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Initiation
Redwood Trust initiated with an Equal Weight at Wells Fargo » 06:27
11/01/21
11/01
06:27
11/01/21
06:27
RWT

Redwood Trust

$13.57 /

-0.375 (-2.69%)

Wells Fargo analyst…

Wells Fargo analyst Donald Fandetti initiated coverage of Redwood Trust with an Equal Weight rating and $14 price target. The analyst views Redwood as a top player in the non-agency residential mortgage market and sees further dividend growth. However, that enthusiasm is tempered by concerns around the impact of higher interest rates on the stock, Fandetti tells investors in a research note.

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RWT Redwood Trust
$13.57 /

-0.375 (-2.69%)

RWT Redwood Trust
$13.57 /

-0.375 (-2.69%)

07/19/21 Piper Sandler
Redwood Trust upgraded to Overweight from Neutral at Piper Sandler
06/15/21 BTIG
Redwood Trust price target raised to $13.50 from $12.50 at BTIG
12/18/20 Keefe Bruyette
Redwood Trust upgraded to Outperform from Market Perform at Keefe Bruyette
12/14/20 Jefferies
Redwood Trust initiated with a Buy at Jefferies
RWT Redwood Trust
$13.57 /

-0.375 (-2.69%)

Earnings
Redwood Trust reports Q3 GAAP EPS 65c, consensus 39c » 16:51
10/27/21
10/27
16:51
10/27/21
16:51
RWT

Redwood Trust

$13.55 /

-0.035 (-0.26%)

GAAP book value per…

GAAP book value per common share was $12.00 at September 30, 2021, up 4.7% from June 30, 2021. "After a historic first half of the year, we maintained remarkable momentum, achieving another quarter of book value growth and strong earnings. Our outperformance in the third quarter was driven by strength across all of our businesses, including notable volume records and industry 'firsts' in the securitization market. We continued to deliver on our innovative technology roadmap, both organically and through our RWT Horizons venture investment arm. As we execute our strategy, we expect to produce high-quality earnings from the diverse, durable and recurring revenue streams we have been augmenting over time," said CEO Chris Abate.

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RWT Redwood Trust
$13.55 /

-0.035 (-0.26%)

RWT Redwood Trust
$13.55 /

-0.035 (-0.26%)

07/19/21 Piper Sandler
Redwood Trust upgraded to Overweight from Neutral at Piper Sandler
06/15/21 BTIG
Redwood Trust price target raised to $13.50 from $12.50 at BTIG
12/18/20 Keefe Bruyette
Redwood Trust upgraded to Outperform from Market Perform at Keefe Bruyette
12/14/20 Jefferies
Redwood Trust initiated with a Buy at Jefferies
RWT Redwood Trust
$13.55 /

-0.035 (-0.26%)

Hot Stocks
Redwood Trust investing in rental ownership platform Flock » 16:20
10/06/21
10/06
16:20
10/06/21
16:20
RWT

Redwood Trust

$13.22 /

-0.055 (-0.41%)

Redwood Trust is…

Redwood Trust is investing in Flock Homes, a real estate technology startup that optimizes the rental ownership experience for individuals through an integrated platform that converts owners into passive investors. The investment was completed through Redwood's RWT Horizons venture arm, which targets early and mid-stage companies transforming sectors like financial and real-estate technology. Through the deployment of Flock's technology-enabled platform, individual rental property owners can exchange property for shares in a portfolio of homes without incurring taxable events. Flock clams to be the first company offering this solution to owners of individual rental properties.

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RWT Redwood Trust
$13.22 /

-0.055 (-0.41%)

RWT Redwood Trust
$13.22 /

-0.055 (-0.41%)

07/19/21 Piper Sandler
Redwood Trust upgraded to Overweight from Neutral at Piper Sandler
06/15/21 BTIG
Redwood Trust price target raised to $13.50 from $12.50 at BTIG
12/18/20 Keefe Bruyette
Redwood Trust upgraded to Outperform from Market Perform at Keefe Bruyette
12/14/20 Jefferies
Redwood Trust initiated with a Buy at Jefferies
RWT Redwood Trust
$13.22 /

-0.055 (-0.41%)

Conference/Events
Redwood Trust to host virtual investor day » 13:55
09/14/21
09/14
13:55
09/14/21
13:55
RWT

Redwood Trust

$12.61 /

+0.09 (+0.72%)

Virtual Investor Day to…

Virtual Investor Day to be held on September 14 at 2 pm. Webcast Link

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RWT Redwood Trust
$12.61 /

+0.09 (+0.72%)

RWT Redwood Trust
$12.61 /

+0.09 (+0.72%)

07/19/21 Piper Sandler
Redwood Trust upgraded to Overweight from Neutral at Piper Sandler
06/15/21 BTIG
Redwood Trust price target raised to $13.50 from $12.50 at BTIG
12/18/20 Keefe Bruyette
Redwood Trust upgraded to Outperform from Market Perform at Keefe Bruyette
12/14/20 Jefferies
Redwood Trust initiated with a Buy at Jefferies
RWT Redwood Trust
$12.61 /

+0.09 (+0.72%)

Conference/Events
Redwood Trust to host virtual investor day » 04:55
09/14/21
09/14
04:55
09/14/21
04:55
RWT

Redwood Trust

$12.52 /

+0.255 (+2.08%)

Virtual Investor Day to…

Virtual Investor Day to be held on September 14 at 2 pm. Webcast Link

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RWT Redwood Trust
$12.52 /

+0.255 (+2.08%)

RWT Redwood Trust
$12.52 /

+0.255 (+2.08%)

07/19/21 Piper Sandler
Redwood Trust upgraded to Overweight from Neutral at Piper Sandler
06/15/21 BTIG
Redwood Trust price target raised to $13.50 from $12.50 at BTIG
12/18/20 Keefe Bruyette
Redwood Trust upgraded to Outperform from Market Perform at Keefe Bruyette
12/14/20 Jefferies
Redwood Trust initiated with a Buy at Jefferies
RWT Redwood Trust
$12.52 /

+0.255 (+2.08%)

Hot Stocks
Redwood Trust raises quarterly dividend by 17% to 21c per share » 16:25
09/13/21
09/13
16:25
09/13/21
16:25
RWT

Redwood Trust

$12.52 /

+0.255 (+2.08%)

The dividend is payable…

The dividend is payable on September 30, 2021 to stockholders of record on September 23, 2021.

