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Redwood Trust Q2 2024 Earnings Report

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$6.50 +0.07 (+1.01%)
As of 01/17/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Redwood Trust EPS Results

Actual EPS
$0.13
Consensus EPS
$0.12
Beat/Miss
Beat by +$0.01
One Year Ago EPS
$0.14

Redwood Trust Revenue Results

Actual Revenue
N/A
Expected Revenue
$28.13 million
Beat/Miss
N/A
YoY Revenue Growth
N/A

Redwood Trust Announcement Details

Quarter
Q2 2024
Time
Before Market Opens

Conference Call Resources

Redwood Trust Earnings Headlines

Redwood Trust prices $90M senior notes offering
Redwood Trust Prices $90.0 Million Senior Notes Offering
Why Buffett, Griffin and 100 members of Congress are Piling into this One Investment
This isn't just another investment. It might be the last retirement stock you'll ever need. But this window of opportunity is closing fast.
Analysts Set Redwood Trust, Inc. (NYSE:RWT) Price Target at $8.03
See More Redwood Trust Headlines
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About Redwood Trust

Redwood Trust (NYSE:RWT), together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Consumer Mortgage Banking, Residential Investor Mortgage Banking, and Investment Portfolio. The Residential Consumer 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 Residential Investor Mortgage Banking segment operates a platform that originates business purpose loans to investors in single-family and multifamily residential properties and bridge loans for subsequent securitization, sale, or transfer into its investment portfolio. The Investment Portfolio segment invests in securities retained from residential consumer and investor securitization activities, and business purpose lending 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 is elected to be taxed as a real estate investment trust (REIT) for federal income tax purposes. Redwood Trust, Inc. was incorporated in 1994 and is headquartered in Mill Valley, California.

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