RWT

Redwood Trust, Inc. [RWT] Stock Forecast

Q: What is Redwood Trust, Inc. stock symbol ?

Redwood Trust, Inc. is a US stock, located in Mill valley of Ca and trading under the symbol RWT

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RWT Stock Summary

EPS has been increasing for the past 3 quarters (Quarter statements)

RWT's dividend payments are well covered by cash flows with cash payout ratio of 63.93%.

Has a high level of debt. Debt-to-Equity ratio of 11.02 is considered high.

Earnings are expected to fall -200.35% next year

Currently unprofitable, and not expected to turn profitable in the coming year

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In the News

03:46 25 Mar 2023 RWT

Redwood Trust: 2 Alternatives To The Common Shares Yielding Nearly 10%

Redwood Trust originates, holds, and sells residential and business loans. The company saw earnings headwinds in 2022 related to the value of the loans it held for investment purposes.

06:30 25 Mar 2023 RWT

Redwood Trust Sees Continued Weakness in Mortgage Originations, Cuts Costs

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.

08:49 25 Mar 2023 RWT

Redwood Trust Inc. (RWT) Q4 2022 Earnings Call Transcript

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.

07:35 25 Mar 2023 RWT

Redwood Trust (RWT) Reports Q4 Loss, Lags Revenue Estimates

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?

06:55 25 Mar 2023 RWT

One New Preferred Stock IPO In January - And It Yields 10%

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.

01:35 25 Mar 2023 RWT

Redwood Trust: Mortgage Lender Offering 10% Preferred Shares

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

11:23 25 Mar 2023 RWT

11 high-yield dividend stocks that are Wall Street's favorites for 2023

Investors love dividend stocks but there are different ways to look at them, including various “quality” approaches. Today we are focusing on high yields.

07:25 25 Mar 2023 RWT

Why Is Redwood Trust's Dividend Yield So High?

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

01:23 25 Mar 2023 RWT

Buy 13% Yielding Redwood Trust. It Just Ain't '08

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.

10:05 25 Mar 2023 RWT

Redwood Trust, Inc (RWT) Q3 2022 Earnings Call Transcript

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.

RWT Financial details

Company Rating

Buy

Market Cap

765.59M

Income

-163.46M

Revenue

-44.21M

Book val./share

9.56

Cash/share

5.84

Dividend

0.92

Dividend %

15.08%

Employees

298

Optionable

Shortable

Yes

Earnings

26 Apr 2023

P/E

-4.23

Forward P/E

PEG

0.28

P/S

-15.64

P/B

0.64

P/C

1.1

P/FCF

-0.34

Quick Ratio

0.33

Current Ratio

0.33

Debt / Equity

11.02

LT Debt / Equity

1.6

EPS (TTM)

