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Ticker Symbol: RWT

Redwood Trust Inc.

$13.70 - 20-11-2024 4 p.m. ET

Exchange: NEW YORK STOCK EXCHANGE INC. Country: US Currency: USD Asset Type: Common Stock CIK:0000930236

Company Profile

Redwood Trust, Inc. is a specialty finance company focused on several distinct areas of housing credit. Our operating platforms occupy a unique position in the housing finance value chain, providing liquidity to growing segments of the U.S. housing market not served by government programs. The Compoany delivers customized housing credit investments to a diverse mix of investors, through our best-in-class securitization platforms; whole-loan distribution activities; and its publicly-traded shares. Its consolidated investment portfolio has evolved to incorporate a diverse mix of residential, business purpose and multifamily investments. Redwood Trust goal is to provide attractive returns to shareholders through a stable and growing stream of earnings and dividends, capital appreciation, and a commitment to technological innovation that facilitates risk-minded scale. Since going public in 1994, Redwood Trust has managed its business through several cycles, built a track record of innovation, and a best-in-class reputation for service and a common-sense approach to credit investing. Redwood Trust is internally managed and structured as a real estate investment trust ('REIT') for tax purposes.

Sector: Finance and Insurance
Industry: Other Financial Vehicles
Standard Industrial Classification Code (SIC code): 6798
Address: 1 Belvedere Pl Ste 300
CEO: Christopher Abate
Tags:
  • Finance
  • Real Estate Investment Trusts
  • Finance and Insurance
  • Other Financial Vehicles

Pricing

Last Updated: October 13, 2023 03:00 PM EST
Previous Close: $7.04
Change: -$0.24 ( -3.30%)
Days Range: $7.03 - $7.41
Beta: 1.30
52wk. High: $8.11
52wk. Low: $5.22
Ytd. Change 9.79%
50 Day Moving Average: $7.24
200 Day Moving Average: $6.65
Shares Outstanding: 114234643

Valuation

Market Cap: 80.4B
PE Ratio: -8.28
EPS (TTM): -0.8506

Dividends

Dividend Per Share (TTM): $0.74
Dividend Yield (TTM): 11.15%
Ex-Dividend Date: September 21, 2023