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RWT

RWT - Redwood Trust Inc Stock Price, Fair Value and News

6.52USD+0.04 (+0.62%)Market Closed

Market Summary

RWT
USD6.52+0.04
Market Closed
0.62%

RWT Alerts

  • 1 major insider buys recently.
  • Big jump in Earnings (Y/Y)

RWT Stock Price

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RWT RSI Chart

RWT Valuation

Market Cap

861.6M

Price/Earnings (Trailing)

36.87

Price/Sales (Trailing)

1.15

EV/EBITDA

17.37

Price/Free Cashflow

-0.28

RWT Price/Sales (Trailing)

RWT Profitability

EBT Margin

3.55%

Return on Equity

1.91%

Return on Assets

0.16%

Free Cashflow Yield

-356.53%

RWT Fundamentals

RWT Revenue

Revenue (TTM)

750.7M

Rev. Growth (Yr)

14.69%

Rev. Growth (Qtr)

7.82%

RWT Earnings

Earnings (TTM)

23.4M

Earnings Growth (Yr)

555.02%

Earnings Growth (Qtr)

43.81%

Breaking Down RWT Revenue

Last 7 days

-0.1%

Last 30 days

1.1%

Last 90 days

7.1%

Trailing 12 Months

-0.9%

How does RWT drawdown profile look like?

RWT Financial Health

Debt/Equity

1.39

Debt/Cashflow

-1.8

RWT Investor Care

Dividend Yield

9.82%

Dividend/Share (TTM)

0.64

Shares Dilution (1Y)

15.89%

Diluted EPS (TTM)

0.08

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024750.7M000
2023697.0M708.5M707.9M724.5M
2022636.0M664.8M696.7M707.9M
2021502.1M510.9M534.6M574.9M
2020689.3M670.7M642.6M571.9M
2019433.1M498.7M549.4M622.3M
2018270.0M293.8M330.5M378.7M
2017238.7M231.1M232.9M248.1M
2016258.0M261.4M258.9M246.4M
2015250.3M255.7M255.9M259.4M
2014228.1M228.4M234.3M242.1M
2013226.2M224.4M222.1M226.2M
2012221.6M228.2M234.5M231.4M
2011225.7M222.1M216.4M217.2M
2010265.2M247.5M236.1M230.1M
20090474.3M381.1M287.9M
2008000567.5M

Tracking the Latest Insider Buys and Sells of Redwood Trust Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 05, 2024
falcon armando
acquired
63,742
6.34
10,054
-
Jun 05, 2024
schwartz faith a
acquired
63,742
6.34
10,054
-
Jun 05, 2024
debora horvath d
acquired
63,742
6.34
10,054
-
Jun 05, 2024
hansen douglas b
acquired
63,742
6.34
10,054
-
May 30, 2024
carillo brooke
bought
93,720
6.248
15,000
chief financial officer
May 01, 2024
debora horvath d
acquired
96,631
5.53
17,474
-
Apr 16, 2024
macomber sasha g.
acquired
118,329
5.59
21,168
chief human resource officer
Apr 16, 2024
robinson dashiell i
acquired
369,795
5.59
66,153
president
Apr 16, 2024
stone andrew p
acquired
155,313
5.59
27,784
chief legal officer
Apr 16, 2024
abate christopher j
acquired
554,690
5.59
99,229
chief executive officer

1–10 of 50

Which funds bought or sold RWT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
unchanged
-
-275
807
-%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
-37,000
227,000
-%
May 28, 2024
Boston Partners
reduced
-0.71
-1,900,820
10,370,200
0.01%
May 20, 2024
EMC Capital Management
added
11.33
-9,000
187,000
0.11%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-0.46
-128,816
763,667
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-6.03
-85,876
360,925
-%
May 16, 2024
B. Riley Wealth Advisors, Inc.
added
0.51
-2,717
79,945
-%
May 15, 2024
Royal Bank of Canada
reduced
-47.59
-711,000
585,000
-%
May 15, 2024
Cubist Systematic Strategies, LLC
sold off
-100
-249,370
-
-%
May 15, 2024
Squarepoint Ops LLC
reduced
-44.65
-374,414
339,814
-%

1–10 of 35

Are Funds Buying or Selling RWT?

