RWT Stock Recent News

Redwood is a mortgage REIT that largely originates loans for professional real estate investors. Rising interest rates have slowed activity in the real estate sector.

Redwood Trust Inc. (NYSE:RWT ) Q4 2022 Results Conference Call February 9, 2023 5:00 PM ET Company Participants Kaitlyn Mauritz - Investor Relations Christopher Abate - Chief Executive Officer and Director Dash Robinson - President Brooke Carillo - Chief Financial Officer Conference Call Participants Stephen Laws - Raymond James Rick Shane - JPMorgan Eric Hagen - BTIG Derek Sommers - Jefferies Doug Harter - Credit Suisse Don Fandetti - Wells Fargo Bose George - KBW Steve DeLaney - JMP Securities Operator Good afternoon, and welcome to the Redwood Trust Incorporated Fourth Quarter 2022 Financial Results Conference Call. Today's conference is being recorded.

Redwood Trust (RWT) delivered earnings and revenue surprises of -164.71% and 29.15%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

We observe just one new preferred stock offering during the month, which ranked 10 out of 10 for its CDx3 Compliance Score and offered an initial 10% yield. Here is a comparison against the highest quality preferred stocks in our coverage universe, as ranked by our internal “CDx3 Compliance Score” metric.

Redwood Trust recently issued a 10% yielding preferred share. The company specializes in originating and holding residential and business loans.

A housing recession could mean problems for this mortgage real estate investment trust.

Redwood is a REIT that specializes in managing residential mortgage credit risk. The current stock price implies that Redwood will lose $750 million on its current $11 billion invested loans. That seems highly improbable for two reasons.

Redwood Trust, Inc (NYSE:RWT ) Q3 2022 Earnings Conference Call October 27, 2022 5:00 PM ET Company Participants Kaitlyn Mauritz - Senior Vice President of Investor Relations Chris Abate - Chief Executive Officer and Director Dash Robinson - President Brooke Carillo - Chief Financial Officer Conference Call Participants Douglas Harter - Credit Suisse Eric Hagen - BTIG Steve DeLaney - JMP Securities Bose George - KBW Stephen Laws - Raymond James Operator Good afternoon, and welcome to the Redwood Trust Inc. Third Quarter 2022 Financial Results Conference Call. Today's conference is being recorded.

Redwood Trust (RWT) delivered earnings and revenue surprises of 633.33% and 15.44%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

MILL VALLEY, Calif.