Redwood Trust

Redwood Trust, Inc. is a financial company, which focuses on several distinct areas of housing credit. It operates through the following segments: Residential Lending, Business Purpose Lending, Third-Party Investments, and Corporate. The Residential Lending segment consists of a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer into the investment portfolio. The Business Purpose Lending segment includes the platform that originates and acquires business purpose residential loans. The Third-Party Investments segment consists of investments in residential mortgage-backed securities (RMBS) issued by third parties, investments in Freddie Mac K-Series multifamily loan securitizations and SLST reperforming loan securitizations. The company was founded by George E. Bull III, Douglas B. Hansen and Frederick H. Borden on April 11, 1994 and is headquartered in Mill Valley, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Redwood Trust navigates market challenges, eyes growth opportunities in Q4

Redwood Trust demonstrated resilience and strategic focus in Q4 2022 amidst market challenges, emphasizing risk management and capital optimization.
Strong performance in investment portfolios, capital efficiency improvements, and interest income stability position the company for growth.
Challenges include market volatility, tightened spreads, and competition in BPL originations, requiring ongoing strategic navigation.
Opportunities lie in Wells Fargo's exit, capital allocation flexibility, and potential returns in residential mortgage banking and investment avenues.

Redwood Trust reports positive Q1 earnings amidst sector challenges

Redwood Trust delivered a solid Q1 performance with positive earnings and a focus on efficiency and financial discipline. The company's strengths lie in its strategic portfolio growth, stable credit performance, and commitment to risk management.
Challenges include regulatory pressures, potential dividend cuts, and uncertainties in the financial sector landscape. However, opportunities exist in leveraging market changes, optimizing expenses, and pursuing growth in lending segments.
Overall, Redwood Trust's performance reflects resilience and adaptability in a dynamic market environment. The company's proactive approach to risk management, expense control, and growth strategies positions it well for future success.

Redwood Trust excels in Q2, eyes bank partnerships for growth

Redwood Trust's Q2 earnings call highlighted a strong performance, strategic focus on bank partnerships, and growth opportunities in residential and bridge businesses. The company faces challenges in capital allocation and risk management but is well-positioned to leverage its strengths and seize opportunities for future growth.

Redwood Trust faces challenges but closes key deals in Q3

Redwood Trust navigated challenges from market transitions and reported a decrease in GAAP book value and negative net income in Q3. Despite this, the company closed significant securitization deals and launched the Aspire home equity investment platform. Redwood's focus on risk-minded growth and capital optimization positions them well for future opportunities in the evolving mortgage sector.

Redwood Trust reports robust Q4 performance and eyes jumbo market growth

Redwood Trust's Q4 earnings call highlighted strong performance, capital strength, growth opportunities, and challenges in market dynamics. The company's focus on residential mortgage banking, jumbo market share, and securitization transactions positions them for continued growth. Executives are optimistic about scaling jumbo production and leveraging partnerships with banks for capital deployment.

Redwood Trust reports robust Q1 performance and eyes market expansion

Redwood Trust's Q1 performance reflects strong financial health and growth prospects, driven by increased net interest income and strategic partnerships.
The company's focus on efficient capital deployment, strong gain-on-sale margins, and market stability through seller relationships positions it well for future success.
While facing challenges in managing extensions and competitive dynamics, Redwood Trust has opportunities to capitalize on market trends and partnerships for sustained growth.

Redwood Trust reports solid Q3 earnings amidst market challenges

Redwood Trust's Q3 performance reflects financial stability, growth in key metrics, and strong revenue streams in the mortgage banking segment.
While facing challenges such as credit risks and market uncertainties, the company's strategic strengths in dividend increases and business progress offer resilience.
Opportunities in jumbo loan securitization, market growth, and strategic decision-making present avenues for future expansion and value creation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Redwood Trust, Inc. is a financial company, which focuses on several distinct areas of housing credit. It operates through the following segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. The Residential Mortgage Banking segment consists of a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer into the investment portfolio. The Business Purpose Mortgage Banking segment includes the platform that originates and acquires business purpose residential loans. The Investment Portfolio segment covers the organic investments sourced through the residential and business purpose mortgage banking operations. The company was founded by George E. Bull III, Douglas B. Hansen and Frederick H. Borden on April 11, 1994 and is headquartered in Mill Valley, CA.

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.

Earnings Preview: Redwood Trust (RWT) Q1 Earnings Expected to Decline

MILL VALLEY, Calif.--(BUSINESS WIRE)--RWT Horizons, the venture investment arm of Redwood Trust, Inc. (NYSE: RWT) (“Redwood”), today announced five new investments completed during the first quarter of 2022. RWT Horizons targets early and mid-stage companies that are transforming financial and real estate technology and that have the potential to enhance scale and efficiency of Redwood's businesses. Since inception RWT Horizons has made 21 investments in 18 companies. Dwellsy, a leading online

RWT Horizons Announces Q1'22 Investment Activity

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust Announces Date of First Quarter 2022 Financial Results Webcast and Conference Call

Redwood Trust Announces Date of First Quarter 2022 Financial Results Webcast and Conference Call

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, today announced that Redwood Residential, its residential mortgage banking platform, has launched new expanded product offerings through its Choice program as well as a new product geared towards addressing the growing cohort of self-employed borrowers. Loans for self-employed borrowers will be uniquely structured to meet the Cons

Redwood Residential Launches New Products to Address Evolving Homeowner Needs

MILL VALLEY, Calif.--(BUSINESS WIRE)--REDWOOD TRUST ANNOUNCES CHIEF INVESTMENT OFFICER OF RWT HORIZONS; RYAN MCBRIDE TO TRANSITION INTO CHIEF INVESTMENT OFFICER ROLE FULL-TIME

Redwood Trust Announces Chief Investment Officer of RWT Horizons

APA Corporation

Cigna

Kite Realty Group

Public Storage

Targa Resources

Valero Energy

Webster Financial

The Wall Street firms that we cover here at 24/7 Wall St. all keep a list for their institutional and retail clients of high-conviction stock picks.

