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Redwood Trust, Inc. Common Stock (RWT)

6.5250
+0.0150 (0.23%)

Redwood Trust is a publicly traded real estate investment trust (REIT) that focuses on the acquisition, investment, and management of mortgage-related assets

The company primarily engages in the securitization of residential mortgages and invests in mortgage-backed securities. By providing liquidity and stability in the housing finance market, Redwood Trust aims to offer investors opportunities for income and capital appreciation through its diversified portfolio. The firm also seeks to promote sustainable homeownership and drive innovation in the mortgage industry through its mortgage financing solutions.

SummaryNewsPress ReleasesChartHistoricalFAQ
Previous Close6.510
Open6.520
Bid6.520
Ask6.530
Day's Range6.490 - 6.550
52 Week Range5.455 - 8.150
Volume89,445
Market Cap737.69M
PE Ratio (TTM)11.65
EPS (TTM)0.6
Dividend & Yield0.6800 (10.42%)
1 Month Average Volume851,011

News & Press Releases

Redwood Trust Announces Date of Fourth Quarter 2024 Financial Results Webcast and Conference Call
Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, is scheduled to release its fourth quarter 2024 results on Thursday, February 13, 2025 after the close of the New York Stock Exchange. In addition, Redwood's senior management team plans to hold a conference call to discuss its fourth quarter 2024 financial results later that same day at 5:00 p.m. Eastern Time / 2:00 p.m. Pacific Time.
By Redwood Trust, Inc. · Via Business Wire · January 30, 2025
Redwood Trust Announces Dividend Distribution Tax Information for 2024
Redwood Trust, Inc. (NYSE: RWT, “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced tax information regarding its dividend distributions for 2024.
By Redwood Trust, Inc. · Via Business Wire · January 29, 2025
Assessing Redwood Trust: Insights From 4 Financial Analystsbenzinga.com
Via Benzinga · January 23, 2025
Redwood Trust Prices $90.0 Million Senior Notes Offering
Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”) today announced the pricing of an underwritten public offering of $90,000,000 aggregate principal amount of its 9.125% senior notes due 2030 (the “Notes”). In connection with the offering, Redwood granted the underwriters a 30-day option to purchase up to an additional $13,500,000 aggregate principal amount of Notes, to cover over-allotments. The offering is expected to close on January 17, 2025, subject to the satisfaction of certain closing conditions.
By Redwood Trust, Inc. · Via Business Wire · January 15, 2025
In-Depth Examination Of 6 Analyst Recommendations For Redwood Trustbenzinga.com
Via Benzinga · December 9, 2024
In-Depth Examination Of 7 Analyst Recommendations For Redwood Trustbenzinga.com
Via Benzinga · October 17, 2024
Redwood Trust Announces Key Updates to Residential Consumer Operating Platforms
Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, is pleased to announce updates to its residential consumer operating platforms that reflect the Company’s continued commitment to innovation and growth in housing finance.
By Redwood Trust, Inc. · Via Business Wire · January 7, 2025
Redwood Trust Announces Common Dividend Increase of 5.9% to $0.18 Per Share for the Fourth Quarter 2024
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 fourth quarter 2024 common and preferred stock dividends.
By Redwood Trust, Inc. · Via Business Wire · December 12, 2024
Fred Matera Promoted to Chief Executive Officer of CoreVest
CoreVest American Finance Lender, LLC (“CoreVest”), a leading lender to residential real estate investors nationwide and a division of Redwood Trust, Inc. (“Redwood”), is pleased to announce the promotion of Fred Matera to Chief Executive Officer. A tenured leader at Redwood, Fred has served as CoreVest’s Co-Head for the last year and has been an integral part of Redwood’s leadership team since 2019. In his new role, Fred will continue to report to Dash Robinson, Redwood’s President.
Cracking The Code: Understanding Analyst Reviews For Redwood Trustbenzinga.com
Via Benzinga · September 19, 2024
Critical Insights From Redwood Trust Analyst Ratings: What You Need To Knowbenzinga.com
Via Benzinga · August 5, 2024
Critical Insights From Redwood Trust Analyst Ratings: What You Need To Knowbenzinga.com
Via Benzinga · July 16, 2024
Redwood Trust Announces New Hires to Drive Advancements in Technology and Growing Non-Agency Opportunities
Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, is excited to announce the hiring of two key leaders to strengthen its commitment to innovation in technology and product development, strategic initiatives that are central to Redwood’s mission of making quality housing – whether rented or owned – accessible to all American households.