-1.43

EPS next Y

EPS next Q

0.06

EPS this Y

-150.27%

EPS next Y

EPS next 5Y

-189.51%

EPS last 5Y

NAN%

Revenue last 5Y

NAN%

Revenue Q/Q

613.36%

EPS Q/Q

-11.36%

SMA20

-14.45%

SMA50

-6.82%

SMA100

-0.15%

Inst Own

73.06%

Inst Trans

5.11%

ROA

-1%

ROE

-13%

ROC

Gross Margin

-167%

Oper. Margin

Profit Margin

370%

Payout

-69%

Shs Outstand

113.59M

Shs Float

112.32M

Target Price

11.17

52W Range

5.52-11.04

52W High

-41.73%

52W Low

+28.2%

RSI

31.37

Rel Volume

1.94

Avg Volume

1.04M

Volume

2.02M

Perf Week

-8.3%

Perf Month

-19.07%

Perf Quarter

11.67%

Perf Half Y

-9.21%

Beta

1.41635

Volatility

0.28%, 0.54%

Prev Close

5.08%

Price

6.41

Change

1.42%

RWT Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Revenue per share	2.51	2.23	-3.14	4.58	-1.39
Net income per share	1.41	1.24	-5.19	2.78	-1.4
Operating cash flow per share	-18.99	-8.52	-4.51	-49.56	-1.19
Free cash flow per share	-19.29	-8.52	-4.51	-49.56	-1.19
Cash per share	2.07	3.19	4.11	5.72	5.65
Book value per share	15.89	13.36	9.91	12.06	9.25
Tangible book value per share	-1.78	3.62	-77.85	11.7	8.7
Share holders equity per share	15.89	13.36	9.91	12.06	9.25
Interest debt per share	113.48	110.4	84.73	117.02	36.81
Market cap	1.28B	2.26B	984.15M	1.52B	792.46M
Enterprise value	10.5B	16.69B	9.57B	14.08B	4.3B
P/E ratio	10.7	13.37	-1.69	4.74	-4.83
Price to sales ratio	6	7.43	-2.8	2.88	-4.86
POCF ratio	-0.79	-1.94	-1.95	-0.27	-5.7
PFCF ratio	-0.78	-1.94	-1.95	-0.27	-5.7
P/B Ratio	0.95	1.24	0.89	1.09	0.73
PTB ratio	0.95	1.24	0.89	1.09	0.73
EV to sales	49.28	54.81	-27.19	26.79	-26.36
Enterprise value over EBITDA	28.29	25.03	-78.7	18.02	10.14
EV to operating cash flow	-6.51	-14.32	-18.94	-2.47	-30.88
EV to free cash flow	-6.41	-14.32	-18.94	-2.47	-30.88
Earnings yield	0.09	0.07	-0.59	0.21	-0.21
Free cash flow yield	-1.28	-0.52	-0.51	-3.76	-0.18
Debt to equity	7.85	8.85	8.32	9.61	11.02
Debt to assets	1.01	0.96	17.84	0.91	0.92
Net debt to EBITDA	24.84	21.64	-70.61	16.08	8.27
Current ratio	0.07	0.07	0.88	6.36	0.33
Interest coverage	0	0	-0.02	0.79	0
Income quality	-13.48	-6.89	0.87	-17.82	0.85
Dividend Yield	0.08	0.06	0.09	0.06	0.14
Payout ratio	0.81	0.77	-0.14	0.29	-0.68
Sales general and administrative to revenue	0.31	0.32	-0.33	0.32	-0.87
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0.01	0	0	0
Capex to operating cash flow	0.02	0	0	0	0
Capex to revenue	-0.12	0	0	0	0
Capex to depreciation	-19.49	0	0	0	0
Stock based compensation to revenue	0.06	0.05	-0.04	0.04	-0.15
Graham number	22.44	19.28	34.03	27.48	17.06
ROIC	0	0	0.02	0.02	0
Return on tangible assets	0.01	0.01	-1.12	0.02	-0.01
Graham Net	-121.3	-113.35	-78.36	-109.32	-96.27
Working capital	-2.43B	-2.5B	-61.35M	11.48B	-1.37B
Tangible asset value	-150.81M	494.8M	-8.73B	1.34B	1.02B
Net current asset value	-10.41B	-15.97B	-8.78B	297.36M	-11.29B
Invested capital	6.96	8	8.15	9.39	3.47
Average receivables	137.52M	229.5M	152.08M	68.78M	68.78M
Average payables	31.15M	51.59M	30.33M	19.65M	19.65M
Average inventory	0	0	0	0	0
Days sales outstanding	265.29	364.63	0	95.52	0
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	1.38	1	0	3.82	0
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	0.09	0.09	-0.52	0.23	-0.15
Capex per share	-0.3	0	0	0	0