8 ‘Strong Buy' Analyst Favorites With Big, Dependable Dividends Are Ideal Q2 Picks

MILL VALLEY, Calif. , March 14, 2022 /PRNewswire/ -- Redwood Trust, Inc.  (NYSE: RWT; "Redwood" or the "Company"), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors authorized the declaration of a first quarter 2022 regular common stock dividend of $0.23 per share.

REDWOOD TRUST ANNOUNCES DIVIDEND OF $0.23 PER SHARE FOR THE FIRST QUARTER OF 2022

Applied Materials

Colgate-Palmolive

Dick's Sporting Goods

QUALCOMM

After years of a low interest rate environment, many investors have turned to equities, not only for the growth potential but also for solid and dependable dividends that help to provide an income stream.

5 ‘Strong Buy' Blue-Chip Stocks With Dividends Likely Raised This Week

Redwood Trust's (RWT) CEO Chris Abate on Q4 2021 Results - Earnings Call Transcript

Redwood Trust (RWT) delivered earnings and revenue surprises of -14.71% and 30.20%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Redwood Trust (RWT) Lags Q4 Earnings Estimates

MILL VALLEY, Calif., Feb. 9, 2022 /PRNewswire/ -- Redwood Trust, Inc. (NYSE:RWT; "Redwood" or the "Company"), a leader in expanding access to housing for homebuyers and renters, today reported its financial results for the quarter ended December 31, 2021.

REDWOOD TRUST REPORTS FOURTH QUARTER 2021 FINANCIAL RESULTS

Redwood Trust (RWT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Redwood Trust (RWT) Ahead of Earnings?

MGM Growth Properties

Vici Properties

W. P. Carey

The implosion of the once invincible Meta Platforms is an eye-opening look into what may become a trend in the technology world.

Why 4 Red-Hot REITs Yielding at Least 5% May Be the Best 2022 Stock Ideas Now

Redwood Trust (RWT) possesses 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 (RWT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

MILL VALLEY, Calif., Jan. 27, 2022 /PRNewswire/ -- Redwood Trust, Inc.  (NYSE: RWT), a leader in expanding access to housing for homebuyers and renters, today announced tax information regarding its dividend distributions for 2021.

Redwood Trust Announces Dividend Distribution Tax Information for 2021

MILL VALLEY, Calif., Jan. 26, 2022 /PRNewswire/ --  Redwood Trust, Inc.  (NYSE: RWT), a leader in expanding access to housing for homebuyers and renters, is scheduled to release its fourth quarter 2021 results on February 9, 2022 after the close of the market.

REDWOOD TRUST ANNOUNCES DATE OF FOURTH QUARTER 2021 FINANCIAL RESULTS WEBCAST AND CONFERENCE CALL

Redwood Trust (RWT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Redwood Trust (RWT) is Poised to Beat Earnings Estimates Again

All the firms that we follow here at 24/7 Wall St. keep a list for their institutional and retail clients of high-conviction stock picks.

5 Analyst Favorite Stocks Include REITs That Pay Solid Dividends and Fight Inflation

MILL VALLEY, Calif., Dec. 07, 2021 /PRNewswire/ --  Redwood Trust, Inc.  (NYSE: RWT), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors authorized a 9.5% increase in the company's quarterly common stock dividend to $0.23 per share for the fourth quarter of 2021, up from $0.21 per share for the third quarter of 2021.

Redwood Trust announces Dividend Increase Of 9.5% To $0.23 Per Share For The Fourth Quarter Of 2021

Redwood Trust (RWT) has been struggling lately, but the selling pressure may be coming to an end soon.

Redwood Trust (RWT) Sees Hammer Chart Pattern: Time to Buy?

Wallace Weitz (Trades, Portfolio), manager of the Weitz Value Fund and Weitz Partners Value Fund, disclosed this week that his firm's top five trades during the third quarter included reductions to its holdings in Redwood Trust Inc. ( RWT , Financial) and Aon PLC ( AON , Financial), the closure of its stake in First Hawaiian Inc. ( FHB , Financial) and boosts to its positions in Dun & Bradstreet Holdings Inc. ( DNB , Financial) and CoStar Group Inc. ( CSGP , Financial).

Wallace Weitz Chops Redwood Trust and Aon Positions in 3rd Quarter

MILL VALLEY, Calif., Nov. 11, 2021 /PRNewswire/ --  Redwood Trust, Inc.  (NYSE: RWT), a leader in expanding access to housing for homebuyers and renters, today announced that members of senior management will participate in the Jefferies Real Estate Finance & Technology Conference on Tuesday, November 16, 2021.

Redwood Trust to Participate In The Jefferies Real Estate Finance & Technology Conference

Blackstone Mortgage Trust

Annaly Capital

The Zacks REIT and Equity Trust industry will continue to benefit from robust purchase origination momentum, favorable residential credit market and higher MSR valuations. NLY, BXMT and RWT are poised to cash in on the improving industry fundamentals.

3 mREIT Stocks to Buy as Industry Continues to Gain Momentum

Redwood Trust, Inc. (RWT) CEO Chris Abate on Q3 2021 Results - Earnings Call Transcript

Redwood Trust (RWT) delivered earnings and revenue surprises of 80.77% and 52.67%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

News for Redwood Trust Stock (RWT)