By Redwood Trust, Inc. · Via Business Wire · October 30, 2024
Redwood Trust Reports Third Quarter 2024 Financial Results
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 September 30, 2024.
By Redwood Trust, Inc. · Via Business Wire · October 30, 2024
Redwood Trust Announces Date of Third Quarter 2024 Financial Results Webcast and Conference Call
Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, is scheduled to release its third quarter 2024 results on Wednesday, October 30, 2024 after the close of the New York Stock Exchange. In addition, Redwood's senior management team plans to hold a conference call to discuss its third quarter 2024 financial results later that same day at 5:00 p.m. Eastern Time / 2:00 p.m. Pacific Time.
By Redwood Trust, Inc. · Via Business Wire · October 16, 2024
Critical Insights From Redwood Trust Analyst Ratings: What You Need To Knowbenzinga.com
Via Benzinga · June 11, 2024
Peeling Back The Layers: Exploring Redwood Trust Through Analyst Insightsbenzinga.com
Via Benzinga · May 3, 2024
Redwood Trust Prices Reopening of $40 Million of 7.75% Convertible Senior Notes Due 2027
Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”) today announced that it priced approximately $40 million aggregate principal amount of its 7.75% convertible senior notes due 2027 (the “Notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be issued as a reopening of, and will be part of the same series as, the 7.75% convertible senior notes due 2027 that the Company originally issued in June 2022 (the “Initial Notes”), of which $207,410,000 aggregate principal amount is currently outstanding. While the Notes will initially trade under a Rule 144A CUSIP number, the Company expects that once de-legended, the Notes will trade with the same CUSIP number as the Initial Notes. The offering is expected to close on October 11, 2024, subject to the satisfaction of certain closing conditions.
By Redwood Trust, Inc. · Via Business Wire · October 9, 2024
Redwood Trust Announces Common Dividend Increase of 6.25% to $0.17 Per Share for the Third Quarter 2024
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 third quarter 2024 common and preferred stock dividends.
By Redwood Trust, Inc. · Via Business Wire · September 11, 2024
Redwood Trust Reports Second Quarter 2024 Financial Results
Redwood Trust, Inc. (NYSE:RWT; "Redwood", the "Company", "we" or "our"), a leader in expanding access to housing for homebuyers and renters, today reported its financial results for the quarter ended June 30, 2024.
By Redwood Trust, Inc. · Via Business Wire · August 1, 2024
Redwood Trust Announces Date of Second Quarter 2024 Financial Results Webcast and Conference Call
Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, is scheduled to release its second quarter 2024 results on August 1, 2024 prior to the opening of the New York Stock Exchange. In addition, Redwood's senior management team plans to hold a conference call to discuss its second quarter 2024 financial results on August 1, 2024 at 5:00 a.m. Pacific Time / 8:00 a.m. Eastern Time.
By Redwood Trust, Inc. · Via Business Wire · July 11, 2024
Redwood Trust Prices $85.0 Million Senior Notes Offering
Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”) today announced the pricing of an underwritten public offering of $85,000,000 aggregate principal amount of its 9.00% senior notes due 2029 (the “Notes”). In connection with the offering, Redwood granted the underwriters a 30-day option to purchase up to an additional $12,750,000 aggregate principal amount of Notes, to cover over-allotments. The offering is expected to close on June 18, 2024, subject to the satisfaction of certain closing conditions.
By Redwood Trust, Inc. · Via Business Wire · June 13, 2024
Redwood Trust Declares Second Quarter 2024 Common and Preferred Dividends
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 second quarter 2024 common and preferred stock dividends.
By Redwood Trust, Inc. · Via Business Wire · June 11, 2024
Mortgage Applications Climb For Third Week As 30-Year Interest Rates Dropbenzinga.com
Mortgage applications in the US saw a 1.9% increase for the week ending May 17, continuing an upward trend. Refinancing applications surged by 7% and stocks of mortgage-sensitive firms are on the rise.
Via Benzinga · May 22, 2024
RWT Stock Earnings: Redwood Trust Misses EPS, Beats Revenue for Q1 2024investorplace.com
RWT stock results show that Redwood Trust missed analyst estimates for earnings per share but beat on revenue for the first quarter of 2024.
Via InvestorPlace · April 30, 2024