Quarterly Fundamentals Overview

Last date of statement is 2022-12-31 for Q4

Metric	2021-12-31	2022-03-31	2022-06-30	2022-10-01	2022-12-31
Revenue per share	0.8	0.56	-0.62	-0.04	-0.29
Net income per share	0.38	0.26	-0.84	-0.43	-0.39
Operating cash flow per share	-16.66	-2.43	-1.66	3.11	-0.09
Free cash flow per share	-16.66	-2.43	-1.66	3.11	-0.09
Cash per share	5.72	4.96	4.36	3.78	5.84
Book value per share	12.06	12.06	10.51	9.94	9.56
Tangible book value per share	11.7	11.74	10.22	9.36	9
Share holders equity per share	12.06	12.06	10.51	9.94	9.56
Interest debt per share	114.28	104.8	104.22	101.83	34.48
Market cap	1.52B	1.26B	922.58M	666.34M	766.33M
Enterprise value	14.08B	13.28B	12.9B	12.05B	4.27B
P/E ratio	8.6	10.21	-2.31	-3.3	-4.35
Price to sales ratio	16.43	18.73	-12.47	-144.04	-23.22
POCF ratio	-0.79	-4.33	-4.63	1.84	-78.94
PFCF ratio	-0.79	-4.33	-4.63	1.84	-78.94
P/B Ratio	1.09	0.87	0.73	0.58	0.71
PTB ratio	1.09	0.87	0.73	0.58	0.71
EV to sales	152.69	197.06	-174.32	-2.6K	-129.4
Enterprise value over EBITDA	85.3	78.72	605.45	122.77	38.47
EV to operating cash flow	-7.36	-45.53	-64.76	33.34	-439.88
EV to free cash flow	-7.36	-45.53	-64.76	33.34	-439.88
Earnings yield	0.03	0.02	-0.11	-0.08	-0.06
Free cash flow yield	-1.26	-0.23	-0.22	0.54	-0.01
Debt to equity	9.61	8.86	10.03	10.39	11.02
Debt to assets	0.91	0.9	0.91	0.91	0.92
Net debt to EBITDA	76.12	71.23	562.13	115.98	31.57
Current ratio	0	0	3.15	0	0.33
Interest coverage	3.01	0	0	0	0
Income quality	-43.46	-9.43	1.99	-7.17	0.22
Dividend Yield	0.02	0.02	0.03	0.04	0.04
Payout ratio	0.62	0.93	-0.28	-0.55	-0.61
Sales general and administrative to revenue	0.4	0.49	-0.41	-8.29	-1.18
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0	0	0.01	0
Capex to operating cash flow	0	0	0	0	0
Capex to revenue	0	0	0	0	0
Capex to depreciation	0	0	0	0	0
Stock based compensation to revenue	0.04	0.12	-0.07	-1.1	-0.16
Graham number	10.2	8.36	14.06	9.86	9.14
ROIC	0.02	0	0	0	0
Return on tangible assets	0	0	-0.01	0	0
Graham Net	-109.32	-101.16	-100.43	-98.7	-99.55
Working capital	-2.14B	-1.63B	3.91B	0	-1.37B
Tangible asset value	1.34B	1.41B	1.22B	1.09B	1.02B
Net current asset value	-13.32B	-12.81B	-6.88B	-11.99B	-11.29B
Invested capital	9.39	8.6	9.81	10.12	3.47
Average receivables	114.24M	126.38M	109.44M	114.71M	62.87M
Average payables	36.92M	49.84M	54.22M	49.86M	25.83M
Average inventory	0	0	0	0	0
Days sales outstanding	134.24	153.83	-126.15	-2.45K	0
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	0.67	0.59	-0.71	-0.04	0
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	0.03	0.02	-0.08	-0.04	-0.04
Capex per share	0	0	0	0	0

RWT Dividend History

RWT Frequently Asked Questions

What is Redwood Trust, Inc. stock symbol ?

Redwood Trust, Inc. is a US stock , located in Mill valley of Ca and trading under the symbol RWT

Is Redwood Trust, Inc. buy or a sell ?

4 stock analysts have 4 predictions with a medium analyst target price of $12.38. The lowest prediction is $9.5 and the highest is $16

What is RWT stock prediction ?

With a median analyst target price of $9.5, 1 stock analysts have made 1 forecasts in last 90 days. $9.5 is the lowest and $9.5 is the greatest projection.

What is Redwood Trust, Inc. stock quote today ?

Redwood Trust, Inc. stock price is $6.41 today.

Is Redwood Trust, Inc. stock public?

Yes, Redwood Trust, Inc. is a publicly traded company.

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Company Profile

Volume Average 1.04M
Market Capitalization 765.59M
Employee 298
CEO Mr. Christopher J. Abate CPA
Headquarters Mill Valley,CA,US
IPO Date 1995-08-04
Website https://www.redwoodtrust.com

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.