Are funds buying RWT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own RWT
No. of Funds

Unveiling Redwood Trust Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 15, 2024
bay pond partners, l.p.
5.01%
6,597,673
SC 13G
Feb 13, 2024
vanguard group inc
10.94%
12,973,503
SC 13G/A
Feb 08, 2024
wellington management group llp
9.54%
11,314,715
SC 13G
Jan 22, 2024
blackrock inc.
16.8%
19,932,048
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
11.21%
12,701,741
SC 13G/A
Jan 23, 2023
blackrock inc.
17.9%
20,266,566
SC 13G/A
Feb 10, 2022
vanguard group inc
10.55%
12,095,033
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Feb 07, 2022
blackrock inc.
17.8%
20,373,065
SC 13G/A

Recent SEC filings of Redwood Trust Inc

View All Filings
Date Filed Form Type Document
Jun 11, 2024
8-K
Current Report
Jun 07, 2024
4
Insider Trading
Jun 07, 2024
4
Insider Trading
Jun 07, 2024
4
Insider Trading
Jun 07, 2024
4
Insider Trading
Jun 03, 2024
4
Insider Trading
May 24, 2024
8-K
Current Report
May 23, 2024
4
Insider Trading
May 23, 2024
4
Insider Trading
May 23, 2024
4
Insider Trading

Peers (Alternatives to Redwood Trust Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
91.9B
11.2B
4.77% 2.30%
46.55
8.2
3.63% 50.79%
43.4B
6.8B
-0.37% -12.60%
31.11
6.33
-2.39% -16.60%
28.4B
2.8B
0.90% 5.12%
29.76
10.13
5.72% -6.46%
20.5B
3.0B
-4.13% -5.19%
104.32
6.93
10.44% -73.79%
13.0B
-
-1.81% 1.94%
30.71
7.99
8.93% 11.87%
11.4B
1.4B
1.35% 0.33%
30.21
8.32
10.48% -2.04%
MID-CAP
9.6B
3.3B
-4.45% 9.16%
50.09
2.91
4.82% -75.15%
8.4B
1.2B
-1.57% 6.43%
35.42
7.34
5.48% -38.69%
3.7B
913.7M
4.85% 112.77%
-7.19
4.03
1.13% -307.54%
3.2B
878.0M
-4.51% 31.88%
-9.36
3.65
2.35% -290.39%
SMALL-CAP
1.3B
444.1M
-4.58% 8.04%
19.4
3
3.54% 8.91%
1.2B
198.2M
-0.74% -4.62%
-7.32
6.02
-43.33% -308.08%
1.1B
650.2M
-0.65% -6.88%
36.04
1.7
27.93% 140.31%
551.0M
285.4M
-2.93% -40.99%
-4.32
1.93
11.05% 83.70%
445.3M
277.2M
-1.95% -19.02%
-54.3
1.61
25.89% 94.64%

Redwood Trust Inc News

Latest updates
MarketBeat11 Jun 202409:53 pm
Yahoo News Australia11 Jun 202403:59 pm
Yahoo Finance01 May 202407:00 am

