Redwood Trust (RWT) came out with quarterly earnings of $0.18 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.13 per share a year ago.
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.
Redwood Trust's baby bonds, especially the longer-dated issues, now offer compelling yields to maturity for income investors. Despite rising interest rates, Redwood Trust's net interest income has rebounded for five straight quarters, supported by significant loan growth and stable leverage. Risks include exposure to interest rate shifts and rising delinquencies in investor and bridge loans, making common shares less attractive.
Redwood Trust (RWT) is trading at a steep 40% discount to peers (0.7x P/B), despite resilient fundamentals and strong growth engines. The business model efficiently recycles capital, minimizes balance sheet risk, and generates high returns through platforms like Sequoia, CoreVest, and Aspire. RWT offers an attractive ~11.5% dividend yield with improving coverage, and management targets a 9-12% ROE by 2H 2025.
The mean of analysts' price targets for Redwood Trust (RWT) points to a 26.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Redwood Trust, Inc. (NYSE:RWT ) Q1 2025 Earnings Conference Call April 30, 2025 5:00 PM ET Company Participants Kaitlyn Mauritz - Head of Investor Relations Christopher Abate - Chief Executive Officer Dashiell Robinson - President Brooke Carillo - Chief Financial Officer Conference Call Participants Douglas Harter - UBS Investment Bank Richard Shane - JPMorgan Chase & Co. Donald Fandetti - Wells Fargo Securities Crispin Love - Piper Sandler Eric Hagen - BTIG Steven Delaney - JMP Securities Operator Greetings and welcome to the Redwood Trust First Quarter 2025 Financial Results Conference Call. At this time, all participants are in a listen-only mode.
The headline numbers for Redwood Trust (RWT) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Redwood Trust (RWT) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.08 per share a year ago.
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) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Redwood Trust (RWT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Redwood Trust, Inc. (NYSE:RWT ) Q4 2024 Earnings Conference Call February 13, 2024 5:00 PM ET Company Participants Kaitlyn Mauritz - Head of Investor Relations Christopher Abate - Chief Executive Officer Dashiell Robinson - President Brooke Carillo - Chief Financial Officer Conference Call Participants Bose George - Keefe, Bruyette, & Woods, Inc. Bradley Capuzzi - Piper Sandler Eric Hagen - BTIG Steven Delaney - JMP Securities Douglas Harter - UBS Investment Bank Donald Fandetti - Wells Fargo Securities Richard Shane - JPMorgan Chase & Co Jason Weaver - Jones Trading Operator Good afternoon and welcome to The Redwood Trust Fourth Quarter 2024 Financial Results Conference Call. Today's conference is being recorded.