Redwood Trust (RWT) to Release Quarterly Earnings on Wednesday

Redwood Trust (NYSE:RWT - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.16 per share and revenue of $26.55 million for the quarter.

Redwood Trust (NYSE:RWT - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.03). Redwood Trust had a return on equity of 6.91% and a net margin of 9.35%. The firm had revenue of $27.60 million during the quarter, compared to analysts' expectations of $26.00 million. On average, analysts expect Redwood Trust to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Redwood Trust Stock Up 6.9 %

Redwood Trust stock opened at $5.85 on Wednesday. The business has a fifty day moving average price of $6.02 and a 200-day moving average price of $6.61. Redwood Trust has a 1-year low of $4.68 and a 1-year high of $8.15. The stock has a market capitalization of $777.29 million, a price-to-earnings ratio of 17.71 and a beta of 1.15. The company has a debt-to-equity ratio of 14.09, a current ratio of 44.36 and a quick ratio of 44.36.

Redwood Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 24th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 12.32%. The ex-dividend date of this dividend was Monday, March 24th. Redwood Trust's dividend payout ratio is presently 218.18%.

Analyst Upgrades and Downgrades

RWT has been the subject of a number of research analyst reports. Jones Trading decreased their price target on shares of Redwood Trust from $8.00 to $7.00 and set a "buy" rating for the company in a report on Thursday, April 17th. StockNews.com upgraded Redwood Trust from a "sell" rating to a "hold" rating in a research note on Wednesday, March 5th. JPMorgan Chase & Co. dropped their price target on Redwood Trust from $6.50 to $5.50 and set a "neutral" rating on the stock in a research note on Wednesday, April 16th. Finally, JMP Securities reduced their price objective on Redwood Trust from $8.00 to $7.50 and set a "market outperform" rating for the company in a research note on Thursday, April 17th. Five research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $7.50.

Redwood Trust Company Profile

Redwood Trust, Inc, 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.

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