Redwood Trust Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue7.8%205190177179179173178167189162146139128122122130198193150149131
Operating Expenses-44.00---44.00-------------27.0026.0023.00
  S&GA Expenses7.2%35.0032.0030.0031.0036.0039.0038.0030.0033.0033.0048.0041.0044.0029.0028.0029.0029.0036.0025.0026.0023.00
EBITDA Margin18.9%0.18*0.15*0.05*0.05*-0.09*-0.02*0.16*0.38*0.71*0.87*0.92*1.05*---------
Interest Expenses20.7%24.0020.0020.0026.0026.0027.0035.0040.0053.0050.0042.0031.0026.0024.0022.0027.0051.0045.0034.0032.0032.00
Income Taxes-47.3%1.001.002.000.00-1.12-9.441.00-9.44-2.465.00-4.327.0012.008.009.000.00-22.234.00-0.112.001.00
Earnings Before Taxes39.7%31.0022.00-29.113.003.00-53.49-48.99-10928.0049.0084.0097.0010963.00151165-96553.0034.0034.0055.00
EBT Margin4124.9%0.04*0.00*-0.11*-0.14*-0.30*-0.26*-0.12*0.08*0.41*0.59*0.66*0.82*---------
Net Income43.8%30.0021.00-30.813.005.00-44.06-50.41-99.9731.0044.0088.0090.0097.0054.00142165-94349.0034.0031.0054.00
Net Income Margin1091.7%0.03*0.00*-0.10*-0.12*-0.27*-0.23*-0.11*0.10*0.40*0.56*0.62*0.75*---------
Free Cashflow16.9%-954-1,148-891-78.44102-9.71361-199-291-1,914-1,128-1,685---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets3.8%15,05814,50413,02112,79713,12113,03113,14613,87614,25314,70713,07311,99610,89710,35510,40210,36212,30117,99515,47613,85212,193
    Cash Equivalents-6.2%275293204357404329297371483450646476522544524573404291506252215
  Goodwill0%23.0023.0023.0023.0023.0023.0023.0023.00---------89.0060.00--
Liabilities4.0%13,83413,30211,91511,67311,98411,94711,99212,61712,80813,32111,69710,7019,6819,2449,3499,42511,57616,16813,69112,28810,643
  Short Term Borrowings-19.7%1,2511,5581,4771,4571,6162,0302,1101,8701,6472,1771,7511,4851,2545234836632,3422,3291,9812,4632,163
  Long Term Debt1.6%1,7071,681----------------2,9542,5732,573
Shareholder's Equity1.8%1,2241,2031,1061,1241,1381,0841,1541,2581,4451,3861,3761,2951,2161,1111,0539377251,8271,7851,5641,550
  Retained Earnings2.5%1,1731,1441,1251,1581,1571,1531,1971,2481,3481,3171,2731,1851,0959979438016361,5791,5301,4961,464
  Additional Paid-In Capital0.2%2,4942,4882,3952,3592,3552,3502,3452,3642,3912,3172,3122,2872,2822,2652,2622,2802,2762,2702,2452,0131,996
Shares Outstanding0.3%132131119114114113116120120113113113---------
Float----720---836---1,353---798---1,601-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations16.9%-954-1,148-891-78.44102-9.71361-199-291-1,914-1,128-1,685-966-329-231297-24136.00-642-351-206
  Share Based Compensation-100.0%-4.003.005.006.005.005.005.008.004.005.006.004.004.004.004.003.004.003.004.003.00
Cashflow From Investing30.0%35026925327611145.00-34.88-66.6627041.002934875835564542,150911110418357141
Cashflow From Financing-41.7%575988451-240-51.62-74.94-401227-27.481,7591,0041,153361-206-271-2,277-556-36147932.0076.00
  Dividend Payments0.8%22.0022.0020.0019.0028.0027.0028.0028.0029.0027.0025.0021.0019.0016.0016.0052.00-35.0034.0030.0030.00
  Buy Backs-------24.0033.00------22.00------
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RWT Income Statement

2024-03-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest Income  
Residential consumer loans$ 86,935$ 57,874
Residential investor loans95,03597,296
Consolidated Agency multifamily loans4,5814,618
Real estate securities6,2806,428
Other interest income11,90912,300
Total interest income204,740178,516
Interest Expense  
Short-term debt(24,005)(31,828)
Asset-backed securities issued(120,259)(87,465)
Long-term debt(36,266)(32,786)
Total interest expense(180,530)(152,079)
Net Interest Income24,21026,437
Non-Interest Income  
Mortgage banking activities, net14,55616,671
Investment fair value changes, net21,837(4,392)
HEI income, net9,0314,265
Other income, net4,5064,556
Realized gains, net409(2)
Total non-interest income, net50,33921,098
General and administrative expenses(34,569)(35,555)
Portfolio management costs(3,597)(3,510)
Loan acquisition costs(2,237)(1,289)
Other expenses(3,361)(3,684)
Net Income before (Provision for) Benefit from Income Taxes30,7853,497
(Provision for) benefit from income taxes(523)1,123
Net Income30,2624,620
Dividends on preferred stock(1,750)(1,419)
Net income available to common stockholders$ 28,512$ 3,201
Basic earnings per common share (in dollars per share)$ 0.21$ 0.02
Diluted earnings per common share (in dollars per share)$ 0.21$ 0.02
Basic weighted average common shares outstanding (in shares)131,570,347113,678,911
Diluted weighted average common shares outstanding (in shares)131,570,347114,134,556