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RWT Redwood Trust
$12.52 /

+0.255 (+2.08%)

RWT Redwood Trust
$12.52 /

+0.255 (+2.08%)

07/19/21 Piper Sandler
Redwood Trust upgraded to Overweight from Neutral at Piper Sandler
06/15/21 BTIG
Redwood Trust price target raised to $13.50 from $12.50 at BTIG
12/18/20 Keefe Bruyette
Redwood Trust upgraded to Outperform from Market Perform at Keefe Bruyette
12/14/20 Jefferies
Redwood Trust initiated with a Buy at Jefferies
RWT Redwood Trust
$12.52 /

+0.255 (+2.08%)

Conference/Events
Redwood Trust to host virtual investor day » 17:27
09/11/21
09/11
17:27
09/11/21
17:27
RWT

Redwood Trust

$12.25 /

-0.17 (-1.37%)

Virtual Investor Day to…

Virtual Investor Day to be held on September 14 at 2 pm. Webcast Link

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RWT Redwood Trust
$12.25 /

-0.17 (-1.37%)

RWT Redwood Trust
$12.25 /

-0.17 (-1.37%)

07/19/21 Piper Sandler
Redwood Trust upgraded to Overweight from Neutral at Piper Sandler
06/15/21 BTIG
Redwood Trust price target raised to $13.50 from $12.50 at BTIG
12/18/20 Keefe Bruyette
Redwood Trust upgraded to Outperform from Market Perform at Keefe Bruyette
12/14/20 Jefferies
Redwood Trust initiated with a Buy at Jefferies
RWT Redwood Trust
$12.25 /

-0.17 (-1.37%)

Over a quarter ago
Earnings
Redwood Trust reports Q3 GAAP EPS 66c, consensus 40c » 16:55
07/28/21
07/28
16:55
07/28/21
16:55
RWT

Redwood Trust

$11.86 /

+0.07 (+0.59%)

GAAP book value per…

GAAP book value per common share was $11.46 at June 30 up 6.5% from March 31.

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RWT Redwood Trust
$11.86 /

+0.07 (+0.59%)

RWT Redwood Trust
$11.86 /

+0.07 (+0.59%)

07/19/21 Piper Sandler
Redwood Trust upgraded to Overweight from Neutral at Piper Sandler
06/15/21 BTIG
Redwood Trust price target raised to $13.50 from $12.50 at BTIG
12/18/20 Keefe Bruyette
Redwood Trust upgraded to Outperform from Market Perform at Keefe Bruyette
12/14/20 Jefferies
Redwood Trust initiated with a Buy at Jefferies
RWT Redwood Trust
$11.86 /

+0.07 (+0.59%)

Upgrade
Redwood Trust upgraded to Overweight from Neutral at Piper Sandler » 06:12
07/19/21
07/19
06:12
07/19/21
06:12
RWT

Redwood Trust

$11.64 /

-0.12 (-1.02%)

Piper Sandler analyst…

Piper Sandler analyst Kevin Barker upgraded Redwood Trust to Overweight from Neutral with a price target of $14, up from $12. The operating metrics preannouncements and the "substantial momentum" the company has developed in its business purpose lending and non-agency production segments should lead to greater book value growth relative to peers over the next several quarters, Barker tells investors in a research note.

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RWT Redwood Trust
$11.64 /

-0.12 (-1.02%)

RWT Redwood Trust
$11.64 /

-0.12 (-1.02%)

06/15/21 BTIG
Redwood Trust price target raised to $13.50 from $12.50 at BTIG
12/18/20 Keefe Bruyette
Redwood Trust upgraded to Outperform from Market Perform at Keefe Bruyette
12/14/20 Jefferies
Redwood Trust initiated with a Buy at Jefferies
11/23/20 BTIG
Redwood Trust initiated with a Buy at BTIG
RWT Redwood Trust
$11.64 /

-0.12 (-1.02%)

Conference/Events
Redwood Trust participates in a webcast with Raymond James » 10:25
06/29/21
06/29
10:25
06/29/21
10:25
RWT

Redwood Trust

$12.01 /

-0.1 (-0.83%)

Director of Equity…

Director of Equity Research, Stephen Laws, holds a conference call with CEO Abate to discuss macro trends in the non-agency market, trends in homeownership and single-family rental will be held on June 29 at 11 am hosted by Raymond James. Webcast Link

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RWT Redwood Trust
$12.01 /

-0.1 (-0.83%)

RWT Redwood Trust
$12.01 /

-0.1 (-0.83%)

06/15/21 BTIG
Redwood Trust price target raised to $13.50 from $12.50 at BTIG
12/18/20 Keefe Bruyette
Redwood Trust upgraded to Outperform from Market Perform at Keefe Bruyette
12/14/20 Jefferies
Redwood Trust initiated with a Buy at Jefferies
11/23/20 BTIG
Redwood Trust initiated with a Buy at BTIG
RWT Redwood Trust
$12.01 /

-0.1 (-0.83%)

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