RWT Stock Recent News

Redwood Trust is paying out an 11.2% dividend yield to its common shareholders that's not currently being covered by earnings available for distribution. The mREIT has seen its book value decline by 28% over the last 3 years. The preferred shares offer a double-digit yield on cost and are trading for a small discount to their liquidation value.

In efforts to scale its mortgage banking businesses, Redwood (RWT) announces a $750-million strategic capital partnership with CPP Investments.

Redwood Trust specializes in mortgages and has faced challenges due to rising interest rates, causing a decrease in net interest income. The company has taken on risk and grown its balance sheet by investing in residential loans and utilizing asset-backed securities.

Redwood Trust, Inc. (RWT) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Redwood Trust (RWT) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

MILL VALLEY, Calif.--(BUSINESS WIRE)--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 2023 results on February 20, 2024 after the close of the market. Redwood's senior management team plans to hold a conference call to discuss its fourth quarter 2023 financial results later that same day at 2:00 pm Pacific Time / 5:00 pm Eastern Time. Webcast Information The conference cal.

Redwood Trust (RWT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Redwood Trust has an attractive 8.8% dividend yield. Mortgage REITs like Redwood Trust are very different from property-owning REITs.

Call Start: 17:00 January 1, 0000 5:57 PM ET Redwood Trust, Inc. (NYSE:RWT ) Q3 2023 Earnings Conference Call October 30, 2023 05:00 PM ET Company Participants Kaitlyn Mauritz - Senior Vice President, Investor Relations Chris Abate - Chief Executive Officer Dash Robinson - President Brooke Carillo - Chief Financial Officer Conference Call Participants Rick Shane - JPMorgan Bose George - KBW Don Fandetti - Wells Fargo Securities Stephen Laws - Raymond James Kevin Barker - Piper Sandler Steve Delaney - JMP Securities Eric Hagen - BTIG Operator Ladies and gentlemen, good afternoon, and welcome to the Redwood Trust, Inc. Third Quarter 2023 Financial Results Conference Call. Today's conference is being recorded.

While the top- and bottom-line numbers for Redwood Trust (RWT) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.