Surpasses Analyst Expectations with Strong Financial Performance
Yahoo Finance
5 days ago
Redwood Trust Reports First Quarter 2024 Financial Results
Yahoo
5 days ago
Redwood Trust Reports First Quarter 2024 Financial Results
Yahoo
11 days ago
Analysts Estimate NexPoint (NREF) to Report a Decline in Earnings: What to Look Out for
Zacks
11 days ago
Analysts Estimate NexPoint (NREF) to Report a Decline in Earnings: What to Look Out for
Yahoo Finance
11 days ago
Analysts Estimate NexPoint (NREF) to Report a Decline in Earnings: What to Look Out for
Zacks
13 days ago
Redwood Trust (RWT) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Company Description

CEO: Mr. Christopher J. Abate CPA
Full Time Employees: 289
Sector: Real Estate
Industry: REIT - Mortgage
Address: One Belvedere Place Mill Valley CA United States 94941
IPO Date: Aug 4, 1995
Website: www.redwoodtrust.com
Business: 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. This segment also offers derivative financial instruments to manage risks associated with residential loans. The Residential Investor Mortgage Banking segment operates a platform that originates business purpose loans to investors in single-family and multifamily residential properties and bridge loans for subsequent securitization, sale, or transfer into its investment portfolio. The Investment Portfolio segment invests in securities retained from residential consumer and investor securitization activities, and business purpose lending bridge loans, as well as residential mortgage-backed securities issued by third parties, Freddie Mac K-Series multifamily loan securitizations and reperforming loan securitizations, servicer advance investments, home equity investments, and other housing-related investments. The company is elected to be taxed as a real estate investment trust (REIT) for federal income tax purposes. Redwood Trust, Inc. was incorporated in 1994 and is headquartered in Mill Valley, California.

Company News

Yahoo Finance
4 days ago
Redwood Trust First Quarter 2024 Earnings: Beats Expectations
Benzinga
5 days ago
Redwood Trust Reports Q1 Earnings: What Key Metrics Have to Say
benzinga
5 days ago
Redwood Trust Reports Q1 Earnings: What Key Metrics Have to Say
Yahoo Finance
5 days ago
Redwood Trust, Inc. (NYSE:RWT) Q1 2024 Earnings Call Transcript
Yahoo Finance
5 days ago
Q1 2024 Redwood Trust Inc Earnings Call
Yahoo Finance
5 days ago
Redwood Trust Inc (RWT) (Q1 2024) Earnings Call Transcript Highlights: Strong Performance and ...
GuruFocus.com
5 days ago
Redwood Trust Inc (RWT) (Q1 2024) Earnings Call Transcript Highlights: Strong Performance and Strategic Growth
GuruFocus.com
5 days ago
Q1 2024 Redwood Trust Inc Earnings Call Transcript
Yahoo
5 days ago
Redwood Trust (RWT) Reports Q1 Earnings: What Key Metrics Have to Say
Yahoo Finance
5 days ago
Redwood Trust (RWT) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks
5 days ago
Redwood Trust (RWT) Reports Q1 Earnings: What Key Metrics Have to Say
Yahoo
5 days ago
Redwood Trust Inc. Q1 2024 Earnings: Surpasses Analyst Expectations with Strong Financial ...
Yahoo Finance
5 days ago
Redwood Trust Inc. Q1 2024 Earnings: Surpasses Analyst Expectations with Strong Financial ...
GuruFocus.com
5 days ago
Redwood Trust Inc. Q1 2024 Earnings: Surpasses Analyst Expectations with Strong Financial Performance
Yahoo Finance
5 days ago
Redwood Trust Reports First Quarter 2024 Financial Results
Yahoo
5 days ago
Redwood Trust Reports First Quarter 2024 Financial Results
Yahoo
11 days ago
Analysts Estimate NexPoint (NREF) to Report a Decline in Earnings: What to Look Out for
Zacks
11 days ago
Analysts Estimate NexPoint (NREF) to Report a Decline in Earnings: What to Look Out for
Yahoo Finance
11 days ago
Analysts Estimate NexPoint (NREF) to Report a Decline in Earnings: What to Look Out for
Zacks
13 days ago
Redwood Trust (RWT) Expected to Beat Earnings Estimates: Can the Stock Move Higher?