Is Redwood Trust, Inc. (RWTQ) a Buy, Sell, or Hold?
NYSE : RWTQ
Redwood Trust, Inc.
$24.52 USD
$0.02 (0.08%)
- Volume
- 9.24K
- Average Volume
- 17.1K
- Market Capitalization
- $3.14B
- P/E Ratio
- -6.58
- Dividend Yield
- 14.06%
- Price Target
- Year High
- $26.30
- Year Low
- $23.10
- Day High
- —
- Day Low
- —
- Payout Ratio
- -$1.14
- Current Ratio
- $0.06
Company Overview
NYSE
Christopher J. Abate
REIT - Mortgage
Real Estate
RWTQ
351
US
USD
Liquidity Metrics
26.42
0.06
0.06
0.06
-1.14
Sales & Valuation
-$
0.57
0.67
-0.05
-101.38
Profitability
-$
-8.14%
-6.68%
-9.19%
-0.34%
P/E Metrics
-6.58
0.02
0.02
Analyst Price Target & Rating
0/5
0 Analysts
%
Poll Results
About Redwood Trust, Inc. (NYSE:RWTQ) Stock
Redwood Trust, Inc., along with its affiliated entities, functions as a specialized financial services firm operating throughout the United States. Its diverse operations are structured across four main segments: Sequoia Mortgage Banking, CoreVest Mortgage Banking, Redwood Investments, and Legacy Investments. The Sequoia Mortgage Banking segment acts as an intermediary, acquiring residential mortgage loans from external originators. These acquired loans are subsequently either resold, packaged into securities, or integrated into Redwood's proprietary investment portfolio. CoreVest Mortgage Banking manages a distinct platform dedicated to originating loans for residential property investors, which are then securitized, sold, or allocated to the Redwood Investments portfolio or joint venture ... s. This segment also strategically employs various derivative financial instruments to mitigate specific risks associated with its inventory of loans earmarked for sale. The Redwood Investments segment primarily targets investment opportunities that are sensitive to housing credit risk. These opportunities are generated internally through the company's operational platforms, where it maintains rigorous control over underwriting processes and collateral evaluation. Moving forward, this portfolio will increasingly emphasize retained interests stemming from the company's own securitization activities and other investment vehicles, rather than relying on third-party securities, reflecting Redwood's strategic pivot towards internally sourced investments. Finally, the Legacy Investments segment comprises holdings that are no longer aligned with the company's core strategic objectives. These include older, unsecuritized bridge and term loans, securities backed by residential loans that have resumed performance, and other non-essential legacy assets. These assets are currently in the active process of divestment, liquidation, or other forms of disposition as part of an accelerated strategic realignment of Redwood's business model. Redwood Trust, Inc. was established in 1994 and its corporate headquarters are located in Mill Valley, California.
Frequently Asked Questions
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What is the current Redwood Trust, Inc. (RWTQ) stock price?
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Redwood Trust, Inc.(NYSE:RWTQ) stock price is $24.52 in the last trading session. During the trading session, RWTQ stock reached the peak price of $26.3 while $23.1 was the lowest point it dropped to. The percentage change in RWTQ stock occurred in the recent session was 0.08% while the dollar amount for the price change in RWTQ stock was $0.02.
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RWTQ's industry and sector of operation?
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The NYSE listed RWTQ is part of REIT - Mortgage industry that operates in the broader Real Estate sector.
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Who are the executives of RWTQ?
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Andrew Stone | Executive VP, Chief Legal Officer & Secretary
Sasha G. Macomber | Chief Human Resource Officer
Dashiell I. Robinson | President & Director
Jonathan Groesbeck | Head of Business Development & Institutional Sales of Sequoia
Carlene A. Graham | President of Sequoia -
How many employees does RWTQ have?
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Number of RWTQ employees currently stands at 351. RWTQ operates from One Belvedere Place, Mill Valley, CA 94941, US.
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Link for RWTQ official website?
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Official Website of RWTQ is: https://www.redwoodtrust.com
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How do I contact RWTQ?
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RWTQ could be contacted at phone #415 389 7373 and can also be accessed through its website. RWTQ operates from One Belvedere Place, Mill Valley, CA 94941, US.
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How many shares of RWTQ are traded daily?
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The average number of RWTQ shares traded daily for last 3 months was 17.1K.
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What is the market cap of RWTQ currently?
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The market value of RWTQ currently stands at $3.14B with its latest stock price at $24.52