Redwood Trust, Inc.

RWT

US7580754023

Specialized REITs

Market Closed - Nyse Other stock markets 16:00:02 2024-05-31 EDT			5-day change	1st Jan Change
6.34 ^USD	+1.60%		+0.96%	-14.44%

04-30	Transcript : Redwood Trust, Inc., Q1 2024 Earnings Call, Apr 30, 2024
04-30	Earnings Flash (RWT) REDWOOD TRUST Posts Q1 Non-GAAP EPS $0.08, vs. Street Est of $0.09	MT

Redwood Trust, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2022

February 09, 2023 at 04:15 pm

Redwood Trust, Inc. reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported net loss was USD 44 million compared to net income of USD 44 million a year ago. Basic loss per share from continuing operations was USD 0.4 compared to basic earnings per share from continuing operations of USD 0.37 a year ago.

Diluted loss per share from continuing operations was USD 0.4 compared to diluted earnings per share from continuing operations of USD 0.34 a year ago.

Latest news about Redwood Trust, Inc.

Transcript : Redwood Trust, Inc., Q1 2024 Earnings Call, Apr 30, 2024	04-30
Earnings Flash (RWT) REDWOOD TRUST Posts Q1 Non-GAAP EPS $0.08, vs. Street Est of $0.09	04-30	MT
Redwood Trust, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	04-30	CI
North American Morning Briefing : Big Banks Kick -2-	04-12	DJ
Wedbush Downgrades Redwood Trust to Neutral From Outperform, Cuts Price Target to $6.50 From $8, Cites 'Higher for Longer' Rates	04-11	MT
Transcript : Redwood Trust, Inc. - Analyst/Investor Day	03-19
Redwood Trust, Inc. and Canada Pension Plan Investment Board Announce $750 Million Strategic Capital Partnership	03-19	CI
Redwood Trust Keeps Quarterly Dividend at $0.16 a Share, Payable March 28 to Shareholders of Record March 21	03-07	MT
Redwood Trust, Inc. Declares First Quarter 2024 Common Dividend, Payable on March 28, 2024	03-07	CI
UBS Adjusts Redwood Trust Price Target to $8.50 From $9, Maintains Buy Rating	03-05	MT
Keefe, Bruyette & Woods Adjusts Price Target on Redwood Trust to $7.75 From $8.50, Maintains Outperform Rating	02-26	MT
JMP Securities Adjusts Redwood Trust Price Target to $8 From $9, Maintains Market Outperform Rating	02-21	MT
Piper Sandler Adjusts Price Target on Redwood Trust to $7 From $7.50, Maintains Neutral Rating	02-21	MT
Transcript : Redwood Trust, Inc., Q4 2023 Earnings Call, Feb 20, 2024	02-20
Earnings Flash (RWT) REDWOOD TRUST Reports Q4 EPS $0.15, vs. Street Est of $0.15	02-20	MT
Redwood Trust, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	02-20	CI
Redwood Trust Prices $60 Million Notes Offering	01-18	MT
Redwood Trust, Inc. Declares a Fourth Quarter 2023 Regular Common Stock Dividend, Payable on December 28, 2023	12-07	CI
UBS Initiates Coverage on Redwood Trust With Buy Rating, $9 Price Target	12-06	MT
North American Morning Briefing : Stock Futures -2-	12-06	DJ
BTIG Upgrades Redwood Trust to Buy From Neutral, Price Target is $8.50	12-05	MT
Raymond James Adjusts Redwood Trust's Price Target to $9 From $10, Maintains Strong Buy Rating	11-28	MT
Tranche Update on Redwood Trust, Inc.'s Equity Buyback Plan announced on July 28, 2022.	11-07	CI
Redwood Trust Announces the Appointment of Doneene Damon to its Board of Directors, Effective November 2, 2023	11-02	CI
Transcript : Redwood Trust, Inc., Q3 2023 Earnings Call, Oct 30, 2023	23-10-30

Chart Redwood Trust, Inc.

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Company Profile

Redwood Trust, Inc. is a specialty finance company focused on several distinct areas of housing credit. The Company's segments include Residential Consumer Mortgage Banking, Residential Investor Mortgage Banking, and Investment Portfolio. The Residential Consumer Mortgage Banking segment consists of a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale to whole loan buyers, securitization through its SEMT (Sequoia) private-label securitization program, or transfer into its investment portfolio. The Residential Investor Mortgage Banking segment consists of a platform that originates business purpose lending loans for subsequent securitization, sale, or transfer into its investment portfolio. The Investment Portfolio segment consists of organic investments sourced through the Company's mortgage banking operations. Additionally, through RWT Horizons, its venture investing initiative, the Company invests in early-stage companies.

Sector

Specialized REITs

Calendar

2024-07-24 - Q2 2024 Earnings Release (Projected)

Related indices

Russell 2000

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Ratings for Redwood Trust, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

6.34 USD

Average target price

7.575 USD

Spread / Average Target

+19.48%

Consensus

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