RWT Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS  
Real estate securities, at fair value[1]$ 212,307$ 127,797
Home equity investments, at fair value[1]560,745550,436
Other investments[1]337,345343,930
Cash and cash equivalents[1]275,394293,104
Restricted cash[1]64,99375,684
Goodwill[1]23,37323,373
Intangible assets[1]25,65728,462
Derivative assets[1]3,15514,212
Other assets[1]333,631351,109
Total Assets[1]15,057,97414,504,327
Liabilities  
Short-term debt, net[1]1,251,4441,558,222
Derivative liabilities[1]5,84933,828
Accrued expenses and other liabilities[1]241,191216,803
Asset-backed securities issued (includes $9,979,891 and $9,151,263 at fair value), net[1]10,628,1899,811,880
Long-term debt, net[1]1,707,1381,680,901
Total liabilities[1]13,833,81113,301,634
Commitments and Contingencies[1]
Equity  
Preferred stock, par value $0.01 per share, 2,990,000 shares authorized; 2,800,000 issued and outstanding[1]66,94866,948
Common stock, par value $0.01 per share, 392,010,000 shares authorized; 131,870,835 and 131,485,661 issued and outstanding[1]1,3191,315
Additional paid-in capital[1]2,493,8562,487,848
Accumulated other comprehensive loss[1](48,901)(57,957)
Cumulative earnings[1]1,172,9241,144,412
Cumulative distributions to stockholders[1](2,461,983)(2,439,873)
Total equity[1]1,224,1631,202,693
Total Liabilities and Equity[1]15,057,97414,504,327
Residential consumer loans, held-for-sale, at fair value  
ASSETS  
Fair value of loans[1]511,706911,192
Residential consumer loans, held-for-investment, at fair value  
ASSETS  
Fair value of loans[1]7,104,8866,139,445
Residential investor loans, held-for-sale, at fair value  
ASSETS  
Fair value of loans[1]280,551180,250
Residential investor loans, held-for-investment, at fair value  
ASSETS  
Fair value of loans[1]4,901,4435,040,048
Consolidated Agency multifamily loans, at fair value  
ASSETS  
Fair value of loans[1]$ 422,788$ 425,285
[1]Our consolidated balance sheets include assets of consolidated variable interest entities (“VIEs”) that can only be used to settle obligations of these VIEs and liabilities of consolidated VIEs for which creditors do not have recourse to Redwood Trust, Inc. or its affiliates. At March 31, 2024 and December 31, 2023, assets of consolidated VIEs totaled $11,850,461 and $10,988,885, respectively. At March 31, 2024 and December 31, 2023, liabilities of consolidated VIEs totaled $10,921,862 and $10,096,308, respectively. See Note 4 for further discussion.
RWT
Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. The Residential 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 Business Purpose Mortgage Banking segment operates a platform that originates and acquires business purpose loans, such as single-family rental and bridge loans for subsequent securitization, sale, or transfer into its investment portfolio. The Investment Portfolio segment invests in securities retained from residential and business purpose securitization activities, and residential and small-balance multifamily 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 qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Redwood Trust, Inc. was incorporated in 1994 and is headquartered in Mill Valley, California.
 CEO
 WEBSITEredwoodtrust.com
 INDUSTRYREIT Mortgage
 EMPLOYEES347

Redwood Trust Inc Frequently Asked Questions


What is the ticker symbol for Redwood Trust Inc? What does RWT stand for in stocks?

RWT is the stock ticker symbol of Redwood Trust Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Redwood Trust Inc (RWT)?

As of Wed Jun 12 2024, market cap of Redwood Trust Inc is 856.35 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RWT stock?

You can check RWT's fair value in chart for subscribers.

What is the fair value of RWT stock?

You can check RWT's fair value in chart for subscribers. The fair value of Redwood Trust Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Redwood Trust Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RWT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Redwood Trust Inc a good stock to buy?

The fair value guage provides a quick view whether RWT is over valued or under valued. Whether Redwood Trust Inc is cheap or expensive depends on the assumptions which impact Redwood Trust Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RWT.

What is Redwood Trust Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Jun 12 2024, RWT's PE ratio (Price to Earnings) is 36.65 and Price to Sales (PS) ratio is 1.14. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RWT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Redwood Trust Inc's stock?

In the past 10 years, Redwood Trust Inc has provided -0.05 (multiply by 100 for percentage) rate of return.